Singapore registered fintech startup AND Global today announces the upcoming initial public offering (IPO) of its Mongolian subsidiary LendMN, a smartphone-based instant lending service provider. The IPO will launch on February 20, 2018 on the Mongolian ... ( read original story ...)
ASEAN Small And Medium Enterprises To Invest More In Technology To Boost Business Performance
Small and medium enterprises (SMEs) in Singapore and the ASEAN region see the need to invest more in technology in order to succeed under increasingly challenging conditions. These are the findings of the ASEAN SME Transformation Study by United Overseas ... ( read original story ...)
Singapore Budget 2018: Organisations and businesses react to the Budget speech
SINGAPORE - Finance Minister Heng Swee Keat presented this year's Budget in Parliament on Monday (Feb 19), where he unveiled Singapore's plans in the face of three major shifts in the coming decade. These include a greater shift in global economic weight ... ( read original story ...)
Three Announcements in the Singapore Budget That Will Affect Investors
Finance minister Heng Swee Kiat said the increase is to let the government have enough to meet the future needs, without burdening future generations. The GST hike will put inflationary pressure on Singapore. Depending on the price sensitivity of the ... ( read original story ...)
Singapore to impose tax on digital services from 2020
Following Budget 2018, Singapore finance minister Heng Swee Keat has revealed that goods and services tax (GST) will be implemented for digital services from overseas suppliers from 1 January 2020. "We do not expect either to occur every year; it is not a ... ( read original story ...)
Daily Briefing: Singapore’s home tax hike is not a market cooling measure, says minister; Oracle boots second Singapore hub
And here are two REITs with exciting results this quarter. From Bloomberg Finance: Singapore’s tax increase on home purchases exceeding $1m (US$758,960) is aimed at making duties more equitable rather than imposing an additional property curb ... ( read original story ...)
Singapore Budget 2018: Lowering infrastructure financing costs
This will help lower financing costs while ensuring Singapore does not draw directly on its reserves to fund major spending, Finance Minister Heng Swee Keat said. Statutory boards and government-owned companies are already using bonds to finance ... ( read original story ...)
Singapore Budget 2018: The Singapore-Listed Companies That Could Benefit (Or Be Harmed)
On Monday, Singapore’s Finance Minister, Heng Swee Keat, delivered his much-awaited Budget statement. This year’s Budget was designed to be a “strategic and integrated plan to position Singapore for the future.” Within the plan are areas that could ... ( read original story ...)
Reduced tax exemptions to have minimal impact on Singapore start ups
SINGAPORE: Despite the announcement of lower tax exemptions in Budget 2018, start-up founders here are not worried, with some noting that the adjustment will likely have “minimal” impact. This is because the tax change, which is due to take effect in ... ( read original story ...)
Singapore promises not to cane suspected bank robber if UK sends him back to face trial
Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city state if Britain extradites him to face charges, officials said on Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$ ... ( read original story ...)
What smart-nation Singapore can learn from other smart cities
For the country’s youthful population, smart technology is native — they are practically born with a mobile phone in their hand. But what about Singapore and its aging population? Can an elderly population engage in the same way with smart technologies ... ( read original story ...)
Singapore vs Hong Kong: artists rate them on freedom, cost of studios and how easy it is to get their work shown
It was the dawn of a new millennium. The whole world was having a nervous breakdown about the Y2K bug, and Hong Kong and Singapore were bitten by the art bug. The two former British trading ports turned regional economic powerhouses woke up to the fact ... ( read original story ...)
Computer shops embrace lucrative business: outfitting cryptocurrency miners
Singapore sees visitors from neighboring countries with cheaper ... vice president of Samsung’s foundry business, said during a conference call. Taiwan’s Advanced Semiconductor Engineering predicted an upswing in demand this year for chips used for ... ( read original story ...)
Southeast Asia faces speed bumps to export-driven growth
SINGAPORE -- Southeast Asia's strong exports and consumption, which helped sustain rapid growth throughout the region in 2017, are in a delicate spot as demand for electronic parts falls and interest rate hikes threaten to cool spending. Last year ... ( read original story ...)
Singapore’s Government Blockchain Experiment Is A Road to Regulatory Understanding
This approach by South Africa is different to Singapore, but there is clearly a correlation in attitude between the two companies as both Mohanty, and now Gamaroff has confirmed the regulators are open and positive towards Blockchain technology ... ( read original story ...)
Singapore medical team audits MGMGH on safe obstetrics
TRICHY: A five-member team of doctors from Singapore International Foundation (SIF), SingHealth and KK Women's and Children's Hospital in Singapore carried out an annual audit at the obstetrics and gynaecology department of Mahatma Gandhi memorial ... ( read original story ...)