{"id":80405,"date":"2018-02-20T05:54:00","date_gmt":"2018-02-19T22:54:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-budget-was-geared-to-progressive-outcomes\/"},"modified":"2018-02-20T11:04:32","modified_gmt":"2018-02-20T04:04:32","slug":"singapores-budget-was-geared-to-progressive-outcomes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-budget-was-geared-to-progressive-outcomes\/","title":{"rendered":"Singapore's budget was geared to progressive outcomes"},"content":{"rendered":"


\nSingapore aims for more progressive spending plans, but a higher goods and services tax could be seen as regressive, says Vishnu Varathan of Mizuho Bank.
\n
\nSource : cnbc.com
\nRead more…Singapore’s budget was geared to progressive outcomes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore aims for more progressive spending plans, but a higher goods and services tax could...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-80405","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kUR","jetpack-related-posts":[{"id":54789,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-net-attributable-profit-up-4-in-q1\/","url_meta":{"origin":80405,"position":0},"title":"UOL net attributable profit up 4% in Q1","date":"May 15, 2017","format":false,"excerpt":"\r UOL Group\u2019s revenue increased six percent on the back of higher progressive recognition of revenues from ongoing residential projects Principal Garden and Botanique at Bartley (pictured) (Image: UOL Group Limited). UOL Group Limited saw its net profit increase by four percent to S$80.3 million in Q1 2017, mainly due\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-property-transactions-to-gradually-improve-this-year-edmund-tie\/","url_meta":{"origin":80405,"position":1},"title":"Residential property transactions to gradually improve this year, Edmund Tie","date":"September 8, 2020","format":false,"excerpt":"\r This comes as the progressive reopening of Singapore\u2019s economy from early June saw an uptick in residential transaction volumes. The healthy take-up of recent projects since the reopening of Singapore\u2019s economy should provide developers with some degree of optimism.\u00a0 \u201cWith an estimated 20 projects expected to be launched over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/09\/non-landed-ppi-y-o-y-q2-2020-edmund-tie.png?fit=650%2C468&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":114245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-national-budget-to-include-strong-economic-package-says-wong\/","url_meta":{"origin":80405,"position":2},"title":"Singapore\u2019s national Budget to include \u2018strong\u2019 economic package, says Wong","date":"February 13, 2020","format":false,"excerpt":"\r With the impact of the Coronavirus Disease 2019 outbreak on Singapore\u2019s trade-reliant economy expected to be worse compared to the SARS pandemic in 2003, the city-state\u2019s national Budget, which is set to be unveiled next week, will include a \u201cstrong\u201d economic package to mitigate the economic fallout.` \u201cI think\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-economy-to-fall-by-0-5-this-year-dbs\/","url_meta":{"origin":80405,"position":3},"title":"Singapore\u2019s economy to fall by 0.5% this year \u2013 DBS","date":"March 20, 2020","format":false,"excerpt":"\r Total retrenchments are also expected to hit 24,500 this year.\u00a0 DBS Bank expects a 0.5% drop in Singapore\u2019s economy this year, instead of the 0.9% growth forecasted last month, reported The New Paper. DBS Bank Economist Irvin Seah explained that the downgraded forecast might come with further downside risks,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-posts-slowest-economy-expansion-since-2009\/","url_meta":{"origin":80405,"position":4},"title":"Singapore posts slowest economy expansion since 2009","date":"January 3, 2020","format":false,"excerpt":"\r Singapore economy expanded by 0.7% in 2019, which is significantly lower than the 3.1% growth recorded in 2018.\u00a0 Singapore\u2019s economy experienced the slowest growth in a decade last year, growing by a marginal 0.7%. This pales in comparison to the 3.1% growth recorded in 2018, reported Channel News Asia,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-stingy-nanny-abates-and-outshines-hong-kong-with-rental-relief-to-ease-retail-pain-during-coronavirus-pandemic\/","url_meta":{"origin":80405,"position":5},"title":"Singapore\u2019s \u2018stingy nanny\u2019 abates and outshines Hong Kong with rental relief to ease retail pain during coronavirus pandemic","date":"April 18, 2020","format":false,"excerpt":"\r Singapore was called a \u201cstingy nanny\u201d city state a decade ago, for a low welfare budget relative to its wealth as the world\u2019s third-richest country. 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