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Tag: business

Posted on 13/04/2024

Singapore recalls Samy instant Bak Kut Teh imported from Malaysia

Singapore has ordered a recall of Samy Instant Cooking Bak Kut Teh with Rice (Dry and Soup) after it was found to be imported into the country from an unapproved source in Malaysia. In a press ...

Posted on 13/04/2024

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

Posted on 12/04/2024

TON Foundation and HashKey Group Ink Strategic Partnership to Enable Seamless Crypto Adoption in Asia

Through the partnership, TON Foundation will leverage HashKey resources to enable seamless on/off ramping services for crypto users in Asia.

Posted on 12/04/2024

Do you need to pay tax on gains from selling property, shares or financial instruments in Singapore?

While Capital Gains Tax is not imposed in Singapore, there can be taxable gains from the sale of property. Find out more.

Posted on 12/04/2024

Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

Posted on 12/04/2024

Singapore’s economy misses forecasts with 2.7 percent growth

Gross domestic product (GDP) expanded 2.7 percent on-year, the Ministry of Trade and Industry said on Friday, faster than the previous three months but weaker than the 3.0 percent projected in a ...

Posted on 12/04/2024

Hong Kong digital assets exchange warns over viability of city’s new crypto rules

Digital coins remain highly popular in Hong Kong despite links to a series of freewheeling practices in the past. Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location ...

Posted on 12/04/2024

Singapore economic growth missed forecasts in first quarter

Singapore’s economy grew slower than expected in the first quarter, early data showed Friday, as a struggling manufacturing sector weighed on tourism spending from events including Taylor Swift’s ...

Posted on 12/04/2024

Crypto for Advisors: Are ETH ETFs Coming?

Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.

Posted on 11/04/2024

askST: New to filing income tax? Here’s a guide

The deadline for those filing their income tax returns electronically is April 18. Read more at straitstimes.com.

Posted on 11/04/2024

Time to make it listed firms’ business to tackle undervalued shares to revive S’pore’s stock market

This is one of Sias’ 3 suggestions to tackle persistent undervaluation and bring confidence back. Read more at straitstimes.com.

Posted on 11/04/2024

Singapore loses appeal as MNC regional headquarters of choice, says report

The report said Nissin Foods Holdings in 2020 moved its Southeast Asian headquarters from Singapore to Thailand, which is also working to lure multinationals through tax incentives.

Posted on 11/04/2024

Malaysia and Thailand are giving Singapore competition in attracting multinational companies

Due to lower operational costs and more tax incentives, other nearby countries are becoming more attractive to Japanese and European companies ...

Posted on 11/04/2024

ADB sees Singapore growth accelerating and inflation slowing in 2024 to 2025

ADB said the Singapore economy will grow 2.4 per cent in 2024, up from 1.1 per cent in 2023. Read more at straitstimes.com.

Posted on 11/04/2024

More robust laws will help, not hurt, Singapore’s business-friendly reputation

BEING a country known for its business-friendly environment has its perks but is not without peril, as recent high-profile criminal cases ...

Posted on 11/04/2024

Three-quarters of German arms exports sent to Ukraine

From 1 January to 27 March, the German government approved the export of military goods worth at least €4.89 billion, nearly three-quarters of which – 72% or €3.54 billion – is intended for Ukraine.

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