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Tag: business

Posted on 18/04/2024

Key Singapore exports tumble 20.7% in March in bigger-than-expected fall

SINGAPORE: The country’s non-oil domestic exports declined by 20.7 per cent last month, a steeper fall than analysts had earlier predicted and the biggest decline since January 2023. Non-electronics exports were a large contributor to the decline.

Posted on 17/04/2024

How much is the income tax rate in Singapore?

What are the important things to note when filing income tax in Singapore? How much is the income tax rate? Find out here.

Posted on 17/04/2024

Do you have to pay tax on withdrawals from Supplementary Retirement Scheme (SRS) in Singapore?

When will you be taxed on withdrawals from the Supplementary Retirement Scheme (SRS) in Singapore? And how much? Find out.

Posted on 17/04/2024

Singapore key exports slump 20.7% in March, worse than expected

The drop was worse than the 7.4 per cent fall forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

Posted on 17/04/2024

Is Grab’s ride-hailing business future-proof?

SINGAPORE-BASED Grab undoubtedly leads South-east Asia’s ride-hailing sector, commanding around 70 per cent market share. Read more at The Business Times.

Posted on 17/04/2024

France hopes to develop green and digital shipping corridor with Singapore: French maritime chief

France hopes to develop a green and digital shipping corridor with Singapore, as part of cooperation on maritime sustainability, digitalisation and cybersecurity, said Eric Banel, France’s director ...

Posted on 17/04/2024

Bitcoin halving could lead to miners winding up or consolidating, say crypto players

In the longer term, growing adoption of the Bitcoin blockchain is needed for mining to continue. Read more at straitstimes.com.

Posted on 17/04/2024

Australia and Singapore combine for $20M maritime emissions initiative

Australia’s national science agency the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced Australia and Singapore have partnered on a $20 million initiative to reduce ...

Posted on 17/04/2024

Strengthening interaction: Singapore’s role in EU-Asean ties

SINGAPORE is Europe’s gateway to South-east Asia, not merely by geographical location but through deliberate, visionary strategies that position the city-state as a critical hub for international ...

Posted on 17/04/2024

When Big Law Buys Books of Business in Asia and Deep Pockets Backfire

McDermott, Will & Emery exited the Asia market in 2020, but a year later it set up in Singapore with some some highly extravagant team hires. Now, three years later, the firm has just one partner ...

Posted on 17/04/2024

Israel-Gaza war: as Singapore investigates latest anti-Israel protest, is there a ‘paradigm shift’ in domestic views?

In a rare act of defiance of strict laws governing demonstrations, supporters of the pro-Palestinian cause unfurled a banner at tourist attraction Gardens by the Bay In the last few months, political ...

Posted on 16/04/2024

Singapore Expands Payment Services Act to Include Token Custody and Transfers

The Payment Services Act (PS Act) in Singapore has been amended by the Monetary Authority of Singapore (MAS) to broaden the regulatory framework that applies to digital payment token (DPT) service ...

Posted on 16/04/2024

Three investment strategies to boost Singapore’s green lead

Singapore made US$913m worth of private green investments. Singapore leads the net-zero charge, but experts see room for three more decarbonisation strategies to further solidify its sustainability ...

Posted on 16/04/2024

Singapore leads in accelerating decarbonization efforts in Southeast Asia: report

The state could expand the list of qualifying projects under its carbon tax regime. Singapore was among the Southeast Asian countries that made great strides in reducing carbon emissions last year, ...

Posted on 16/04/2024

Bitcoin halving may lead to some sales, Crypto.com CEO says

BITCOIN selling may become evident as the date of the so-called halving nears but the event is set to bolster the price of the largest digital asset longer term, according to the head of the ...

Posted on 16/04/2024

Singapore gives workers right to request 4-day weeks, more work from home under new flexitime guideline

Employees will also be entitled to ask for other arrangements such as flexible work locations and staggered work timings come the end of this year.

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