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Tag: tax

Posted on 22/04/2025

WazirX Nears Comeback as Singapore Court Sets May Hearing on $234M Restructuring Plan

WazirX claims it’s on track to relaunch and distribute payouts pending court approval of its restructuring plan following last year’s hack.

Posted on 22/04/2025

Walmart-backed Flipkart to shift base back to India from Singapore

Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart aims to take the 17-year-old company public.

Posted on 22/04/2025

Singapore-based Syfe clinches Australia-listed Selfwealth for $54.5 million in cash

SINGAPORE - Singapore-based investment platform Syfe has emerged the winner in a three-cornered fight to buy Selfwealth, one of Australia’s largest digital investing platforms. On April 22, Selfwealth ...

Posted on 22/04/2025

Meta appoints new Singapore country director Nicole Tan

She will focus on accelerating digital innovation and empowerment across industries, harnessing artificial intelligence (AI) to unlock new business opportunities, as well as supporting Singapore’s ...

Posted on 22/04/2025

New joint project office to boost Singapore business presence in JS-SEZ

A new joint project office has been launched by MTI, Enterprise Singapore, and EDB to help Singapore companies expand into the JS-SEZ.

Posted on 22/04/2025

Singapore Exchange to launch Bitcoin futures for institutions in 2025

SGX to launch Bitcoin perpetual futures for institutions in 2025, excluding retail investors, pending regulatory approval.

Posted on 22/04/2025

Wanted: Business founders to build up their next big venture from Singapore

SINGAPORE] The Economic Development Board (EDB) on Tuesday (Apr 22) launched a programme designed to help seasoned business founders and innovators to launch and scale their next venture from ...

Posted on 21/04/2025

Singapore stocks rise on April 21 as STI extends rally amid mixed regional markets

The benchmark index closes up 1.1% or or 38.89 points at 3,759.22. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 21/04/2025

Johor-Singapore SEZ snares lion’s share of approved investments: Mida

SINGAPORE] Some four-fifths of the over 700 projects approved by the Malaysian Investment Development Authority (Mida) in Johor last year were located in the Johor-Singapore Special Economic Zone ...

Posted on 21/04/2025

Plan to become an NRI to save tax? You may still come under tax scanner

A recent ruling providing tax relief to NRIs on MF capital gains has taxpayers mulling a move abroad, but the tax authorities are watching for any misuse of law.

Posted on 21/04/2025

SGX’s venture into crypto derivatives could give it an edge over other bourses

SINGAPORE] The Singapore Exchange’s (SGX) decision to launch Bitcoin perpetual futures later this year will help keep the bourse competitive as the cryptocurrency gets closer to being recognised as an ...

Posted on 21/04/2025

Candy maker YLF says it scrapped Singapore IPO as stock market souring on US tariffs

Sentiment ‘badly shaken’ with the current uncertainty, said company CEO. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 21/04/2025

Singapore can overcome whatever challenges ahead if it stays united, says PM Wong

Prime Minister Lawrence Wong urged Singaporeans to work and move forward together amid global uncertainty, as he wrapped up his series of constituency visits in Sembawang.

Posted on 20/04/2025

Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO

YLF Group Marketing – the maker of Pikin plum candies – is withdrawing its application for a Singapore initial public offering (IPO) due to tough market conditions created by US tariffs, its chief ...

Posted on 20/04/2025

Singapore task force tackles US tariff impact with communication, support, long-term strategies

SINGAPORE] The task force set up in response to US tariffs will work on three areas: “sense-making” and communication, immediate support measures and longer-term strategies. Read more at The Business ...

Posted on 19/04/2025

GE2025: Singapore People’s Party unveils manifesto calling for minimum wage, CECA review and reducing NS

SPP intends to contest Bishan-Toa Payoh GRC and Potong Pasir SMC, the same two constituencies it fought for at the 2020 General Election.

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