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Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflecting post-Covid recovery
SINGAPORE’S tax revenue for financial year (FY) 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery that followed the end of the Covid-19 pandemic, the Inland Revenue Authority of Singapore (Iras) said on Wednesday (Sep 6).
Economists cut Singapore’s 2023 growth forecast to 1% on weaker manufacturing: survey
PRIVATE-SECTOR economists have grown less upbeat about Singapore’s full-year growth, with a median forecast of 1 per cent in a quarterly survey on Wednesday (Sep 6), down from 1.4 per cent in the previous survey.
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THE 10 foreign nationals charged for their alleged involvement in the high-profile money-laundering case – which involves assets of some S$1.8 billion now – will remain in police custody until their next court dates, amid ongoing investigations.
Miscalculation in US-China relations could draw Asean into serious conflict: PM Lee
AMID simmering tensions between the world’s two largest economies, South-east Asia is concerned that a miscalculation in diplomatic relations between the United States and China could draw the region into a serious conflict.
Big car COE prices continue record-breaking run in September
CERTIFICATE of Entitlement (COE) prices for September’s first round of bidding on Wednesday (Sep 6) saw prices for more expensive passenger car categories continuing to break records after the new highs set in August.
STI down 0.1% after mixed regional session
SINGAPORE shares finished in the red after a mixed session in markets across the Asia-Pacific on Wednesday (Sep 6).
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