sin01
Read More

Singapore: Key exports shrink for ninth straight month

SINGAPORE: Key exports fell at a steeper rate in June in Singapore, its ninth straight month of decline, data from Enterprise Singapore (EnterpriseSG) show. Non-oil domestic exports (Nodx) shrank 15.5% year-on-year (y-o-y) in June, following a revised 14.8% fall in May. The drop was slightly less than the 15.6% fall forecast by analysts in a […]

Read More
sin01
Read More

Singapore to change tax rules that attracted the super rich

THE Monetary Authority of Singapore (MAS) will change the tax incentives it gives to single family offices in an effort to boost the hiring of locals and investment in the country’s equity markets. Tax incentives will also be adjusted to encourage these firms to invest in climate-related projects and undertake more philanthropy through Singapore, MAS […]

Read More
sin02
Read More

Singapore retail sales dip in May, breaking three-month streak

SINGAPORE – Takings at the till fell in May, breaking a three-month streak of increases as overall retail sales continue to decelerate. Month on month, May’s overall takings decreased by 0.2 per cent from April on a seasonally adjusted basis. In comparison, April’s overall takings increased 0.3 per cent from March. However, retail sales for May grew […]

Read More