Infosys faces a penalty of over Rs 66 lakh from the Inland Revenue Authority of Singapore related to GST payments. Simultaneously, Infosys plans to ac ...
Singapore tax authority fines Infosys ₹66 lakh over GST payment
According to data shared by Infosys on late Wednesday evening, the Inland Revenue Authority of Singapore, which administers and collects taxes, has levied the penalty of 97,035.9 SGD, which pertains ...
Infosys Fined Rs 66 Lakh by Singapore Tax Authority
Singapore tax authority fines Infosys Rs 66 lakh for GST payment delay. Impact on financials is immaterial, says Infosys.
Made In Singapore: Charles & Keith’s risks and rewards strategy of doing business in crisis
In this series on the Singaporean roots of global creations, revisit the story of Singapore's most successful fashion export. Read more at straitstimes.com. Read more at straitstimes.com.
Trump tariffs hit S’pore, may threaten jobs after crashing local exports to lowest level in 6 yrs
The US tariffs are already having an effect, with Singapore's local exports to the country hitting a six year low.
Singapore key exports rise 7.1% in Q2 but full-year forecast unchanged as tariff fears simmer
The trade agency still expects growth in key exports to come in at the lower end of its 1%-3% forecast in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore banks see H1 profit ease on margin, tax pressures
The big three’s profitability moderated from peal levels, noted Moody’s Ratings. Singapore’s three largest banks reported slightly lower profitability in the first half of 2025, compared to the period ...
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
SINGAPORE] The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of 2025, representing a year-on-year growth of 7.7 per ...
Singapore companies improve slightly on corporate governance; Sats retains top spot in key index
SINGAPORE] Companies listed on the Singapore Exchange have slightly improved their corporate governance practices and transparency in financial disclosures, going by an annual scorecard developed by ...
‘Business has increased by 30%’: Local drivers see improvement amid LTA enforcement against illegal ride-hailing services
As Singapore ramps up enforcement efforts against drivers providing illegal ride-hailing services within the country and across the border, local licensed drivers are reportedly seeing their business ...
Ninja Van slashes Singapore workforce by 12%
Singapore’s logistics company Ninja Van has cut its Singapore workforce by around 12%, its third round of layoff since last year.
Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges
South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money was ...
Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud ...
Do Kwon pleads guilty to US fraud charges in US$40 billion crypto collapse
The South Korean founder of Singapore-based Terraform Labs was behind the TerraUSD and Luna digital currencies.
Do Kwon may plead guilty in US case over $51 billion collapse of Singapore-based Terraform
Implosion of Terraform’s TerraUSD stablecoin shook the crypto world in 2022. Read more at straitstimes.com. Read more at straitstimes.com.
Crypto Venture Capital Trends In Q2 2025: Mining Firms Lead The Way
Venture capital investment in crypto & blockchain startups dropped by 59% in Q2 of 2025, with $1.976B raised across 378 deals, partly due to absence of large transactions.