SINGAPORE] Beyond the immediate impact of US tariffs, both Singapore and the wider region must start preparing for deeper shifts in the global trade landscape, said panellists in two recent online ...
GE2025: Singapore set to go to the polls on May 3, after Nomination Day on Apr 23
Singapore's general election will be held on May 3, with the Saturday to be declared a public holiday Read more at The Business Times.
Trump tariff-hit Singapore stares at technical recession, Q1 data lower than expected
Singapore is staring at a technical recession this year as economic growth is set to contract as a result of US President Donald Trump’s tariffs ...
Saved ₹1.35 crore in taxes? NRI slips through capital gains net using one mutual fund loophole
The case began when an NRI tax resident in Singapore declared capital gains of ₹1.35 crore for FY 2021–22: ₹88.75 lakh from debt mutual funds and ₹46.91 lakh from equity mutual funds. She sought tax ...
Explained: Will NRIs be liable for capital gains tax on mutual fund sales in India?
The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds for the financial year 2021–22.
More than S$400,000 lost to phishing scams impersonating OneMotoring
In September last year, at least S$28,000 were lost to phishing scams impersonating OneMotoring in less than three weeks. For those cases, victims received emails, purportedly from OneMotoring, about ...
$407,000 lost since December 2024 in OneMotoring phishing scam resurgence in Singapore
At least 37 cases have been reported since December 2024. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore businesses must move strategically to get on winning side of tariff war
THE deluge of latest developments in tariffs announced by the US, and the resulting countermoves from its trade partners, have made global trade more complex and uncertain. Read more at The Business ...
Singapore shares and STI close higher on Monday, mirroring regional indices
SINGAPORE] The Straits Times Index (STI) closed higher, mirroring most regional indices on Monday (Apr 14). Read more at The Business Times.
Singapore Cuts Growth Forecast, Eases Policy Settings as Tariffs Dim Outlook
Singapore’s central bank eased its monetary policy for a second time amid the weakening external global economic outlook.
Demand for Singapore goods and services set to fall as global growth weakens
Local stocks plunged 8.2 per cent during week despite some respite on April 9. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore may see pickup in IPOs, corporate deals despite dimmer outlook: Experts
SGX could see more IPOs from firms in markets hit harder by US President Donald Trump's tariffs. Read more at straitstimes.com. Read more at straitstimes.com.
The Trump family is going all-in on crypto projects, from Bitcoin mining to stablecoins
The various projects are approaching US$1 billion in paper gains even after accounting for the latest round of trade war-induced market gyrations ...
Notice of 104% tax on American diners removed from S’pore Chinatown restaurant
A restaurant in Chinatown in Singapore had apparently put up a notice declaring a 104 per cent surcharge for American diners. A TikTok by user sgwhatsup of the notices was viewed over 400,000 times.
Singapore Confronts U.S. Tariffs: Assessing the Impact on Finance, Manufacturing, and Trade
Singapore faces possible shifts in trade, finance, and manufacturing following the U.S. decision to impose 10% tariffs.
Video: Shocking 104% surcharge for Americans at Chinese restaurant amid tariff war
The signs, written in both English and Chinese, were spotted on the front door of Xie Lao Song, a Chinese cuisine restaurant located on Pagoda Street. “Starting from April 9, Americans will be charged ...