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Tuesday, November 28, 2017

Singapore GST could rise by 2% in 2018 budget.

https://sg.news.yahoo.com/singapores-gst-rise-2-percentage-points-budget-2018-dbs-092915686.html

This 2% increase in GST is projected by our largest market capitalization company on SGX, DBS.

I guess DBS is making this projection on the premise of PM Lee's speech earlier.

No wonder PM Lee was prepping SG for tax increases in our previous post as he had already made the tax decision.

http://sg-stock.blogspot.sg/2017/11/singapore-government-is-going-to.html

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