. Malayan Banking Bhd head of forex research Saktiandi Supaat told StarBiz the prosperity tax could in

Mr Saktiandi Supaat( Bishan-Toa Payoh GRC) asked whether there were guidelines on disclosures for

CLICK TO ENLARGEKUALA LUMPUR: The ringgit is likely to see some recovery later this year on better economic prospects and fund inflows although volatility will come from policy tightening by the US Federal Reserve( Fed). According to HSBC’s global head of foreign exchange research Paul Mackel, there are enough sources of growth to support the local currency in the coming months, including a wider “ core ” balance of payments.He noted that foreign direct investment( FDI) inflows could rise furthe

PETALING JAYA: The performance of the ringgit against the US dollar for the rest of the year will hinge on fund flows. Foreign exchange strategists and economists concurred that the tapering by the US Federal Reserve( Fed) of its bond-buying programme or quantitative( QE) easing would not bode well for the local currency. Right track: Nadia says the ringgit remains on track to meet RAM Ratings’ projection range for the year.If this scenario takes place, they noted that there would be outflow of

SINGAPORE-A wholesale night vegetable market in Toa Payoh East Lorong 7 has closed for two weeks from last Friday( Sept 3), after several Covid-19 cases were reportedly found there. Before its temporary closure, about 10 fruit and vegetable stalls operated at the wholesale market from Monday to Saturday from 11pm to 5am.... The market has been running for at least 30 years. The Singapore Food Agency( SFA) said in a statement on Thursday( Sept 9) that the market is a" privately managed secondary

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It signals that we do not tolerate discrimination at workplaces." But in practice, we hope to operate in a similar way as today, except better.... We should still resolve workplace disputes informally and amicably, if at all possible." The legal redress should be a last recourse, he added.... It is better if disputes can be resolved amicably, through persuasion or mediation." But after consulting the tripartite partners, the Government has decided to adopt the labour MPs' suggestions, he added

SINGAPORE-Extending benefits to a wider group of parents is a step in the right direction, but could the Baby Bonus cash portion be given to single unwed parents as well, asked Mr Louis Ng( Nee Soon GRC).He was among 10 MPs who aired their concerns and offered suggestions during a debate over a raft of proposed amendments to the law involving childcare subsidies, including the Baby Bonus scheme. The proposed changes to the Child Development Co-Savings Act aim to encourage more Singaporeans to ha

SINGAPORE-The goods and services tax( GST) will be extended to low-value goods worth$ 400 or less imported by air or post, and imported business-to-consumer( B2C) non-digital services from Jan 1, 2023. This will level the playing field for local businesses, Second Minister for Finance Indranee Rajah said on Tuesday( Nov 2) during the debate on the GST( Amendment) Bill, which Parliament later passed.Ms Indranee said the extension of GST to those areas also helps to defend Singapore's GST revenue

Just like there were in 2008 and from 2011 to 2014 going by recent memory.... “ Fuel inflation will rise if the government decides to gradually reduce fuel subsidies.... In fact, the timing of the planned fuel subsidy rationalisation is now being challenged by increasing costs and consumer inflation pressures, which have threatened businesses’ margin and households’ purchasing power during the uneven pace of recovery, ” he adds....