A woman was fined $5,000 for failing to declare items including branded bags and Labubu after returning to Singapore from UK. She had flown back from a London business trip and failed to truthfully ...
Singapore Keeps Tax Incentives Open as Global Minimum Tax Looms
The Singapore Parliament passed a bill aimed at allowing companies to continue to qualify for investment tax incentives as the country prepares to implement a new global minimum tax.
Crypto.com acquires Fintek Securities Pty Ltd. in punt into Australian market
Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition ...
Global crypto market tops $3 trillion on hopes of Trump-fuelled boom
The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners ...
Singapore stocks extend gains on Nov 15; STI up 0.2%
There were few viable leads for investors to grasp on Nov 15 after the US Federal Reserve opted for a slow and steady approach to interest rate cuts, but local shares still managed to rise for the ...
Travellers fined nearly $3.5m for tax evasion: Branded bags, jewellery, Labubu among undeclared items
From January to October this year, 13,099 travellers were caught across Singapore's air, land and sea checkpoints for evading Goods and Services Tax (GST) payments. A total of $3,471,043 in fines was ...
The Big Read: Can a higher carbon tax lead Singapore to the promised green land?
From oil majors to gencos and customers, everyone will be impacted by the rise in carbon taxes, but Singapore has to be prepared to do what it takes to reduce emissions and invest heavily in ...
Global Crypto Market Surges Past $3 Trillion on Hopes for Trump-Fueled Growth
The global cryptocurrency market has reached over $3 trillion, fueled by optimism surrounding regulatory support under Donald Trump.
Singapore looks to imported green power from Asean neighbours to meet carbon goals
SINGAPORE will increase imports of green electricity from fellow members of the Association of Southeast Asian Nations (Asean) as it seeks to decarbonise its power system to help meet its climate ...
Labubu, luxury bags: More than 13,000 travellers fined more than $3 million over undeclared goods
The bags and accessories, which were intended as gifts, were from brands such as Louis Vuitton, Prada, Yves Saint Laurent, Dior and Balenciaga. There were also Pop Mart toys, including Labubu ...
Scam syndicates sending foreigners to Singapore to cheat retailers like Apple Store, Best Denki
AN EMERGING trend of foreigners being sent to Singapore by syndicates to commit credit card fraud has raised alarm bells, with retailers across the island being targeted and warned. Read more at The ...
Genting Singapore shares slide but analysts upbeat on future profits
Analysts said its financial performance came in below expectations, but still maintained their “buy” call on the stock. Read more at straitstimes.com.
More Singapore firms saw overseas sales growth in 2024: SBF survey
The report of a survey by the Singapore Business Federation (SBF), released on Thursday (Nov 14), said this contributed to a rise in the proportion of businesses with at least two-fifths of sales from ...
IRAS recovers over S$3m from funeral sector in unpaid taxes and penalties since 2019
The Inland Revenue Authority of Singapore (IRAS) started investigations into the funeral industry and its related services - such as rites by religious practitioners, embalming and food catering - ...
Crypto Confidence High Among Singapore Institutional Investors, Sygnum Survey Finds
Institutional investors in Singapore are leading the charge in increasing their crypto allocations, according to Sygnum’s annual Future Finance survey. The report revealed that 57% of Singapore ...
S’pore non-retail investors more likely than global peers to boost crypto holdings in 2025: Poll
More than half, or 57 per cent, of the 121 Singapore-based respondents intend to raise their crypto allocations. Read more at straitstimes.com.