SINGAPORE – A framework meant to help carbon tax-liable firms cope with the higher tax rate that kicked in from 2024 is still in the works. Read more at straitstimes.com.
‘Singapore Solution’ tax scam: Swiss executive spared jail time
Daniel Walchli, 56, pleaded guilty last year to a single count of conspiracy to defraud the US for his role in setting up a structure for American clients of Privatbank IHAG to evade scrutiny by tax ...
Singapore’s Feb exports down 0.1% y/y, below forecast
SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...
Singapore shares dip at Wednesday’s open—STI dropped by 0.7%
SINGAPORE: Singapore shares dipped at Wednesday’s open, mirroring overnight declines on Wall Street. The decline... The post Singapore shares dip at Wednesday’s open—STI dropped by 0.7% appeared first ...
‘Preferential’ rates for local firms to defray sustainability-related costs under new DBS, Enterprise Singapore scheme
Singaporean businesses with annual sales turnover of up to $1 billion can look forward to “preferential” financing rates from DBS to defray costs from developing and adopting sustainable business ...
Singapore’s economic losses due to heat stress could nearly double to over $1.5 billion in 2035
Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.
Pope Francis expected to visit Singapore in September
SINGAPORE: Singapore is in talks with the Vatican about a proposed visit by Pope Francis, which is expected to happen in September.
Singapore Urges Women to Pursue Tech Careers to Narrow Pay Gap
Singapore is encouraging more women to pursue jobs in science, technology and engineering to help bridge the gender pay gap.
Ex-property agent gets death for trafficking cannabis; judge rejects defence that drug was for research
Seet Poh Jing argued that the cannabis in his possession was for research, as he was considering business ventures, including a cafe selling cannabis, in Singapore. ( read original story ...)
Property analysts expect S$1m HDB resale transactions soon in last 4 towns yet to record such sales
Only four towns out of Singapore's 24 Housing and Development Board (HDB) towns and three estates have yet to record a resale transaction crossing S$1 million, but this could change soon, property ... ( read original story ...)
Singapore launches platform to tackle money laundering
The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism ...
Swiss banker gets no prison in ‘Singapore Solution’ tax scam
He took part in a scheme to help wealthy US clients hide more than US$60 million in assets. Read more at straitstimes.com.
Public companies are Isetan (Singapore) Limited’s (SGX:I15) biggest owners and were rewarded after market cap rose by S$172m last week
Key Insights The considerable ownership by public companies in Isetan (Singapore) indicates that they collectively ...
Singapore shares fall at Wednesday’s open; STI down 0.7%
SINGAPORE stocks opened weaker on Wednesday (Apr 3) following overnight losses on Wall Street, as Tesla and healthcare stocks weighed on ...
Singapore jails man for trying to pay off dancing-girl debts by forging mum’s signature, selling her Rolls-Royce
Liu Kuei Liang, 33, accumulated debts at ‘diao hua’ clubs, where punters tip female dancers by buying them sashes and garlands of flowers, court records showed.
Why Bank Deposits’ Base Interest Of 0.05% In Singapore No Longer Makes Sense (But May Still Be Useful For Singaporeans)
Banks offer a low base interest rate on basic savings accounts due to the simple nature of providing a basic banking account service.