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Tag: business

Posted on 04/04/2024

Singapore industrial rental index hits highest annual growth in 11 years

This means an overall growth of 8.9% in 2023, accelerating from the 6.9% registered in 2022 and the highest annual growth recorded since 2012. The price index rose by 0.6% q-o-q, also a slight ...

Posted on 04/04/2024

Singapore man gets death penalty for 4.5kg of cannabis he said was for ‘research’

Seet Poh Jing had developed a fascination with cannabis, his lawyers argued. Beyond consuming it, he was interested in the cultivation and potential uses of cannabidiol, a substance derived from the ...

Posted on 03/04/2024

President for promoting trade, business linkages with Singapore

ISLAMABAD (APP) - President Asif Ali Zardari on Wednesday urged Pakistan’s High Commissioner to Singapore to work for the promotion of bilateral trade and business linkages with Singaporean businesses ...

Posted on 03/04/2024

Singapore stocks slide on April 3, STI retreats 0.8%

SINGAPORE – Declines on Wall Street overnight sparked by renewed inflation concerns put local investors on the defensive on April 3.

Posted on 03/04/2024

BNP Paribas to Cut Space in Singapore Tower as High Rents Bite

BNP Paribas SA is set to give up space in a prime office tower in Singapore amid rising commercial rent in the financial hub, according to people familiar with the matter.

Posted on 03/04/2024

Singapore must not view residents, foreigners as ‘a zero-sum game and draw divides’ :Tan See Leng

So we must not view residents and foreigners as a zero-sum game and continue to draw divides,” Tan said in Parliament on Tuesday.  “Thriving businesses with access to complementary foreign talent will ...

Posted on 03/04/2024

Framework to help emitters cope with carbon tax delayed, details could take a year: Tan See Leng

SINGAPORE – A framework meant to help carbon tax-liable firms cope with the higher tax rate that kicked in from 2024 is still in the works. Read more at straitstimes.com.

Posted on 03/04/2024

‘Singapore Solution’ tax scam: Swiss executive spared jail time

Daniel Walchli, 56, pleaded guilty last year to a single count of conspiracy to defraud the US for his role in setting up a structure for American clients of Privatbank IHAG to evade scrutiny by tax ...

Posted on 03/04/2024

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...

Posted on 03/04/2024

Singapore shares dip at Wednesday’s open—STI dropped by 0.7%

SINGAPORE: Singapore shares dipped at Wednesday’s open, mirroring overnight declines on Wall Street. The decline... The post Singapore shares dip at Wednesday’s open—STI dropped by 0.7% appeared first ...

Posted on 03/04/2024

Swiss banker gets no prison in ‘Singapore Solution’ tax scam

He took part in a scheme to help wealthy US clients hide more than US$60 million in assets. Read more at straitstimes.com.

Posted on 03/04/2024

Public companies are Isetan (Singapore) Limited’s (SGX:I15) biggest owners and were rewarded after market cap rose by S$172m last week

Key Insights The considerable ownership by public companies in Isetan (Singapore) indicates that they collectively ...

Posted on 03/04/2024

Singapore hotelier makes room for stays that help with biodiversity

CEO Choe Peng Sum also aims to move Pan Pacific Hotels Group's properties closer to being zero-energy. Read more at straitstimes.com.

Posted on 03/04/2024

Singapore fortifies crypto regulations to lead the global marketplace

Singapore has made progress in its regulatory framework for the engaging cryptocurrency industry, evidenced by its changes to its offense of payment services that involve custody of digital assets and ...

Posted on 02/04/2024

Singapore to prescribe list of regulatory fees not subject to GST; remaining fees to be taxed after 2025

SINGAPORE will prescribe a list of government fees that will not be subject to the goods and services tax (GST), with ...

Posted on 02/04/2024

Singapore expands crypto rules, now covers custody and payments

Singapore's financial regulator has released an expansion to its crypto framework. It will now oversee rules on custody and payments.

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