In the article on Feb 13, “Fiscal headwinds call for hard choices”, the phrase that read “Meanwhile, the Government could consider reducing the turnover threshold for GST eligibility, which, at $1 million, is abnormally low by international standards” should read instead as “Meanwhile, the Government could consider reducing the turnover threshold for GST eligibility, which, at $1 million, is abnormally high by international standards”. We apologise for the error.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you