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Tag: tax

Posted on 08/08/2025

Singapore’s chipmakers on edge over US 100pc semiconductor tariffs

SINGAPORE, Aug 8 — Economists have warned that the United States’ move to impose a 100 per cent tariff on semiconductor imports could hit chipmakers in Singapore, with ripple effects on sectors like ...

Posted on 08/08/2025

Man handed three vaping-related charges including importing 3,080 pods

Neo Yeow Siang is accused of committing the offences on March 7. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/08/2025

Trump announces 100% tariffs on imports of semiconductors

United States President Donald Trump said on Thursday (Aug. 7) that the US will soon be imposing a 100 per cent tariff on semiconductor imports into the country. However, American companies such as ...

Posted on 08/08/2025

Philippines blocks big crypto exchanges, Coinbase scammer’s stash: Asia Express

ISPs in the Philippines have blocked access to exchanges including OKX, Bybit and Bitget; Singapore exchange sued by investors: Asia Express.

Posted on 08/08/2025

Trump tariffs have kicked in. How will Singapore, South-east Asia be affected?

SINGAPORE] Higher US tariffs came into effect on Thursday (Aug 7), with duties at a baseline rate of 10 per cent for many countries and between 15 per cent and 41 per cent for some. Read more at The ...

Posted on 08/08/2025

Why This CEO Thinks Crypto Is Gambling, Not Investing

John Hope Bryant, the CEO of the nonprofit organization Operation HOPE, joins Forbes senior writer Jabari Young on The Enterprise Zone at Nasdaq MarketSite. During their discussion, Bryant addresses ...

Posted on 08/08/2025

Trump tariffs kick in today. How will Singapore, South-east Asia be affected? Here’s what you need to know

SINGAPORE] A few rounds of tariff rates have been announced this year, as US President Donald Trump set initial baseline rates and countries scrambled to reach new deals. Read more at The Business ...

Posted on 08/08/2025

Crypto Weekly: ether’s moment and Hong Kong’s stablecoin fever

From why ether is a cryptocurrency of choice right now to Hong Kong's stablecoin frenzy, Ciara Lee rounds up the big crypto stories of the week.

Posted on 08/08/2025

Indian Government Clamps Down on Crypto Traders With 44,000 Tax Notices

India’s Income Tax Department has issued over 44,000 notices to crypto traders for failing to report digital asset income. Authorities uncovered $75 million in unreported ...

Posted on 07/08/2025

Singapore Airlines shifts import cargo handling from dnata to Swissport at AMS

Earlier this week, The STAT Trade Times had reported the serious operational challenges at dnata’s new $70-million, fully automated, 61,000 m² cargo facility at the Amsterdam Schiphol Airport.

Posted on 07/08/2025

Singapore’s largest banks deliver a mixed report card on profits amid looming rate cuts and U.S. tariffs threats

DBS's quarterly profit grew by 1% yet the bank acknowledged "external uncertainties." Profit at fellow banks UOB and OCBC fell.

Posted on 07/08/2025

Singapore’s bank DBS second-quarter net profit rises 1%, beats forecast

DBS Group , Singapore's biggest bank, on Thursday posted a 1% rise in net profit in the second quarter from a year earlier on the back of higher total income.

Posted on 07/08/2025

As Singapore’s cinemas fade to black, is this the end of the road?

SINGAPORE] The exit of indie player The Projector from Cineleisure, coming on top of Cathay Cineplexes’ recent rental woes, has heightened fears that the local cinema industry is at a crossroads. Read ...

Posted on 06/08/2025

Foresight Ventures Named “Crypto VC of the Year” at the FinanceFeeds Awards 2025

Foresight Ventures, a global investment firm focused on digital assets and Web3 infrastructure, has been awarded “Crypto VC of the Year 2025” by the ...

Posted on 06/08/2025

Father-son duo in dock over RM595m GST fraud in Singapore

S INGAPORE — A father and son have been charged in Singapore over their alleged roles in a massive Goods and Services Tax (GST) “missing trader fraud” scheme involving about S$181 million (RM595 ...

Posted on 06/08/2025

CFTC seeks to allow spot crypto trading on registered exchanges

The U.S. Commodity Futures Trading Commission (CFTC) said on Monday it would launch an initiative to allow for trading of spot crypto asset contracts listed on a futures exchange registered with the ...

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