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Tag: tax

Posted on 02/07/2024

Investments from GIC ‘not the solution’ to shake up Singapore’s stock market: Chee Hong Tat

Doing so will compromise our objectives of setting up GIC, which is not beneficial for Singapore and Singaporeans,” says Transport Minister and Second Minister for Finance Chee Hong Tat.

Posted on 02/07/2024

Customs officers find contraband cigarettes worth over $800k in unpaid taxes; 3 men arrested

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

Posted on 02/07/2024

MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International

“The index’s uptrend has stayed intact for the past six months, since rebounding from its December 2023 low of 268.72 points, and is likely to maintain its upward trajectory for the next three to six ...

Posted on 02/07/2024

This S’porean left the crypto industry to grow her family’s homemade rice wine business

Instead, she chose to grow Ye Traditions, her family’s then-new rice wine business that’s backed by traditional Chinese medicine (TCM).  Now I know what you’re thinking, why would she do that?

Posted on 02/07/2024

Singapore stocks rose on Tuesday—STI increased by 0.2%

SINGAPORE: Singapore stocks rose on Tuesday, July 2, influenced by overnight gains in the US and European markets. The Straits Times Index (STI) increased by 6.37 points or 0.2%, reaching 3,344.94 by ...

Posted on 02/07/2024

Most Singapore companies not fully measuring Scope 3 emissions; understanding is low: study

ONLY 6 per cent of Singapore business leaders said that their organisation is fully measuring and analysing Scope 3 emissions – the carbon emitted along a company’s value chain – said a study released ...

Posted on 02/07/2024

Singapore’s Increased Scrutiny on Family Offices Is Creating More Work for Lawyers

In the wake of a major money laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to ...

Posted on 02/07/2024

Paxos Wins Approval from Singapore to Issue Stablecoins

Paxos secures Singapore's approval to issue stablecoins, boosting its global cryptocurrency operations and partnership with DBS Bank.

Posted on 01/07/2024

Singapore court dismisses appeal to lift freezing order on assets of wife of Three Arrows founder

THE High Court of Singapore has dismissed an appeal from the wife of a founder of failed crypto hedge fund Three Arrows Capital (3AC) to lift the freezing order on her assets. Read more at The ...

Posted on 01/07/2024

US Regulatory Hurdles Push Chinese AI Startups To Shift Base To Singapore

In the face of rising geopolitical tensions and regulatory challenges in the U.S., Chinese artificial intelligence (AI) startups are increasingly relocating to Singapore. This move is aimed at gaining ...

Posted on 01/07/2024

Singapore stocks edge up, tracking regional gains; STI up 0.2%

Losers outweighed gainers 206 to 184, after $952 million worth of securities changed hands. Read more at straitstimes.com.

Posted on 01/07/2024

Singapore – Five Key Considerations For M&A In The Retail And Consumer Sector.

Singapore - Five Key Considerations For M&A In The Retail And Consumer Sector. Legal News and Analysis - Singapore - Corporate/M&A - ...

Posted on 01/07/2024

Singapore Flags Higher Terrorism Financing Risk for Digital Payment Token Services

Singapore has raised the risk level for DPT providers potentially facilitating terrorism financing from "medium-low" to "medium-high." ...

Posted on 01/07/2024

Johor-Singapore SEZ to benefit entire supply chain, boost economic connections: UOB chief

THE upcoming Johor-Singapore Special Economic Zone (SEZ) is set to benefit businesses across multiple sectors in Singapore and Malaysia by creating opportunities for the entire supply chain, while ...

Posted on 01/07/2024

China’s AI Startups Head to Singapore in a Bid for Global Growth

This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore. The business-friendly country offers Wu and Chen better access ...

Posted on 01/07/2024

S&P Global Becomes Latest Partner of Singapore’s Project Guardian

S&P Global Ratings has become a partner of the Project Guardian plan. This ambitious initiative by the Monetary Authority of Singapore (MAS) aims to explore the transformative potential of asset ...

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