In Singapore, corporate income tax is by far the single largest contributor to the Government’s budget. So, any policy changes in this area are going to have the most significant impact to the country ...
Don Wee on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
Bill is a crucial step in aligning Singapore with global efforts to ensure fair and transparent taxation of multinational enterprises (MNEs), by ensuring tha ...
Income Derived By Foreign Entity For Rendering Technical Assessment Services Doesn’t Constitute FTS: Delhi ITAT
The Delhi ITAT held that income derived by foreign entity for rendering technical assessment services will not constitute as Fees for Technical Services (FTS) under Article 12(4)(b) of ...
India less export-oriented, will be relatively unaffected by potential US tariff hikes: Fitch
India, which is less export-oriented than many other Asian economies, would be relatively unaffected in case the US levies higher tariffs on imports, Fitch Ratings said on Monday. Fitch said higher ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.
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.
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.
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 ...
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 ...
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 ...
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.