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Tag: tax

Posted on 03/07/2024

Boustead unit partners Evotion Labs to deploy Singapore’s first EV motorcycle battery swop stations

A UNIT of engineering and technology group Boustead Singapore has signed a memorandum of understanding (MOU) with local electric vehicle (EV) solutions provider Evotion Labs to deploy Singapore’s ...

Posted on 03/07/2024

6 family office funds tied to Singapore launder case got tax breaks

Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.

Posted on 03/07/2024

Nine in 10 Singapore firms fall short in measuring Scope 3 emissions: report

"Knowledge deficits linked to inaction." The vast majority or 94% of Singapore organisations fail to fully measure and analysing their Scope 3 emissions, according to a joint report by Schneider ...

Posted on 03/07/2024

About half of Singapore companies are still looking to hire more staff: Report

SINGAPORE: Singapore’s labour market is expected to remain tight as demand for talent continues to... The post About half of Singapore companies are still looking to hire more staff: Report appeared f ...

Posted on 03/07/2024

3 men arrested after Customs officers find contraband cigarettes; over $800k in taxes evaded

Singapore Customs officers seized a total of 7,500 cartons of duty-unpaid cigarettes. Read more at straitstimes.com.

Posted on 03/07/2024

6 single family office funds linked to $3b money laundering case were given tax benefits: DPM Gan

SINGAPORE – A total of six single family office (SFO) funds in Singapore given tax benefits were found to be linked to the 10 foreigners arrested and convicted in the nation’s largest money laundering ...

Posted on 03/07/2024

Six single-family office funds linked to S$3 billion money laundering case given tax incentives

SIX single-family office (SFO) funds that had been awarded tax incentives by the government have been linked to individuals convicted in Singapore’s biggest money laundering case, or their spouses.

Posted on 03/07/2024

New data from FourKites: shipping delays at port of Singapore

By Mike DeAngelis, FourKites Senior Director, International Solutions.

Posted on 02/07/2024

Singapore ups crypto exchanges risk factor under new law update

Singapore has updated its Terrorism Financing laws, raising the risk level for crypto exchanges to medium-high. This move aims to prevent terrorist groups from exploiting the nation’s economic ...

Posted on 02/07/2024

Proposed law to allow Singapore courts to order the sale of seized properties linked to criminal activities

This will allow law enforcement agencies to cut back on maintenance costs and preserve the value of the seized properties, says the Ministry of Home Affairs.

Posted on 02/07/2024

Singapore introduces Bill to tackle money laundering, recovery of assets

SINGAPORE has introduced a new Bill to improve the ability of law enforcement agencies to prosecute money laundering and deal with properties linked to suspected criminal activities. Read more at The ...

Posted on 02/07/2024

Usha Chandradas on Bills to strengthen Singapore’s anti-money laundering regime

NMP Usha Chandradas voiced support for the Corporate Service Providers Bill, which requires corporate service providers and qualified individuals who provide or supervise the provision of corporate ...

Posted on 02/07/2024

DBS Bank Enters Stablecoin Custody Space in Singapore

Singapore's largest bank, DBS Group Holdings, has announced its entry into the cryptocurrency industry with stablecoins.

Posted on 02/07/2024

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

Digital asset company Paxos received Monetary Authority of Singapore approval to offer digital payment token services, enabling it to issue stablecoins. DBS will be the company's banking partner for ...

Posted on 02/07/2024

“The Asia-Pacific RWA Tokenization Platform” 2024 Biannual Forum is being held in Singapore: The Real Application Moment of RWA is Approaching

Pacific RWA Tokenization Platform (APRTP-Asia-Pacific RWA Tokenization Platform) held its 2024 Biannual Forum at the Singapore Sands Convention Centre. Two world-class bank and bank-backed ...

Posted on 02/07/2024

Sony Ventures Into Crypto With Purchase Of WhaleFin Exchange

Sony ventures into the crypto market with the purchase of WhaleFin Exchange. Discover what this move means for the industry and Sony's future in digital assets.

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