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Month: January 2025

Posted on 22/01/2025

Singapore’s three banks to remain in climate alliance despite US peers’ exit

Goldman Sachs, Morgan Stanley, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup and Bank of America — have pulled out of the world’s top climate alliance for the sector.

Posted on 22/01/2025

A global jobs crisis is looming — and here’s how to tackle it, says Singapore’s president

Tharman Shanmugaratnam warned of mass joblessness in the years ahead and called for worker education and training to be revamped.

Posted on 22/01/2025

CBDT: Past investments from Mauritius, Singapore and Cyprus to be grandfathered under tax treaty

India will grandfather past investments from countries with which it has certain tax treaties including Mauritius, Singapore and Cyprus and the income tax department will not re-open these for ...

Posted on 22/01/2025

CBDT clarifies past investments under old tax treaties safe from PPT

CBDT clarifies PPT application, protecting past investments under India's tax treaties with Mauritius, Cyprus, and Singapore.

Posted on 22/01/2025

How Singapore is embracing edible insects

Singapore has long held a reputation for its diverse and experimental food scene, and now adventurous diners can tuck into creepy crawlies in the city’s bars and hawker stalls.

Posted on 22/01/2025

Sunway Healthcare hires banks for $675 million Malaysian IPO, sources say

Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than 3 billion ringgit ($675 million) Malaysian initial public offering, two sources with knowledge ...

Posted on 22/01/2025

Tech, finance, and real estate dominate Singapore’s fastest-growing companies in 2025

These sectors alone account for approximately 40% of the 100 companies recognized for their remarkable revenue growth ...

Posted on 22/01/2025

DBS, OCBC anticipate year-on-year profit growth for Q4 2024 amid mixed quarterly performance

As the banks prepare for 2025, the focus will likely shift to managing NIM compression and sustaining fee-based income growth ...

Posted on 22/01/2025

TikTok owner ByteDance asks expat employees to pay Chinese tax

TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk losing their ability to cash out on stock options, as Beijing steps up ...

Posted on 22/01/2025

Singapore’s prime minister warns of a ‘third world war’ if U.S. and China force rest of the world to pick sides

Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: "I can’t see how a full decoupling can happen at this stage." ...

Posted on 22/01/2025

Singapore needs foreigners to survive but ‘significant safeguards’ in place to protect local jobs: Tan See Leng

The manpower minister said this while addressing Singaporeans' concerns about job security in a radio interview with CNA938.

Posted on 22/01/2025

Azendian’s big push to get buildings in Singapore and abroad to go green

Bill Lee left the relative comfort of a senior position at one of the Big Four accounting firms to be an entrepreneur and develop a startup. Read more at The Business Times.

Posted on 22/01/2025

Volvo opens office in Singapore for technology, software development

SWEDISH carmaker Volvo officially opened a research and development(?) facility in Singapore on Wednesday (Jan 22). Located in Kallang at Aperia Tower 2 and spanning 9,432 square feet, the Volvo Tech ...

Posted on 22/01/2025

Goodwin’s Singapore Private Equity Partner Leaves to Join Key Client Hillhouse Investment

Law.com International identified Krishnan, who speaks English, Hindi and Mandarin, as a rising star in Asia in the private equity realm.

Posted on 22/01/2025

East Asia Forum issued Pofma order over multiple false statements relating to Singapore governance

Online academic platform East Asia Forum has been issued a correction order for publishing an article containing multiple false statements in relation to Singapore’s governance. They include the ...

Posted on 22/01/2025

Singapore forms committee on election, signalling polls ahead

Singapore's prime minister has formed a committee to review electoral boundaries, the poll body said on Wednesday, an indicator that a general election in the city-state could come soon.

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