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Tag: tax

Posted on 15/09/2024

S’pore consumers unlikely to see big hike in electricity prices from clean imports: Observers

The clean power will mostly be purchased by companies looking to slash their emissions, they said. Read more at straitstimes.com.

Posted on 15/09/2024

Planning a trip to Singapore? Here are 5 things you should leave behind

Singapore is known for its strict adherence to customs and laws. Travellers should be aware of items banned in the country, including chewing gum, e-cigarettes, drugs, sharp objects, and living fish ...

Posted on 15/09/2024

Singapore ranks as the 2nd leading source of global cross-border capital in 2024

Following Singapore, the top ten sources of cross-border capital from the Asia Pacific region are Hong Kong (fourth), Japan (eighth), and China (tenth) ...

Posted on 14/09/2024

Singapore Customs issues scam alert on ‘parcel clearance’ fraud SMS and phishing link

Singapore Customs would like to alert the public about a circulating Scam SMS. The SMS FALSELY claims to be from Singapore Customs by identifying itself as ‘S.G. Customs’. We do NOT use ‘SGCustoms’ ...

Posted on 14/09/2024

SMS impersonation scam alert: Singapore Customs warns the public about SMS from “S.G. Customs” sent out by scammers

For verification or concerns about SMS messages claiming to be from Singapore Customs, the public is advised to contact the agency directly at customs_feedback@customs.gov.sg. More information about ...

Posted on 14/09/2024

Singapore Customs warns public against falling for impersonation SMS scam

The agency said it does not ask recipients for their details in messages in exchange for their goods. Read more at straitstimes.com.

Posted on 13/09/2024

WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected

WazirX faced a $230M hack and sought a Singapore court moratorium. If denied, restructuring delays could leave users in prolonged uncertainty.

Posted on 13/09/2024

Singapore wholesaler fined $3,000 for illegal meat imports from China

Wholesaler Sinoh Trading Pte. Ltd has been fined SGD4,000 (US$3,000) for importing 400 kilograms of meat from China without permits.Its sales manager Zhang Lu was also fined SGD4,000 for failing to ...

Posted on 13/09/2024

Singapore Rejects Bid for New Business District Over Low Price

Singapore rejected a bid by a group of top property firms to develop a new business district in the island’s west, after judging the price offered by it to be unattractive.

Posted on 13/09/2024

Wholesaler and sales manager fined $4k each over illegal import of meat from China

Wholesaler Sinoh Trading Pte. Ltd was fined $4,000 on Sept 11 for illegally importing meat products into Singapore without a valid permit. Read more at stomp.straitstimes.com ...

Posted on 13/09/2024

Singapore economy expected to grow by 2.6% – higher than previous forecasts

The upward revision in the country's economic outlook for the year is driven by better-than-expected performance across key sectors in Q2.

Posted on 13/09/2024

Singapore leads global GenAI business adoption, customer trust trails behind

Singapore tops global generative AI (GenAI) adoption with 59% of businesses using it, Vodafone reported. However, less than half, or only 45% of customers feel that companies use technology in a way ...

Posted on 13/09/2024

AFTER 17% surge in last fiscal year, Singapore’s tax revenue expected to rise at slower pace in FY24/25

AFTER rising 17 per cent to a new high in the last fiscal year, Singapore’s tax revenue is expected to increase further this year – but more slowly, say tax specialists. Read more at The Business ...

Posted on 13/09/2024

Worldcoin says Singapore is not investigating its crypto project

P]ersons who buy or sell Worldcoin accounts and tokens as a business may be providing a payment service,” Yong added. Worldcoin has drawn legal and governmental scrutiny in ...

Posted on 12/09/2024

Singapore Is Shaping the Future of International Energy Markets

Singapore's leadership being sufficiently forward thinking enough to construct what was necessary to attract global energy giants, leveraging natural advantage for future economic success ...

Posted on 12/09/2024

Crypto Adoption Remains Steady Across US, UK with France and Singapore Also Experiencing Surge in Users – Report

Gemini is pleased to announce the release of the 2024 Global State of Crypto report, offering a comprehensive look at attitudes and behavior toward digital ...

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