Residential status at the time of acquiring the shares is not relevant for determining the tax implications on capital gains.
Singapore seen as ‘safe haven’ despite global trade risks
NODX forecast raised as strong exports offset tariff headwinds. Singapore’s trade outlook remains vulnerable despite an improved forecast for exports, according to RHB. Singapore’s economy is facing ...
Keppel to sell M1’s telco business to Simba for $1.43b, says deal expected to benefit consumers
Keppel will receive nearly $1 billion in cash proceeds for its 83.9 per cent effective stake in M1. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Tax
Budget 2024: Singapore to provide 50 per cent personal income tax rebate for Assessment Year 2024 In light of rising cost-of-living concerns, Singapore will provide a personal income tax rebate of 50 ...
Keppel to sell M1’s telco business to Simba for S$1.43 billion
SINGAPORE: Asset manager Keppel said on Monday (Aug 11) it will sell M1's telecom operations to operator Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion).
Keppel to gain $778 million from sale of 83.9% stake in M1’s telecom business
Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in subsidiary M1 Ltd, as the asset manager sells the unit's telecom business to ...
Keppel to sell M1 unit’s telco business to Simba Telecom
Singapore's Keppel said on Monday that it will sell the telecom business of subsidiary M1 Ltd to local company Simba Telecom, in a deal valuing the firm at S$1.43 billion ($1.11 billion), including ...
Singapore can deliver and thrive in a fragmented global economy: Morgan Stanley analysts
The Republic has a track record in adapting to a changing global economic environment, they say. Read more at straitstimes.com. Read more at straitstimes.com.
Sing60 celebrates 60 years of Singapore music at Fort Canning Park
SINGAPORE] This December, the hills of Fort Canning Park will come alive with the glow of stage lights and the thrum of bass, as Singapore throws itself another big birthday party before the year ends ...
Singapore’s projected data centre capacity growth lowest among Asia-Pacific: PwC report
SINGAPORE] Land limitations, as well as policies that support green data centres in Singapore, have constrained the city-state’s data centre capacity growth, indicated a recent PwC report. Read more ...
Singapore’s biggest corporate scandal – the criminal trial of Hyflux founder Olivia Lum and five others starts on Moday (Aug 11)
Hyflux trial starts Monday, nearly three years after charges, Olivia Lum faces charges for omitting key Tuaspring project details.
Singapore raises salary limits for foreign skilled workers looking for work visa
Singapore has announced that the minimum qualifying wage for skilled foreign workers would be increased starting next month.
Singapore stock exchange seeks listings and deals for growth
Singapore’s fortunes have diverged from some other exchanges in the region, which have recorded high growth. Hong Kong’s stock exchange recently said it had 208 companies in its IPO pipeline, an ...
Singapore corporate tax regime: What’s ahead? – 商业时报
The current Singapore tax regime (unlike many other jurisdictions that tax income on a worldwide basis) is not adapted to address the above. Singapore currently adopts a quasi-territorial basis of ...
Singapore to remove online listings of vouchers meant to help with cost of living
Singapore’s community development councils (CDCs) plan to collaborate with e-commerce sites to remove listings of vouchers intended to ease cost-of-living pressures.
Singapore semiconductor firms are exposed to planned US tariffs, but impact may vary: analysts
SINGAPORE] Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of US semiconductor tariffs. However, the impact of the levy will vary based on each ...