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GST was implemented at a single rate of 3% on 1 April 1994, with an assurance that it would not be raised for at least five years. To cushion the impact of GST on Singaporean households, an offset package was also introduced. Simultaneously, corporate tax rate was cut by 3% to 27%, and the top marginal personal income tax rate was cut by 3% to 30%.
By June – The Urban Redevelopment Authority will unveil the Draft Master Plan 2025, which will detail development plans for the next 10 to 15 years. [35] 11 July–3 August – 2025 World Aquatics Championships will be held. [38] [39] 3–5 October – Singapore Grand Prix (Formula One) will be held. [40]
The English name of "Singapore" is an anglicisation of the native Malay name for the country, Singapura (pronounced), which was in turn derived from the Sanskrit word for 'lion city' (Sanskrit: सिंहपुर; romanised: Siṃhapura; Brahmi: 𑀲𑀺𑀁𑀳𑀧𑀼𑀭; literally "lion city"; siṃha means 'lion', pura means 'city' or 'fortress'). [9]
The 2025 Met Gala dress code has been revealed with just three months to go before fashion’s biggest night of the year.. The star-studded event brings together Hollywood's elite, music icons ...
The English name Singapore comes from the Malay name Singapura which is believed to have been derived from Sanskrit meaning "Lion City". [2] [3] Singa comes from the Sanskrit word siṃha (सिंह), which means "lion", and pūra means "city" in Sanskrit and is a common suffix in many Indian place names. [4]
UOB economist Barnabas Gan expects Singapore GST will rise to 9% from as early as 1 July, adding revenue of S$1.8 billion for 2022.
Private car licence plate numbers began in the early 1900s when Singapore was one of the four Straits Settlements, with a single prefix S for denoting Singapore, then adding a suffix letter S 'B' to S 'Y' for cars, but skipping a few like S 'A' (reserved for motorcycles), S 'H' (reserved for taxis), S 'D' (reserved for municipal vehicles), and S 'G' for goods vehicles large and small.
When SAFTI (Singapore Armed Forces Training Institute) was reorganised in 1995, it acquired the name SAFTI Military Institute, further abbreviated as SAFTI MI, which when fully expanded would form a rather awkward title Singapore Armed Forces Training Institute Military Institute.