Singapore’s central bank, Monetary Authority of Singapore (MAS), has issued its fourth enforcement report, outlining actions taken against firms like Three Arrows Capital, which did not have a ...
Singapore court orders Credit Suisse unit to pay Georgia ex-PM Ivanishvili US$743 million
A SINGAPORE court on Tuesday (Sep 19) ordered a unit of Credit Suisse to pay Georgian billionaire and ex-prime minister Bidzina Ivanishvili US$743 million for failing in its duty to safeguard his ...
Unclear whether bumper tax collections can continue amid gloomy economic outlook: Chee Hong Tat
There is some lag time in the way tax revenue tracks economic performance, he said. Read more at straitstimes.com.
Tax Incentive Requirements for Family Offices in Singapore
Under Section 13D of the Income Tax Act, an offshore fund managed by a Singapore-based fund manager will be exempt from tax on income if the fund is a ‘prescribed person’. To qualify as a ‘prescribed ...
Singapore shares fall 0.7% as cautious investors await Fed’s next move
The Straits Times Index fell 22.64 points to close at 3,240.75 points on Tuesday. Read more at straitstimes.com.
Chee Hong Tat on tax revenue and cost-of-living assistance
Singapore’s tax revenue collections have grown broadly in line with GDP. Higher tax revenue in Financial Year 2022 compared to the previous year was due to the country’s economic recovery after the ...
As Singapore’s soaraway rental boom cools, Hong Kong rents start to heat up
The contrast between two of Asia’s prime financial hubs underscores Hong Kong’s path to recovery from the pandemic as Singapore’s policy measures to tackle soaring property prices start to bite.
Returns At Isetan (Singapore) (SGX:I15) Are On The Way Up
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few ...
Singapore’s key exports plunge by 20.1% in August
Singapore's non-oil domestic exports (NODX) contracted for the 11th consecutive month in August, falling by 20.1%, with both electronics and non-electronics seeing a decline.
Despite strong business confidence, survey finds 3 key challenges for employers in Singapore
“Feedback from our member companies highlighted three key challenges – availability of talent, retention of talent, and the cost of doing business in Singapore,” said the spokesperson. “It’s worth noting that these talent retention issues are not unique to foreign-owned businesses.”
Singapore’s birth rate is at a record low — but ‘throwing money’ at the problem won’t solve it
Singapore's birth rate reached a record low in 2022 as high cost of living in the country steers couples away from expanding their family.
Deepcoin Grand Party: Crypto Night Celebration Lit Up TOKEN2049 Singapore
Deepcoin invited industry pioneers, crypto enthusiasts, and VIPs from around the world to join this extraordinary celebration. As TOKEN2049 Week transformed Singapore into a global crypto hub, the ...
CoinW TOKEN2049 After Party Concludes, Sharing Insights on Sustaining Growth Through Crypto Winter
CoinW, the world's leading digital asset trading platform, concluded its After Party during TOKEN2049 in Singapore on the evening of the 13th local time, setting the stage for an unforgettable evening ...
KKR to buy 20% of SingTel’s data centre business for $807m
S ingapore Telecommunications has announced KKR, an American global investment company, has agreed to pay $807m for 20% of its regional data centre business, SingTel. The large deal marks a growth in ...
XT.COM Sets New Heights for Crypto Networking: Their Exclusive Preparty during Singapore’s TOKEN2049 Event
XT.COM, the trailblazing crypto exchange renowned for its forward-looking initiatives and expansive user base, orchestrated a momentous preparty amid the annual TOKEN2049 event in Singapore. The ...
Aloft Hotels Makes Its Grand Debut in Singapore With the Opening of Aloft Singapore Novena
Located in the cultural neighbourhood of Balestier, the world’s largest Aloft hotel introduces vibrant and flexible spaces for travellers to connect with the destination ...