Frasers Centrepoint Trust (FCT) is unfazed by the upcoming hike in goods and services tax (GST) even as it reiterates its commitment to remain a Singapore-focused REIT.
The Singapore government is widely expected to progressively raise the GST rate in Singapore from the present 7% to 9% in the coming months.
Related: Frasers Centrepoint Trust ready to acquire Northpoint City South Wing, says its CEO
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