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Tag: tax

Posted on 28/02/2025

Risk currencies, crypto hammered by Trump’s impending tariffs

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday in risk-sensitive currencies such as the Aussie, sent bitcoin tumbling and gave ...

Posted on 28/02/2025

Iron ore set for monthly loss on China steel export concerns

Iron ore futures prices fell on Friday and were set for modest monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports. The most-traded May iron ...

Posted on 28/02/2025

Singapore urged to cap F&B licenses amidst record closures

More than 3,000 restaurants folded up in 2024. The government should consider limiting the licenses issued to food and beverage (F&B) companies to stabilise the market after record closures in ...

Posted on 28/02/2025

Nearly half of IT leaders in Singapore struggle to spot phishing scams

Nearly half of Singaporean IT decision-makers (46%) struggle to distinguish legitimate emails from phishing scams, according to new research from KnowBe4. The study found that 72% mistakenly ...

Posted on 28/02/2025

Family disputes rock $18B City Developments empire of Singapore’s 4th richest man Kwek Leng Beng

Singaporean billionaire Kwek Leng Beng spent over 60 years building up the country’s biggest property developer City Developments Ltd, but an ongoing feud with his son Sherman is now shaking up his ...

Posted on 28/02/2025

Singapore Billionaire’s Scion Denies Board Coup, Blames Aide

The scion of Singapore’s richest real estate clan denied his father’s claim that he was leading a boardroom coup, saying the primary reason for the family dispute lies with a key adviser to the ...

Posted on 28/02/2025

Top 10 Crypto-Friendly Countries 2025: U.S., Canada, and Other Leading Nations

It's important to know the crypto-friendly countries where the best environment for the digital asset thrives. Find out the complete list, here.

Posted on 28/02/2025

Singapore Billionaire’s Scion Denies Board Coup, Blames Key Aide

The scion of Singapore’s richest real estate clan denied his father’s claim that he was leading a boardroom coup, saying the primary reason for the family dispute lies with a key adviser to the ...

Posted on 27/02/2025

3 men charged with fraud, cases linked to alleged movement of Nvidia chips from Singapore to China

Two Singaporeans – Aaron Woon Guo Jie, 41, and Alan Wei Zhaolun, 49 – were charged with criminal conspiracy to commit fraud on a supplier of servers. They allegedly made false representations in 2024 ...

Posted on 27/02/2025

Iron ore dips on Chinese export woes, but resilient demand limits losses

By Michele Pek SINGAPORE (Reuters) -Iron ore futures prices closed lower on Thursday, pressured by escalating tariff measures against Chinese steel, though solid demand for the steel-making ingredient ...

Posted on 27/02/2025

Experts share insights on dispute between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Analysts say City Developments Limited (CDL) remains stable despite a legal battle between chairman billionaire Kwek Leng Beng and his son, CEO Sherman Kwek, though corporate governance concerns ...

Posted on 27/02/2025

Singapore stocks gain ground; STI rises 0.3% despite Yangzijiang Shipbuilding dive

The three local banks show mixed performance, with DBS declining while OCBC and UOB advance. Read more at straitstimes.com.

Posted on 27/02/2025

Maybank teams up with SME association to help firms expand in Johor-Singapore economic zone

Maybank saw a 250 per cent jump in SMEs’ inquiries and referrals about doing business in Johor. Read more at straitstimes.com.

Posted on 27/02/2025

Yangzijiang Financial mulls spin-off to strengthen Singapore presence

The profitability of Yangzijiang Financial's maritime segment may be even greater if it is a standalone entity, says executive chairman Ren Yuanlin ...

Posted on 27/02/2025

New directors at center of Singapore’s 4th richest billionaire Kwek Leng Beng’s dispute with son agree not to exercise power

Singapore-based property giant City Developments Limited’s two new directors, who are involved in the conflict between billionaire Kwek Leng Beng and his son, have agreed not to take further actions ...

Posted on 27/02/2025

Daily Cuts – SingPost to seek shareholder approval for sale of Australia business

Singapore Post will move forward with the sale of its Australia business by holding an extraordinary general meeting on March 13 to seek shareholders' approval for the divestment. Andrea Heng and ...

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