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Tag: tax

Posted on 27/02/2025

Singapore’s Metro Department Store to Accept USDT, USDC, and Other Stablecoins for Payments

Metro, one of Singapore’s leading retail chains, has announced its readiness to let customers make payments using stablecoins.

Posted on 26/02/2025

Singapore department store Metro debuts stablecoin payments: Report

Metro, a publicly-listed department store chain in Singapore, has reportedly enabled its customers to pay for products using stablecoins like Tether’s USDt. Metro has partnered with Singapore-licensed ...

Posted on 26/02/2025

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of "serious lapses of corporate governance".

Posted on 26/02/2025

CDL through the years: From humble roots to family rift at Singapore’s largest listed developer

The dispute has culminated in a High Court hearing on Feb 26 to hear Kwek Leng Beng’s lawsuit against his son and several board directors. Read more at straitstimes.com.

Posted on 26/02/2025

Singapore shares fall as company earnings disappoint; STI down 0.2%

The fallout left the Straits Times Index (STI) down 0.2 per cent or 7.82 points to 3,908.05 but gainers just beat losers 330 to 236 after 1.5 billion securities worth $1.7 billion changed hands.

Posted on 26/02/2025

Singapore Tycoon Kwek accuses son of boardroom coup attempt

The billionaire Kwek, 84, said in a statement that he had sought to dismiss his son, Sherman Kwek, from the CEO position earlier in February due to what he alleged were “serious lapses of corporate ...

Posted on 26/02/2025

Metro Department Store in Singapore to Accept Stablecoin Payments

Singapore 's Metro Department Store has recently decided to embrace stablecoin payments in partnership with dtcpay.

Posted on 26/02/2025

Iron ore dips on Chinese steel export concerns, US-Sino trade tensions

Iron ore futures prices weakened for a third straight session on Wednesday, weighed by a dampening outlook for Chinese steel exports and rising trade tensions between the U.S. and top consumer China.

Posted on 26/02/2025

Singapore alternative meat startups target resurgence after sector setbacks

To Singapore shoppers, plant-protein patties probably only exist in recent memory – of seeing them on promotion in grocers and eateries in the early 2020s.

Posted on 26/02/2025

Scam losses in Singapore surge to S$1.1b in 2024, crypto-related cases rising

Singapore saw a sharp rise in scam losses last year, with victims losing a record S$1.1 billion, the highest-ever total recorded. It is a more than 70 per cent rise in losses from 2023. Police also ...

Posted on 25/02/2025

Scam losses surge to S$1.1 billion in 2024, with crypto-related cases making up a quarter

THE TOTAL amount of money lost to scams surged 70.6 per cent to at least S$1.1 billion in 2024, from S$651.8 million in 2023, said the Singapore Police Force. Read more at The Business Times.

Posted on 25/02/2025

Singapore shares in the red as regional indexes fall; STI retreats 0.3%

Key regional indexes declined across the board. Hong Kong’s Hang Seng Index was down 1.3 per cent and Japan’s Nikkei 225 retreated 1.4 per cent. South Korea’s Kospi Composite Index lost 0.6 per cent.

Posted on 25/02/2025

SingPost could see special dividend from sale of Australian business, sale of property

SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested.

Posted on 25/02/2025

Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History

The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the funds that were stolen in a major hack.

Posted on 25/02/2025

SingPost could see special dividend from sale of Australian business

SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested ...

Posted on 25/02/2025

Gold Market Ructions Drive Singapore Exports to the US

Gold shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing disparities opened up in key ...

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