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SINGAPORE retail is now on track to return to full-year growth in 2021, after posting annual declines since 2018.
THE Ministry of Finance said that proceeds will be used to finance nationally significant infrastructure, such as new Mass Rapid Transit lines.
SECOND Minister for Finance Indranee Rajah took issue with a recent social media post by the Workers' Party (WP), which questioned the need to increase GST while citing Singapore's annual average of S$29 billion in cash surpluses from 2011 to 2019.
EACH of the 23 Industry Transformation Maps (ITMs) will be refreshed to meet the accelerated changes brought about by Covid-19, said Deputy Prime Minister Heng Swee Keat on Monday.
AS AEM already has control of 81.7 per cent of CEI, this means the proposed payments of a third and final dividend of 0.4 Singapore cents per share and a special dividend of 2.6 cents per share will not take place.
THIS comes amid announcements that work-from-home arrangement no longer remains the default arrangement in Singapore.
The STI today
SINGAPORE'S blue-chip barometer, the Straits Times Index, closed 28.06 points or 0.88 per cent higher at 3,209.74 points.