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Tag: tax

Posted on 13/04/2025

The Trump family is going all-in on crypto projects, from Bitcoin mining to stablecoins

The various projects are approaching US$1 billion in paper gains even after accounting for the latest round of trade war-induced market gyrations ...

Posted on 13/04/2025

Notice of 104% tax on American diners removed from S’pore Chinatown restaurant

A restaurant in Chinatown in Singapore had apparently put up a notice declaring a 104 per cent surcharge for American diners. A TikTok by user sgwhatsup of the notices was viewed over 400,000 times.

Posted on 11/04/2025

Singapore Confronts U.S. Tariffs: Assessing the Impact on Finance, Manufacturing, and Trade

Singapore faces possible shifts in trade, finance, and manufacturing following the U.S. decision to impose 10% tariffs.

Posted on 11/04/2025

Video: Shocking 104% surcharge for Americans at Chinese restaurant amid tariff war

The signs, written in both English and Chinese, were spotted on the front door of Xie Lao Song, a Chinese cuisine restaurant located on Pagoda Street. “Starting from April 9, Americans will be charged ...

Posted on 11/04/2025

Singapore gets lion’s share of S-E Asian private equity in 2024, but tariff risks loom

The Republic secured $10.1 billion of capital investment in companies that are not publicly traded. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/04/2025

US tariffs signals end to era of free trade: Singapore PM Lawrence Wong

Wong also criticised the US's policy to address the country's trade imbalances by imposing tariffs. Wong believes that running a trade deficit is not inherently negative ...

Posted on 11/04/2025

Trump tariff nightmare continues to plague markets as fears of recession, trade paralysis spread

Singapore stocks headed for an 8.5 per cent plunge for the week as US-China trade war intensifies. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/04/2025

‘You don’t do this to a friend’: Singapore PM on Trump’s 10% tariffs

Lawrence Wong expressed that Washington’s new tariffs are not a reform of the global trade order but rather a rejection of the very system that the US once championed.

Posted on 11/04/2025

US tariffs push MAS to rethink currency policy; PM Wong slams Calvin Cheng’s Gaza remarks as unacceptable: Singapore live news

MAS is expected to ease currency policy to support economy as US tariffs bite while PM Wong urged citizens to reject divisive speech. Plus some of the biggest and fascinating news in Singapore and ...

Posted on 11/04/2025

Singapore’s STI tumbles more than 3% on Friday on continued tariff tensions

SINGAPORE] Singapore shares declined more than 3 per cent after the market opened on Friday (Apr 11), as tariff uncertainty returned. Read more at The Business Times.

Posted on 11/04/2025

Buying the dip, nervous selling drive trading volumes up in Singapore amid tariff volatility

SINGAPORE] Brokerages recorded a surge in trading activity amid heightened market volatility after US President Donald Trump announced sweeping tariffs on Apr 2. Read more at The Business Times.

Posted on 11/04/2025

Singapore’s STI tumbles more than 3% as tariff tensions resume

SINGAPORE] Singapore shares declined more than 3 per cent after the market opened on Friday (Apr 11), as tariff uncertainty returned. Read more at The Business Times.

Posted on 10/04/2025

Exclusive: Singapore’s SC Capital in talks to buy British data centre group Global Switch, sources say

Singapore-headquartered real estate investment manager SC Capital Partners has emerged as a potential bidder for British data centre group Global Switch, two people familiar with the matter told ...

Posted on 10/04/2025

Trump tariffs: SDP calls for GST to be reduced to 7% to help with costs of living

The Singapore Democratic Party also asked the government to reduce prices and fees that were "increased over the last few years" back to pre-COVID levels.

Posted on 10/04/2025

Latest Singapore six-month T-bill cut-off yield retreats to 2.5%

SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) tumbled to 2.5 per cent, the auction results by the Monetary Authority of Singapore on Thursday (Apr 10) showed.

Posted on 10/04/2025

Singapore’s healthcare bill set to skyrocket to RM100b by 2030, says minister

By 2030, healthcare spending in Singapore is poised to become the government’s largest financial commitment, with projections pointing to an annual expenditure nearing S$30 billion (RM100 billion).

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