"We're hearing from candidates and employers on the ground that Singapore is becoming a less attractive place to do business because of the quota system", said Holliday. Meanwhile, the new quota system is not the only challenge Singapore's employment ... ( read original story ...)
Singapore Airlines Business Class A380: SQ Part 3
Time for some serious luxury: Business Class on Singapore Airlines A380. So how good is it? Watch this review to find out. This flight review video is Episode 3 of my series The 4 Classes of Singapore Airlines. Check them all out by clicking on my channel ... ( read original story ...)
Why Hong Kong property tax may help end Singapore housing slump
Singapore house prices are approaching their trough. A report from Bloomberg said Cushman & Wakefield Inc. expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty ... ( read original story ...)
MAS urges business trusts to adopt new financial reporting framework
Firms are advised to use the new framework starting January 2018. The Monetary Authority of Singapore (MAS) announced today that registered business trusts will adopt a new Singapore financial reporting framework that is identical to the International ... ( read original story ...)
Man fined S$1.4m for importing 118,000 bottles of duty-unpaid soju
SINGAPORE: A company director was fined S$1.4 million on Friday (Jan 20) for importing 118,000 bottles of soju, a rice-based liquor popular in South Korea, without paying duty and taxes on them, Singapore customs authorities said. Singaporean David So ... ( read original story ...)
Company director fined $1.4m for importing duty-unpaid soju
SINGAPORE - A company director of So Fei International Trading Pte Ltd was sentenced to 18 months' jail and a fine of $1.4 million for importing duty-unpaid soju. According to a statement on Friday (Jan 20) by Singapore Customs, 48-year-old David So ... ( read original story ...)
Singapore to benefit from Hong Kong tax hike
SINGAPORE: Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers. According to Cushman & Wakefield, Singapore’s three-year slump in house prices could end this year as foreign investors in Hong Kong are ... ( read original story ...)
2 reasons why SPH's media business is on a slump
Weak business sentiment lowers spending on display ads. The growth in Singapore Press Holdings' earnings is largely dependent on its media business, which is highly affected by the city-state's economic prosperity of Singapore. According to UOB KayHian ... ( read original story ...)
Singapore Overtakes Hong Kong as Asia’s Top Financial Hub
Singapore boasts an agreeable business establishment and operation environment and promotes access to the burgeoning ASEAN region while featuring significant international linkages. Owing to its relationship with China, Hong Kong presents valuable ... ( read original story ...)
Time to relook monetary policy in Singapore?
Singapore's exchange rate-centred monetary policy was implemented ... lowering corporate tax rates and other steps to reduce the cost of doing business. In severe downturns, expansionary fiscal policy has been used (such as in 2009). ( read original story ...)
Swiss banker latest conviction in Singapore's 1MDB-linked cases
Jens Sturzenegger, a former branch manager at Falcon Private Bank in Singapore, became the first foreigner convicted in the city's probes linked to a Malaysian state investment fund. Sturzenegger, 42, pleaded guilty to six charges, including failing to ... ( read original story ...)
Singapore exports jump on solid China sales, Trump factor a worry
SINGAPORE: Singapore's exports in December jumped for a second month thanks to solid shipments to China in a tentative sign of recovery for the external sector, but analysts were cautious about the outlook amid protectionist concerns stoked by incoming U.S ... ( read original story ...)
Singapore exports extend rebound, rising 9.4% in December
SINGAPORE: Exports in Singapore rose further last month, extending a rebound from November, according to figures released by International Enterprise (IE) Singapore on Tuesday (Jan 17). Non-oil domestic exports (NODX) expanded 9.4 per cent in December ... ( read original story ...)
Singapore’s Export Growth Beats Forecasts for Second Month
Singapore’s exports surged above economists’ forecasts for a second consecutive month, signaling a recovery in the trade-dependent economy. Key Points Non-oil domestic exports rose 9.4 percent in December from a year ago, International Enterprise ... ( read original story ...)
Singapore exports end 2016 with another month of expansion
SINGAPORE – For the second straight month, shipments of locally-produced goods registered a year-on-year increase in December as both electronic and non-electronic sectors delivered another solid performance. Latest data released on Tuesday (Jan 17 ... ( read original story ...)
Poultry export outlook solidly optimistic
"South Korea has already lifted a 12-year ban on Thai chicken imports, while Singapore has allowed 20 qualified Thai factories to export fresh poultry. On the back of the global economic recovery, the ministry's responsible officials are set to hold talks ... ( read original story ...)