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Category: BUSINESS

Posted on 01/02/2024

After 20 years, it could be time for Singapore to relook personal income tax-free threshold

Singapore tax residents have not needed to pay tax on the first S$20,000 of chargeable annual income. Read more at The Business Times.

Posted on 01/02/2024

Singapore High Court greenlights DeFiance Capital suit against 3AC

The founder of investment firm DeFiance Capital has received court approval to sue for the return of funds held by bankrupt crypto hedge fund Three Arrows Capital.

Posted on 01/02/2024

”Had The Best Sleep”: Crypto Founder Calls Time In Singapore Jail ”Enjoyable”

Zhu Su, co-founder of failed crypto hedge fund Three Arrows Capital was released from a Singapore prison last month after serving three months for noncooperation with liquidators. according to South ...

Posted on 01/02/2024

Govt okays import of LNG cargo from Singaporean firm to meet gas demand

The government will import a cargo of liquefied natural gas (LNG), having 33.66 lakh MMBtu, from the Vitol Asia Pte Ltd of Singapore at a cost of Tk429.40 crore to meet the growing gas demand in the ...

Posted on 31/01/2024

‘High level of risk’: Singapore brokerages run customer reviews, display warnings on spot bitcoin ETFs

Requirements to trade include passing a review that determines whether investors have the know-how to trade in more complex and higher-risk products.

Posted on 31/01/2024

Singapore’s exports shrank 13.1% last year | Video

Singapore's exports shrank over 13 per cent last year, its worst annual showing since 2001. It's dragged down by an unexpected contraction in December's key exports figure, which fell 1.5 per cent ...

Posted on 31/01/2024

From customer reviews to risk alerts, Singapore brokerages take caution with US-listed Bitcoin ETFs

Requirements to trade include passing a review that determines whether investors have the know-how to trade in more complex and higher-risk products.

Posted on 31/01/2024

AG&P LNG aims to start developing 6 import terminals within 2 years

SINGAPORE, Jan 31 (Reuters ... The company broke ground on the import facility at Karaikal port in the southern city of Puducherry in February 2020, before COVID-related curbs slowed the terminal's ...

Posted on 30/01/2024

Beware of scam e-mails claiming to offer tax refunds: Iras

Singaporeans are again getting e-mails claiming to come from the taxman that aim to trick them into clicking on a link that directs them to a fake website.They are then asked to provide personal ...

Posted on 30/01/2024

It’s a phishing scam: IRAS warns of impersonation emails that claim to offer tax refunds

The Inland Revenue Authority of Singapore (IRAS) issued an advisory on Jan. 30, 2024, to warn the public about a resurgence of phishing emails that impersonate the tax authority.

Posted on 30/01/2024

Insurance agent burnt by crypto trading swindles clients and others of over S$193,000, gets jail

SINGAPORE: After losing money from cryptocurrency trading, an insurance agent with AXA began tricking his clients and acquaintances into giving him money, totalling more than S$193,000 (US$144,100).

Posted on 30/01/2024

Singapore’s 2023 investment commitments down 44%, but S$12.7 billion figure above medium-to-long-term target range

SINGAPORE attracted S$12.7 billion in fixed asset investment (FAI) commitments in 2023, a sharp fall from record figures in 2022, but still above the country’s medium-to-long-term goals, said the ...

Posted on 30/01/2024

$10B cryptocurrency hedge fund founder finds Singapore prison enjoyable

Su Zhu, the convicted co-founder of the collapsed cryptocurrency hedge fund Three Arrows Capital, recently shared mostly-positive insights into his three-month term at Singaporean prison.

Posted on 28/01/2024

”Had The Best Sleep”: Crypto Founder Calls Time In Singapore Jail An ”Enjoyable Experience”

Zhu Su, co-founder of failed crypto hedge fund Three Arrows Capital was released from a Singapore prison last month after serving three months for noncooperation with liquidators. according to South ...

Posted on 28/01/2024

Singapore can help Laos realise its potential, says minister, as the two nations mark 50 years of ties

Singapore started importing hydroelectricity from Laos through existing infrastructure in Thailand and Malaysia in June 2022. The Lao PDR-Thailand-Malaysia-Singapore Power Integration Project allows ...

Posted on 28/01/2024

Commentary: Is Singapore’s tech start-up scene giving CEOs a free pass for deception?

Founders of fledgling startups might be tempted to exaggerate achievements to pursue their ambitions, but this can be taken too far, says tech investor Gwendolyn Regina.

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