The report said Nissin Foods Holdings in 2020 moved its Southeast Asian headquarters from Singapore to Thailand, which is also working to lure multinationals through tax incentives.
Malaysia and Thailand are giving Singapore competition in attracting multinational companies
Due to lower operational costs and more tax incentives, other nearby countries are becoming more attractive to Japanese and European companies ...
ADB sees Singapore growth accelerating and inflation slowing in 2024 to 2025
ADB said the Singapore economy will grow 2.4 per cent in 2024, up from 1.1 per cent in 2023. Read more at straitstimes.com.
More robust laws will help, not hurt, Singapore’s business-friendly reputation
BEING a country known for its business-friendly environment has its perks but is not without peril, as recent high-profile criminal cases ...
Three-quarters of German arms exports sent to Ukraine
From 1 January to 27 March, the German government approved the export of military goods worth at least €4.89 billion, nearly three-quarters of which – 72% or €3.54 billion – is intended for Ukraine.
Hong Kong Considers Changing Tax Rules to Lure Private Credit Business
Hong Kong’s government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people ...
IOTA targets RWA and DeFi traction with major program in Singapore
IOTA Foundation has revealed a key program aimed at promoting the Real-World Asset (RWA) tokenization ecosystem on IOTA. The 12-week Accelerator is a collaboration with early-stage venture capital ...
Crypto.com Obtains Full Dubai Operational License
The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE. Singapore-based digital asset exchange Crypto.com has received full operational approval ...
India’s NCEL to export 1,600 tonnes of white rice to Singapore
India’s National Cooperative Export Ltd, jointly owned by India’s five top cooperative organisations, will export 1,600 tonnes of white rice to Singapore following successful negotiations with the ...
S’pore-based exchange Crypto.com taps super rich traders to lift business
COO Eric Anziani said the exchange is partnering tax agencies to provide guidance on topics like inheritance and taxes. Read more at straitstimes.com.
Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here’s why they’re tapping the Middle East to get to the next level.
New launches and long-time players in Singapore and Hong Kong are looking westward as they expand.
Crypto Adoption in Southeast Asia is On the Rise
Crypto in Southeast Asia is increasingly becoming a popular choice of investors, especially in Malaysia, Thailand and Vietnam ...
A man named Brick is being caned in Singapore for illegally sneaking into the country on a small boat: local report
The man, identified only as Brick, previously attempted four times to illegally enter Singapore, local media reported, citing his past sentences.
Singapore to face tough competition for IPOs from US, Hong Kong and London as equity markets recover
WITH the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new listings ...
Terraform Labs Owner Do Kwon Found Liable For Defrauding Crypto Investors Out of $40 Billion
The cryptocurrency co-founder lied to investors about the true nature of his "algorithmic stablecoin," a civil jury found.
Man to be charged over GST fraud in Singapore involving fake sale of items amounting to over RM880mil
A 45-year-old man, who is suspected of carrying out goods and services tax (GST) fraud involving the fake sale of items totalling more than $250 million (RM880 million), will be charged in court on ...