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Category: BUSINESS

Posted on 06/08/2025

Father-son duo in dock over RM595m GST fraud in Singapore

S INGAPORE — A father and son have been charged in Singapore over their alleged roles in a massive Goods and Services Tax (GST) “missing trader fraud” scheme involving about S$181 million (RM595 ...

Posted on 06/08/2025

CFTC seeks to allow spot crypto trading on registered exchanges

The U.S. Commodity Futures Trading Commission (CFTC) said on Monday it would launch an initiative to allow for trading of spot crypto asset contracts listed on a futures exchange registered with the ...

Posted on 06/08/2025

SG60: How Singapore’s SMEs are shaping a sustainable future for Asean

THE Singapore story is one of pragmatism, adaptability and entrepreneurial spirit, and nowhere is this better reflected than among the small and medium-sized enterprises (SMEs) that constitute more ...

Posted on 06/08/2025

Small public companies snap up ether in new crypto gold rush, even as risks linger

Some companies are favoring ether over bitcoin as an inflation hedge as the cryptocurrency hits a sweet spot between affordability and credibility.

Posted on 05/08/2025

‘Time is now’ for US to lead global crypto race, says CCI chief

The SEC and CFTC turf war over crypto ends with the White House digital assets report, and the US is sprinting to claim the lead in the crypto race.

Posted on 05/08/2025

I-T officials investigating Jane Street for tax treaty breach; Singapore link under scrutiny: Report

Indian tax authorities are investigating Jane Street for potential tax treaty violations, suspecting the firm routed profits from Indian derivative trades through Singapore entities. This inquiry ...

Posted on 05/08/2025

India’s tax department investigating Jane Street over possible tax treaty misuse, sources say

India's tax authorities are investigating whether Jane Street violated tax laws by booking profits via its Singapore entities on its derivative trades in the Indian market, three sources briefed on ...

Posted on 05/08/2025

Jane Street under I-T dept scanner for potential tax violation via Singapore entities

India's tax authorities investigate US trading firm Jane Street for potential tax law violations and price manipulation allegations.

Posted on 05/08/2025

ICAEW: Singapore’s exports growth to slow in H2 2025, most vulnerable …

With exports accounting for 124% of Singapore’s GDP, the expected weakening of the global exports outlook will also weigh on the local economy. Early signs of this spillover effect are already ...

Posted on 05/08/2025

Singapore shares boosted by retail sales growth; STI up 0.3%

Across the broader market, advancers outnumber decliners 297 to 218. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

Added pillars emerge for Singapore-Vietnam trade

As Vietnam–Singapore trade accelerates, electronics, machinery, rice, and, renewable energy are set to anchor bilateral momentum.

Posted on 05/08/2025

Car ownership in Singapore is progressive through additional registration fee: MOT

Ministry was responding to a commentary in BT on introducing ABSD-like elements to the COE system Read more at The Business Times.

Posted on 05/08/2025

Crypto Derivatives Surge in 2025: Institutions and the Rise of Perpetual Futures

We look at the explosive growth of crypto derivatives in 2025, fueled by institutional adoption, perpetual futures, and the convergence of CEX and DEX platforms.

Posted on 05/08/2025

I swapped Britain for safe, clean, low-tax Singapore – and my happiness has soared

When I wake up to sunshine every morning and walk to work along Singapore’s clean, safe streets, I get goosebumps because life feels about as good as it can get right now.

Posted on 04/08/2025

Two men to be charged over suspected fradulent GST claims involving S$181 million in fake sales

One man allegedly submitted three fraudulent Goods and Services Tax refund claims to the Inland Revenue Authority of Singapore, to try and cheat it into disbursing S$11.8 million.

Posted on 04/08/2025

4 arrested after Singapore Customs seize over 4,000 cartons of contraband cigarettes

The total duty and goods and services tax (GST) evaded amounted to about $467,000. Read more at straitstimes.com. Read more at straitstimes.com.

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