Economy

Government urged to introduce sugar tax

Government urged to introduce sugar tax

EY says in its Budget 2019 wishlist that the revenue may be used to subsidise healthcare costs.

Japanese passport unseats Singapore as world's most powerful in Q1

It fell one destination short of Japan's visa-free entry to 190 territories.

SMEs to benefit from $30m funding for digital growth under the Start Digital initiative

New firms will get a head start with with two foundational digital solutions with costs waived for a minimum of six months.

Singapore's GDP expected to rise by 3% in 2018: report

Total business expenditure commitments amounted to $6.5b.

Japan export growth slowed to 0.1% in November

Declines in machinery exports offset growth in transport equipment and manufactured goods.

Tax cuts and deduction schemes will provide relief for business growth in 2019: PwC

The current minimum fund size requirement of $50m is too high for most.

NODX slipped 2.6% in November

It was dragged by the 5.2% decrease in the non-electronic segment.

Singapore's 2018 economic growth forecast raised by 1 ppt to 3.3%: MAS survey

Economists think that manufacturing growth in 2018 will slow down to 7.4% from an earlier prediction of 7.6%.

Chart of the Day: See the correlation between GDP growth and residential property prices

Price growth could hit -3% to 2% in 2019 amidst predicted slower economic growth.

These Singaporean companies are poised to become the next unicorns

Online marketplace Carousell is one of the main contenders.

Banning sugar products in Singapore may not be the best idea

The Ministry of Health is currently considering measures to reduce Singaporeans’ consumption of sugar which is a factor in obesity and diabetes here...

Australia's GDP growth may fall to 2.5% in 2019

The weakening housing market and China's economic slowdown are to blame.

Thailand weathers currency downturn on bloated current account surplus

At 7.6% of GDP, its account surplus is amongst the strongest in the ASEAN-6.

SMEs expect 15% lower turnover amidst challenging business environment: report

Investments totaled less than 10% of sales for 75% of SMEs in 2018.