SINGAPORE – A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3%, mainly centred on trade partnerships, deepening the workforce’s tech skills and digitalising the economy. It also recommended a review of Singapore’s tax system so that it remains pro-growth and competitive, while also “broad-based, progressive […]
Read MoreSINGAPORE: With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms. “Investors are looking for takeover candidates because prices have come off significantly,” said Justin Tang, a director of global […]
Read MoreTHE Singapore government is looking to raise water tariffs as the cost of producing and supplying water rises. This comes as the level of water in Linggiu reservoir in Johor remains low, and Singapore ramps up other sources of water supply through desalination and NEWater plants. “Going forward we are seeing higher costs in producing […]
Read MoreBUSINESS performance improved for firms here in the last quarter of 2016, but they remained highly cautious about prospects soon, a survey has found. This cautiousness – the first in five quarters – would translate into a Q1 2017 growth rate similar to the pace seen at the end of 2016. The latest Business Times-UniSim […]
Read MoreSingapore sees little growth in fixed-asset investments this year after commitments fell to the lowest level since at least 2007, the Economic Development Board said. Capital investment in facilities and equipment planned over the next five years stood at S$9.4 billion ($6.7 billion) last year and should stabilise at around S$8 billion to S$10 billion […]
Read MoreSINGAPORE – Starting April 1 this year, businesses and entrepreneurs will enjoy lower fees when they file for patent and trademark protection with the Intellectual Property Office of Singapore (Ipos). Ipos said it reviews its fees regularly to keep them competitive with other countries, and encourage local innovation. From April 1, fees will be reduced […]
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