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Category: BUSINESS

Posted on 30/10/2023

Malaysia, Singapore in agreement to improve business development fund financing

PETALING JAYA: Malaysia and Singapore had signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund (MSBDF) agreement for third countries.

Posted on 30/10/2023

Singapore, Malaysia to deepen business links following PM Lee and Anwar’s annual retreat

SINGAPORE and Malaysia have agreed to deepen business collaborations at an annual retreat between leaders of the two countries, who highlighted the need to strengthen ties amid global uncertainty. Read more at The Business Times.

Posted on 30/10/2023

Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business

Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023. This was primarily attributed to a higher level of dividends received from quoted securities as the company expanded its investments in these securities.

Posted on 30/10/2023

Johor-Singapore Special Economic Zone MOU to be signed in January

SINGAPORE and Malaysia aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) next January, leaders of both countries said at an annual retreat on Monday.

Posted on 30/10/2023

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million: Our Bureau, Bengaluru Monday, October 30, 2023, 16:10 Hrs [IST] Strides Pharma Sc

Posted on 30/10/2023

Singapore’s economic growth to pick up pace in 2024, inflation to ease after GST-driven rise: MAS

The economy should benefit as the global tech industry slowly recovers and global interest rates level off. Read more at straitstimes.com.

Posted on 30/10/2023

Inflation in Singapore has eased but MAS ‘not declaring victory yet’: Central bank chief

In an interview with CNA, outgoing MAS chief Ravi Menon also explains why he does not foresee a global recession in 2024.

Posted on 30/10/2023

Singapore’s biggest money laundering probe reveals web of corporate links, some more than 6 years old

SUSPECTS in Singapore’s S$2.8 billion money laundering case have been incorporating companies in the country since January 2017, an analysis of corporate filings by The Business Times (BT) found. Read ...

Posted on 30/10/2023

Crypto Regulations in Singapore: Stringent Compliance Requirements

Check out crypto regulations in Singapore, its legal landscape, stringent compliance requirements, and commitment to innovation.

Posted on 30/10/2023

Singapore sees surge in Indian tourist arrivals

Indian travellers come to Singapore to enjoy the country's many new attractions but we think they also find affinity in our Indian culture and heritage and feel at home here.

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 ...

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