Economy

Corporate income tax revenue grows 3.3% to $13.8b

It had the lion’s share of FY15/16’s tax collection.

Singapore's manufactured products price index sinks 9.1% in July

Supply price index still in the red despite slight improvement.

Singapore business turnovers creep up 1.1% in 2Q16

Thanks to well-performing recreation and business services industries.

Scared investors scurry to deposit gold in Singapore vaults

Depressing global economic outlook push deposits up by 90%.

High wages forced 42,000 businesses to exit in 1H16

The exodus spurred recession fears among Singaporeans.

Domestic wholesale trade sinks 20.5% in 2Q16

Blame it on price slump of petroleum and chemical products.

Is government ready for bailout of companies facing default?

Businesses are scuffling against oil price slump.