She previously held the role of head of global banking. HSBC has appointed Priya Kini as Head of Commercial Banking of HSBC Singapore effective 1 January 2024. Kini will be responsible for driving ...
ITAT holds Singapore’s tax residency certificate as proof for tax treaty eligibility
The Delhi bench of the Income-tax Appellate Tribunal (ITAT) has ruled in favor of The Golden State Capital Pte Ltd, a Singapore entity, stating that it is eligible for treaty benefits and therefore ...
Ex-F1 boss Bernie Ecclestone to pay over US$800 million after withholding Singapore assets in UK tax fraud
The 92-year-old billionaire and former Formula One boss has agreed to pay the huge sum, prosecutors said, weeks before he was due to stand trial Ecclestone was charged with failing to declare an ...
Former F1 boss Bernie Ecclestone admits tax fraud
Former Formula One chief Bernie Ecclestone pleaded guilty to a charge of fraud at a London Court. The charge relates to an offshore trust fund the 92-year-old failed to declare to the UK tax ...
Bernie Ecclestone pleads guilty to tax fraud over £400m trust fund
Bernie Ecclestone admitted tax evasion this morning after failing to declare £400 million hidden in a Singapore financial trust.The Formula One tycoon was due to stand trial next month but made a ...
Singapore’s middle distillate stocks drawn for first time in 3 weeks
Singapore's middle distillates stocks fell for the first time in three weeks, tracking robust net exports of jet fuel/kerosene though a dip in net exports of gasoil limited overall draws, official ...
Singapore-Thailand economic relations are substantial; bilateral trade reaches S$42.1 billion in 2022: PM Lee
SINGAPORE and Thailand have a “very substantive” relationship with strong economic, defence and people-to-people links, said Prime Minister Lee Hsien Loong at the Istana on Thursday (Oct 12). Read ...
$2.8b money laundering case: Accused proposes 24-hour surveillance in latest bid to be released on bail
SINGAPORE - Vang Shuiming, one of the 10 foreigners charged in Singapore's largest money laundering probe, has proposed to be placed on 24-hour surveillance in his latest bid to be released on bail.
Citigroup’s board to meet in Singapore for the first time since 2011
Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first time since 2011 as a show of commitment to the city state.The meeting will be held next week, and Citi's ...
Grab’s 70% tumble shows the limits of Singapore’s tech dream
IN THE ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on South-east Asia!” he told the ...
SG firms lead investment in AI and machine learning technologies
Local businesses, on average, invest 24% of their annual budget in AI and machine learning. Singapore is ahead of the United States and the rest of the world in terms of artificial intelligence (AI) ...
The mystery of the Adani coal imports that quietly doubled in value
Analysis of customs records suggests Indian conglomerate has been inflating fuel costs using offshore middlemen ...
Singapore leading net-zero efforts in Asean, followed by Vietnam, Thailand: SEAS survey
Singapore is leading in efforts to drive net zero, followed by Vietnam and Thailand, say 150 industry leaders surveyed by the Sustainable Energy Association of Singapore (SEAS).
Well-being: The hidden cost of success for entrepreneurs in Singapore
In chasing success, many business owners are prone to neglecting their own well-being, prioritising their bottom line.
Singapore’s MAS Is Set to Extend Policy Pause on Geopolitical Tensions
Singapore’s central bank is set to leave its monetary policy unchanged for a second straight meeting as core inflation wanes and economic growth remains fragile.Most Read from BloombergIsrael Latest: ...
Money Laundering Scandal Takes Center Stage in Singapore. Is the City’s ‘Squeaky Clean’ Reputation at Risk?
An influx of wealth and the rapid growth of fintech companies operating on a global level without a comprehensive regulatory framework has led to an increase in high-profile corruption, fraud and ...