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Singapore budget surplus: poor ‘fiscal marksmanship’ or prudent forecast?
BusinessSCMP28d ago

Singapore budget surplus: poor ‘fiscal marksmanship’ or prudent forecast?

Singapore’s unexpectedly large budget surplus arises from tough decisions to raise taxes earlier and means that the country is now in a position of strength, Prime Minister Lawrence Wong has said, after MPs questioned the accuracy of his government’s budget forecasts. Earlier this month, Wong revealed in his budget statement that Singapore expected a surplus of S$15.1 billion (US$12 billion), or 1.9 per cent of gross domestic product, for the 2025 financial year ending March, more than double...

Singapore PM Lawrence Wong Arrives in Hong Kong After Boao Forum Trip
PoliticsSCMPstraits-timeschannel-news-asia2d ago3 sources

Singapore PM Lawrence Wong Arrives in Hong Kong After Boao Forum Trip

Singaporean Prime Minister Lawrence Wong has arrived in Hong Kong for a three-day visit, meeting with city leaders and businesspeople, and examining key sites in the Northern Metropolis megaproject, following his keynote address at the Boao Forum for Asia's annual conference in China.

Lee set to depart for Singapore on two-nation Southeast Asia swing
PoliticsKorea Herald25d ago

Lee set to depart for Singapore on two-nation Southeast Asia swing

President Lee Jae Myung was set to depart for Singapore on Sunday for a two-nation swing that also includes a visit to the Philippines to discuss ways to expand cooperation with the Southeast Asian nations. Lee will make a three-day state visit to Singapore for summit talks with Prime Minister Lawrence Wong on Monday, their second summit in three months after they last met during Wong's visit to South Korea for the Asia-Pacific Economic Cooperation (APEC) summit, where they upgraded bilateral ti