Singapore first tapped its reserves in 2009, taking out $4.9 billion to support the economy during the global financial crisis. Over a decade later, it drew on the reserves during the pandemic, ...
Five ministers to helm new Economic Resilience Taskforce to help S’pore navigate US tariffs
The taskforce includes representatives from NTUC, SBF and SNEF. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore SMEs enter contraction territory in Q1 2025 amid global uncertainty: OCBC
SINGAPORE] The Republic’s small and medium-sized enterprises (SMEs) slipped into contractionary territory in Q1 2025 for the first time since Q1 2024, the latest OCBC SME Index report released on ...
6 Best Crypto Exchanges in Singapore For 2025
Explore the top crypto exchanges in Singapore with our detailed review to compare their features, fees, security & more.
I-T dept sends notices to startups over funding from Singapore: Report
The tax department issued notices under Section 68 of the I-T Act to justify the funds received in the last 5 years, the newspaper said citing sources ...
In wake of Trump tariffs, Asean exporters should diversify away from US reliance: panellists
SINGAPORE] Beyond the immediate impact of US tariffs, both Singapore and the wider region must start preparing for deeper shifts in the global trade landscape, said panellists in two recent online ...
GE2025: Singapore set to go to the polls on May 3, after Nomination Day on Apr 23
Singapore's general election will be held on May 3, with the Saturday to be declared a public holiday Read more at The Business Times.
Trump tariff-hit Singapore stares at technical recession, Q1 data lower than expected
Singapore is staring at a technical recession this year as economic growth is set to contract as a result of US President Donald Trump’s tariffs ...
Saved ₹1.35 crore in taxes? NRI slips through capital gains net using one mutual fund loophole
The case began when an NRI tax resident in Singapore declared capital gains of ₹1.35 crore for FY 2021–22: ₹88.75 lakh from debt mutual funds and ₹46.91 lakh from equity mutual funds. She sought tax ...
Explained: Will NRIs be liable for capital gains tax on mutual fund sales in India?
The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds for the financial year 2021–22.
More than S$400,000 lost to phishing scams impersonating OneMotoring
In September last year, at least S$28,000 were lost to phishing scams impersonating OneMotoring in less than three weeks. For those cases, victims received emails, purportedly from OneMotoring, about ...
$407,000 lost since December 2024 in OneMotoring phishing scam resurgence in Singapore
At least 37 cases have been reported since December 2024. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore businesses must move strategically to get on winning side of tariff war
THE deluge of latest developments in tariffs announced by the US, and the resulting countermoves from its trade partners, have made global trade more complex and uncertain. Read more at The Business ...
Singapore shares and STI close higher on Monday, mirroring regional indices
SINGAPORE] The Straits Times Index (STI) closed higher, mirroring most regional indices on Monday (Apr 14). Read more at The Business Times.
Singapore Cuts Growth Forecast, Eases Policy Settings as Tariffs Dim Outlook
Singapore’s central bank eased its monetary policy for a second time amid the weakening external global economic outlook.
Demand for Singapore goods and services set to fall as global growth weakens
Local stocks plunged 8.2 per cent during week despite some respite on April 9. Read more at straitstimes.com. Read more at straitstimes.com.