Morning Call; Export Tax Cut On Palm Oil May Propel The Plantation Sector
Export Tax Cut On Palm Oil May Propel The Plantation Sector
“Malacca Securities said that the lower liners, however, remained downbeat, while the broader market ended mixed with the telecommunications & media sector (+1.3%) leading the winners’ list.”
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Hefty 35% Property Tax in S’pore to Target UHNIs
“The latest tax is meant to close a loophole used by people who have been purchasing multiple homes under trusts where it isn’t clear who the beneficial owner is, thus avoiding additional taxes, according to analysts.”
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AirAsia Apologises For Flight Delays, Falls Short In Offering Compensation
“We have tried our best to ensure minimum impact to all guests and ensure that everyone can arrive at their respective destinations soonest possible and this included the launch of special flights to carry stranded passengers.”
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Stocks and Commodities Slide as US Fed Notes Risk of Higher Prices and Rates
“There is also the consideration that perhaps in a triple recession in the Northern Hemisphere, the softening of demand generally is a bearish factor for all commodities.”
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Global Market Tremors A Time For Caution
“Bottom line: Our investment thesis at Wealthi has been to enter 2022 with caution. We expected rate rises this year and while everyone is focused on a rising trajectory, we’re a bit more cautious and believe that rate rises will be limited with global growth breaking down.”
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