Singapore Budget 2018

Singapore Budget

Singapore must ensure sufficient revenues to meet growing needs up to 2030

SINGAPORE (Feb 19): Finance Minister Heng Swee Keat said Singapore is on a “sound fiscal footing” and has sufficient resources to meet its planned spending needs till 2020, but must plan ahead and

Singapore Budget

ElderShield to be reviewed later this year to ensure affordability

SINGAPORE (Feb 19): The government is reviewing ElderShield,  Finance Minister Heng Swee Keat said on Monday.

Government revises Proximity Housing Grant (PHG) criteria to within 4km

SINGAPORE (Feb 19): Families are encouraged to live near each other in the latest Budget 2018.

Singapore Budget

No change in Foreign Domestic Worker (FDW) levy of $60 but tweaks will be made

SINGAPORE (Feb 19): The government will continue to support households with their expenses, said Finance Minster Heng Swee Keat in his Budget 2018 statement.

Singapore Budget

Carbon tax of $5 per tonne of greenhouse gas emissions to be launched from 2019

SINGAPORE (Feb 19): From 2019, Singapore will introduce a carbon tax of $5 per tonne of greenhouse gas emissions which will be levied on major emitters, said Finance Minister Heng Swee Keat in his

Singapore Budget

Budget 2018 to encourage firms to adopt innovation to remain competitive

SINGAPORE (Feb 19): Finance Minister Heng Swee Keat encouraged all firms to embrace innovation and adopt new technologies as a key competitive advantage in his Budget 2018 speech.

Singapore Budget

Singapore poised for first sales tax hike in more than a decade

SINGAPORE (Feb 13): Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town to an Asian Manhattan, is expected to put something unusual in this year's g

Singapore Budget

Minister Heng Swee Keat to deliver Singapore's FY18 budget statement next Monday

SINGAPORE (Feb 12): Singapore’s FY18 Budget Statement will be delivered by the Minister for Finance, Heng Swee Keat, next Monday, Feb 19, in Parliament.

Singapore Budget

SIATP calls for tax incentives in Budget 2018 to boost productivity

SINGAPORE (Jan 18): The Singapore Institute of Accredited Tax Professionals (SIATP) has called for targeted tax incentives to be included in Budget 2018 to reinforce Singapore’s productivity drive

Singapore economy

Ready for a 2 percentage point GST hike in Budget 2018?

SINGAPORE (Jan 17): Credit Suisse expects a 2 percentage point GST hike to be announced on Feb 19 in this year's Budget statement.

This will likely be implemented from 2H2018 onwards.

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