THE fiscal balance for FY2019 is projected to register a deficit of S$2.5 billion, down from an expected surplus of S$3.3 billion in the previous financial year, according to the final report in a three-part series by DBS. Read more at The Business Times.
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Former accountant admits siphoning more than $2 million from employersSINGAPORE - An accountant who worked for two companies dealing with steel products abused his position for 6 1/2 years, siphoning more than $2 million from the firms.. Read more at straitstimes.com.
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No free mediation for divorcing couples worth $2 millionWealthier divorcing couples fighting over money are being directed to private mediation services, as the Family Justice Courts (FJC) look to concentrate their free mediation resources on less well-off couples and those in disputes involving children.. Read more at straitstimes.com.
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Govt could shoulder more risk for SME loans in Budget 2019: DBS economistIN the upcoming Singapore Budget 2019, more help could be given to small and medium-sized enterprises (SMEs) to access policy assistance schemes and to support those firms venturing into the Asean region, a report from DBS suggests. Read more at The Business Times.
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In Budget 2019, government could take bigger share of risk to support SMEs: DBS economistIN the upcoming Singapore Budget 2019, more help could be given to small and medium-sized enterprises (SMEs) to access policy assistance schemes as well as to support firms venturing into the Asean region, according to the second report from a three-part series from DBS. Read more at The Business Times.
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Upcoming budget to stay the course on restructuring: DBSSINGAPORE (Jan 29): The Singapore government is expected to double down on its efforts to provide greater support for companies in developing their capabilities and in their internationalisation efforts.These include helping companies venture abroad, particularly to Asean, tweaking its policy to target
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Daily Debrief: What Happened TodayBudget 2019 expected to support vulnerable PMETs: DBS economist, completed condo prices inch up 0.1% in December, first increase since August at
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More 'forceful' help expected for vulnerable PMETs: DBS economistMORE 'forceful policy measures' are expected to tackle the rising vulnerability of professionals, managers, executives and technicians (PMETs) in the upcoming Singapore Budget 2019, according to a report by DBS. This comes as PMETs have become an 'exceptionally vulnerable' segment of the labour force amid slowing growth momentum, observed DBS senior economist and author of the report Irvin Seah. Read more at The Business Times.
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Broker's take: DBS keeps 'buy' on ComfortDelGro amid optimism about new ride-hailing rulesDBS analyst Andy Sim is keeping his 'buy' call and S$2.56 target price on taxi company ComfortDelGro after Singapore's Land Transport Authority announced a proposal to license ride-hailing app services. Read more at The Business Times.
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Chinese film, TV stars paid $2.3 billion in additional taxesLOS ANGELES: Chinese film and TV stars have paid US$1.7 billion (S$2.3b) of additional taxes, following the mid-2018 scandal surrounding actress Fan Bingbing. The figure was announced on Tuesday by China's State Tax Administration. Chinese authorities...
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