SINGAPORE BUDGET 2018

Singapore Finance Minister Heng Swee Keat on Monday unveiled a Budget aimed at building durability.

TAXES: SHIFTING GEARS

AS widely expected, the government announced plans to increase the GST to 9 per cent from the current 7 per cent - but this will only kick in, at the earliest, in three years' time - keeping its...

SINGAPORE BUDGET 2018

THE impact of the 1-percentage point hike in the top marginal buyer's stamp duty (BSD) rate on the portion of a residential property's value exceeding S$1million will be felt most for big-...

THE "Netflix tax" will in two years hit the pockets of Singapore digital consumers and some businesses, with the government setting a 2020 deadline in charging the goods and services tax (...

TAXES: SHIFTING GEARS

INDUSTRY observers welcomed Singapore's soft start in its implementation of a carbon tax through an initial price lower than the range provided earlier by the government, though some affected...

TAXES: SHIFTING GEARS

TAX transparency treatment for Singapore-listed real estate investment trusts (S-Reits) will soon be extended to exchange traded funds (ETFs) invested in these Reits - a long-awaited move cheered by...

TAXES: SHIFTING GEARS

THE reduction in tax exemptions for startups unveiled in Budget 2018 on Monday will have little impact on Singapore's startup ecosystem. While it will disadvantage startups that have just turned...

COMMENTARY

FINANCE Minister Heng Swee Keat stressed early in his Budget 2018 speech on the importance of encouraging pervasive innovation throughout the economy, as well as the key role intellectual property (...

BUSINESS SUPPORT

SUPPORTING more firms to innovate is a key thrust of the Singapore Budget 2018, as several new measures unveiled by Finance Minister Heng Swee Keat on Monday made it clear that innovation is still a...

BUSINESS SUPPORT

THE Open Innovation Programme (OIP) is a welcome initiative that will accelerate innovation and digital transformation among Singapore businesses, industry players told The Business Times. But for it...