By July 1990 the employersa#39; contribution rate had risen to 16.5% and that of the employees to 23%. Also, the foreign worker levy, imposed since 1981, was raised in 1990 in two stages, from S$250 to S$280 in February, and again to S $300 in August. A two- tier levy ... In 1994 inflation was expected to reach between 4% and 5% owing to the introduction in April of a 3% goods and service tax. ... Composition and Direction of Trade In 1991 exports expanded by 7.0% to S$101, 880m.
Title | : | The Far East and Australasia 1995 |
Author | : | 1995 26th |
Publisher | : | Europa Publicat - 1994 |
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