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Month: September 2023

Posted on 19/09/2023

Unclear whether bumper tax collections can continue amid gloomy economic outlook: Chee Hong Tat

There is some lag time in the way tax revenue tracks economic performance, he said. Read more at straitstimes.com.

Posted on 19/09/2023

Singapore airport to introduce passport-free immigration from 2024

Singapore has announced that it will introduce passport-free immigration at Changi airport in 2024, with the use of digital biometrics for several passenger authentication processes. The measure was a ...

Posted on 19/09/2023

Singapore fines firm, two citizens for exporting sonar system to Myanmar

A SINGAPORE court handed a company and two of its employees heavy fines on Tuesday (Sep 19) for exporting a sonar system to Myanmar in 2018 for use by an arm of its navy. Read more at The Business ...

Posted on 19/09/2023

Singapore Lawmakers Reject Move to Suspend Minister Under Probe

Lawmakers belonging to Singapore’s ruling party rejected a motion brought by the opposition to suspend Transport Minister S. Iswaran as a member of Parliament pending an ongoing corruption probe.

Posted on 19/09/2023

Singapore to launch new training programme to boost semiconductor talent pool: Gan Kim Yong

Efforts will also be made to reskill mid-career workers for new roles or redeployment into other jobs within the sector. Read more at straitstimes.com.

Posted on 19/09/2023

Red Bull’s Singapore struggles unveiled as record winning run ends

The article Red Bull’s Singapore struggles unveiled as record winning run ends appeared first on Planetf1.com.

Posted on 19/09/2023

Beyond Covid setback, demand remains main obstacle to Singapore’s ‘30 by 30’ food goal

SINGAPORE remains far from its goal of producing 30 per cent of local food needs by 2030. This is due both to the impact of Covid-19 and a more fundamental lack of demand, said industry players. Read ...

Posted on 19/09/2023

French pastry chef Cedric Grolet’s Singapore debut gets mixed reviews on Google despite hype, long queues (VIDEO)

The opening of celebrity pastry chef Cedric Grolet’s first patisserie in Singapore last Thursday (September 14) was met with much fanfare, with ...

Posted on 19/09/2023

Tax Incentive Requirements for Family Offices in Singapore

Under Section 13D of the Income Tax Act, an offshore fund managed by a Singapore-based fund manager will be exempt from tax on income if the fund is a ‘prescribed person’. To qualify as a ‘prescribed ...

Posted on 19/09/2023

Singapore shares fall 0.7% as cautious investors await Fed’s next move

The Straits Times Index fell 22.64 points to close at 3,240.75 points on Tuesday. Read more at straitstimes.com.

Posted on 19/09/2023

S$1 billion money laundering case: Singapore MPs filed 32 questions

SINGAPORE — Members of Parliament (MP) in Singapore filed a total of 32 questions on anti-money laundering initiatives in light of the recent money laundering case where 10 foreign nationals were ...

Posted on 19/09/2023

Singapore Semiconductor Industry Association (SSIA) reaffirms commitment to cooperation

Singapore Semiconductor Industry Association (SSIA) reaffirms commitment to cooperating with industry leaders.

Posted on 19/09/2023

Singapore Expects Rental Pressures to Ease in Coming Quarters

Singapore expects rental pressures to further ease in the coming quarters as more residential units are completed, the Ministry of National Development said in a written response to a parliamentary ...

Posted on 19/09/2023

BlackRock’s largest Singapore-based ETF launch targets Asian climate action

BlackRock (NYSE:BLK), the world's largest asset manager, has launched its largest equity exchange-traded fund (ETF) in Singapore to date. The iShares MSCI Asia ex-Japan Climate Action ETF, valued at ...

Posted on 19/09/2023

Hong Kong rental market heats up while Singapore boom cools

Hong Kong rents remain on average about 9 per cent more expensive than Singapore’s, according to Knight Frank data. Read more at straitstimes.com. ( read original story ...)

Posted on 19/09/2023

MAS records highest civil penalties, convictions for financial crimes for 2022/2023

SINGAPORE - The Monetary Authority of Singapore (MAS) imposed the highest amount in civil penalties and recorded the highest number of convictions for financial crimes from Jan 2022 to June this year, ...

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