Govt policies only after careful economic outcome study
Non-constituency MP Lina Chiam has called for the removal of the goods and services tax (GST) on some items ("Remove GST on essentials"; Thursday) and MP Inderjit Singh has repeated his call for a minimum wage ("Minimum wage 'will offer comprehensive longer-term solution'"; Thursday). How do we define necessities? (Photo: ST) Our...
DBS’ 2014 net profit rises to record SGD 4.05 billion
Media Statement SINGAPORE, HONG KONG, CHINA, INDIA, INDONESIA, TAIWAN, 10 February 2015 DBS Group’s net profit rose to a record SGD 4.05 billion for full-year 2014, crossing the SGD 4 billion mark for the first time. Excluding one-time items of SGD 198 million, net profit increased 10% to SGD 3.85 billion. Total income grew...
Man linked to 1MDB bought 2 apts in SG for $54m
(29 Apr) - Business magnate Low Taek Jho purchased two upscale apartments in Singapore including a triplex penthouse for S$54 million (RM154 million) to add to his luxury property portfolio, the Business Times (BT) reported. The Singaporean business daily said Low bought the apartments in 2013, based on transactions involving...
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