The first of three additional berths at Tuas Port began operating on July 1 amid severe congestion. Read more at straitstimes.com.
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 ...
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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 ...
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.
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 ...
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.
New data from FourKites: shipping delays at port of Singapore
By Mike DeAngelis, FourKites Senior Director, International Solutions.
Singapore ups crypto exchanges risk factor under new law update
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 ...
Proposed law to allow Singapore courts to order the sale of seized properties linked to criminal activities
This will allow law enforcement agencies to cut back on maintenance costs and preserve the value of the seized properties, says the Ministry of Home Affairs.
Singapore introduces Bill to tackle money laundering, recovery of assets
SINGAPORE has introduced a new Bill to improve the ability of law enforcement agencies to prosecute money laundering and deal with properties linked to suspected criminal activities. Read more at The ...