Offenders may face fines of up to 40 times the amount of duty and GST evaded, imprisonment of up to six years, or both.
LSBF Singapore Campus Secures Asia-Pacific Stevie® Award for the Third Consecutive Year
The London School of Business and Finance (LSBF) Singapore Campus has once again earned regional acclaim, clinching the Bronze Stevie® Award at the 13th Annual Asia-Pacific Stevie® Awards for the ...
Budget 2026: Smokers to pay more for tobacco products as 20% tax hike kicks in on Feb 12
Smokers in Singapore will face a 20 per cent increase in tobacco excise duty from Feb 12, as announced in Budget 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Aim of firms expanding overseas is to create more jobs back home: Singapore Business Federation
Singapore is stepping up economic engagement with the Middle East and backing more SMEs to expand into the fast-growing Gulf markets. The Singapore Business Federation opened a Singapore Enterprise ...
SBI Holdings targets majority stake in Singapore crypto exchange Coinhako
Japanese financial conglomerate SBI Holdings is moving to deepen its presence in the crypto sector, announcing plans to take a controlling position in Singapore-based exchange Coinhako. In a Friday ...
Chinese New Year boosts interest, TradFi buying crypto exchanges: Asia Express
Digital yuan hongbao now comes with interestChinas banks are rolling out digital yuan red envelopes (hongbao) and payment discounts ahead of Lunar New Year to boost consumption.Red envelopes are a ...
Manufacturing drives Singapore’s 5% economic expansion in 2025
Singapore’s manufacturing recorded the strongest sectoral expansion in 2025, growing 8.7%, according to latest data from the Ministry of Trade and Industry.
Singapore and NZ agree on digital certification system for food and primary exports
New Zealand and Singapore have signed a new electronic certification arrangement to streamline trade in food and primary products, a senior New ...
Singapore light distillates stocks hit over 3-yr high on robust imports
Singapore light distillate stocks swelled to the highest level since July 2022 this week amid high supplies of naphtha and gasoline while demand for both products was lower-than-expected.
CNA938 Rewind – Singapore Today Post-Budget 2026 Special
Prime Minister and Finance Minister Lawrence Wong delivered Singapore's 2026 Budget on Thursday (12 Feb). Part of its focus is on creating good jobs for all Singaporeans, and harnessing AI as a ...
US tariffs have not affected Singapore import prices; no direct impact on inflation expected: Gan Siow Huang
Singapore has been subjected to a baseline 10 per cent tariff on goods entering the United States since April last year.
Swissquote Appoints Rafael Weber as Deputy CEO for Singapore
Swissquote, the digital financial services group, has appointed Rafael Weber as Deputy Chief Executive Officer of its Singapore business, further strengthening its leadership team in the region.
Singapore Becomes Primary Hub as Gemini Lays Off 25% of Global Workforce
Gemini cuts 25% of its workforce, closes UK, EU, and Australia operations, and focuses growth in Singapore and the US.
Singapore raises forecast for key exports amid AI boom
The growth forecast for Singapore’s key exports has been raised, on the back of an improved global economic outlook, especially driven by artificial intelligence-related demand. Read more at ...
Singapore to include non-wage income in annual household income report going forward
Singapore's Department of Statistics will now include non-wage income in its annual household income report, offering a more complete economic picture. Read more at straitstimes.com. Read more at ...
Superp, a Crypto Short-Selling Platform, Lists on Kraken
Superp (SUP), a decentralized cryptocurrency exchange previously known as Vanilla Finance, has listed its native ...