Singapore will ensure its tax system is based on “solid” economic performance and the principle that higher income earners pay more, a senior government official said, after the prime minister signaled that the nation needs to prepare for tax increases.“It must be all based on solid economic activity,” Indranee Rajah, senior minister of state for law and finance, said in an interview on Tuesday.
Some years ago, I replaced my 36-inch television – grudgingly. I only had it for a little over 24 months. The Helpline diagnosed it to be a problem with the motherboard, which would cost more to fix than buying a brand new television with better sound, a sharper picture, et cetera et cetera. Recently, my Bluetooth speaker went blip. Same advice – go for the latest model. It seems ridiculous to discard an entire product because one part is broken.
A blockbuster Pacific trade pact thrown into doubt by Donald Trump could be salvaged by suspending parts of the deal in order to get the 11 remaining nations to sign on, according to Malaysian Trade Minister Mustapa Mohamed.Speaking in Vietnam ahead of a meeting of Asia-Pacific leaders, including the US president, Mustapa said there was fresh momentum to save the Trans-Pacific Partnership, a deal that would have spanned 40 percent of the global economy.
Only a few years ago Beyonce and Jay-Z were posing for photos among Myanmar's famed temples, heralding the former junta-run country's rise as one of the hottest new tourist destinations on the map.But that dream is cracking as images of burnt villages and Muslim Rohingya fleeing army-led violence in western Rakhine shock the globe, sparking outrage over a staggering scale of human suffering that has festered along the border.Ever since the bloodshed broke out in late August, tourism
Singaporeans on the verge of retiring are prepared to keep working for longer than those that came before them.Men aged 55 to 59 had far greater expectations to work full-time past 65 and 70 than employees currently are, while women had higher such projections beyond 62, 65, and 70, according to the latest survey by the Singapore Management University’s Centre for Research on the Economics of Ageing, which works with the US-based RAND Corporation.
As China’s burgeoning class of affluent travellers seek out more exotic destinations, Indonesia is cashing in.China is on track to become the biggest tourist market for Indonesia for the first time this year, overtaking Singapore. That’s after a 46 percent surge in visitors from the world’s second-largest economy to 1.4 million in the first eight months of the year.
Singapore’s central bank is widely seen sticking to a neutral stance on Friday, but it may be moving closer to tightening policy as the economy continues to strengthen.All but one of the 23 economists surveyed by Bloomberg predict the Monetary Authority of Singapore, which uses the exchange rate rather than interest rates as its main tool, will keep its policy stance where it is: seeking no appreciation in the currency against a trading basket.Less clear is whether the MAS will signal it’s re
Southeast Asia is a highly sought-after holiday destination for tourists and travellers from all across the world. The region, which is home to more than 630 million people, is geographically situated in the heart of Asia. Due to its tropical climate, the region is typically warm and humid all year round with plentiful rainfall. Southeast Asian countries are also known for its unique and diverse cultures as well as natural wonders like sandy beaches, mountains and wildlife.
"There is no straight path from your seat today to where you are going. Don't try to draw that line. You will not just get it wrong, you'll miss big opportunities. And I mean big-like the Internet," Sheryl Sandberg, the Chief Operating Officer of Facebook, said during the annual Class Day ceremonies at Harvard College in the US."Careers are not ladders, those days are long gone, but jungle gyms.
OXFORD – In recent years, the world has become increasingly preoccupied with the catastrophic potential of global warming and other human-induced environmental changes, and rightly so. But one of the most serious risks has been all but ignored: the threat to human health.To be sure, concerns about what a rise in global temperatures above pre-industrial levels could mean for the planet are entirely justified.
In 2001, entrepreneur Tony Fernandes bought a debt-ridden airline company for only one Malaysian ringgit (0.26 dollar). Sixteen years later, from a staggering debt of 40 million Malaysian ringgit (11 mililon dollars), AirAsia has grown tremendously to reach a market cap of 11.6 billion dollars. From a single route between Langkawi and Kuala Lumpur, the low-cost carrier now flies to more than 165 destinations spanning 25 countries.
Much like how the ancient trade functioned when the Western civilisation of the Roman Empire began to trade with the Chinese Empire in the first century for wool, silver and gold, the maritime silk road in the 21st century is named OBOR (or One Belt, One Road) as it is poised to become a passage way that would contribute to the widespread of trade across the world, while a coherent blueprint is set to interconnect international infrastructures in order to maintain the national interest of the
