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Tag: business

Posted on 21/02/2025

Understanding legal requirements key for jewellery sales in Singapore: analyst

Before entering Singapore's jewellery retail market, businesses must choose an appropriate business structure. Understanding the legal framework for selling jewellery and precious products in ...

Posted on 21/02/2025

Robinhood plans Singapore crypto launch

Robinhood Markets Inc plans to launch Singapore crypto offerings this year through an entity of European digital-assets exchange Bitstamp Ltd, which it recently acquired.

Posted on 21/02/2025

Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%

Key regional indexes were not swayed by the gains in New York, slight as they were. Hong Kong’s Hang Seng fell 1.6 per cent, South Korea’s Kospi declined 0.7 per cent, the Nikkei in Tokyo lost 1.2 per ...

Posted on 21/02/2025

BUDGET 2025: S-REIT tax breaks extended, but immediate gains remain limited

The extension of the 10% final withholding tax rate is expected to encourage broader investor participation in S-REIT ETFs. The Singapore government has extended the income tax exemption on ...

Posted on 20/02/2025

S’pore’s Budget surplus derived from COE premiums, personal income tax & state investment returns

NIRC represents as much as half of the net investment income and up to half of the long term expected real returns of Temasek, GIC and the Monetary Authority of Singapore. Personal income tax ...

Posted on 20/02/2025

Man to be charged over receiving scam proceeds and converting them into crypto

The man received more than $44,000 across seven transactions in the same bank accounts, which he then converted into Bitcoin or BTC, the world’s largest cryptocurrency. He then also transferred the ...

Posted on 20/02/2025

Nearly 10 years’ jail for woman who committed cheating linked to over $5.7m of mostly crypto funds

Ho Kai Xin used her ill-gotten gains to live a lavish lifestyle, including placing a down payment for a penthouse. Read more at straitstimes.com.

Posted on 20/02/2025

Genting Singapore posts 34% fall in H2 net profit to S$222 million

GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago period. Read more at The Business ...

Posted on 20/02/2025

Singapore banks guarded by tax relief and financing amid economic pressures

SINGAPORE: In his Budget 2025 address on February 18, Singapore’s Prime Minister, Lawrence Wong, unveiled a series of measures aimed at supporting local busin ...

Posted on 20/02/2025

Robinhood To Introduce Cryptocurrency Services In Singapore By 2025

Robinhood is set to enter the Singaporean cryptocurrency market in 2025, marking a significant expansion of its services beyond traditional stock ...

Posted on 20/02/2025

Singapore’s Abaxx Exchange plans gold futures as precious metal surges

Not all attempts to launch precious-metals products have been successful. Singapore Exchange – which runs the local stock exchange, and also offers futures for commodities including iron ore – started ...

Posted on 20/02/2025

Singapore biotech tycoon Huang Zhenhua has assets frozen over $1.1 billion suit by pharma giant

Wegovy maker Novo Nordisk is accusing Mr Huang and his firm of fraudulent claims over a hypertension drug. Read more at straitstimes.com.

Posted on 20/02/2025

Grab shares rise after Singapore announces 50% corporate income tax rebate in Budget 2025

SINGAPORE: Shares of Grab Holdings Limited traded higher on Tuesday (Feb 20) after a 50 per cent corporate income tax rebate for Singapore companies in the 2025 ...

Posted on 20/02/2025

Will President Trump propel the crypto industry to new heights or new lows?

US President Donald Trump’s evolving stance on cryptocurrencies — from scepticism in his first term to a pro-innovation approach in his second — has sparked significant debate about the future of the crypto industry.

Posted on 20/02/2025

Efforts to draw businesses to Johor-Singapore Special Economic Zone being stepped up

Efforts to ease business entry into the Johor-Singapore Special Economic Zone are ramping up, driven by both public and private sectors. Authorities are also actively addressing concerns raised by ...

Posted on 20/02/2025

Robinhood tips Singapore launch, touts memecoin interest: Report

Robinhood plans to launch cryptocurrency trading products in Singapore through its Bitstamp subsidiary, Bloomberg reported on Feb. 18. The online brokerage has not yet set a launch date but aims to start rolling out services by late 2025,

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