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Month: September 2024

Posted on 26/09/2024

Over 4,700 companies prosecuted in 2023 for failing to file their tax returns or doing so late: Iras

SINGAPORE – Over 4,700 companies were prosecuted in 2023 for failing to file their tax returns or doing so late, said the Inland Revenue Authority of Singapore (Iras) on Sept 26. The total penalties ...

Posted on 26/09/2024

Singapore stocks continue to falter, buck regional trend; STI down 0.03%

“A continued tight policy by the Monetary Authority of Singapore should keep the Singapore dollar supported, raising market appeal.” THE BUSINESS TIMES Join ST's Telegram channel and get the latest ...

Posted on 26/09/2024

Singapore court grants 4-month moratorium to WazirX after $230 mn hack

WazirX, whose parent company, Zettai, is based in Singapore, applied for restructuring at a Singapore court on August 23 ...

Posted on 26/09/2024

Samsung Launches “Reimagine Everyday Moments” Accessories Collection for Singapore, in collaboration with Gen Z illustrators

SINGAPORE – Media OutReach Newswire – 26 September 2024 - Samsung Singapore is bringing a uniquely Singaporean flavour to Galaxy Z Flip6 and Galaxy Z Fold6 users with the new ...

Posted on 26/09/2024

Singapore stocks continue to falter, bucks regional trend; STI down 0.03%

The KLCI closed down 0.1 per cent. The US Federal Reserve’s rate cut should support Singapore market earnings for the second half of 2024, said Thilan Wickramasinghe, head of research at Maybank ...

Posted on 26/09/2024

Some respite for WazirX, Singapore court allows 4-month moratorium on legal action

The moratorium, which comes with some conditions, will allow WazirX to help it restructure its business after the $230-million hack ...

Posted on 26/09/2024

Beware! VEP scammers are selling fake RFID tags to Singapore drivers

Amid the rush to secure Malaysia's Vehicle Entry Permits (VEP) before the Oct 1 deadline, some Singapore drivers have fallen prey to scams that offer help with VEP applications. Several drivers said ...

Posted on 26/09/2024

Orchard is officially Singapore’s coolest neighbourhood in 2024 – here’s why

As part of Time Out's yearly round-up of the coolest neighbourhoods in the world, Orchard ranks for having trend factor.

Posted on 26/09/2024

Hong Kong dethrones Singapore as Asia-Pacific’s top financial center

Hong Kong has surpassed Singapore to become the top financial center in the Asia-Pacific region and one of the top three globally, according to a new report.

Posted on 26/09/2024

Over 4,700 companies prosecuted in 2023 for late or non-filing of tax returns: Iras

MORE than 4,700 companies were prosecuted in 2023 for late or non-filing of tax returns, amounting to total penalties that exceeded S$4.9 million, said the Inland Revenue Authority of Singapore (Iras) ...

Posted on 26/09/2024

Singapore’s train commuters flustered by one of longest MRT service disruptions

The disruption is into a second day with a transport analyst saying hundreds of thousands of commuters are likely to have been affected.

Posted on 26/09/2024

Singapore factory output beats forecasts with 21% rise in August

The electronics industry, which accounts for nearly half of Singapore’s manufacturing production, saw output surge by 49.1 per cent year on year, after a revised 2.9 per cent jump in July.

Posted on 26/09/2024

Singapore’s factory output surprises with 21% jump in August; electronics surges almost 50%

FAR outstripping economists’ median forecast, Singapore’s factory output jumped 21 per cent ... On Thursday, EDB noted low bases in August 2023 for some segments of the electronics and chemicals ...

Posted on 26/09/2024

Singapore Entertainment Firm Neon Is Said to Weigh IPO Next Year

Immersive entertainment group Neon is considering an initial public offering in Singapore that may raise as much as S$500 million ($389 million), according to people with knowledge of the matter.

Posted on 26/09/2024

Digitalisation has improved business despite ‘high cost’, say 67% of Singapore firms: survey

SINGAPORE companies improved their business performance with digital transformation helping to optimise operations despite the “high cost” involved in technology adoption, a survey by the Singapore ...

Posted on 26/09/2024

Singapore calls for UN Security Council’s use of vetoes to be ‘constrained’

Foreign Affairs Minister Vivian Balakrishnan said that the United Nations Security Council needs to reform "to address both current and future challenges".

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