Chong is charged with making false entries in her individual income tax returns for 2021 and 2022. This resulted in a tax undercharged amounting to $371,859. Aside from this, she also allegedly ...
Singapore firm director who filed fraudulent tax claims of over S$1.4mil jailed, ordered to pay $1.9mil in penalties
SINGAPORE: For more than seven years, the director of multiple companies submitted fraudulent tax claims amounting to over S$1.4 million for her firms.
Singapore’s green pivot – headline grabbing but still limited
By bno - Mark Buckton - Taipei Singapore’s renewables push in recent months is at once pragmatic and paradoxical: pragmatic because the city-state is doing the only sensible thing available given its ...
Singapore court orders Ron Sim’s LAC to return GNC stores, pay $24.5 million in franchise dispute
Ruling based on findings that the franchisee, LAC, had wrongfully terminated its agreements with US-based GNC Holdings. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore, Hong Kong stand tall amid heated rivalry in Asia to manage wealth of super rich
Singapore and Hong Kong cement their roles as Asia’s leading centers for wealthy families to build and safeguard legacies amidst global uncertainties. Read more at straitstimes.com. Read more at ...
S’porean woman, 27, charged with evading over S$370,000 in income tax
A 27-year-old Singaporean was charged in court on Oct. 24 for tax evasion. Chong Jia Ling, Genevieve, was charged with the following offences: Making false entries in her individual income tax returns ...
Singapore’s GIC seeks to sell US$1 billion of stakes in PE funds
SINGAPORE] Singapore sovereign wealth fund GIC is looking to offload some of its private equity fund stakes, continuing to utilise the booming secondaries market to manage its portfolio. Read more at ...
Singapore stocks track regional gains on Oct 27; STI up 0.4%
Singapore local stocks closed higher on Oct 27, with the Straits Times Index rising 0.4% amid regional market gains. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore deepens US nuclear cooperation with new agreements
SINGAPORE—Singapore’s Energy Market Authority (EMA) is expanding its cooperation with the United States on nuclear energy capability building, with plans Singapore's Energy Market Authority (EMA) is ...
Nuclear power: Singapore to partner two US institutes, releases background paper
Clean energy imports from Indonesia are also expected to commence within the decade Read more at The Business Times.
Current food stockpiling in Singapore includes proteins like chicken
As S’pore imports more than 90% of its food needs, stockpiling helps safeguard against supply chain disruptions. Read more at straitstimes.com. Read more at straitstimes.com.
Billionaire Kwek Leng Beng’s CDL Sells 84% Of Residential Towers Amid Singapore Property Boom
The project is one of several prime residential condominium projects that have seen brisk sales in recent months as declining lending rates and an influx of wealthy foreign residents bolstered demand.
Chinese Premier Li meets Singapore Acting President, business leaders
SINGAPORE: Chinese Premier Li Qiang wrapped up a two-day official visit to Singapore on Oct 26 with a call on Acting President Eddie Teo and a roundtable with Singapore and Chinese business leaders.
Singapore’s economy could reach $1.5 trillion by 2040, lift STI to 10,000, predicts DBS
DBS forecasts Singapore's STI could hit 10,000 by 2040, driven by a projected US$1.5 trillion economy and market reforms. Read more at straitstimes.com. Read more at straitstimes.com.
China to firmly promote high-level opening-up, continuously optimize business environment, says Premier Li
SINGAPORE - Chinese Premier Li Qiang said on Sunday that China will firmly promote high-level opening-up, further ease market access, continuously optimize business environment and actively address ...
Chinese Premier meets Singapore Acting President, business leaders
His visit marked the 35th anniversary of bilateral ties. Both sides agreed to deepen cooperation. Read more at straitstimes.com. Read more at straitstimes.com.