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Thursday, February 17, 2011

Singaporeans Hope Government’s Surging Revenues Will Flow Their Way

CNBCSingapore is set to report a record budget surplus of S$6.4 billion ($5.1 billion) on Friday, boosted by surging gambling tax revenues. But when Finance Minister Tharman Shanmugaratnam gets up to make his speech in parliament at 3:30 pm local time, Singaporeans will be hoping he will send some of that surplus their wayGerald Tay, a 33 year-old financial planner who works for a multinational