Silver is poised to take centre stage in 2025 due to surging industrial demand from sectors like construction and green energy, combined with supply deficits and economic uncertainties. This may lead to significant price corrections revealing silver’s inherent value, making it an attractive investment opportunity.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would