Tag: tax

Singapore would have ended up with fiscal deficits last year and for this year’s projected balance, without the Goods and Services Tax increase and unexpected rise in corporate income tax collections, ...

Three Singapore men were charged with stealing from a supplier of computer servers, shedding light on the role of local intermediates in the global distribution of Nvidia Corp. chips.

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies such as the Australian dollar and sent ...

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies such as the Australian dollar and sent ...

Regional markets were also in the red on Feb 28. South Korea’s Kospi shed 3.4 per cent, Hong Kong’s Hang Seng Index declined 3.3 per cent, Japan’s Nikkei 225 fell 2.9 per cent, and the Kuala Lumpur ...

Catherine Wu, adviser to Singaporean billionaire Kwek Leng Beng, has emerged as a key figure in the tycoon’s feud with his son Sherman Kwek after the latter called her the “primary reason” behind the ...

More than 15 members of the Kwek family are part of Hong Leong Group, which controls City Developments Limited, now at the center of a dispute between chairman Kwek Leng Beng and CEO Sherman Kwek.

Singapore has charged three men with fraud, according to court documents, in cases reportedly linked to the transfer of AI-powering Nvidia chips to China.

Bitcoin has tumbled amid worries about Trump's combative stance and broader concerns about the US economy. Read more at straitstimes.com.

By Rae Wee SINGAPORE (Reuters) -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, ...

Officials in Washington are reportedly scrutinizing chip shipments to Singapore following the recent success of Chinese startup DeepSeek.

By Michele Pek SINGAPORE (Reuters) -Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports ...

Total investment was only at $1.7b. Singapore’s fintech investment dropped to $1.7b (US$1.3b) in 2024, marking its lowest level since 2020, according to KPMG. The decline signals a market adjustment ...

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 ...

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 ...

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 ...