Singapore Budget 2022

Budget 2022 tax changes will help plug revenue-spending gap in FY2026-30: MOF

If there are new policy moves, even more revenue may be needed in the medium term, said MOF

Carbon tax hike a 'strong signal' Singapore is serious about green targets: Tan See Leng

Carbon tax hike a 'strong signal' Singapore is serious about green targets: Tan See Leng

SINGAPORE'S carbon tax rate hike sends a strong signal to the world that the Republic "means business" about reaching its ambitious climate goal of achieving net zero emissions by or around the middle...

Price increases are expected to continue in the coming months, with energy prices likely to remain "elevated" for the rest of the year, Deputy Prime Minister Lawrence Wong said on Tuesday (Jun 21).

Economists not ruling out further government support if inflation persists; GST hike likely to stay

SINGAPORE’S inflation appears on track to peak in the third quarter, but economists told The Business Times that further government support should not be ruled out if prices continue to stay elevated ...

With energy prices possibly elevated into the second half of the year, certain small businesses will now get government funding of up to 70 per cent for energy-efficient equipment.

Singapore to release S$1.5b support package as energy prices stay high

SINGAPORE is committing S$1.5 billion on inflation relief for businesses and households, as global prices climb faster than earlier projected and are likely to stay high.

President Halimah approves draw of S$6b from past reserves to fund Singapore's Covid-19 expenditure

President Halimah approves draw of S$6b from past reserves to fund Singapore's Covid-19 expenditure

PRESIDENT Halimah Yacob has given her formal approval for the government to draw S$6 billion from the past reserves to fund a "multi-pronged approach" to continue to support Singapore's Covid-19 publi...

Support in Budget 2022 anticipated Ukraine fallout: Wong
ST-BT BUDGET ROUNDTABLE

Support in Budget 2022 anticipated Ukraine fallout: Wong

The finance minister adds that the government has put in a lot more resources and funding to help households cope with the possibility of rising prices

Building for a post-pandemic future
ST-BT BUDGET ROUNDTABLE 2022

Building for a post-pandemic future

The following is an edited excerpt of the roundtable.

Crucial to strengthen social compact after toll of pandemic years
ST-BT BUDGET ROUNDTABLE 2022

Crucial to strengthen social compact after toll of pandemic years

Singapore focuses on both fair and efficient tax collection, and spending for progressive, value-for-money outcomes, says minister.

Carbon tax may cause short-term loss, but most firms share net-zero goals
ST-BT BUDGET ROUNDTABLE 2022

Carbon tax may cause short-term loss, but most firms share net-zero goals

As companies are already applying their own internal carbon prices and are aligned on decarbonisation, the carbon tax should not have too much of an impact on Singapore's competitiveness, says Finance...