As more countries adopt the global minimum tax of 15%, KPMG in Singapore said the Lion City can remain attractive to businesses with a Qualified Refundable Tax Credits (QRTC) scheme to soften the ...
DBS names Calvin Ong as new Singapore consumer banking head
SINGAPORE - DBS has appointed Calvin Ong as its new Singapore consumer banking head. He will succeed Jeremy Soo who will retire at the end of the year, the lender said on Sept 6.
“We want to double our funds in India…”: Singapore’s business leader after PM Modi’s roundtable meet
CapitaLand Investment's Group CEO, Lee Chee Koon, highlighted India's growth prospects and the company's plan to double its funds in India. PM Modi's reforms have accelerated CapitaLand's growth over ...
Leaders of India and Singapore sign deal to cooperate on semiconductors
The leaders of India and Singapore on Thursday signed an agreement to partner and cooperate in semiconductors, in a deal aimed at giving Singaporean firms a greater role in supply chains in the Indian ...
Undertaker Roland Tay given S$12,000 fine and penalty of about S$529,000 for tax offences
His incorrect tax returns led to more than S$250,000 in tax being undercharged across three financial years, and his failure to register for GST when his businesses' taxable supplies exceeded S$1 ...
Majority of Singaporeans spend over $500 on first crypto buy
SINGAPORE: In a testament to Singapore’s growing interest ... are willing to invest between $101 and $500 in their initial crypto purchases. A notable 21% are even more ambitious, allocating between ...
Daily Cuts – Building an eco-friendly catering business in Singapore
In ‘Made in SG’, Melanie Oliveiro speaks with Alan Tan and Chris Loh, Co-founders of Rasel Catering. They share how they set up the business 27 years ago. They talk about their early days, learning journeys as they navigated challenges in the ever-evolving F&B scene,
Singapore to import more low-carbon power from Indonesia, minister says
Singapore will issue conditional approval to import 1.4 gigawatts (GW) of electricity from two solar power projects in Indonesia as the country ramps up low-carbon power supply, senior minister Teo ...
Decade-high Singapore dollar effects felt by importers, exporters, shoppers, tourists
The Singdollar is close to a record against the Indonesian rupiah as well, and not far off highs against the yen. Read more at straitstimes.com.
Singapore Billionaire On Hot Streak From Selling Premium Coffee, Tea
Singapore tycoon Ron Sim made his first fortune in massage chairs and once owned U.S. retailer Brookstone. Now he is betting on coffee and tea shops.
Singapore shares gain amid mixed regional showing; STI inches up 0.5%
Regional markets were mixed. Australia’s ASX 200 climbed 0.4 per cent on the back of tech, property and bank gains while Shanghai shares gained 0.1 per cent. Japan’s Nikkei 225, on the other hand, ...
Decade-high Singapore dollar felt by businesses, shoppers and tourists
The Singdollar is close to a record against the Indonesian rupiah as well, and not far off highs against the yen. Read more at straitstimes.com.
Crypto firm OKX hires Grab’s ex-MD as its new CEO & gets payment licence from MAS
Cryptocurrency company OKX received its MPI licence from the Monetary Authority of Singapore (MAS) and hired ex-Grab MD as new CEO.
PM Modi arrives in Singapore for two-day visit, says India ideal investment destination
Prime Minister Narendra Modi on Wednesday arrived here for his fifth official visit to Singapore aimed at boosting bilateral friendship, deepening ‘strategic partnership’ and attracting investment fro ...
Singapore tax revenue rises 17% to $80.3 billion amid wage and economic growth
Iras audited and probed 9,590 cases in FY2023/24, recovering about $857m in taxes and penalties. Read more at straitstimes.com.
Singapore retailers to continue bringing in goji berries from China amid probe into claims of chemical use
SINGAPORE: Retailers in Singapore will continue to import goji berries from China even as Chinese authorities investigate claims that harmful chemicals were used in their production.