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Tag: crypto

Posted on 06/09/2024

Singapore to stay attractive with refundable tax credit scheme, says KPMG

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 ...

Posted on 06/09/2024

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.

Posted on 06/09/2024

“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 ...

Posted on 06/09/2024

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 ...

Posted on 06/09/2024

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 ...

Posted on 06/09/2024

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 ...

Posted on 06/09/2024

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,

Posted on 05/09/2024

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 ...

Posted on 05/09/2024

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.

Posted on 05/09/2024

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.

Posted on 05/09/2024

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, ...

Posted on 05/09/2024

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.

Posted on 05/09/2024

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.

Posted on 05/09/2024

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 ...

Posted on 04/09/2024

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.

Posted on 04/09/2024

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.

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