The Government is focused on developing a sport ecosystem that supports athletes to get to peak performance, he added. Read more at straitstimes.com.
Family offices under tax incentive schemes have hired 1,400 S’poreans and PRs
Single family offices (SFOs) that have applied for and received tax incentives under the Section 13O and 13U schemes employed about 1,400 Singaporeans and permanent residents (PRs) as at June 2022.
Exeo Global opens new HQ in Singapore, plans expansion in South-east Asia
A unit of the Japanese Exeo Group officially opened its new global headquarters here on Thursday. Read more at straitstimes.com.
Balancing Security, Trade, and Technology in Asia
America's absence in "mega-regional" trade pacts in Asia is undermining its leadership in the region, while China benefits economically and strategically from its participation in the RCEP.
Singapore stocks extend losses as geopolitics, growth worries weigh; STI down 1.1%
Geopolitical concerns and souring expectations over interest rates helped send local shares south on Thursday. Read more at straitstimes.com.
Human error in coding caused 6.5 hours disruption of DBS banking services in May, said SM Tharman
DBS Bank's 6.5-hour disruption to digital banking and ATM services on 5 May was caused by human error in coding the maintenance program, according to Senior Minister Tharman Shanmugaratnam. The ...
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions. DBS Bank has named "human error" in coding as the cause of tech disruptions in May. This error resulted in a notable ...
Single family offices that receive tax incentives in Singapore employ 1,400 locals, two-thirds paid more than S$5,000 monthly
SINGLE family offices (SFO) that have applied for and have been awarded tax incentives in Singapore employ about 1,400 Singaporeans and permanent residents (PR), about two-thirds of whom are paid more ...
After Being Named In Hindenburg Report, Singapore To Change Tax Laws That Attracted Super Rich
The Monetary Authority of Singapore (MAS) will change the tax incentives it gives to single family offices in an effort to boost the hiring of locals and investment in the country’s equity markets.
Gasoil from Tunisia arrives in Singapore for 2nd time in one month
even though total middle distillates stockpiles in key trading hub Singapore fell by 3.7% week-on-week as higher net exports of jet fuel/kerosene superseded lower net exports for gasoil. Inventories ...
Singapore: Outlook for Retail Sales remains positive – UOB
Senior Economist at UOB Group Alvin Liew reviews the recently published retail sales readings in Singapore.
Ticket scalpers in Singapore
Tickets for popular artists are in high demand and are hard to obtain – that’s to be expected. But scalpers, don’t think you can swoop in right after we come out of a ticketing scuffle, all battled, ...
Singapore Regional Business Forum 2023 to get underway in Hanoi
The Singapore Regional Business Forum 2023 (SRBF) is set to take place on July 7 in Hanoi and will feature the participation of over 500 top business leaders, senior government officials, policy ...
Satellite Technology and Cellular Smartphone Convergence Propel 5G NTN-Mobile Market to US$18 Billion in Service Revenues by 2031
The growing convergence of satellite technology and cellular smartphones has been made possible by the integration of Non-Terrestrial Networks (NTN) connectivity into the 5G cellular ecosystem, as ...
Two South-east Asian military generals receive prestigious Singapore military awards
Thailand's General Chalermphon Srisawasdi and Indonesia's General Dudung Abdurachman were awarded. Read more at straitstimes.com.
IPO activity strong in Southeast Asia, Singapore sees slowdown: Deloitte
Investors are increasingly paying attention to the Southeast Asian region. With growth potential and a positive outlook, there continues to be an influx of foreign direct investment into the region.