Government Funds Set Up to Meet ‘Real Commitments,’ Spending Needs: DPM Wong
Finance Minister explains the rationale behind setting aside funds for future spending In his speech on the final day of the Budget 2024 debate, Finance...
Boosting Singapore’s Accounting Sector
Workforce and Trade Agreements Strengthened Singapore will soon introduce recommendations to strengthen its local accountancy workforce, announced Second Minister for Finance Indranee Rajah on Feb...
New Tender Lite Category for SMEs
Simplifying Government Bidding Singapore will launch Tender Lite in April 2024 to help SMEs access government tenders more easily. Second Minister for Finance Chee Hong...
MPs Suggest Tweaks and Raise Questions About Labour Policies for Various Worker Groups in Budget Debate
Proposals for improved support across different worker groups, from upskilling to better unemployment support During the second day of the Budget 2024 debate, Members of...
Increase in Background Checks for Employment Pass Applicants
High Costs Still Deter Some Firms Despite Growing Demand A rising number of companies in Singapore are conducting background checks on foreign hires following the...
More Firms Doing Background Checks for EP Applicants, but High Costs Remain Obstacle
SMEs see increased demand for screening services, but high costs continue to be a barrier Since the implementation of the new Complementarity Assessment Framework (Compass)...
MPs Cautious About Handouts, Keen on Worker Support on First Day of Budget Debate
Concerns over sustainability of financial handouts, with a focus on long-term worker support and skills development On the first day of the Budget 2024 debate,...
Singapore’s Factory Output Rises 1.1% in January but Misses Forecasts
Economists Remain Optimistic About Stronger Industrial Growth in 2024 Singapore’s industrial production (IP) recorded a 1.1% year-on-year increase in January 2024, reversing a 2.4% decline...
Singapore’s Inflation Declines in January Despite GST Increase
Headline and Core Inflation Lower Than Expected Amid Economic Adjustments Singapore’s inflation rate eased in January, despite the goods and services tax (GST) increase to...
Budget 2024 property tax changes unlikely to impact homebuying decisions: OCBC
OCBC assesses the potential effect of property tax adjustments on the property market and buyers OCBC Investment Research believes that recent property tax changes in...
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