India revises tax treaty with Singapore

NEW DELHI: India’s revised tax treaty with Singapore, aimed at checking round-tripping of funds, has come into force. While most clauses of the amended treaty signed on December 30 took effect from February 27, the principal clause allowing levy of ... ( read original story ...)

Singapore dollar on sets another record against Malaysian Ringgit

SINGAPORE: The Singapore dollar crossed another milestone against the Malaysian Ringgit, hitting a record high of S$1 to RM3.1728 around 1.50pm on Tuesday (Feb 28). This comes just four days after the Singdollar surpassed the RM3.16 mark. The exchange rate ... ( read original story ...)

Is business travel in Singapore getting more expensive?

A business trip costs an average of US$472 per day. Singapore has climbed up a notch from its previous rank to become the fourth most expensive location in the Asia Pacific for business travel, according to the latest Daily Rates research published by ECA ... ( read original story ...)

Singapore, China signs 15 MoUs to strengthen ties

SINGAPORE: Singapore deepened and broadened ties with China with the signing of four agreements and another 15 memorandums of understanding (MOUs). As per details, the four agreements are on the formation of a Sino-Singapore joint expert panel with the aim ... ( read original story ...)

Singapore manufacturing may show the way for future economy

Take a look at the underdog manufacturing sector and you may see what Singapore's economic restructuring can turn out to be, observers told The Business Times. Long deemed as being in decline, the sector's surprise output surge at end-2016 has suddenly ... ( read original story ...)

NUS Business School's leaner, meaner curriculum

Freshmen at the National University of Singapore (NUS) Business School this year will get first-hand experience in exercising flexibility, a core value of entrepreneurship. The business school promises undergraduates taking the Bachelor of Business ... ( read original story ...)

Carbon tax will push up costs for electricity in Singapore

SINGAPORE: The carbon tax announced in Singapore’s Budget will push up costs for power generators and translate into higher electricity prices for consumers, companies and economists say. But some welcomed the move, saying it could spur the development ... ( read original story ...)

RBC reviews Asia wealth business for possible sale: sources

RBC’s main wealth management markets in Asia are Hong Kong and Singapore, the region’s two biggest wealth hubs. “There will definitely be a question mark over profitability of this kind of a business that lacks scale,” said a person with knowledge ... ( read original story ...)

Singapore to reveals new IP regime in 2017 budget

SINGAPORE: Singapore has announced a new intellectual property regime to encourage companies based in the country to exploit the income derived from their research and development activities. Corporate income derived from intellectual property will be ... ( read original story ...)

Singapore property demand remains ‘very resilient’

SINGAPORE: Singapore’s property demand remains “very resilient,” supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still ... ( read original story ...)

CII signs MoU with SBF, IE Singapore

In a first between the business institutions of India and Singapore, the Confederation of Indian Industry (CII) has entered into a Technology Partnership memorandum of understanding (MoU) with two agencies of Singapore in order to promote expertise for ... ( read original story ...)

Singapore, UK renew bilateral Economic and Business Partnership

SINGAPORE: Singapore and the United Kingdom on Tuesday (Feb 21) renewed the bilateral Economic and Business Partnership (EBP), the Ministry of Trade and Industry (MTI) announced in a news release. This paves the way for greater economic cooperation and ... ( read original story ...)