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Briefs: GST hike needed for 'better Singapore for tomorrow'; former Midas CEO charged

The Edge Singapore
The Edge Singapore2/10/2022 09:35 PM GMT+08  • 7 min read
Briefs: GST hike needed for 'better Singapore for tomorrow'; former Midas CEO charged
In other news, investments in Singapore’s FinTech industry hit five-year high in 2021 at US$3.94 billion, says KPMG.
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Quoteworthy: "As a base from which to run a business it’s very, very poor today" — James Riley, CEO of hotel chain Mandarin Oriental, lamenting Hong Kong’s strict travel restrictions.

GST hike needed to ‘build a better Singapore for tomorrow’: Lawrence Wong

The impending hike in Singapore’s goods and services tax (GST) is necessary to “build a better Singapore for tomorrow”, says Minister of Finance Lawrence Wong in a Facebook post on Feb 9.

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