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Month: April 2025

Posted on 04/04/2025

Capital Gains on Mutual Fund Units Not Taxable in India for Singapore Resident Under DTAA: ITAT Mumbai

ITAT Mumbai ruled in favor of Anushka Sanjay Shah, a non-resident Indian (NRI), in a dispute concerning the taxability of capital gains from mutual funds under the India-Singapore DTAA. The dispute ...

Posted on 04/04/2025

Ahead of Trump’s tariffs, most MNCs in Singapore worry about slowdown: survey

The survey by AmChamSG, conducted before Trump’s 10 per cent universal tariff move, reveals fears over rising costs and supply disruptions.

Posted on 04/04/2025

SIMPPLE Ltd. Wins Second Contract, Worth $524,000, to Supply Autonomous Cleaning Robots at Singapore Airport Terminal

SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today announced the Company has been awarded a follow-up ...

Posted on 04/04/2025

Guide to Buying a Condo in Singapore: How to Buy? (2025)

You’ve been scrolling property listings every night. That resale condo with the unblocked view? It's calling your name. But where do you even begin? This guide breaks down the full process of buying a ... ( read original story ...)

Posted on 04/04/2025

Singapore shares dive a day after US unleashes tariff tsunami; STI down 3%

Across the broader market, decliners trump gainers 378 to 105. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/04/2025

Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO

SINGAPORE] Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion plans, as it issues 20 million placement shares at ...

Posted on 04/04/2025

Airtrunk seeks S$2.2 billion loan to build Singapore data centres

HONG KONG] Blackstone-owned data centre firm AirTrunk is seeking a S$2.2 billion green loan for a new greenfield project in Singapore, according to sources familiar with the matter, as it looks to ... ( read original story ...)

Posted on 04/04/2025

DBS raises target price for ST Engineering to $7.50

Jason Sum of DBS Group Research has maintained his "buy" call on ST Engineering given its clear earnings growth visibility. Even with its recent run-up of more than 40% year to date, Sum believes that ...

Posted on 04/04/2025

These Singapore stocks with regional exposure could take a hit from Trump’s Asean tariffs: CGSI

SINGAPORE] Singapore stocks with regional exposure could suffer “negative spillover” effects from Trump tariffs on South-east Asia, said CGS International analysts. Read more at The Business Times.

Posted on 04/04/2025

Venture capitalist Finian Tan sought to invest in alleged scammer Ng Yu Zhi’s nickel business

SINGAPORE] Well-known venture capitalist Finian Tan was told in August 2020 that someone was keen to invest in his funds. Read more at The Business Times.

Posted on 04/04/2025

Tariffs rip through South-east Asia stocks, sink Vietnam’s market

HANOI] South-east Asian stocks and currencies fell after Asian emerging nations were given some of the biggest tariff increases by US President Donald Trump. Vietnamese shares tumbled. Read more at ...

Posted on 04/04/2025

Car dealer, candy maker could be first IPOs on SGX in 2025

Vin’s Holdings and YLF Group Marketing are eyeing the exchange’s Catalist board. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/04/2025

Enterprise 50 Awards open for nominations of Singapore’s most innovative and competitive firms

SINGAPORE - Nominations are now open for the annual Enterprise 50 (E50) 2025 Awards, which will recognise 50 of Singapore’s most innovative and competitive home-grown, privately-owned businesses.

Posted on 04/04/2025

Singapore will not impose retaliatory tariffs on the US: DPM Gan

Singapore has said it will not impose retaliatory tariffs on the US, despite being allowed to do so under a bilateral free trade agreement. Singapore was not immune to Washington's blanket 10% tariffs ...

Posted on 04/04/2025

Commentary: As Trump’s tariffs roil markets, can Singapore seize the moment?

Singapore is pumping in S$5 billion to boost the equity market in a bid to increase investor interest and attract new listings. While a positive start, more innovative thinking will be necessary to ...

Posted on 04/04/2025

Singapore firms eye Malaysian bourse as IPO momentum builds

Two Singapore-listed semiconductor firms are looking to tap into Malaysia’s more vibrant capital markets with secondary listings, as analysts predict ...

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