Singapore’s financial regulator is looking to shorten the waiting time for wealthy people before they can manage assets in the Asian wealth hub, while also seeking to uphold tight standards, a senior ...
Singapore cuts queue time for global rich to set up family offices
Singapore has significantly reduced the waiting time for family offices seeking tax incentives to just three months, a move confirmed by MAS Deputy Chairman Chee Hong Tat. This initiative, coupled ...
Macquarie Is Said to Weigh Sale of Singapore Petrochemical Asset
Macquarie Group Ltd.’s asset management arm is considering selling its 50% stake in a chemical storage terminal at Singapore’s Jurong Island, according to people familiar with the matter.
Woman who allegedly filed fraudulent tax claims of over $1.4m handed 97 charges
The Malaysian was also charged with hindering IRAS officers in carrying out their duties. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore bank bonds can stand tall in 2H2025 on flight to quality
Singapore bank bonds are likely to retain their safe-haven status in 2H2025 as their asset quality can stay robust says ...
REUTERS NEXT – Singapore Must Develop Deeper Relationships With China, US, Europe: Home Affairs Minister
Shanmugam, who is also coordinating minister for national security, was speaking in an interview at the Reuters NEXT Asia summit in Singapore that covered trade issues as well as domestic concerns ...
Singapore Dollar, Other Asian Currencies Weaken Slightly Amid Risk-Off Mood
The Singapore dollar and most other Asian currencies weakened slightly against the U.S. dollar amid a risk-off mood.
Singapore man gets more than two years’ jail and fine of over S$4mil for scheme to evade $3.5mil in taxes on cars
SINGAPORE: A man involved in a scheme to under-declare to Singapore Customs the import values of vehicles, resulting in S$3.5 million in excise duties and GST evaded, has been dealt with.
Singapore retail sales likely to weaken in 2H2025 despite May rebound: RHB
Singapore’s retail sales rose 1.4% y-o-y in May, the fastest annual increase since January, lifted by a sharp rebound in motor vehicle sales. However, underlying momentum in the sector remains weak, ...
Having GIC as a cornerstone investor in NTT DC Reit’s IPO is a good move for the market too
THE listing by Japanese telecom giant’s NTT data centre real estate investment trust (Reit) is a welcome fillip for the local equities scene – it will be Singapore’s largest Reit initial public ...
Singapore stocks rise on July 7, with all eyes on trade deals as US tariff deadline looms
Markets are watching how trade deals are unfolding in the run-up to the end of the tariff truce. Read more at straitstimes.com. Read more at straitstimes.com.
UOB raises Vietnam’s GDP growth forecast to 6.9%
Singapore-based United Overseas Bank has revised its forecast for Vietnam’s 2025 GDP growth from 6% to 6.9%, following the country’s strong second-quarter performance.
Singapore Fintech Face API Access Hurdles: Report
Singapore’s efforts to position itself as a regional hub for Fintech face a critical stumbling block, as most Fintech firms say they cannot obtain the bank ...
IN FOCUS: Is it getting harder to use cash in Singapore – and does it matter?
"While e-payments adoption has grown over the years, most merchants in Singapore still accept cash. MAS’ aim is not to force a cashless society, but to enable individuals and businesses to enjoy the ...
ShopBack gains payment institution licence in Singapore
ShopBack, a platform specialising in shopping rewards and payments, has secured a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS). This licence enables ShopBack ...
Property tycoon Ong Beng Seng set for another pre-trial conference on July 23
Billionaire and hotelier Ong Beng Seng will have his case heard in court again on July 23 in a pre-trial conference. This follows a pre-trial conference on Tuesday morning (July 8) for the charges of ... ( read original story ...)