Economy

S Pass and EP holders decline in Q2

Tougher policies attributed to decline.

Non-oil domestic exports up 10.7% in August

The expansion, however, was slower than July's growth.

Singapore ranks as 2nd top global hub for cross-border capital

Also in the top 10 from the Asia Pacific region are Hong Kong, Japan, and China.

Over $2.28b in gov't aid disbursed to SG businesses in 2023

IRAS also gave out $2.28b in government schemes to over 131,000 businesses.

President’s Challenge shifts to longer-term funding model

It will also extend its support to the arts and sports.

Singapore named WMO Southeast Asia haze control centre host

Singapore has also housed the ASEAN Specialised Meteorological Centre since 1993.

Tax revenue rises 17% to $80.3b in FY23/24

Corporate income tax led the collection with a 36.1% share.

SG and Malaysia advance talks on Johor-Singapore SEZ agreement

Discussions between the two countries took place from 28 to 30 August in Johor.

Singapore simplifies REIT leverage rules for growth flexibility

New leverage requirements align Singapore REITs with APAC markets.

Business receipts in service industries rise 9.7% YoY in Q2 2024

Information and Communications led business receipts growth.

SaladStop! and SG fintechs amongst “to-watch” startups in APAC

SpaceTech and healthcare startups are amongst those who made the list.