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Tag: tax

Posted on 03/04/2024

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...

Posted on 03/04/2024

Singapore shares dip at Wednesday’s open—STI dropped by 0.7%

SINGAPORE: Singapore shares dipped at Wednesday’s open, mirroring overnight declines on Wall Street. The decline... The post Singapore shares dip at Wednesday’s open—STI dropped by 0.7% appeared first ...

Posted on 03/04/2024

Swiss banker gets no prison in ‘Singapore Solution’ tax scam

He took part in a scheme to help wealthy US clients hide more than US$60 million in assets. Read more at straitstimes.com.

Posted on 03/04/2024

Public companies are Isetan (Singapore) Limited’s (SGX:I15) biggest owners and were rewarded after market cap rose by S$172m last week

Key Insights The considerable ownership by public companies in Isetan (Singapore) indicates that they collectively ...

Posted on 03/04/2024

Singapore hotelier makes room for stays that help with biodiversity

CEO Choe Peng Sum also aims to move Pan Pacific Hotels Group's properties closer to being zero-energy. Read more at straitstimes.com.

Posted on 03/04/2024

Singapore fortifies crypto regulations to lead the global marketplace

Singapore has made progress in its regulatory framework for the engaging cryptocurrency industry, evidenced by its changes to its offense of payment services that involve custody of digital assets and ...

Posted on 02/04/2024

Singapore to prescribe list of regulatory fees not subject to GST; remaining fees to be taxed after 2025

SINGAPORE will prescribe a list of government fees that will not be subject to the goods and services tax (GST), with ...

Posted on 02/04/2024

Singapore expands crypto rules, now covers custody and payments

Singapore's financial regulator has released an expansion to its crypto framework. It will now oversee rules on custody and payments.

Posted on 02/04/2024

Singapore Imposes Licencing Requirement On Crypto Custody Services

Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services. The Monetary Authority of Singapore (MAS) has announced that it will now regulate ...

Posted on 02/04/2024

Singapore Expands Digital Asset Regulation To Include Token Custody And Fund Transfers

In a move to further regulate the digital asset industry, Singapore has broadened its regulatory framework to encompass the custody of tokens and additional firms involved in fund transfers. What ...

Posted on 02/04/2024

Singapore Expands Payment Services Act To Include Crypto Custody, Transfers

Singapore was among the jurisdictions that established regulations for the cryptocurrency industry utilizing a consultative approach that crypto observers lauded. It is known as a digital asset hub ...

Posted on 02/04/2024

Singapore Updates Crypto Laws for Enhanced Safety

Singapore's MAS tightens regulations on the crypto sector, expanding oversight to cover digital payment tokens and strengthening user protection.

Posted on 02/04/2024

Worry over ‘vaping generation’ in Singapore as vaping offences surged in 2023

The purchase, use or possession of vapes in Singapore in 2023 jumped to about 7,900 cases, from about 5,000 cases in 2022 and 4,700 cases in 2021.

Posted on 02/04/2024

Firms fined in Singapore for breaching food safety rules

Three companies were fined recently in Singapore for violating food safety regulations. Lee Peng Hwa, proprietor of LPH Catering, was told to pay SG ...

Posted on 02/04/2024

Singapore aims to be the “World’s Best MICE City” with New Campaign

Discover how Singapore's new campaign cements its status as the top MICE city, aiming for impactful, lasting business event legacies.

Posted on 02/04/2024

UPDATE 2-Singapore hands down first conviction in $2.2 billion money laundering case

SINGAPORE, April 2 (Reuters ... "Investigations revealed that Su Wenqiang was involved in an unlawful remote gambling business based in the Philippines, which offered its remote gambling services to ...

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