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Category: BUSINESS

Posted on 04/07/2024

Singapore ups crypto exchanges risk factor in update to AML/CFT laws

Singapore has updated its Terrorism Financing laws, raising the risk level for crypto exchanges to medium-high. This move aims to prevent terrorist groups from exploiting the nation’s economic ...

Posted on 04/07/2024

Singapore stocks rose in tandem with regional indices; STI up 0.7%

SINGAPORE stocks rose on Thursday (Jul 4), tracking gains by regional indices. Read more at The Business Times.

Posted on 04/07/2024

5 Best Sites to Buy Instagram Followers Singapore (Real & Cheap)

Boost your Instagram presence in Singapore with real followers. Explore top sites, benefits, and best practices for buying followers safely.

Posted on 04/07/2024

About 90% of Singapore container ship arrivals are off schedule, says government

Transport minister says Red Sea crisis unlikely to ease any time soon and that things may get worse before they get better ...

Posted on 03/07/2024

Singapore ports boost container handling capacity as more shipping lines call

The first of three additional berths at Tuas Port began operating on July 1 amid severe congestion. Read more at straitstimes.com.

Posted on 03/07/2024

Singapore is trying to be a wealth hub. Now 6 family offices that got tax breaks are tied to the nation’s biggest money laundering case

Vistra, a corporate business service provider, highlighted Singapore’s well-developed financial and professional services sectors, international connectivity, and strong healthcare and education ...

Posted on 03/07/2024

CNA Explains: Why must travellers declare S$20,000 cash when entering or leaving Singapore?

Regardless, travellers who fail to fully and accurately declare over S$20,000 in cash or bearable negotiable instruments – such as traveller’s cheques, money orders and postal orders – can be jailed ...

Posted on 03/07/2024

Business partner ordered to pay S$299,000 in legal costs to Violet Oon and family

LUXURY and lifestyle company Group MMM and its director Manoj Murjani have been ordered by the High Court to pay S$299,000 to restauranteur Violet Oon and her two children. Read more at The Business ...

Posted on 03/07/2024

Two-thirds of Singapore firms are not confident of meeting net zero goals: report

As the city-state's listed companies prepare to kick off mandatory climate reporting in 2025, nine in 10 local firms have yet to fully measure Scope 3 emissions, which make up the bulk of an entity's ...

Posted on 03/07/2024

Boustead unit partners Evotion Labs to deploy Singapore’s first EV motorcycle battery swop stations

A UNIT of engineering and technology group Boustead Singapore has signed a memorandum of understanding (MOU) with local electric vehicle (EV) solutions provider Evotion Labs to deploy Singapore’s ...

Posted on 03/07/2024

6 family office funds tied to Singapore launder case got tax breaks

Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.

Posted on 03/07/2024

Nine in 10 Singapore firms fall short in measuring Scope 3 emissions: report

"Knowledge deficits linked to inaction." The vast majority or 94% of Singapore organisations fail to fully measure and analysing their Scope 3 emissions, according to a joint report by Schneider ...

Posted on 03/07/2024

About half of Singapore companies are still looking to hire more staff: Report

SINGAPORE: Singapore’s labour market is expected to remain tight as demand for talent continues to... The post About half of Singapore companies are still looking to hire more staff: Report appeared f ...

Posted on 03/07/2024

3 men arrested after Customs officers find contraband cigarettes; over $800k in taxes evaded

Singapore Customs officers seized a total of 7,500 cartons of duty-unpaid cigarettes. Read more at straitstimes.com.

Posted on 03/07/2024

6 single family office funds linked to $3b money laundering case were given tax benefits: DPM Gan

SINGAPORE – A total of six single family office (SFO) funds in Singapore given tax benefits were found to be linked to the 10 foreigners arrested and convicted in the nation’s largest money laundering ...

Posted on 03/07/2024

Six single-family office funds linked to S$3 billion money laundering case given tax incentives

SIX single-family office (SFO) funds that had been awarded tax incentives by the government have been linked to individuals convicted in Singapore’s biggest money laundering case, or their spouses.

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