SINGAPORE (Feb 24): Singapore is raising the top marginal tax rate to 22 percent from 20 percent, Finance Minister Tharman Shanmugaratnam said in his budget speech on Monday, the first such increase in decades.

Taking effect from 2017, the rate applies to those with a taxable income of ...

Singapore still has low taxes, even when it's charging the rich more

SINGAPORE (Feb 24): Singapore's budget this year focuses more on long-term measures to boost "the supply-side capacity of the economy" and lacks short-term measures to drive consumption, according to Credit Suisse.

"There were no significant cash handouts given out in this Budget," Cred...

Private consumption in Singapore to remain sluggish, says Credit Suisse  

SINGAPORE (Feb 23): Deputy Prime Minister Tharman Shanmugaratnam in his 2015 budget statement announced three measures that will directly impact real estate investment trusts or REITs.

Stamp duty remission on the transfer of a Singapore immovable property to a REIT and on the transfer o...

Stamp duty removal not expected to have big impact on REIT market

SINGAPORE (Feb 23): Singapore has unveiled a budget that contains higher retirement benefits, more infrastructure spending and measures to help local companies be more productive.

All in, government spending is expected to amount to between 19% and 19.5% of GDP over the next five years ...

Singapore unveils budget aimed at companies, older workers

SINGAPORE (Feb 24): This year's Singapore budget will have a limited impact on the local stock market, although potential beneficiaries could include Raffles Medical Group and infrastructure firms Yongnam Holdings and Kori Holdings as the government ramps up infrastructure spending, according to ...

Singapore budget may benefit Raffles Medical, Yongnam, says UOB Kay Hian

Singapore expects $6.7 billion budget deficit for FY2015.

(MORE TO FOLLOW)
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Singapore expects $6.7 billion budget deficit for FY2015

Personal income tax rate for top earners to rise to 22% from 20%.

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Personal income tax rate for top earners to rise to 22% from 20%

Seniors in low income households to get quarterly payouts of $300 to $750.

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Seniors in low income households to get quarterly payouts of $300 to $750

1% extra CPF interest for first $30,000 for members aged 55 and above 

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1% extra CPF interest for first $30,000 for members aged 55 and above 

Government to raise CPF salary ceiling from $5,000 to $6,000.

(MORE TO FOLLOW)
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Government to raise CPF salary ceiling from $5,000 to $6,000

CPF contribution rates for workers aged 50 to 55 to rise 2 percentage points.

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CPF contribution rates for workers aged 50 to 55 to rise 2 percentage points 

Stamp duty concessions for REITs to lapse after March 31.

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Stamp duty concessions for REITs to lapse after March 31

Singapore to defer levy increases for S-Pass and Work Permit holders in every sector.

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Singapore to defer levy increases for S-Pass and Work Permit holders in every sector

Government to co-fund 20% of wage hikes for Singaporeans earning up to $4,000 a month for next two years.

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Government to co-fund 20% of wage hikes for Singaporeans earning up to $4,000 a month for next two years

RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

Asean-Gulf Cooperation Council should find mechanisms to advance trade, investment — Anwar

KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.

Hibiscus Petroleum looking to leverage the economic boom in Tok Bali

RIYADH (April 28): Agrobank president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.

Agrobank’s Tengku Ahmad Badli Shah re-elected as Islamic bank association’s vice-chairman for 2025-2027

KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).

Zafrul: Trade-related and ESG measures must be fair to developing countries

CAIRO ( April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.

Hamas delegation to visit Cairo on Monday for Gaza ceasefire talks, Hamas official says

The 6,272-acre Bandar Sri Sendayan, which is part of the upcoming economic growth area of Malaysia Vision Valley 2.0, is a self-sustaining township in Seremban, Negeri Sembilan where residents will find daily conveniences on their doorstep. It is now offering premium living with Resort Villa, an exclusive RM135.9 million development that consists of just 34 two-storey bungalow villas.

Exclusive luxury offerings at Bandar Sri Sendayan

BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.

China confronts Japanese politicians in disputed East China Sea area

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.

Senior leader under probe for suspected cronyism over supply projects

BANGKOK (April 28): Thai Foreign Minister Parnpree Bahiddha-Nukara has abruptly resigned after losing the role of deputy prime minister in a Cabinet reshuffle, local media reported on Sunday.

Thai foreign minister resigns after losing deputy PM post

RIYADH (April 28): Prime Minister Datuk Seri Anwar Ibrahi held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.

Anwar holds meeting with President of Rwanda

KUCHING (April 28): Sarawak Premier Tan Sri Abang Johari Tun Openg said on Sunday that prospective investors must deposit at least RM2 million or purchase property worth not less than RM1.5 million to obtain permanent residency (PR) in the state.

Abang Johari: Investors must deposit minimum RM2 mil to migrate to Sarawak

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) has requested information from German authorities concerning the alleged acquisition of luxury vehicles in Germany, financed by 1Malaysia Development Bhd (1MDB) funds, according to MACC chief commissioner Tan Sri Azam Baki.

MACC probes alleged luxury car buys in Germany with 1MDB funds

BANGKOK (April 28): Thai Foreign Minister Parnpree Bahiddha-Nukara has abruptly resigned after losing the role of deputy prime minister in a Cabinet reshuffle, local media reported on Sunday.

SEREMBAN (April 28): Tabung Haji (TH) bore over RM350 million in direct and indirect financial assistance costs for this year's haj operations, its haj&nbsp;management general manager Mohamed Heikal Mohamed Yusuff revealed on Sunday. &nbsp;

Tabung Haji bore more than RM350m in assistance cost for this year's haj ops

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.

RIYADH (April 28): Malaysia adopts a balanced foreign policy approach between the West and East and stands clear of any sort of position that is deemed provocative, Prime Minister Datuk Seri Anwar Ibrahim said on Sunday.

Anwar: Malaysia adopts a balanced foreign policy, stands clear of provocations

RIYADH/DUBAI (April 28): Saudi Arabia, the world's top oil exporter, will adjust its Vision 2030 plan to transform its economy as needed, scaling back some projects and accelerating others, its finance minister said on Sunday.

Saudi Arabia's Vision 2030 projects to be adjusted as needed, finmin says

CAIRO (April 28): Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED (US$34.85 billion), he said on Sunday in a post on X.

Dubai ruler approves new US$35 bil airport terminal

KUALA LUMPUR (April 28): Police have verified the arrest of Chegu Bard, also known as Badrul Hisham Shaharin, a member of Parti Pribumi Bersatu Malaysia's Information Committee, on Saturday (April 27), and are launching an investigation into his Facebook post regarding the purported opening of a casino in Forest City.

Police detain Chegu Bard, launch investigation into casino statement

RIYADH (April 28):&nbsp;Prime Minister Datuk Seri Anwar Ibrahi&nbsp;held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.

KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).

RIYADH (April 28): Agrobank&nbsp;president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.

KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.&nbsp;

BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.

The 6,272-acre Bandar Sri Sendayan, which is part of the upcoming economic growth area of Malaysia Vision Valley 2.0, is a self-sustaining township in Seremban, Negeri Sembilan where residents will find daily conveniences on their doorstep. It is now offering premium living with Resort Villa, an exclusive RM135.9 million development that consists of just 34 two-storey bungalow villas.

CAIRO (&nbsp;April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.

RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2015

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Budget 2015

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