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21 news

09.12.10

Singapore GDP will grow 5.1% next year: Economists

Singapore's economic growth is likely to moderate next year, after a record 15 per cent expansion this year that has put the Republic on track to finishing the year as the fastest-growing economy in the world.

27.10.10

Singapore least corrupt nation

SINGAPORE shared top spot with Denmark and New Zealand as the least corrupt nations in the world, in the latest annual ranking by non-governmental corruption watchdog Transparency International (TI).

22.09.10

Trade between S'pore & Latin America up 23% in first 8 months

Trade between Singapore and Latin America in the first eight months of this year jumped 23 per cent on-year to about S$18 billion.

09.09.10

Singapore keeps 3rd spot in competitiveness ranking

Singapore is the third most competitive economy in the world, according to the World Economic Forum's competitiveness ranking published on Thursday. Among other BRIC economies, Brazil (58th), India (51st) and Russia (63rd) remained stable.

31.08.10

Brazil's economy cooling but still plenty warm

Three months ago economists were wringing their hands over possible overheating in Brazil's economy, with China-like growth provoking fears of ever-higher interest rates to control rising consumer prices. What a difference a quarter makes. Since then, economic data have pointed to a sharp slowdown, marked by a drop in industrial production and slower retail sales growth.

23.07.10

Singapore and China Enhance Tax Cooperation

Singapore and China today signed a protocol to incorporate in their standing Agreement for the Avoidance of Double Taxation (DTA).

09.07.10

Assets under management in Singapore up 40% to hit new high - MAS

Assets managed by the Singapore asset management industry hit a new high last year, lifted by improved market sentiment.

29.06.10

S'pore emerges as most liveable Asian city in new Global Liveable Cities Index

Singapore has emerged as the most liveable Asian city in a new index. It was ranked third worldwide coming in behind Geneva and Zurich in the Global Liveable Cities Index.

29.06.10

Singapore is safest place for business in Asia, says Coface

Singapore is the safest place for business in Asia, according to trade credit insurer Coface.

07.06.10

S'pore, HK have least complex, most consistent tax policies: Deloitte

A new survey has found that Singapore and Hong Kong are the least complex, most consistent and most predictable economies in terms of tax policies in the region.

02.06.10

Singapore, HK least red tape in Asia: survey

Regional financial centres Singapore and Hong Kong have the most efficient bureaucracies, according to the survey of expatriate business executives by the Political and Economic Risk Consultancy (PERC) on Wednesday.

22.05.10

Singapore Earns World's Top Spot in Economic Competitiveness

In the World Competitiveness Yearbook 2010 released by Swiss business school Institute for Management Development (IMD), Singapore has surpassed Hong Kong and the United States to grab the title of the "Most Competitive State in the World".

10.05.10

Singapore Encourages Better Corporate Governance

Speech by Mr Goh Chok Tong, Senior Minister at the Singapore Corporate Awards 2010 at the Ritz Carlton Millenia.

27.01.10

Singapore corporate tax unlikely to budge in next month's Budget

Singapore is not likely to tweak its corporate tax rate of 17 per cent in next month's Budget, according to accounting firm Ernst & Young. It said the current tax policy for companies will stay to balance the need to raise revenue from other sources.

25.01.10

S'pore to host global forum on transparency, exchange of tax info

Singapore will host the Global Forum on Transparency and Exchange of Information for Tax Purposes from September 30 to October 1 this year.

11.11.09

Singapore set to be removed from OECD's grey list

Singapore is on track to being removed from the Organisation of Economic Cooperation and Development's grey list of financial jurisdictions.

22.10.09

Singapore Passes Tax Information Exchange Law

Singapore’s parliament has passed the Income Tax (Amendment) (Exchange of Information) Bill, which will allow the country to implement the internationally agreed OECD standard for the exchange of information (EOI) for tax purposes.

19.11.08

UBS Raids Rivals to Hire

UBS has hired six executives for its Asian wealth management arm in Hong Kong and Singapore, contrasting with reports that rival Citi was looking to cut back on wealth management staff in the Asian region.

26.09.08

SGX Enhances Transparency; Deters Failed Delivery

The Singapore Exchange (SGX) has announced new initiatives to enhance existing transparency in the market and to deter failed deliveries of equities.

29.08.08

ASEAN chief says proposed ASEAN-EU free trade pact "challenging"

A proposed free trade agreement between the Association of Southeast Asian Nations and the European Union is "one of the most challenging" ASEAN is negotiating, the bloc's chief said on Thursday.

24.06.08

Singapore Sharpens Competitive Edge With Corporate Tax Cut

In his Budget Statement for the Financial Year (FY) 2007, Second Minister for Finance, Tharman Shanmugaratnam announced a two percentage point reduction in the corporate income tax rate to 18% to sharpen Singapore’s competitive edge.

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