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NEWS UPDATES Asean Affairs   February 28, 2018  











Budget 2018 debate: MPs question if alternatives explored ahead of proposed GST hike

Expanding the scope of GST for e-commerce, reviewing taxes on liquor and gambling and imposing a ceiling on future tax hikes among some of the points raised by Members of Parliament.
The Government’s rationale behind hiking the Goods and Services Tax (GST) to 9 per cent in a few years' time found support among most Members of Parliament (MPs) who spoke on the first day of Budget debates in Parliament.

However, there were calls to review if all avenues have been explored before imposing the tax hike.

In the wide-ranging debate on Tuesday (Feb 27), the MPs who spoke on the issue of the GST hike covered topics like expanding the scope of GST for e-commerce, reviewing gambling and liquor taxes and imposing a cap on future GST hikes.

MP for West Coast GRC Foo Mee Har called this year’s Budget a "bitter-sweet" one. Amid news that the country’s economy grew at a faster-than-expected pace and last year’s Budget had a healthy S$9.6 billion surplus, Finance Minister Heng Swee Keat had also prescribed the "bitter pill of a GST hike" to cater for an expected rise in spending due to an ageing population and infrastructure developments, she explained in her speech.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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