Singapore's SME sector is set to grow in 2024, fueled by increasing foreign direct investments and technology transfers. Industry leaders at the DBS Market Outlook Series forum highlighted the Lion City’s potential for growth and expansion in this evolving economic landscape.
Singapore's Real Estate Investment Trusts (S-REITs) are poised for a solid year due to positive economic conditions and anticipated interest rate cuts by the Federal Reserve. This offers a much-needed respite after a tough 2023.
Starting in the first half of 2024, the Ministry of Communications and Information will introduce the Shared Responsibility Framework, mandating banks and telecommunications companies to actively safeguard customers against phishing scams.
The impressive consumption of the CDC vouchers in 2023, with 97% of the vouchers rolled out having been spent, indicates the program's relevance in addressing immediate household needs and supporting the local economy.
As Singapore gears up for the increase in the Goods and Services Tax (GST) to 9% in 2024, many Singaporeans are wondering about its potential implications for their finances, such as how this might affect personal loan interest rates.
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