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Category: BUSINESS

Posted on 13/09/2025

The rich of China are exiting Singapore as wealth regulations tighten

Wealthy Chinese leave Singapore to rival wealth hubs like Hong Kong and Japan. Henley & Partners estimates that only 1,600 millionaires will move to Singapore this year.

Posted on 12/09/2025

Singapore commends Malaysia’s Asean leadership, eyes stronger bilateral ties

SINGAPORE: Singapore deeply appreciates the steady hand with which Malaysia has steered Asean this year under Prime Minister Datuk Seri Anwar Ibrahim's leadership, and will continue to strongly ...

Posted on 12/09/2025

Singapore boards are unprepared for future complexities: Piyush Gupta

He notes that the role of the board transcends beyond just being a ‘policeman’; it also needs to be a ‘navigator’ and ‘shepherd’ Read more at The Business Times.

Posted on 12/09/2025

Bitunix Exchange Becomes Official Platinum Sponsor of TOKEN2049 Singapore

TOKEN2049 in Singapore will be the 10th event that Bitunix will sponsor in 2025. The exchange has sponsored events in Asia, Europe, and Latin America this year. Some of the highlights are the Title ...

Posted on 12/09/2025

Singapore’s Carro eyes M&A, Australia foray ahead of potential dual listing

Carro, Southeast Asia's largest used-car online marketplace, is weighing a dual listing and plans to bulk up for it by expanding into Australia and pursuing two to three acquisitions as early as the ...

Posted on 11/09/2025

Singapore tax revenue rises 10.7% to S$88.9 billion amid strong economic growth, consumer spending

SINGAPORE: Tax collection in Singapore rose by 10.7 per cent, driven by robust economic growth and higher consumer spending.

Posted on 11/09/2025

Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption

Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor Read more at The Business Times.

Posted on 11/09/2025

S’pore collected S$88.9 billion in tax revenues, up 10.7% from previous fiscal year

This represents about 12.2 per cent of Singapore's Gross Domestic Product and 76.9 per cent of the Singapore Government's operating revenue. This is a 10.7 per cent increase from the previous FY, ...

Posted on 11/09/2025

Singapore tax revenue rises 10.7% to $88.9 billion amid strong economic growth, consumer spending

The tax revenue collected represents about 76.9% of the Government’s operating revenue, Iras said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/09/2025

‘Robust’ economic growth, higher consumer spending: Singapore collects nearly $89b in taxes, up 10.7%

Singapore saw "robust" economic growth and higher consumer spending for the financial year (FY) 2024/25, with tax revenue reaching $89 billion.This is 10.7 per cent higher than the $80.3 billion ...

Posted on 11/09/2025

Singapore tax revenue rises 10.7% to $88.9 billion from strong economic growth, consumer spending

Tax revenue collected represents about 76.9% of the Government’s operating revenue, Iras said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/09/2025

Singapore’s tax revenue up 10.7%, nearly S$89 billion collected

SINGAPORE: Singapore collected S$88.9 billion (US$69.3 billion) in tax revenue for the 2024/2025 financial year, a 10.7 per cent increase from the previous year.  The incr ...

Posted on 11/09/2025

Singapore a key node for CIMB amid wider Asean growth plans

Singapore has] clearly been a very successful wealth centre, and we have also been beneficiaries of that,” says group CEO Novan Amirudin, who calls the city-state an “extremely important” market.

Posted on 11/09/2025

ICAEW: Singapore’s exports growth to slow in H2 2025, most vulnerable to US tariffs amongst ASEAN economies

Despite the lowest US tariff rates in ASEAN, increasing uncertainties weigh on Singapore’s GDP due to its extensive reliance on exports to drive growth. SINGAPORE ...

Posted on 11/09/2025

Singapore firms now able to harness Gen AI to navigate US tariff chaos

The Trade AI Adviser will help firms to unlock opportunities, ensure compliance and stay competitive. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/09/2025

Singapore To Buy Boeing P-8A Aircraft As Tariff Pressures Mount On Trade-Dependent Economy

Singapore will acquire 4 Boeing P-8A aircraft to strengthen maritime security. Defence Minister Chan and US Secretary Hegseth reaffirmed their cooperation in Washington.

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