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Tag: tax

Posted on 10/09/2024

Singapore tweaks casino law to allow cashless gaming; ‘no intention’ of letting crypto be used to bet

Amendments to the Casino Control Act will also see the Home Affairs Minister overseeing functions related to the whole of government at the strategic level, while the Gambling Regulatory Authority ...

Posted on 10/09/2024

Seven Under Investigation as Singapore Cracks Down on Worldcoin Trading

Singapore authorities have launched an investigation into seven individuals allegedly involved in the illicit trading of Worldcoin accounts.

Posted on 10/09/2024

Sam Altman’s Crypto Project Worldcoin Faces Scrutiny in Singapore

Singapore is scrutinising activities related to Worldcoin, a cryptocurrency project that utilizes iris scans for user identification.

Posted on 10/09/2024

Higher costs to protect platform workers ‘part and parcel’ of doing business, says Koh Poh Koon as law passes

Market competition and union-like associations can help to counter any loading of costs onto platform workers and fears of discrimination if they opt for higher CPF contributions, said Senior Minister ...

Posted on 10/09/2024

Rising women power will not shield Singapore companies from fierce headwinds

WOMEN are busy smashing glass ceilings abroad and at home. Vice-President Kamala Harris could be the first woman ever to lead the United States if she wins in November’s presidential election. Read ...

Posted on 10/09/2024

Singapore’s trade sees 10.1% growth in Q2 with rising imports and exports

Singapore’s merchandise exports maintained a positive growth trajectory, whilst the manufacturing contraction eased in Q2 2024, McKinsey reported. Merchandise exports grew 7.6%, whilst imports ...

Posted on 10/09/2024

Singapore Police Launch Investigation Into Worldcoin Account Sales: Minister

Singapore police are investigating seven individuals for allegedly offering to buy and sell Worldcoin accounts and tokens.

Posted on 10/09/2024

China’s Export Growth Surprises in August

Chinese exports exceeded market expectations in August, rising at a faster clip despite the impact of punitive tariffs.

Posted on 10/09/2024

Singapore Business Delegates Eye Bengaluru Expansion

The Singapore Business Federation (SBF) expressed interest in opening an office in Bengaluru, potentially creating a 'Singapore in Bengaluru'. The high-level delegation assured Karnataka's Large and ...

Posted on 09/09/2024

Singapore introduces legislation for top-up corporate taxes, in line with Pillar 2 of BEPS 2.0

SINGAPORE has introduced legislation for a previously announced domestic top-up tax, in line with changes to global tax rules. Read more at The Business Times.

Posted on 09/09/2024

Singapore business confidence hits 2-year high, though manufacturing outlook still muted: Survey

Relatively upbeat outlook largely due to the financial, construction and transportation sectors. Read more at straitstimes.com.

Posted on 09/09/2024

JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

JST Digital's Singapore subsidiary has received in-principle approval from MAS for a Major Payment Institution (MPI) licence.

Posted on 09/09/2024

Sun Cable undaunted as Indonesia cuts in on Singapore exports

Singapore granted conditional approvals for several Indonesian clean electricity export ventures, but also increased its target for imports.

Posted on 09/09/2024

Singapore business confidence hits two-year high in Q4 2024: Commercial Credit Bureau survey

LOCAL business sentiment continued on an upward trend for the fifth consecutive quarter, hitting a two-year high in the fourth quarter of 2024. Read more at The Business Times.

Posted on 09/09/2024

Asia Crypto Roundup: OKX Gets License in Singapore, India Reconsiders Global Exchange Registrations, and More

Asia’s crypto market evolves as OKX secures a major license in Singapore, and India prepares to allow offshore crypto exchanges by 2025.

Posted on 09/09/2024

From Hong Kong to Singapore, crypto ETFs face chill

The Bitcoin and Ether ETFs launched by Bosera HashKey, ChinaAMC and Harvest in Hong Kong earlier this year have posted total returns ranging from around minus 5% to about minus 20% as of the end of ...

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