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Category: BUSINESS

Posted on 14/10/2024

Jamus Lim on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill

Bill will align Singapore’s tax regime with international tax developments arising from the BEPS 2.0 initiative. On concerns that subscribing to a corporate minimum tax will erode a cornerstone of Sin ...

Posted on 14/10/2024

Top Tech News: Singapore’s Economy Expands by 4.1% in Q3 2024; London Crypto Trader Pleads Not Guilty to Illegal Crypto ATM Business Charges

Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: Singapore’s Economy Expands by 4.1% in Q3 2024Fast-Track Insi ...

Posted on 14/10/2024

Alleged Hong Kong Crypto Swindler Tied to Singapore Money Laundering Syndicate

Su Weiyi is also listed as an owner of two Hong Kong companies along with a man named Wang Dingkai. He co-founded a firm in the Philippines, which was raided by police in 2023 as part of an ongoing ...

Posted on 14/10/2024

China copper imports climb 15% on seasonal demand, brighter outlook

Singapore – China’s imports of unwrought copper rose in September from the prior month, customs data showed on Monday, due to improving seasonal demand and a better consumption outlook for the ...

Posted on 14/10/2024

China’s Exports Slow But Continue Run of Growth

China’s exports grew at a slower pace in September, but extended their streak to a sixth consecutive month, driven by Beijing’s efforts to cement its dominance in global manufacturing.Outbound ...

Posted on 14/10/2024

MAS keeps support for strong Singdollar; sees core inflation easing to 2% by year-end

MAS said risks to Singapore’s inflation outlook are more balanced compared to July. Read more at straitstimes.com.

Posted on 14/10/2024

Binance’s General Counsel Is Shattering Crypto’s ‘Bro Ceiling’

"The fact that it is a new, nascent industry provides women with the opportunity to be in those roles and to be able to progress very quickly," said Eleanor Hughes, who is based in Singapore.

Posted on 14/10/2024

Singapore Sticks to Tight Policy Stance, Resisting Global Shift

Singapore’s central bank kept its monetary settings unchanged for a sixth consecutive review as inflation remains elevated and in defiance of a global shift to policy easing.

Posted on 14/10/2024

Business News Live: Singapore Q3 GDP up 4.1% y/y, preliminary data shows

Bain sought $10 bln valuation for Japan's KioxiaInvestors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S. buyout firm to scrap its plans ...

Posted on 14/10/2024

Local farms push ahead with international collaborations to further Singapore’s 30 by 30 plan

WEBSTER Tham, co-founder of local agri-technology company Tomato Town, is looking to harvest Japanese cherry tomatoes and heirloom varieties of tomatoes through a collaboration with a Japanese company ...

Posted on 14/10/2024

FBS Analysts Release New Report Examining the Impact of US Interest Rate Cut on the Crypto Market

Singapore, Singapore, October 7th, 2024, FinanceWire FBS, a leading global broker, has released a new analysis exploring how anticipated U.S. interest rate adjustments could influence the ...

Posted on 13/10/2024

Tax incentives will fuel EV adoption, rebate cuts unlikely to deter buyers from hybrids

Rebates for many mass-market hybrids will be halved in 2025, from $5,000 to $2,500. Read more at straitstimes.com.

Posted on 13/10/2024

Not a dying business: Singapore’s death trade is thriving as its population ages

The upcoming My Community Festival features events and experiences related to end-of-life practices. Read more at straitstimes.com.

Posted on 12/10/2024

Twelve startups showcase products in Singapore

Twelve Scottish business founders will travel Singapore this month to showcase their products and attract international investment in one of the world’s biggest tech economies.

Posted on 12/10/2024

Fairdesk crypto exchange to shut down over regulatory concerns

Singapore-based cryptocurrency exchange Fairdesk recently announced that it will shut down all services on Nov. 30, 2024. The announcement came via a social media post on the X.com platform and was ...

Posted on 12/10/2024

A new lease of life for Singapore’s legacy tax incentives

HELLO World may have been the theme song of the recent Olympics held in Paris, but in the realm of international taxation, another “bonjour le monde” took centre stage in the French capital. Read more ...

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