Investigation into hotelier and official calls into question city-state’s reputation as a clean place to do business ...
Singapore Asks Hotel Tycoon Ong Beng Seng To Provide Information On Graft Investigation
Singapore has issued an arrest notice to business tycoon Ong Beng Seng, asking the managing director of Hotel Properties to help the government in its ongoing graft investigation involving Transport ...
Singapore dodges recession after slight growth in Q2
Singapore's economy narrowly escaped a recession in the second quarter as global demand weakened and China's slowdown dragged on trade flows, leading some economists to cut their growth forecasts for ...
Singapore: A small city-state with huge influence
From cutting-edge architecture to a world-class food scene and cultural diversity, find out what makes the Lion City so special ...
Singapore’s economy grows slightly more than expected in Q2
Singapore’s economy grew slightly more than expected in the second quarter, data showed on Friday, as resilience in construction activity and the service industry helped offset a sharp decline in ...
Singapore’s economy grew 0.7% in Q2, faster than previous quarter: Advance estimates
SINGAPORE: Singapore’s economy grew 0.7 per cent year-on-year in the second quarter of 2023, faster than the 0.4 per cent growth in the preceding quarter, according to ad ...
MAS tax exemption tweaks may not move the needle for most single family offices: industry watchers
RECENTLY announced tweaks to the tax incentive scheme for single family offices (SFOs) are a good nudge for greater investments in Singapore, industry watchers said, but may do little for the bulk of ...
China’s Drop in Exports Signals Deepening Slowdown in Global Trade
Chinese exports fell at their steepest annual pace in June since the early days of the pandemic in February 2020, and it isn’t the only Asian economy reporting sinking overseas sales.
With Backing From Billionaire Kwee Liong Tek, This Singapore Startup Is Bringing Crypto Payments To Luxury Hotels
Dtcpay last month raised $16.5 million in a pre-Series A round led by Kwee, the chairman of Pontiac Land. The investment will see some of Pontiac Land’s hotels soon accept payments in crypto.
China’s coal imports rise in June as heatwave boosts demand
SINGAPORE: China’s coal imports edged higher in June after dipping over the prior two months, customs data showed ...
Singapore Is Being Too Picky About Its Billionaires
For family offices to forge deeper connections with the city-state, tax breaks and investment mandates won’t cut it.
Singapore stocks extend gains ahead of US inflation report; STI up 0.4%
Local shares racked up a third consecutive day of gains on Wednesday following a solid session on Wall Street overnight. Read more at straitstimes.com.
Rental Income Tax Singapore: How to Calculate and Pay (2023)
Rental income tax in Singapore is accrued when you collect a monthly payment from the properties you rent out. While renting out secondary properties is not a job or form of employment, it is still ...
Ringgit hits record low against Singapore dollar, dropped to a seven-year low against the British pound
The ringgit hit a historic low versus the Singapore dollar on Wednesday (12 Jul), falling to 3.4783. It surpassed the previous record of 3.4717 on 22 June. Meanwhile, the ringgit gained against the US ...
Cambodia, Singapore roll out SME-support fintech plan
Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between ...
Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why
Temasek CEO Rohit Sipahimalani is reluctant in investing in crypto firms due to regulatory uncertainty. Find out more.