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Posted on 19/02/2024

Singapore introduces new Section 10L to tax gains from the sale or disposal of foreign assets

Historically, Singapore does not tax capital gains. Only gains which are “income” in nature are taxed.However, from January 1, 2024 onwards, Singapore has intro ...

Posted on 19/02/2024

Refundable Investment Credit, strong fiscal position will give Singapore edge: tax experts

WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...

Posted on 19/02/2024

Singapore airfares set to rise on sustainable aviation fuel levy: ‘there will be a cost’

The levy will vary depending on factors such as the length of the flight and whether the passenger is flying in economy, Singapore’s government said.

Posted on 19/02/2024

Outbound travellers from Singapore to pay levy from 2026 as part of sustainable air hub drive

TRAVELLERS departing Singapore will have to fork out more for their air tickets from 2026 because of a levy that will be imposed due to a requirement for flights to use sustainable aviation fuel. Read ...

Posted on 19/02/2024

With no Boeing passenger jets at the Singapore Airshow, Airbus and China take centerstage

While there will be aerial displays of commercial liners by Airbus and China’s Comac C919, Boeing will not have any commercial aircraft at the Singapore Airshow.

Posted on 19/02/2024

Singapore to invest S$1bn in AI over five years

The funding will go towards compute, talent, and industry development to support Singapore’s national AI strategy ...

Posted on 19/02/2024

Singapore Sees ‘Challenging’ Trade Climate Regardless of Trump

Singapore must be prepared for a more challenging trade environment going forward regardless of who wins the US presidential election in November as the city-state seeks a place in what its top trade ...

Posted on 19/02/2024

Singapore bags $750m in aerospace investment projects, sector to hire 2,500 more workers: EDB

The aerospace industry is expected to hire more than 2,500 workers here over the next three to five years to support the sector's continued growth. These new jobs include operator, technician, ...

Posted on 19/02/2024

Here’s The Salary You Need To Earn To Afford These Homes In Singapore [2024 Edition]

You are subjected to the MSR (30%) when buying HDB flat and first-hand EC, while the TDSR (55%) is applied for financing private properties. ( read original story ...)

Posted on 19/02/2024

China will showcase its domestic jetliner at the Singapore Airshow. Here’s what else to expect

The Singapore Airshow this year is gearing up to showcase Chinese aircrafts, as the city state hosts one of Asia's largest aerospace and defense events.

Posted on 19/02/2024

Singapore start-up plans to produce reclaimed carbonfibre from end-of-life jets

Singaporean start-up Nandina REM will begin producing aerospace-grade carbonfibre from materials reclaimed from retired aircraft, a move it believes will help cut emissions from the production process ...

Posted on 19/02/2024

Malaysians seeking lucrative Singapore jobs warned to be wary of scams

Multiple reports of people being duped by false promises of work led to the warning from Malaysia’s envoy to the city state.

Posted on 19/02/2024

Chinese C919 attends Singapore Airshow rehearsal

SINGAPORE, Feb. 18 (Xinhua) -- Chinese passenger jet C919 made a rehearsal flight Sunday in Singapore to prepare for the upcoming airshow. Five aircraft developed by the Commercial Aircraft ...

Posted on 19/02/2024

Flights departing Singapore required to use sustainable aviation fuel from 2026

SINGAPORE: Flights departing from Singapore will be required to use sustainable aviation fuel from 2026, in a move aimed at progressively decarbonising airline operations.

Posted on 19/02/2024

Singapore Stock Market Due For Consolidation On Monday

The Singapore stock market has finished higher in two straight sessions, advancing almost 85 points or 2.8 percent along the way. The ...

Posted on 19/02/2024

Sustainable Air Hub Blueprint sets out Singapore’s route to net-zero aviation by 2050

THE new Singapore Sustainable Air Hub Blueprint sets out the country’s plans to reach net-zero aviation emissions by 2050, with 12 initiatives in areas from sustainable fuel to efficient air traffic ...

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