June, unlicensed firms that solely service customers outside Singapore will have to suspend or cease their unregulated activities.
Singapore’s Banking Hub Has a Corner Where Cash Is Still King
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns. Six days a week, ...
Tax Academy Singapore, ICAEW to advance expertise and innovation in taxation
The partnership aims to build a future-ready tax workforce. The Tax Academy Singapore (TA) and the Institute of Chartered Accountants in England and Wales (ICAEW) have signed a memorandum of ...
8 Best Asian Countries to Live in as a Foreigner: Tax-Friendly Havens
In a region where tradition meets innovation, the best Asian countries to live in as a foreigner continue to raise the bar.
Diverging fortunes in Singapore’s F&B scene as diners turn to cheaper options
SINGAPORE] Fortunes are diverging in the local dining scene, with restaurant takings on the decline but other food and beverage (F&B) outlets seeing some recovery, based on official data. Read more at ...
Singapore ranks amongst top fossil-fuel subsidisers in APAC
Singapore’s fossil fuel subsidies accounted for 12% of its GDP. Despite its early adoption of a national carbon tax and its ambition to become a green finance leader, Singapore continues to offer one ...
Singapore firms rake in most revenue among Southeast Asia’s top 500 companies
Singapore-based companies collectively generate more revenue than those from any other Southeast Asian country featured on Fortune’s ranking of the region's biggest 500 firms.
Singapore shares dip ahead of Fed decision; STI down 0.3%
Across the broader market, decliners outnumber advancers 243 to 212, as 822.1 million securities worth $905.7 million change hands. Read more at straitstimes.com. Read more at straitstimes.com.
3 men arrested over evasion of more than $800k in cigarette duties and taxes
A total of 7,500 cartons of duty-unpaid cigarettes were seized during the operation in Gul Drive. Read more at straitstimes.com. Read more at straitstimes.com.
EnterpriseSG, CapitaLand Investment launch challenge to foster, identify innovative retail concepts in Singapore
Winning brands will receive up to one year’s worth of free retail space in CapitaLand malls to pilot and showcase their concepts Read more at The Business Times.
BlackRock launches hedge fund for retail investors in Singapore and Hong Kong
SINGAPORE] BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset manager with US$11.6 trillion in assets under management ...
Retail competition aims to rejuvenate Singapore mall scene by offering free rent, financial support
SINGAPORE: Three retailers will get up to a year of free rent in prime shopping mall space and monetary support to pilot innovative concepts, as part of a competition aimed at rejuvenating Singapore's ...
Singapore’s private club 1880 shuts down
Private members' club 1880 located in Robertson Quay announced on Tuesday that it would close permanently due to 'declining patronage and spending.' ...
Economists cut Singapore’s 2025 growth forecast to 1.7% on geopolitical and trade tensions
The economists in the MAS survey also see growth stuck at 1.7 per cent in 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore MAS survey shows economists cut GDP, inflation forecasts and see more easing
SINGAPORE: Economists have lowered their forecasts for Singapore's growth and inflation this year and are expecting a further easing of monetary policy next month, a survey of forecasters by the ...
Three Malaysians arrested in Singapore for evading over RM2.69mil in cigarette duty and tax
Three Malaysian men have been arrested for suspected evasion of S$812,384 (RM2.69 million) in cigarette duty and Goods and Services Tax (GST) following an enforcement operation at Gul Drive.