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Tag: tax

Posted on 24/09/2024

Singapore key exports jump 10.7% in August, extending July surge

SINGAPORE’S key exports in August continued the previous month’s rally on the back of a surge in electronics shipments, albeit at a slower pace than analysts were expecting. Read more at The Business ...

Posted on 24/09/2024

New office will be set up to streamline approval processes, cut red tape for Singapore SMEs

SINGAPORE – Small and medium-sized enterprises (SMEs) facing long-drawn or complicated governmental procedures can soon approach a new office for help to streamline approval processes and cut red tape ...

Posted on 24/09/2024

Proposed Amendments to Singapore’s Income Tax Act

Singapore’s Ministry of Finance initiated a public consultation on the draft Income Tax (Amendment) Bill 2024, which proposes several important changes to the Income Tax Act 1947 (ITA). These ...

Posted on 24/09/2024

Jail for man over tax fraud that caused Iras to lose more than $2m

SINGAPORE - He took part in a case of fraud involving a syndicate that exploited the Goods and Services Tax (GST) system, causing a loss of over $2 million to the Inland Revenue Authority of Singapore ...

Posted on 24/09/2024

Crypto Marketing Expert Emphasizes Importance of Skepticism in Cryptocurrency Promotion

Amanda Cassatt, founder of Web3 marketing firm Serotonin, emphasizes the necessity of skepticism and thorough personal research for investors navigating the burgeoning cryptocurrency market. Speaking at Token2049 in Singapore,

Posted on 23/09/2024

Decode: Legacy – Blending Entertainment, Education, Societal Benefit In An Immersive Homage To Crypto

Decode: Legacy was one of the key events that crypto enthusiasts looked forward to at Token2049 in Singapore – dubbed as the world's "first crypto-themed immersive theater." The creative event broke t ...

Posted on 23/09/2024

Travala Integrates Solana Blockchain for Crypto Payments

Travala, a crypto-based travel booking platform, announced its integration with the Solana blockchain during the Solana Breakpoint conference in Singapore.

Posted on 23/09/2024

Crypto Fight Night: Tron’s Justin Sun Ready to Battle Vitalik Buterin

Tron founder Justin Sun expressed interest in fighting Ethereum co-founder Vitalik Buterin at the upcoming CFN event in Dubai this December.

Posted on 23/09/2024

Facebook cofounder Eduardo Saverin donated $15 million to a Singapore private school that charges up to $47,000 a year

Eduardo Saverin gave $15 million to the Singapore American School to fund key projects. The school's tuition costs up to $47,000 a year.

Posted on 23/09/2024

Singapore prime office vacancies climb to highest since 2022 though rents hold up

Vacancies may stay elevated over next few quarters as companies grapple with higher costs., says JLL. Read more at straitstimes.com.

Posted on 23/09/2024

Lack of quality data and disconnected tech stack impacting Singapore businesses amid rising costs and competition: HubSpot Research

High costs is the leading challenge faced by Singapore business (44%) with one in five (22%) saying it’s the biggest challenge they are facing.Intense competition (39%), rising costs of reaching ...

Posted on 23/09/2024

Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat

Monday marked a slow beginning to the Asia trading week with BTC up 1.2% and ETH up 2.6%.Solana memecoin MOTHER, the brainchild of music star Iggy Azalea, is up 4% after having a strong presence at Breakpoint in Singapore.

Posted on 23/09/2024

What’s deterring developers from tapping perks to juice up Singapore’s urban centre?

WHEN Nov 26 rolls around, two urban-rejuvenation schemes of the Urban Redevelopment Authority (URA) will complete the five-year terms earmarked for them, so it may be time for a review of the Central ...

Posted on 22/09/2024

Asia’s crypto ownership surges 21.8% in 2024, reaching 326.8 million

According to Triple.A’s data report, the Asian continent is leading global crypto ownership, adding another 58.6 million crypto owners in just one year. Currently, Asia is home to over 326.8 million ...

Posted on 22/09/2024

Crypto PR exec relishes ‘skepticism’ around crypto marketing

Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, founder of Web3 marketing firm Serotonin.

Posted on 22/09/2024

US AML/KYC regulations drive market liquidity to more crypto-friendly jurisdictions

Demand for offshore exchanges rises to 49% in the US, beating on shore exchanges in the last quarter due to imposed regulations.

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