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.
Singapore launches economic strategy review to stay competitive amid global, tech shifts
SINGAPORE: Singapore announced on Monday (Aug 4) that it will undertake a review of its economic strategy amid structural shifts, including geopolitical realignments and technological disruptions.
Billionaire Ong pleads guilty in Singapore political gift scandal
A billionaire best known for bringing Formula One night racing to Singapore has pleaded guilty in relation to a scandal to supply one of the city-state’s most senior politicians with luxury gifts.
F1 tycoon pleads guilty in rare Singapore corruption case
A billionaire hotelier is set to plead guilty to abetting offences in a rare corruption case that gripped Singapore and landed a former minister in jail.
Fresh grads still in demand at Singapore’s professional services firms, despite gloomy job market
SINGAPORE] Professional services firms in Singapore are keeping graduate hiring steady – or even raising it – in 2025, defying broader concerns about a softening job market for fresh university ...
Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore remains at 10%
A senior US official said the tariff rate will be 10% for trade partners the US enjoys a trade surplus with. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s exports to face continued 10% US tariff as MTI confirms no change under new order
Singapore’s exports to the US will remain subject to a 10% baseline tariff under a new executive order. The Ministry of Trade and Industry (MTI) confirmed on Friday that it has verified this with the ...
Property ‘decoupling’ illegal if done solely to avoid taxes: High Court
Owners can potentially face two sets of tax penalties if the decoupling is merely a sham arrangement to still co-own that same property Read more at straitstimes.com. Read more at straitstimes.com.
ICJ’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans
Amid geopolitical turmoil, the top court reaffirmed states’ legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore shares on longest losing streak since April; STI falls 0.5%
SINGAPORE] Local stocks fell for the sixth consecutive session on Friday (Aug 1), notching their longest losing streak since Apr 9, as most markets in Asia closed lower following the United States’ ...
MTI confirms that Singapore remains subject to 10% baseline tariff on exports to US
SINGAPORE] The Republic will continue to be subject to a 10 per cent baseline tariff on exports to the US, said Singapore’s Ministry of Trade and Industry (MTI) on Friday (Aug 1). Read more at The ...
Singapore SMEs are at risk if lawsuits or business disruptions hit, as many opt for minimum coverage
Most of them do not get coverage beyond what is compulsory. Read more at straitstimes.com. Read more at straitstimes.com.
US tariff on S’pore exports likely to remain at 10%
U.S. President Donald Trump and the White House announced on Aug. 1 that the "universal tariff" for goods entering the U.S. will remain at 10 per cent, which was the same number he announced on ...
Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore likely to remain at 10%
Senior US officials said that the tariff rate will be 10 per cent for trade partners the US enjoys a trade surplus with. Read more at straitstimes.com. Read more at straitstimes.com.
Top court’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans
Amid geopolitical turmoil, the top court reaffirmed states' legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.
Inside BYDFi: Singapore-based Cryptocurrency Exchange Powering Over 1 Mn Global Traders with 900+ Coins
Singapore-based BYDFi lets over 1 million users trade 900+ cryptocurrencies across 190+ countries with features: spot trading, copy trading, demo trading, and trading bots.