India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively. Illustration: Uttam Ghosh/Rediff.com Those hiding unaccounted income in banks in Singapore will come under the scanner of the Indian ... ( read original story ...)
Singapore Pledges Crackdown on White-Collar Crime
Singapore says it’s getting more serious about tackling white-collar crime. The police force’s financial crime-fighting unit -- the Commercial Affairs Department -- has declared a goal to target ill-gotten gains “more proactively,” especially ... ( read original story ...)
Stocks to watch: UMS Holdings, JEP Holdings, First Reit, Soilbuild Reit, OCBC
Full-year DPU still slipped 6.2 per cent to 5.712 Singapore cents on the back of lower distributable income and an enlarged units base. OCBC Bank: OCBC has, through its subsidiary Lion Global Investors, raised its stake in China-based Maxwealth Fund ... ( read original story ...)
Recovery Predicted For Singapore Stock Market
(RTTNews.com) - The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gained almost 30 points or 0.8 percent. The Straits Times Index now rests just above the 3,540-point plateau although it's expected to rebound on ... ( read original story ...)
Three arrested at checkpoints for trying to import counterfeit items
Three people were arrested at the Tuas and Woodlands checkpoints on Jan 3 after they attempted to import counterfeit items, the Immigration and Checkpoints Authority (ICA) and Singapore Police Force said in a joint statement yesterday. In the first case at ... ( read original story ...)
Singapore falls to 8th in Asia expat rental ranking; Hong Kong is most expensive
Hong Kong retained its title as Asia’s most expensive rental city for expatriates, while Singapore fell further down the ranking due to a slower economy and fewer relocations, according to consultancy firm ECA International. Hong Kong sat atop the list ... ( read original story ...)
Monaco Sponsors 2018 Money20/20 Asia in Singapore
Accelerating FinTech development by connecting innovative industry leaders and fostering discussion and collaboration Participants are invited to stop by Monaco's booth at Money20/20 Asia located at Marina Bay Sands Expo & Convention Centre Hall Level 5 ... ( read original story ...)
UOB customers warned not to fall for fake text messages with link to phishing website
Scummy scammers have found another cunning way to get unguarded folks to part with sensitive personal information — this time by using a fake United Overseas Bank (UOB) website that looks very much like the real deal. Yesterday, the Singapore Police ... ( read original story ...)
Singapore Dec exports growth slows on weaker electronics
SINGAPORE: Singapore’s export growth slowed more than expected in December from a year earlier due to a fall in electronics trade and the first decline in shipments to China in more than a year. Non-oil domestic exports rose 3.1 percent in December year ... ( read original story ...)
Singapore non oil domestic exports rises 3.1 pct in December
Govt to make payment of refund claims in February: Rana Afzal Surriya to change Valuation Ruling No: 709/2018 on February 26 Customs Appellate Tribunal adjourns hearing of case filed by M/s Smart Zone, others against FBR Appraisement West submits FIR ... ( read original story ...)
Singapore is a perfect place for digital entertainment startups, and here are 4 reasons why
This number is likely to go past 10,000 by the year 2020. Netflix, the global digital entertainment leader, has already firmed its presence in Singapore region. Its subscription-based business model has received a positive response, which has prompted ... ( read original story ...)
Retail Conglomerate Launches Online Mall Accepting Only MegaX and Bitcoin Cash
SINGAPORE, Jan. 16, 2018 /PRNewswire/ -- Singapore-based MegaX introduces the first-of-its-kind global millennial online mall, having raised USD2.5M from a token sale concluded on 16 November 2017. MegaX, a partnership between iFashion Group and MC ... ( read original story ...)
Singapore Exchange chief says Asia’s tech sector is big enough for more than one exchange to profit
Asia’s booming technology landscape will become large enough for more than one stock exchange to cater for future initial public offerings (IPOs), according to the chief of Singapore’s bourse. The sector’s explosion in the region has had leading ... ( read original story ...)
COMMENT: Curb Your Enthusiasm for Singapore’s Housing Revival
What’s not to like about Singapore’s property market? Sales in 2017 touched a four-year high. Developers paid homeowners S$8.5 billion ($6.4 billion) — the most since 2007 — to vacate their homes so new apartment complexes could be built. ( read original story ...)
What Can You Do if You Were Sold a Defective Product in Singapore?
Lodge a Complaint with the Consumers Association of Singapore You may lodge a complaint against the seller with the Consumers Association of Singapore (CASE), a non-governmental organisation which advocates fair and ethical trade practices. If you do so ... ( read original story ...)
HSBC Rugby 7s targets 60,000 fans
The crowd numbers took a hit last year, falling some 35 per cent to 34,000, but Rugby Singapore (RS) is not too concerned. In fact, the organiser of the HSBC Singapore Rugby Sevens has set a crowd target of 60,000 for this year's event at the National ... ( read original story ...)