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Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor[SINGAPORE] The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the financial year of 2024/25. The 10.7 per cent increase came on the back of strong economic growth and consumer spending.Corporate tax takings rose 6.7 per cent to S$30.9 billion and remained the largest contributor.Goods and services tax was the second-largest contributor at S$20 billion, or 22.6 per cent of the total, up from S$16.6 billion in the year-ago period. The jump was driven by a rise in consumer spending and the change…
LONDON :OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the second half of this year.The upbeat OPEC outlook, in a monthly report, follows the decision of the wider OPEC+ producer group on Sunday to further raise its oil output quotas from October as its leader Saudi Arabia pushes to regain market share. “Global economic growth in the first half of 2025 remained robust, and the sound growth trend has extended into the second half of 2025,”…
MEXICO CITY — Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%, as the country tries to shore up domestic production and pass on some of the Trump administration’s tariff pain.President Claudia Sheinbaum said the tariffs revealed a day earlier in her administration’s budget proposal are intended to counter the effects of U.S. tariffs on some products from Mexico, particularly in the automotive sector, which accounts for 23% of Mexico’s manufacturing.Among the products that will face the import taxes are light vehicles, auto parts, textiles, shoes, plastics, electronics, toys…
SHANGHAI, Sept. 11, 2025 /PRNewswire/ — YolTech Therapeutics, a clinical-stage biotech company pioneering in vivo genome editing therapies, today announced the closing of its approximately $45 million Series B financing led by the AstraZeneca-CICC healthcare investment fund. The proceeds will support the advancement of YolTech’s clinical programs and global strategic execution. Dr. Yuxuan Wu, Founder and CEO of YolTech, “This financing marks an important milestone as we continue advancing our pipeline toward transformative therapies. We are committed to turning cutting-edge gene-editing science into real-world treatments for patients worldwide.” About YolTech TherapeuticsFounded in 2021, YolTech Therapeutics is advancing next-generation in vivo…
P&O Ferries has hired a former DFDS executive as successor to Peter Hebblethwaite, the man whose controversial fire-and-rehire policy earned him the nickname “Britain’s most hated boss”.Sky News has learnt that Kasper Moos, a Dane, will become the chief executive of P&O Ferries later this month. Mr Moos, who has also held senior roles at AP Moller Maersk, the conglomerate, said in a memo circulated to P&O Ferries employees on Thursday: “This is a globally recognised brand in the ferry industry, one that today provides vital passenger and freight connections between the UK and continental Europe, and within the UK.Money…
For years, black has been more than just another color in Apple’s lineup. It has been the shorthand for “Pro.” When you picture a MacBook Pro on a desk, chances are it’s the Space Black model. The iPad Pro? The iMac Pro? Same story. Even Apple’s accessories, from the Magic Keyboard to the Magic Trackpad, are available in a deep black option. But this fall, something odd happened. The new iPhone 17 Pro and iPhone 17 Pro Max don’t come in black. Not Jet Black, not Midnight, not Space Black. Apple has effectively retired the most “Pro” color from its…
Sam Altman recently found himself skeptical online, wondering if social media is so filled with bots that one can’t be certain the people who post are even human. The thought came to him as he was scrolling through the subreddit r/ClaudeCode, one that was at one point dedicated to Anthropic’s Claude Code but is now filled with threads from others that they’ve switched over to OpenAI’s Codex. There were so many announcements that they’d done so that some people joked, saying, “Can you switch over to Codex without posting the move here?” Altman admitted that he just couldn’t imagine that…
Marks & Spencer’s chief digital and technology officer is stepping down from her role, months after a cyberattack crippled its online operations, the British retailer said on Thursday.A spokesperson for M&S said Rachel Higham, who joined the group last June, was taking a career break.”Rachel has decided to take a break and is stepping back from her role, having been a valued part of the leadership team,” the spokesperson said.”She has been a steady hand and calm head at an extraordinary time for the business and we wish her well for the future.” News of her departure was first reported…
US Vice President JD Vance will visit Utah on Thursday to meet the family of Charlie Kirk, a source familiar with the plans said, after the right-wing influencer was murdered while speaking at a university in the state. Vance was originally meant to travel to New York to mark the 24th anniversary of the September 11, 2001 terror attacks with his wife Usha Vance. The pair will “visit Salt Lake City, Utah today to pay respects to the family of Charlie Kirk,” the source said.
Image Source: Bing Image. License: All Creative Commons If you ever caught yourself saying “yes” when you really wanted to say “no,” or going out of your way to maintain harmony at your own cost, you’re not alone. People-pleasing is a deeply embedded tendency for many of us, commonly disguised as helpfulness or kindness. But unnoticed by others, it can subtly undermine your well-being, relationships, and sense of self. Image Source: Bing Image. License: All Creative Commons People-pleasing is more than niceness. It’s a habit of always prioritizing other people’s needs over your own, usually at the expense of your…
