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Tag: business

Posted on 27/09/2024

IRAS penalizes over 4,700 companies for late or missed tax filings in 2023

The total penalties incurred from failure to file tax filings reached over $4.9m. In 2023, over 4,700 companies were prosecuted for late or non-filing of Corporate Income Tax (CIT) Returns, incurring ...

Posted on 27/09/2024

Over 4,700 companies prosecuted in 2023 for failing to file tax returns or doing so late: Iras

SINGAPORE – Over 4,700 companies were prosecuted in 2023 for failing to file their tax returns or doing so late, said the Inland Revenue Authority of Singapore (Iras) on Sept 26. The total penalties ...

Posted on 27/09/2024

One of a kind: How three Singapore professionals carved out niche careers

Water sommelier, bow-maker and intimacy coordinator are some of the highly niche jobs in Singapore. Read more at straitstimes.com.

Posted on 27/09/2024

Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer's $500K in cash: Asia Express.

Posted on 27/09/2024

Over $412 Million Lost to Crypto Hacks in Q3: Immunefi

Immunefi reports $412M in Q3 2024 crypto losses, down 40% from 2023. CeFi hit hardest, with two exchanges losing $287M.

Posted on 27/09/2024

Singapore firms staggered by costs and training needs in digital push

A survey of 529 companies over six weeks from May 23 initiated by the Singapore Business Federation (SBF) identified these challenges as major roadblocks to digitalisation. Small and medium-sized ...

Posted on 27/09/2024

U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO

The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.

Posted on 26/09/2024

Over 4,700 companies prosecuted in 2023 for failing to file their tax returns or doing so late: Iras

SINGAPORE – Over 4,700 companies were prosecuted in 2023 for failing to file their tax returns or doing so late, said the Inland Revenue Authority of Singapore (Iras) on Sept 26. The total penalties ...

Posted on 26/09/2024

Singapore stocks continue to falter, buck regional trend; STI down 0.03%

“A continued tight policy by the Monetary Authority of Singapore should keep the Singapore dollar supported, raising market appeal.” THE BUSINESS TIMES Join ST's Telegram channel and get the latest ...

Posted on 26/09/2024

Singapore court grants 4-month moratorium to WazirX after $230 mn hack

WazirX, whose parent company, Zettai, is based in Singapore, applied for restructuring at a Singapore court on August 23 ...

Posted on 26/09/2024

Over 4,700 companies prosecuted in 2023 for late or non-filing of tax returns: Iras

MORE than 4,700 companies were prosecuted in 2023 for late or non-filing of tax returns, amounting to total penalties that exceeded S$4.9 million, said the Inland Revenue Authority of Singapore (Iras) ...

Posted on 26/09/2024

Singapore Court Grants WazirX Four-Month Conditional Moratorium: Source

had filed an application with the Singapore High Court for a six-month moratorium. The hacker behind that July hack has nearly finished laundering the stolen funds, using Tornado Cash to obscure the ...

Posted on 26/09/2024

Singapore investors are more conservative than peers in Asia and the Middle East

In terms of asset classes, majority of investors in Singapore hold stocks and equities. Read more at straitstimes.com.

Posted on 26/09/2024

Malaysia generating enough energy surplus for big development projects and exports, PM says

Malaysia is generating enough energy surplus to power new major development projects as well as grow its exports, its prime minister said on Thursday, as it looks to court investors to a special ...

Posted on 26/09/2024

Sea sand exports: Singapore gains, Indonesia loses

Singapore's land expansion continues to demand large quantities of raw materials, and Indonesia, particularly the Natuna Sea, offers a convenient and cost-effective solution. Due to this geographic ...

Posted on 26/09/2024

BItMEX Founder Arthur Hayes Says Next Presidential Administration Irrelevant for Crypto – Here’s Why

BitMEX founder Arthur Hayes says it doesn't matter to the crypto industry who wins the upcoming presidential election.

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