The Singapore Exchange (SGX) was the next-highest gainer on the STI. It rose 3.9 per cent or 50 cents to $13.30, buoyed by investors’ positive sentiment towards MAS’ initiatives.
Singapore’s 50% tax rebate aims to drive productivity, global growth
This broad-based support allows SMEs and companies not making a profit to benefit. The 50% Corporate Income Tax (CIT) rebate for the Year of Assessment (YA) 2025 demonstrates the government’s ...
Hong Kong, Singapore lead drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US ...
Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia’s Salic
The Singapore-based company expects to raise $2.58 billion from the sale of its remaining stake in its agricultural products business to Saudi Agricultural and Livestock Investment Company.
Singapore and Hong Kong lead Asia’s drive to cash in on crypto boom
Singapore and Hong Kong are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US ...
Robinhood to Introduce Crypto Products in Singapore This Year: Bloomberg
Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood ...
Robinhood stock plunges 14% in worst week since August as crypto surge fades
Shares of financial services company Robinhood fell 14% in their worst week since August as investors withdrew from the surge that followed President Trump's election.
Crypto sent reeling by world’s biggest ever heist
The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 million Ronin Network hack in 2022 and last year's breach of Japan’s DMM Bitcoin exchange, which resulted in a $300 million loss. If confirmed, this would mark one of the most significant heists attributed to the group.
Singapore has to secure long-term economic growth while dealing with labour force issues: Panel
Companies are happy with Budget 2025, but they would like even more help with issues like manpower costs. Read more at straitstimes.com.
Understanding legal requirements key for jewellery sales in Singapore: analyst
Before entering Singapore's jewellery retail market, businesses must choose an appropriate business structure. Understanding the legal framework for selling jewellery and precious products in ...
Robinhood plans Singapore crypto launch
Robinhood Markets Inc plans to launch Singapore crypto offerings this year through an entity of European digital-assets exchange Bitstamp Ltd, which it recently acquired.
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
Key regional indexes were not swayed by the gains in New York, slight as they were. Hong Kong’s Hang Seng fell 1.6 per cent, South Korea’s Kospi declined 0.7 per cent, the Nikkei in Tokyo lost 1.2 per ...
BUDGET 2025: S-REIT tax breaks extended, but immediate gains remain limited
The extension of the 10% final withholding tax rate is expected to encourage broader investor participation in S-REIT ETFs. The Singapore government has extended the income tax exemption on ...
S’pore’s Budget surplus derived from COE premiums, personal income tax & state investment returns
NIRC represents as much as half of the net investment income and up to half of the long term expected real returns of Temasek, GIC and the Monetary Authority of Singapore. Personal income tax ...
Man to be charged over receiving scam proceeds and converting them into crypto
The man received more than $44,000 across seven transactions in the same bank accounts, which he then converted into Bitcoin or BTC, the world’s largest cryptocurrency. He then also transferred the ...
Nearly 10 years’ jail for woman who committed cheating linked to over $5.7m of mostly crypto funds
Ho Kai Xin used her ill-gotten gains to live a lavish lifestyle, including placing a down payment for a penthouse. Read more at straitstimes.com.