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Wealth taxes in Singapore on inherited property, luxury cars are challenging, costly to enforce

A wealth tax on luxurious goods such as high-end cars and landed property as well as an inheritance duty on multi-million-dollar homes may seem like plausible ways to protect Singapore's meritocracy, but it can be challenging and even costly to implement and enforce such measures.

Electric vehicle adoption: Demand for green car loans up as some banks lure customers with perks

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