Leading through uncertainty Singapore Budget Commentary 2013 Foreword Greetings from your tax team at Deloitte. The Minister for Finance presented the 2013 Budget Statement on 25 February 2013 and we are pleased to provide our commentary on the tax and certain other changes proposed therein. Overall‚ Budget 2013 offers various tax measures and sets out the strategies to achieve quality growth and build an inclusive society for Singapore. The tax measures are further explored in our commentary
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Mamee bihun‚ express noodles and mi goring are only available in Malaysia as it suits the Malaysian taste‚ while these products are not made for the overseas market. The company had produced Mamee oriental noodles for outside market. PESTLE ANALYSIS Social Mamee mainly focus in producing snacks‚ but it had expand its product in producing beverages such as soft drinks‚ this type of products mostly demanded by consumers is mostly influenced by their beliefs and attitudes which‚ in turn‚ are
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middle income group. By doing so‚ it increases the chances for social mobility and it prevents stagnation of income. According to Key Household Income Trends 2012 report by Singapore Department of Statistic which stated that there was an increment of 7.5% in median monthly income from S$7‚040 in 2011 to S$7‚570 in 2012 (Singapore visa consultancy AsiaBiz Services‚ 2013). Similarly‚ President of United States also increased the minimum wage to $9 from $7.25 an hour to help the lower and middle class
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Slimming is increasingly seen as one of the panaceas for Singapore’s societal ills‚ many young women feel that being slimmer can change the way they feel about themselves. The obesity rate among young Chinese women in Singapore is only 4.2 percent. However‚ Singapore is ranked fifth in per capita consumption of diet pills in the world. Even the women who are not obese are taking diet pills to be slimmer. This has led to a whole host of products claiming to reduce weight with little effort
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SINGAPORE SPORTS HUB Understanding the industry environment Singapore Sports Hub 35-hectare‚ S$1.87 billion project 55‚000 capacity with a retractable roof and movable tiered seating 6‚000 – capacity OCBC Aquatic Centre 3‚000 – capacity OCBC arena Water Sports Centre featuring dragon boating‚ kayaking and canoeing 41‚000 sqm retail mall The iconic Singapore Indoor stadium Singapore Sports Museum Sports Hub Library Daily community facilities and activities
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| Singapore Taxation Assignment 2 | Research Paper | | Contents Introduction 2 Income Tax 2 Double Tax Agreement 3 Economic Expansion Incentives 3 Conclusion 8 Introduction Singapore is a small country with only 660 square kilometer and around 5 million people. The main resources in Singapore are intellectual ones and skilled manpower with assistance in continuously improving infrastructure. Therefore‚ Singapore will depend heavily on foreign capital inflows and local
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The Fall of Singapore 1 INTRODUCTION Singapore‚ the impregnable fortress‚ the “Gibraltar of the East”. It stood this way since long ago‚ with Australians using it since 1920. It was the British symbol of Eastern power and on February 15th‚ it fell control the control of the Japanese empire. In a fresh new battle front‚ a war had begun. A war of the pacific that was only ten weeks old. Britain’s foothold into the Pacific had been taken‚ and it took only seven days. Painfully undefended‚ it stood no
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previously closed sectors and countries. The economies of countries are becoming increasingly integrated with one another. Indeed‚ living in today’s globalised era‚ no country has been untouched by the expanding and influential force of globalization. Singapore is no exception‚ as evidenced by her miraculous evolution from a mere fishing village in the past to the cosmopolitan and vibrant metropolis today-------all thanks to globalization. Without the global market‚ it is difficult to imagine how Singapore’s
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According to the Singapore Tourism Board‚ Singapore posted an estimated S$13.8 billion in tourism receipts from January to December 2007‚ representing an 11.3% increase over January to December 2006. This had exceeded the target of S$13.6 billion for 2007‚ and set a new record for tourism receipts. · In 2007‚ Singapore welcomed 10.3 million visitors‚ registering a growth of 5.4% over 2006 (9.7 million visitors). This is the highest annual visitor arrivals recorded for the Singapore tourism sector
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Segmentation of market Using demographic and behavioral segmentation Singapore flyer can segment its market. Using demographic segmentation‚ we have targeted the age group and the income group factor. Firstly‚ for the age group‚ Singapore flyer should segment the market into four different age groups. They are the children‚ youths‚ adults and elderly. We have chosen to target the youths and adults (age 13 to 45)‚ mainly because they are the ones who are willing to spend their money for entertainment
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