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Tag: tax

Posted on 31/07/2026

FCNR(B) hurdle: Singapore holds ground on withholding tax

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...

Posted on 30/07/2026

Crypto News: MemeToro Publishes Open-Source Framework Supporting Transparent AI-Powered Token Launches

According to the company, the AI Meme Launch Agent is being developed to continuously analyze cryptocurrency news, market trends, and social sentiment before generating complete memecoin concepts.

Posted on 30/07/2026

Is Singapore still competitive in a world with a global minimum tax?

Iras has now moved. From 2026 onwards, uncharged and merely notional stock-compensation costs may be left out of the Singapore entity’s taxable service income, even as they remain in the base on which ...

Posted on 30/07/2026

Web3 Is A Joke Unveils “Roast of Crypto & AI,” a New Comedy Event Coming to Token2049 Singapore Week

Web3 Is A Joke is the company behind the Roast of Crypto & AI, a standalone comedy and entertainment event built for Token2049 Singapore week. The show brings professional comedic talent to a crypto ...

Posted on 30/07/2026

Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE

A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. While the bill has been drafted ...

Posted on 28/07/2026

Asia’s wealthy aren’t selling crypto, but they’re buying this instead

The digital assets sector isn’t receiving much interest from wealthy asset holders across Asia. While high-net-worth clients in Malaysia and Singapore are still holding onto crypto assets in their ...

Posted on 27/07/2026

HTCO Announces Ten-Year Extension of Singapore MSI-AIS Maritime Tax Exemption Through 2035

MSI-AIS Award Extended Through 2035, Providing Long-Term Tax Certainty and Enhancing Competitive Position in Global Shipping ...

Posted on 27/07/2026

Crypto treasury firms pivot to AI in bid to win back investors

The implosion of the once-hot market for cryptocurrency treasury stocks is prompting several firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working.

Posted on 27/07/2026

Singapore’s Triple-A Reports $11.8M Cryptocurrency Treasury Breach

Singapore crypto firm Triple-A confirms $11.8M treasury wallet breach. Client funds unaffected as investigation continues with police and forensics teams.

Posted on 27/07/2026

‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariff

Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/07/2026

‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariffs

Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/07/2026

Monetary Authority of Singapore tightens exchange rate policy as energy-driven inflation pressures mount

MAS increased the Singapore dollar appreciation rate by 50 basis points to counter energy-driven inflation from Strait of Hormuz shipping ...

Posted on 26/07/2026

HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion

HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.

Posted on 25/07/2026

FCNR scheme: Withholding tax fear haunts US, Singapore NRIs

Non-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes threaten to diminish their net returns from leveraging FCNR ...

Posted on 25/07/2026

Singapore police, FBI join forces after stopping US$2.7m crypto scam losses

Singapore Police Force (SPF) and the United States (US) Federal Bureau of Investigation (FBI) on Friday inked an agreement to deepen cooperation in ...

Posted on 25/07/2026

Trump imposes new 12.5% tariff on Singapore, affecting one-third of exports to US

SINGAPORE: About one-third of Singapore's domestic exports to the United States are now subject to a new 12.5 per cent tariff aimed at rebuilding US President Donald Trump's tariff regime after its ...

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