For tax year 2024 and beyond, the highest marginal rate is 24% at an added top bracket for income above S$1 million. Generally, Singapore does not tax capital gains.
Volkswagen Singapore Rolls Out Bitcoin Payments in Landmark Fintech Partnership
Through the partnership, VGS customers can now settle transactions using Bitcoin (BTC), Ethereum (ETH), and stablecoins such as Tether (USDT) and USD Coin ...
Singapore seals carbon credit deal with Thailand, its first South-East Asian partner
SINGAPORE: Thailand has become the first South-East Asian country to finalise a carbon trading agreement with Singapore, paving the way for the Republic to buy carbon credits generated there.
Scope for deeper Thailand-Singapore partnerships in digital, tech industries: Tan See Leng
BANGKOK] While 60 years of bilateral relations between Singapore and Thailand have brought tangible growth and investment to both economies, the countries will continue to focus on key digital and ...
Popular automaker rolls out crypto payments for customers
Volkswagen Group Singapore (VGS) has teamed up with FOMO Pay, a major payment company, to let people pay for their cars and services via digital currency. This is the first time an automotive ...
True Global Ventures Secures Expanded MAS License, Paving Way for Crypto Funds
True Global Ventures 4 Plus (TGV) has secured a Capital Markets Services license from the Monetary Authority of Singapore.
China Merchants Bank (CMB) has introduced a 24/7 crypto trading platform in Hong Kong
CMB International Securities Limited, a subsidiary of China Merchants Bank (CMB), one of China’s largest banks with over $1.7 trillion in assets, has launched a cryptocurrency exchange in Hong Kong.
Asian crypto traders profit from Trump’s win, China’s 2025 CBDC …
Just last week, Coinbase’s US rival exchange Gemini revealed it had received in-principle approval for Singapore’s crypto business license — one that Coinbase obtained back in October 2023.
Volkswagen rolls out crypto payments for customers
VGS, the authorized distributor for Volkswagen, Skoda, and CUPRA, announced on August 14 that the move was in response to rising consumer adoption of digital assets in Singapore, where approximately ...
Asean can fend off protectionism blow by boosting integration: Singapore Business Federation chief
The tools are all there and the opportunity for collective action has never been greater, says SBF chief. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore key exports fall worse than expected in July as shipments to US plunge 42.7 per cent
SINGAPORE: Singapore's key exports dropped more than expected in July, reversing from a rebound in June, as front-loading of orders dissipated towards the end of US President Donald Trump's tariff ...
Singapore exports tipped for slower growth after worse-than-expected contraction in July
SINGAPORE] The Republic is poised for slower export growth in the second half of 2025, economists said, after last month’s numbers came in worse than expected. Read more at The Business Times.
Singapore key exports slip in July as US shipments tumble 42.7 pct
Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.The 42.7 percent ...
Singapore key exports slip in July as US shipments tumble 43%
Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.
Singapore’s exports fall 4.6% y/y in July, weaker than forecast
Singapore's non-oil domestic exports fell 4.6% in July from the same month a year earlier, government data showed on Monday, weaker than analysts' estimates as pharmaceuticals led a drop in ...
Singapore’s Export Woes: Navigating Tariffs and Forecast Adjustments
Singapore's non-oil domestic exports fell by 4.6% in July 2025, with pharmaceuticals heavily impacting the decline. Analysts had predicted a 1.8% drop. Despite a free-trade agreement with the U.S., ...