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Tag: tax

Posted on 18/06/2025

Singapore shares dip ahead of Fed decision; STI down 0.3%

Across the broader market, decliners outnumber advancers 243 to 212, as 822.1 million securities worth $905.7 million change hands. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

3 men arrested over evasion of more than $800k in cigarette duties and taxes

A total of 7,500 cartons of duty-unpaid cigarettes were seized during the operation in Gul Drive. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

EnterpriseSG, CapitaLand Investment launch challenge to foster, identify innovative retail concepts in Singapore

Winning brands will receive up to one year’s worth of free retail space in CapitaLand malls to pilot and showcase their concepts Read more at The Business Times.

Posted on 18/06/2025

BlackRock launches hedge fund for retail investors in Singapore and Hong Kong

SINGAPORE] BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset manager with US$11.6 trillion in assets under management ...

Posted on 18/06/2025

Retail competition aims to rejuvenate Singapore mall scene by offering free rent, financial support

SINGAPORE: Three retailers will get up to a year of free rent in prime shopping mall space and monetary support to pilot innovative concepts, as part of a competition aimed at rejuvenating Singapore's ...

Posted on 18/06/2025

Singapore’s private club 1880 shuts down

Private members' club 1880 located in Robertson Quay announced on Tuesday that it would close permanently due to 'declining patronage and spending.' ...

Posted on 18/06/2025

Economists cut Singapore’s 2025 growth forecast to 1.7% on geopolitical and trade tensions

The economists in the MAS survey also see growth stuck at 1.7 per cent in 2026. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

Singapore MAS survey shows economists cut GDP, inflation forecasts and see more easing

SINGAPORE: Economists have lowered their forecasts for Singapore's growth and inflation this year and are expecting a further easing of monetary policy next month, a survey of forecasters by the ...

Posted on 17/06/2025

Three Malaysians arrested in Singapore for evading over RM2.69mil in cigarette duty and tax

Three Malaysian men have been arrested for suspected evasion of S$812,384 (RM2.69 million) in cigarette duty and Goods and Services Tax (GST) following an enforcement operation at Gul Drive.

Posted on 17/06/2025

Three men arrested over evasion of more than $800,000 in cigarette duties and taxes

A total of 7,500 cartons of duty-unpaid cigarettes were seized during the operation in Gul Drive. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore shares rise even as exports in May fall; STI up 0.6%

Across the broader market, advancers edged out decliners 275 to 210, after 1.2 billion securities worth $993.8 million were traded Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore, Thailand may see negative growth by 2026 as Asean reels from tariffs: Bloomberg

SINGAPORE] The full impact of the escalating US tariffs on Asean’s growth will likely emerge in 2026 – and Bloomberg projects a sharp regional slowdown. Read more at The Business Times.

Posted on 17/06/2025

Singapore private club 1880 suddenly closes; founder says it has no funds to pay staff and suppliers

Private members' club 1880 announced its sudden closure on June 17 after almost eight years in business, with its holding and operating companies placed under provisional liquidation. The club, ...

Posted on 17/06/2025

I’m an American getting an MBA in Singapore. Here’s why I think there’s a silver lining to the visa chaos in the US.

Ryan Wall earned an engineering degree from the University of Colorado Boulder and is now pursuing an MBA at the National University of Singapore.

Posted on 17/06/2025

New container ship named Singapore is latest of 32 vessels in Ocean Network Express’s fleet expansion

Singapore-based carrier’s new ships will all be registered here and can be modified to use greener fuel. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore’s key exports chart surprise 3.5% slide in May as front-loading cools

SINGAPORE] Economists believe that front-loading activity may have started slowing down, after Singapore’s key exports declined 3.5 per cent on the year in May after April’s surge. Read more at The ...

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