SINGAPORE: Tax changes in Singapore’s budget are positive for certain retail stocks and firms that are reducing their carbon emissions, but some multinational companies, property developers and luxury vehicle stocks emerge as losers.
Finance Minister Lawrence Wong unveiled a budget last Friday that seeks to rebuild Singapore’s finances and chart a post-pandemic future by raising taxes on the wealthy and on consumption.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!