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Category: BUSINESS

Posted on 02/12/2025

Over RM22.5mil in fines meted out for tax evasion at Singapore checkpoints from Jan to Oct 2025

A woman arriving from Malaysia on Oct 18 attempted to exit the arrival hall at Changi Airport via the green channel without declaring a pewter Bearbrick collectible figurine that was in her possession ...

Posted on 02/12/2025

Ripple Can Now Offer Wider XRP, RLUSD Services After Singapore Regulator Approval

The permissions give Ripple more bandwidth to offer token-based settlement and related payment services to banks, fintechs and crypto firms operating in the city-state.

Posted on 01/12/2025

Ripple grows regulated payment services footprint in Singapore

The approval allows Ripple to offer comprehensive, fully licensed digital payment services in Singapore, a step that significantly broadens the firm’s capacity to deliver regulated, end-to-end ...

Posted on 01/12/2025

Singapore shares rise marginally as investors turn cautious ahead of Fed decision

Singapore stocks show marginal gains as investors await the US central bank's crucial interest rate decision, impacting market sentiment. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/12/2025

$7.1 million in fines issued to 23,742 people for tax evasion at Singapore checkpoints from Jan to Oct

In the first ten months of 2025, 23,742 travellers were caught at Singapore's air, land and sea checkpoints for failing to declare dutiable and taxable goods. The total composition sum imposed in lieu ...

Posted on 01/12/2025

S. Korea makes first-ever delivery of Korean beef, pork exports to Singapore

A shipment of Korean beef and pork has been safely delivered to Singapore, marking the country's first-ever exports of such products to the Southeast Asian country, officials said Monday. The shipment ...

Posted on 01/12/2025

Singapore businesses lead in AI and data adoption, but face cybersecurity challenges

Strong adoption of AI tools among Singapore businessesCurrent cybersecurity readiness can be enhancedHigh AI adoption boosts productivity, but human oversight is essentialSINGAPORE, /PRNewswire/ -- ...

Posted on 29/11/2025

Real median income in Singapore rose 4.3% in 2025 as workers in permanent jobs hit new high

Singapore's real median income grew by 4.3% in 2025, with a new high in permanent jobs and a narrowing income gap. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/11/2025

Singapore tops global ranking for attracting and retaining talent, pushing out Switzerland

The city-state—the only Asian country in this year’s top 10—dethroned Switzerland, which had held first place since the list’s inception in 2013.

Posted on 29/11/2025

Singapore workers enjoy 4% income gain this year

Real income in Singapore grew 4.3% this year, higher than last year’s 3.2%, indicating a steady labor market despite increasing external uncertainties.

Posted on 29/11/2025

Government to provide one-time property tax rebate of up to 15% for owner-occupied homes in 2026

Owner-occupiers living in three-room and larger HDB flats will see an average monthly property tax increase of S$2 to S$3, after the rebate, while one- and two-room HDB owner-occupiers will continue ...

Posted on 28/11/2025

Singapore Cement Industry Report 2025: Portland, Blended, Specialty, and Green Cement Size & Forecast by Value and Volume Across 80+ Market Segments 2020-2029

Singapore's cement market offers opportunities in sustainable construction and digital innovation driven by government policies on green infrastructure. Demand remains stable from public sector ...

Posted on 28/11/2025

Singapore named top container port under new global benchmark

SINGAPORE – Singapore has been ranked the world’s leading container port under a new benchmark published by classification society DNV and business consultancy firm Menon Economics. The Republic was ...

Posted on 28/11/2025

One-off property tax rebate for all owner-occupied residential properties in 2026

All owner-occupied residential properties will receive a one-off property tax rebate in 2026, said the Ministry of Finance (MOF) and the Inland Revenue Authority of Singapore (Iras) on Friday (Nov 28) ...

Posted on 28/11/2025

4 Nabbed as Singapore Customs Uncovers 3,100 Cartons of Illegal Cigarettes, Seizes 3 Vehicles

The authorities said that the evasion of duty and goods and services tax for the seized items is estimated at S$335,785.

Posted on 28/11/2025

Singapore ranked world’s best for attracting and retaining talent

SINGAPORE: Singapore has been ranked the world’s most attractive place to develop, attract and retain talent, topping the Global Talent Competitiveness Index for the first time. The annual ranking, ...

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