SHANGHAI] There is anxiety on both sides of the US-China divide as a new American president gets ready to take over the White House, according to Senior Minister Lee Hsien Loong who had made recent ...
Crypto Biz: A crypto policy expert may run the SEC
The future of cryptocurrency regulation in the United States could see a significant shift as Paul Atkins, a former commissioner of the Securities and Exchange Commission known for his pro-innovation ...
Singapore shares end higher on Friday amid cautious optimism; STI up 0.1%
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with cautious optimism. The benchmark Straits Times Index (STI) gained 0 ...
One-time property tax rebate of up to 20% for owner-occupiers in 2025 to cushion cost-of-living pains
The government will give a one-off property tax rebate of up to 20 per cent for owner-occupied residential properties in 2025, said the Ministry of Finance (MOF) and Inland Revenue Authority of ...
Taiwanese pork approved for export to Singapore
After a 15-year hiatus, fresh Taiwanese pork may once again be exported to Singapore, the Ministry of Agriculture announced today. The Singapore Food Agency approved fresh pork produced by the ...
One-off property tax rebate for all owner-occupied homes in 2025
The Singapore Government will offer a one-off property tax rebate in 2025 for owner-occupied homes to mitigate cost-of-living concerns. Housing Board flats will receive a 20% rebate, while private ...
Government to provide one-time property tax rebate of up to 20% for owner-occupied homes in 2025
SINGAPORE: All owner-occupied Housing and Development Board (HDB) flats will get a one-off property tax rebate of 20 per cent in 2025, it was announced on Friday (Nov 29). In a joint press release, ...
One-off property tax rebate in 2025; vast majority of home owners will see lower tax bill
The annual value threshold for zero per cent tax for owner-occupied homes will also be raised from $8,000 to $12,000. Read more at straitstimes.com.
Singapore household debt climbs
The debt of households in Singapore may have risen in the past year, but their financial assets such as cash and stocks grew at a faster pace, so they can withstand pressures, says the central bank.
Singapore businessman tried for $1.1B investment scam, spent proceeds on Porsche, Rolls-Royce cars
A Singaporean businessman is being tried for allegedly swindling SGD1.5 billion (US$1.1 billion) from more than 900 investors and spending one-third of the amount on Porsche and Rolls-Royce cars, ...
Dragon Ball, One Piece studio’s Web3 game, Sun is top Trump crypto holder: Asia Express
Dragon Ball and One Piece studio is making a new blockchain game, Justin Sun is the largest investor in Donald Trump’s WLFI: Asia Express ...
Singapore’s strong brand name in China comes down to Singaporeans there: SM Lee
SINGAPORE’S brand name and its cultural, business and personal connections with China have allowed the two countries to work together and learn from each other. Read more at The Business Times.
Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires
Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge ...
Bitcoin retreats from US$100,000 in worst spell since Trump’s win
People have been looking for an excuse to take some profits... We’re still very confident the current bullish market sentiment will continue into 2025.” ...
Hong Kong proposes tax breaks to attract crypto hedge funds, investors
Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles in a bid to strengthen its position as a leading crypto financial hub.
Amazon invested $2 billion in Singapore in 2023
SINGAPORE - Amazon invested $2 billion across its retail and cloud businesses in Singapore in 2023. The capital injection covers infrastructure upgrades to its fulfilment centres, delivery stations ...