Daily Debrief: What happened today
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Singapore can further enhance S$6.6b GST Assurance Package if need be: Lawrence Wong
EVEN when taking into account the latest inflation and today’s higher prices, the government stands by its assurance that the majority of Singaporean households will not feel the impact of the Goods and Services Tax (GST) increase for at least 5 years, with the impact for lower-income families delayed by about 10 years.
Neither recession nor stagflation expected for Singapore in 2023: Alvin Tan
SINGAPORE is not expected to see a recession nor “stagflation” in 2023, Minister of State for Trade and Industry Alvin Tan told Parliament on Monday (Jul 4).
Local firms’ Q2 payment performance show improvements for third consecutive quarter: SCCB
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PAYMENT performance of local firms improved for the third consecutive quarter in Q2 2022, according to data from Singapore Commercial Credit Bureau (SCCB) released on Monday (Jul 4).
Singapore not strutting into poultry farming even as it seeks food resilience: Grace Fu
SINGAPORE does not intend to go into local poultry production, even as it improves its food resilience, said Minister for Sustainability and the Environment Grace Fu in Parliament on Monday (Jul 4).
Bigger HDB BTO flats: Clawback on first resale proceeds?
THE HDB is on track to launch up to 23,000 new flats in 2022. Still, it can be challenging for first-time applicants to secure a built-to-order (BTO) flat, especially a larger unit.
The STI today
Local banks lead Singapore shares higher on Monday; STI up 0.8% SINGAPORE shares rose on Monday (Jul 4) amid mixed trading in regional markets, led by strength in financial stocks.
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