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Posted on 03/08/2023

Australia’s upcoming global minimum tax is intended to stop offshore tax evasion. There are doubts it will work

In 2016, reportedly half of US corporate profits were stashed in seven countries with low tax rates: Bermuda, the Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland. In ...

Posted on 03/08/2023

Singapore is building technology it needs for a new climate era

SINGAPORE has gone from a mudflat swamp with fishing villages to an island metropolis boasting one of the world’s highest incomes and population densities in a little more than 150 years. It’s going ...

Posted on 03/08/2023

Singapore PM admits ruling party ‘has taken a hit’ from scandals

Singapore's Prime Minister mounted a vigorous defence of his long-ruling People's Action Party on Wednesday, even as he acknowledged it had "taken a hit" after a rare spate of political scandals. Lee Hsien Loong vowed, however, to "show Singaporeans that ...

Posted on 03/08/2023

Mom Who Apparently Jumped Off Royal Caribbean Cruise Ship Near Singapore Has Died, Family Says

A woman is presumed dead after seemingly going overboard while traveling on a Royal Caribbean cruise ship this week

Posted on 03/08/2023

SG’s Keppel Corporation, HSBC HK Seal MOU for Carbon Reduction Co-op

Keppel Corporation, through its infrastructure division Keppel Infrastructure, and HSBC Hong Kong signed a Memorandum of Understanding (MOU) in Singapore on 24 July to explore coll... Keppel ...

Posted on 03/08/2023

Singapore’s PMI edges up in July but remains contractionary for 5th straight month

SINGAPORE’S Purchasing Managers’ Index (PMI) reading inched up 0.1 point in July to 49.8, posting a slower contraction than June’s 49.7 reading, data from the Singapore Institute of Purchasing and ...

Posted on 03/08/2023

Singapore Manufacturing Activity Gauge Improved Slightly in July

Singapore's manufacturing activity shrank at a slower pace in July, mainly due to a deceleration in the contraction of ...

Posted on 03/08/2023

Indian woman who went missing from cruise ship sailing out of Singapore is dead: Son

The 64-year-old Indian woman who had gone missing after she fell overboard from a ship as it sailed through the Strait of Singapore

Posted on 02/08/2023

Singapore’s PM defends governance after scandals

Singapore’s prime minister has defended its reputation for clean governance after a corruption investigation and an “inappropriate” parliamentary relationship tarnished the city-state’s image just as ...

Posted on 02/08/2023

Singapore’s rental price growth slows in Q2, easing affordability concerns

Singapore's rental price growth slowed in Q2, with an index of private residential prices rising 2.8% from the previous three months. ( read original story ...)

Posted on 02/08/2023

Singapore’s Lee slashed arrested minister’s pay

Opposition lawmakers are also asking if the government received any requests from the UK related to Formula One mogul Bernie Ecclestone’s alleged undisclosed assets of $650 million in a Singapore bank ...

Posted on 02/08/2023

Singapore’s PAP, opposition trade barbs over ‘less than upfront’ handling of political scandals

Opposition chief Pritam Singh claims the government was slow to release information on events that put the ruling party in a bad light PAP lawmakers hit back, with PM Lee saying Singh's remarks are akin to 'pursuing a red herring' Singapore's ruling party and opposition lawmakers on Wednesday traded recriminations over the country's recent series

Posted on 02/08/2023

Cheques, passbooks and 1-cent coins: 5 ways money and banking transactions have changed in Singapore

Amid falling cheque usage and higher processing costs, banks in Singapore will start charging customers for issuing Singapore dollar-denominated cheques by November.

Posted on 02/08/2023

Property cooling measures freezes foreign buyers activity

property analysts said. Additionally, Singapore Residents and Permanent Residents were ‘encouraged’ by the cooling measures introduced in April to prioritise buying for occupancy or risk higher rates. ( read original story ...)

Posted on 02/08/2023

3 Singapore Blue Chip Stocks That Raised Their Year-on-Year Dividends

We throw the spotlight on three blue-chip stocks that recently upped their dividends. United Overseas Bank, or UOB, is Singapore’s third-largest bank by market capitalisation. The lender is enjoying a ...

Posted on 02/08/2023

Singapore’s core inflation would have peaked at 7.2% if not for MAS’ policy moves: Alvin Tan

HAD the Monetary Authority of Singapore (MAS) not moved to tighten monetary policy since October 2021, core inflation would have reached 7.2 per cent year on year at its peak. This is 1.9 percentage ...

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