Singapore to remain attractive as hub despite tax changes: ST-UOB panel

Another barrier for business in the future will be the increased carbon tax price. - ST

SINGAPORE (The Straits Times/Asia News Network): New tax measures and foreign worker policies announced in the Budget this year should not take away from Singapore's status as a hub, as the country also relies on other factors to remain attractive to multinational enterprises, experts said.

They were discussing the impact of the Budget initiatives during a roundtable organised by UOB and The Straits Times on Monday (Feb 21) that was moderated by ST associate editor Vikram Khanna.