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Category: BUSINESS

Posted on 29/10/2023

The Hunt for Crypto’s Most Famous Fugitive. ‘Everyone Is Looking for Me.’

He is famous and he has a lot of money." U.S. and South Korean authorities had been investigating Kwon over his role in one of the biggest disasters in cryptocurrency history. In May 2022, two tokens ...

Posted on 29/10/2023

Section 10L Changes the Singaporean Tax Landscape for MNEs

Singapore’s proposed tax law changes may have significant implications for multinational groups, says Ethan Kroll of Baker McKenzie.

Posted on 29/10/2023

IRAS warns public of scammers sending fake tax notices

SINGAPORE: The Inland Revenue Authority of Singapore (IRAS) has issued a warning to the public... The post IRAS warns public of scammers sending fake tax notices appeared first on The Independent Sing ...

Posted on 28/10/2023

Singaporean company to import renewal energy from Vietnam

Singapore’s Energy Market Authority (EMA) on October 27 granted conditional approval to Sembcorp Utilities Pte Ltd (SCU) – a wholly-owned subsidiary of Sembcorp Industries (Sembcorp) to import wind ...

Posted on 28/10/2023

Issue 72: Singapore’s LNG reality and energy imports; the JETP that won’t take off

Imported electricity plays a larger role in Singapore net zero ambitions, while Indonesia’s US$20 billion coal phase-out programme is still stuck on the ground. Read more at The Business Times.

Posted on 27/10/2023

Singapore shares decline despite regional rally, STI falls 0.3%

At the bottom of the table was Singapore Airlines, which shed 2.4 per cent, or $0.15, to $6.06. The trio of local banks was in the red on Friday. UOB shed 0.9 per cent, or $0.25, to $27.03, while OCBC ...

Posted on 27/10/2023

Singapore bags ‘Best Startup Business Environment in Asia’ title

Globally, Singapore ranks fourth behind the United States, Australia, and the United Kingdom. Singapore ascended 43 spots this year. The metrics for the total scoring include quality, quantity, and ...

Posted on 27/10/2023

China slowdown drives economy-class bookings up; business-class travel rises in Singapore

AS CHINA’S economic conditions slowed this year, so did the country’s demand for more premium classes of air travel when compared to 2019, said FCM, the flagship corporate travel arm of ...

Posted on 27/10/2023

Be Wary Of Singapore Shipping (SGX:S19) And Its Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially ...

Posted on 27/10/2023

Singapore Producer Prices Continue To Fall In September

Singapore's producer prices decreased for the eighth straight month in September amid a decline in the non-oil index, data from the ...

Posted on 27/10/2023

BingX Releases Comprehensive Update of 4th Quarter 2023 Crypto Analysis and Highlights STORJ

Singapore----SINGAPORE - Media OutReach - 27 October 2023 - BingX, a leading cryptocurrency exchange, is excited to announce the release of the highly anticipated Version 2 of its 4th Quarter 2023 Cry ...

Posted on 27/10/2023

FairPrice Group commits $2.9m to help SMEs in cash flow and business survival

The funding programme benefits more than 500 SME suppliers in Singapore. FairPrice Group declared that it can provide S$2.9m to fund the SME Suppliers Support and Development Programme (SSDP) in 2023, ...

Posted on 27/10/2023

Woman, 33, who died in kayaking incident off Sentosa, an ex-nurse & owner of soap business

The kayaker whose body was found in waters off the coast of Sentosa on Oct. 24 was a former staff nurse at Khoo Teck Puat Hospital and the founder of a local business selling handcrafted soaps.

Posted on 27/10/2023

Singapore man gets seven years jail for killing pregnant wife, after attempted suicide when accounting error made him think business was doomed

Thinking that the company he was running wasn’t doing well and that his own suicide over it might bring shame to his pregnant wife, David Brian ...

Posted on 26/10/2023

Beware of phishing e-mails asking taxpayers to view property tax notices via WeTransfer: Iras

SINGAPORE – Do not click on a URL link purportedly from the Inland Revenue Authority of Singapore (Iras) claiming that your property tax notice is ready for viewing via WeTransfer, the government ...

Posted on 26/10/2023

Singapore’s NODX and factory output have been sliding. What does that mean for the economy?

SINGAPORE’S non-oil domestic exports (NODX) and factory output are closely linked metrics that reflect how key parts of the economy are performing. So far this year, this performance has not been ...

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