Offenders may face fines of up to 40 times the amount of duty and GST evaded, imprisonment of up to six years, or both.
Viral post triggers India vs Singapore work culture debate after man says, ‘Had to invent tragedy to get Friday off’
A machine learning engineer working in Singapore said he no longer has to “invent tragedies” just to take a Friday off. Instead of requesting time off with excuses, he said he simply informs his ...
DBS recognised as Global Bank of the Year by The Banker; bets big on investment in new tech
DBS has been named Global Bank of the Year 2025 by The Banker, part of the Financial Times Group, at the publication’s annual Bank of the Year awards announced on December 4. This is the bank’s third ...
The Clementi Mall sale: Property firm Elegant Group and the family behind it
Elegant Group is linked to Guangzhou’s Grantral Group, believed to be run by the Zhao family. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Singapore hotels are shifting towards equilibrium: DBS
DBS Group Research is in the view that Singapore hotels are shifting towards an equilibrium in a Dec 6 report. The country’s tourism rebound is currently entering a “late-cycle phase”, with Ytd ...
Singapore consumer watchdog raps Courts, Prism+ for misleading website features
The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims Read more at The Business Times.
Inside the 25 days that changed Singapore and Malaysia’s fate
Singapore’s split from Malaysia in August 1965 was set in motion by an off-the-cuff suggestion from Goh Keng Swee, then Singapore’s finance minister, ...
SEA Games 2025: Singapore clinch first medal with badminton women’s team bronze
Singapore will take on defending champions Indonesia in the men’s team semi-final later in the day. Read more at straitstimes.com. Read more at straitstimes.com.
Soh Rui Yong completes ‘Double-Up’ challenge at Standard Chartered S’pore Marathon
The 34-year-old claimed his sixth consecutive national marathon crown, just a day after winning the half-marathon national title. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC Unit Invests in Singapore Steel Producer to Support $1.5B Project
The funding was extended by OCBC's mezzanine capital unit to Singapore-based Green Esteel, which focuses on low-carbon steel production and prefabrication. The investment amount wasn't disclosed.
OCBC invests in BRC Asia’s controlling shareholder Green Esteel to power US$1.5 bil low-carbon steel project
The plant will form part of Southeast Asia’s largest integrated low-carbon steel plant and is scheduled for commissioning by 2030.
Singapore’s largest inland contraband cigarette haul of 2025: S$1.87m tax evasion case leads to four arrests
Singapore Customs has seized more than 17,000 cartons of untaxed cigarettes in what officials say is the largest inland enforcement haul of the year, ...
Singapore Customs seizes largest inland haul of contraband cigarettes this year, over $1.87m in taxes evaded
A total of 17,279 cartons of duty-unpaid cigarettes and a van were seized by Singapore Customs in its largest inland haul this year, with the total duty and Goods and Services Tax (GST) evaded ...
China’s ChemLex unveils in Singapore an AI-powered drug discovery lab run by robots
The mix of AI and robotics can collect enough data in one day that takes conventional labs 3 years. Read more at straitstimes.com. Read more at straitstimes.com.
Albatross File reveals Malaysia-Singapore power struggle; Pregnant DBS banker foils $200k scam despite victim yelling at her: Singapore live news
The Albatross File shows Singapore’s independence was a planned "bloodless coup". Pregnant DBS banker Fionice Teoh foiled a $200,000 scam despite hostility from the victim.
Heavily pregnant DBS employee saves elderly woman from being scammed
A heavily pregnant DBS employee saved an elderly woman from losing over $200,000 to scammers through quick thinking and intervention. Read more at straitstimes.com. Read more at straitstimes.com.