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Business news live from singapore. Raising taxes. Its rarely a popular decision but thats what singapore is expected to do when it announces the 2018 budget later today. And cambodia grapples with how to provide enough Affordable Housing to a fast growing population. Its monday, everyone. Good morning, asia. Hello, world. Glad you could enjoy enjoin us for another exciting week on Asia Business report, im rico hizon. In singapore taxes are the focus when the citystate announces its new budget. The government has flagged it will need to increase tax revenues as spending on healthcare and infrastructure is expected to rapidly rise. One possible idea, attacks on e commerce, which would make singapore among the first in asia to do so. Earlier i spoke with amy from ernst and young and i asked her if were likely to see tax increases. Really its what the government has been messa ....
Reporter, why he would become a killer, a criminal. Why things happen that way. I would think that it needs to be the way al jazeera would do issueld go deep into the and look into all the possibilities and the reasons and bring experts to talk about it. That is the way we do it. Host director general of the al jazeera network. Thank you for talking about the network. That will do it for our show today. We will see you right back here tomorrow morning at 7 00 a. M. Eastern. The carnegie to endowment for International Peace for a discussion of the Economic Impact of lifting the sanctions on iran. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] good morning to all of you. I will give you a few seconds to take your seats and we will get started. Lets get started. I want to welcome all ....
Does this put tax reform even further away . Theuncertainty for abe, japanese Prime Minister pummeled in the election. Has this weekend his position ahead of next years vote . Or is this just a protest vote for what is happening in tokyo . We will try to get analysis on this throughout the show. We are less than a half hour away before the open. The start of q3 is the fair value on your bloomberg. London looks like it will underperform. Keep an eye on the commodity stocks today. Looks like it will be a positive start when cash gets going later on. Lets show you what is happening with jim and. This is the picture we had. Performance from the south american markets. Gst comes in fourth, thats a big story. This is one of the key policy agendas. The market is trading higher this might. Peso is it down. There are risks, inflation risks surrounding the gsp story. What about the rest of the policy agenda . We will talk about that in the ....
And calculating the new sales tax the malaysian government hales a fairer way to pay but not earn agrees. The Opposition Leader and former military leader mohamed is set to become the next president of nigeria he feeted incumbent Goodluck Jonathan. In conceding defeat, Goodluck Jonathan became the first nigerian president to peacefully hand overpower to a competitor. Now a report from abuja. Reporter hes a president elect in africas most populous country, but when we spoke to mohammedded bow half i just hours after his victory he appeared come and relaxed. How does it feel to have won the election and how will you tackle nigerias problems . I would like to answer those questions i have formally been given the certificate. Thank you very much. Reporter you know you are the winner house does it feel . How does it ....