Singapore's Record Tax Take, STI All-Time High, and the Haze Returns

Singapore's tax revenue hit a record S$97.3 billion in the 2025/2026 financial year, a 9.4% surge driven by stronger economic activity and consumer spending. The haul, which accounts for 74.8% of government operating revenue, underscores the city-state's fiscal health amid a shifting global landscape.

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The Straits Times Index climbed 1.3% to a record 5,820.69 points before closing at 5,801.96, up 0.94% for the day. The rally was fueled by...