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Singapore extends investment promotion tax incentives; raises quantum for Global Investor Programme

SINGAPORE is extending several investment promotion tax incentives for another five years, even as it prepares to implement global tax rule changes. But separately, individuals will need to invest more to become permanent residents (PRs) under the Global Investor Programme (GIP). The Pioneer Certificate, Development and Expansion Incentive, and Investment Allowance tax incentives will all […]

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Singapore factory output for fourth straight month; falls 2.7% in Jan, surprising estimates

SINGAPORE’S industrial production fell for the fourth consecutive month in January, dropping by 2.7 per cent on the year and deepening from December 2022’s revised 2.6 per cent fall. This came as the key electronics sector reversed from the previous month’s rebound, Economic Development Board (EDB) data showed on Friday (Feb 24). January’s performance was […]

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