The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.
Singapore tax clarification clouds returns from leveraged FCNR deposits: Report
Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...
Crypto News: MemeToro Publishes Open-Source Framework Supporting Transparent AI-Powered Token Launches
According to the company, the AI Meme Launch Agent is being developed to continuously analyze cryptocurrency news, market trends, and social sentiment before generating complete memecoin concepts.
Is Singapore still competitive in a world with a global minimum tax?
Iras has now moved. From 2026 onwards, uncharged and merely notional stock-compensation costs may be left out of the Singapore entity’s taxable service income, even as they remain in the base on which ...
Web3 Is A Joke Unveils “Roast of Crypto & AI,” a New Comedy Event Coming to Token2049 Singapore Week
Web3 Is A Joke is the company behind the Roast of Crypto & AI, a standalone comedy and entertainment event built for Token2049 Singapore week. The show brings professional comedic talent to a crypto ...
Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE
A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. While the bill has been drafted ...
Asia’s wealthy aren’t selling crypto, but they’re buying this instead
The digital assets sector isn’t receiving much interest from wealthy asset holders across Asia. While high-net-worth clients in Malaysia and Singapore are still holding onto crypto assets in their ...
HTCO Announces Ten-Year Extension of Singapore MSI-AIS Maritime Tax Exemption Through 2035
MSI-AIS Award Extended Through 2035, Providing Long-Term Tax Certainty and Enhancing Competitive Position in Global Shipping ...
Crypto treasury firms pivot to AI in bid to win back investors
The implosion of the once-hot market for cryptocurrency treasury stocks is prompting several firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working.
Singapore’s Triple-A Reports $11.8M Cryptocurrency Treasury Breach
Singapore crypto firm Triple-A confirms $11.8M treasury wallet breach. Client funds unaffected as investigation continues with police and forensics teams.
‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariff
Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.
‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariffs
Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.
Monetary Authority of Singapore tightens exchange rate policy as energy-driven inflation pressures mount
MAS increased the Singapore dollar appreciation rate by 50 basis points to counter energy-driven inflation from Strait of Hormuz shipping ...
HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion
HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.
FCNR scheme: Withholding tax fear haunts US, Singapore NRIs
Non-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes threaten to diminish their net returns from leveraging FCNR ...