Wednesday, February 1, 2012

Rising business costs dominate roundtable

Business Times: Wed, Feb 01
(SINGAPORE) The issue of rising business costs sparked the most debate at a wide-ranging pre-Budget roundtable yesterday, organised by the Institute of Certified Public Accountants of Singapore (ICPAS).

Voices from the business sector such as Elim Chew, founder of streetwear chain 77th Street, and Singapore Business Federation chief operating officer Victor Tay said companies need help to alleviate cost pressures. Raw materials costs and rentals are rising, while recent hikes in foreign worker levies have inflated many wage bills, Mr Tay said...

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