Higher CPF contribution to have minimal impact on firms: DBS
Any reduction in earnings should be capped at 1% of net profit, it adds
Mon, Sep 15, 2014 - 12:09 PM
[SINGAPORE] The increase in Central Provident Fund (CPF) contribution proposed in this year's Budget would have minimal impact on listed companies in labour-intensive sectors, DBS Group Research said in a report released yesterday.
Deputy Prime Minister and Minister for Finance Tharman...