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business news live from singapore. raising taxes. it s rarely a popular decision but that s 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. it s monday, everyone. good morning, asia. hello, world. glad you could enjoy enjoin us for another exciting week on asia business report, i m 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 we re likely to see tax increases. really it s what the government has been messaging up to today. there s increased need for our social spending with an increasing and fast ageing
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