There were around 1,400 Single Family Offices (SFOs) that have been awarded tax incentives in Singapore as of 31 December 2023, said Deputy Prime Minister and Minister of Finance, and Monetary ...
Singtel Australian unit’s appeal in tax case dismissed by court again
STAI then became a unit under SAI in 2002, issuing loans and later paying interest to SAI, which is a tax resident in Singapore. Both entities are entirely owned by Singtel. The loan agreements put in ...
Singapore GDP forecast gets a bump from Taylor Swift’s Eras Tour concerts
Analysts estimated the shows would add 0.2 percentage points of GDP to the city state’s economy in the first quarter.
CORRECTED-Singapore fuel oil stockpiles ease to near 3-month low on rising exports
(Corrects to read "1.86 million tons" (not "1.86 tons") in last paragraph) By Cassandra Yap SINGAPORE, March 7 (Reuters) - Singapore's onshore fuel oil stockpiles dropped for a second straight week to ...
Singapore’s weekly middle distillates stocks slip 2% despite China arrivals
Singapore's middle distillates stockpiles fell almost 2% from last week as gains in jet fuel/kerosene net exports offset declines in diesel/gasoil net exports, official data showed on Thursday.
Singapore shares started strong this Friday—STI increased by 0.5%
SINGAPORE: Singapore shares started strong this Friday, riding the wave of optimism sweeping through global markets. The Business Times reports that The Straits Times Index (STI) saw a 0.5% increase, ...
Websea Lights Up Singapore With Pioneering Web3.0+2024 Crypto Conclave
Websea, a digital asset trading platform that thrives on its three-tiered security mechanism involving user accounts, funds, and data, hosted its landmark event in Singapore on March 7th. The event, ...
Singapore simplifies tax filing for commission agents, delivery workers
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...
Beware: New scam impersonates Iras to offer you tax refunds
At least six people have fallen prey to scammers impersonating government officials from the Inland Revenue Authority of Singapore (Iras) since Jan 1, with losses amounting to $3,000. Victims of this ...
BT Explains: Has MAS policy tightening hurt Singapore exports?
HAS Singapore’s export competitiveness been hurt by the strong Singapore dollar appreciation in recent years, and was this enabled by the tightening of monetary policy? Read more at The Business Times ...
Singapore Customs alerts public to new email scam which impersonates its officials
Singapore Customs has warned the public about a recent variant of an email impersonation scam. This scam involves fraudulent emails posing as communications from Singapore Customs officials, including ...
At least $3,000 lost to phishing scam involving supposed tax refunds since start of 2024
The police said that Iras would never ask for one’s online banking details for tax-refund purposes. Read more at straitstimes.com.
Simpler tax-filing for commission agents, delivery workers this year: Iras
The changes will make it easier for the self-employed to file their tax returns or claim tax deductions Read more at straitstimes.com.
Bitstamp receives in-principle approval from MAS, hopes to soon offer crypto services to individuals and institutions
This news comes on the back of the city-state proposing to tighten rules for retail crypto trading last November.
Crypto exchange Bitstamp gets MAS’ in-principle nod for major payment institution licence
Bitstamp can look to offer digital asset services in Singapore, selected countries in the region. Read more at straitstimes.com.
Lured by ‘profits’ from crypto investment, 63-year-old gives scammers over RM882,000
Tempted by the promise of easy money from a cryptocurrency investment scheme, a 63-year-old man was convinced by a woman who added him on Facebook to part with more than S$250,000 (RM882,501).