Pudgy Penguins mascot heads to F1 Singapore after Kraken trading contest win. PENGU token gains 55.1% over 30 days with new exchange listings. Several NFT collections show strong performance across 24 ...
Economists, MTI cautious on Singapore’s H2 growth despite full-year forecast upgrade
SINGAPORE] Private-sector economists and the Ministry of Trade and Industry (MTI) warned that the second half of 2025 will remain challenging, even as the official full-year growth forecast was ...
Singapore’s Wilmar International’s first-half profit drops
(Reuters) -Singaporean food conglomerate Wilmar International reported a 3.7% fall in its first-half core net profit on Tuesday, hurt by the weaker performance of its feed and industrial products ...
SMU, Tax Academy of Singapore launch int’l tax research initiative
Singapore Management University’s Yong Pung How School of Law and the Tax Academy of Singapore have launched the Singapore Tax Academy Research Initiative.
StarHub completes acquisition of MyRepublic’s broadband business in S$105 million deal
SINGAPORE: StarHub has fully acquired MyRepublic's broadband business, the telco announced on Tuesday (Aug 12). The telco, which owns a 50.1 per cent stake in MyRepublic Broadband, has bought the ...
Nippon Paint tycoon Goh Cheng Liang, one of Singapore’s richest, dies at 98
SINGAPORE] Singapore billionaire and philanthropist Goh Cheng Liang, founder of Wuthelam Group, passed away on Tuesday (Aug 12) morning at the age of 98. He is best known for founding Wuthelam Group ...
Singapore raises 2025 economic growth forecast but warns of uncertainty from US tariffs
Risks tilted to downside even as 2025 growth forecast raised to 1.5 per cent to 2.5 per cent, from zero to 2 per cent. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore key exports rise 7.1% in Q2 but full-year forecast unchanged as tariff concerns simmer
Trade agency still expects growth in key exports to come in at the lower end of its 1 per cent to 3 per cent forecast in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
Crypto exec Do Kwon, charged with fraud, expected to plead guilty
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur facing U.S. fraud charges over two digital currencies that lost an estimated $40 billion in 2022, is expected to enter a ...
What will be the tax on the sale of shares bought as a resident and NRI?
Residential status at the time of acquiring the shares is not relevant for determining the tax implications on capital gains.
Singapore seen as ‘safe haven’ despite global trade risks
NODX forecast raised as strong exports offset tariff headwinds. Singapore’s trade outlook remains vulnerable despite an improved forecast for exports, according to RHB. Singapore’s economy is facing ...
Keppel to sell M1’s telco business to Simba for $1.43b, says deal expected to benefit consumers
Keppel will receive nearly $1 billion in cash proceeds for its 83.9 per cent effective stake in M1. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Tax
Budget 2024: Singapore to provide 50 per cent personal income tax rebate for Assessment Year 2024 In light of rising cost-of-living concerns, Singapore will provide a personal income tax rebate of 50 ...
Keppel to sell M1’s telco business to Simba for S$1.43 billion
SINGAPORE: Asset manager Keppel said on Monday (Aug 11) it will sell M1's telecom operations to operator Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion).
Keppel to gain $778 million from sale of 83.9% stake in M1’s telecom business
Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in subsidiary M1 Ltd, as the asset manager sells the unit's telecom business to ...
Keppel to sell M1 unit’s telco business to Simba Telecom
Singapore's Keppel said on Monday that it will sell the telecom business of subsidiary M1 Ltd to local company Simba Telecom, in a deal valuing the firm at S$1.43 billion ($1.11 billion), including ...