LTA should solve Taxi woes first before increasing licensing fees!
Quote: The Land Transport Authority (LTA) has told operators that their operating licence fee will rise from 0.1 per cent of gross revenue to 0.2 per cent this year, and then to 0.3 per cent next year. The untold reason for the increase of the operation license is: To increase funding for monitoring of the taxi to ensured...
Singapore Loses to Hong Kong in Race for Most Competitive
Singapore and Hong Kong have been vying for years to hold the crown of most competitive place to do business. Now a clear winner is emerging: Hong Kong. While Hong Kong is rising on world rankings for competitiveness, Singapore is sliding. The latest results from IMD, a Swiss business school, put Hong Kong at the top of the...
Singapore’s Non-Oil Exports Plunge Most in Three Years in March
Singapore’s exports plunged the most in more than three years in March, providing more evidence of a weakening economy. Non-oil domestic exports dropped 15.6 percent in March from a year earlier, worse than the median estimate of a 12.3 percent decline in a Bloomberg survey of 15 economists, and compared with a revised 2 percent...
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