Tag: Budget 2018

DPM Teo Says What’s Most Important Is to Improve Technology and Workforce

 On Sunday, February 18, Deputy Prime Minister Teo Chee Hean made a speech that touched on the budget at the yearly spring reception of the Singapore Chinese Cultural Centre (SCCC) and Singapore Federation of Chinese Clan Associations (SFCCA). The Budget will be rolled out...

Economists Predict Big Budget Surplus from 2017

Economists are predicting a higher budget surplus than was originally expected for the past financial year, which ends on March 31. They say that this is because of fewer expenses for development, as well as bigger stamp duties and tax receipts.The country has seen...

“You have been robbed, dear Singaporeans” – Budget 2018 forum on VIDEO

Finance Minister Heng Swee Keat will deliver Budget 2018 tomorrow. Even as political analysts predict that taxes will almost certainly go up this year, four civil society players gathered last week to discuss their beliefs on what the nation’s economic direction should be for the...

PM Lee hopes for broader economic growth this year

By Yasmine YahyaSingapore's economic performance last year was healthy, marked by a better-than-expected expansion and encouraging productivity growth, said Prime Minister Lee Hsien Loong.He expressed hope that the improvement will be spread out across more industries this year.Productivity and economic growth have been getting more...

Indranee Rajah Introduces Budget 2018 in an ‘Otterly’ New Way

Indranee Rajah, Senior Minister of State of the Ministry of Finance, posted a video on her Facebook account on February 13, in the light of upcoming Budget Day on Monday, February 19.Ms. Rajah chose to highlight budget themes in the video in a lighthearted...

PM Lee hints that taxes will go up in Budget 2018 through feel-good CNY message

Prime Minister Lee Hsien Loong appears to have hinted that taxes will rise when Budget 2018 is unveiled next week, through a feel-good message he wrote in commemoration of Chinese New Year.In the post, PM Lee wrote that the challenges of caring for Singapore's...

Consumer Taxes in Singapore: Trends Analyzed

 Ahead of Singapore government's upcoming budget announcement scheduled for 19 February 2018, we've prepared a brief overview on how taxes on consumers have trended over the last few years in the country. Also, given the general rise in consumer taxes, we've prepared some tips...

Taxman Heng Sweet Keat is neither Santa Claus nor Robin Hood

By Augustine LowSpeaking of the upcoming Budget earlier this week, Heng Swee Keat tried his best to temper expectations, saying he is neither Santa Claus giving out goodies nor Robin Hood doing great things.But something has to give, and someone has to do the...