A mother-and-son duo is facing charges for giving false and misleading information to the Inland Revenue Authority of Singapore (Iras) during its audit of cases of the so-called "99-to-1" arrangement ...
Malaysia dangles tax breaks to lure Asia’s rich to Forest City to revive China-backed project
Malaysia is offering zero per cent tax to attract wealthy Asians into setting up family offices in the troubled Chinese-led mega project Malaysia on Friday said it will offer a zero per cent tax rate ...
Singapore doubles renewable electricity imports through regional power project, with added supply from Malaysia
Singapore currently imports up to 100 megawatts (MW) of renewable energy from Laos through a cross-border initiative called the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) ...
S’pore doubles clean electricity imports through regional grid; more power to come from Malaysia
SINGAPORE - Singapore will be doubling its clean electricity imports via a regional power grid, after an extension of the multilateral deal – which enabled Singapore to import hydropower from Laos via ...
Business meets boxing: The rise of white-collar fights in Singapore
More companies are sponsoring fighters and purchasing ringside tables to support their employees. Read more at straitstimes.com.
Singapore shares decline despite regional rally; STI down 0.2%
The mood change did not inflict much damage, however, with the Straits Times Index (STI) down just 0.2 per cent or 8.42 points to 3,624.76 on Sept 20 with gainers edging out losers 294 to 274 on ...
More than 8 in 10 business leaders report sustainability skills gap in their organisations
SINGAPORE: More than eight in 10 business leaders said their companies face a gap in sustainability skills and expertise, according to the NTUC LearningHub’s Sustainability for Business Resilience ...
Singapore’s tax revenue expected to rise at slower pace in FY24/25, say tax experts
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. Harvey Koenig, partner, ...
SocGen’s Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum
SINGAPORE – SG Forge, a subsidiary of Societe Generale, will roll out euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain, the French financial services firm said Friday. SG Forge ...
Does Singapore’s economic future rest on the secretive moves of elite family offices?
Moreover, many family offices are championing environmental, social, and governance (ESG) initiatives alongside philanthropic endeavors. These efforts not only uplift the community but also steer the ...
Singapore-based crypto firm Terraform Labs approved for bankruptcy wind-down
Investors, including Singaporeans, lost an estimated US$40 billion when its TerraUSD and Luna tokens collapsed in 2022. Read more at straitstimes.com.
Custodian Arrangement Is the Core Requirement for Obtaining MPI License, Says OKX Singapore CEO
In a recent interview, Grace Lin, the new CEO of OKX Singapore, discussed how the exchange obtained its recently acquired MPI license.
Customs Officers Find Smuggled Sports Car Worth RM531,960 In Shopping Mall Parking Lot
China Press reported that the management of a shopping mall in Petaling Jaya, Selangor notified JKDM after noticing the white luxury sports car parked in their lot for three months. Nadzri said they ...
Singapore’s middle distillates stocks dip for third week amid robust net exports
Singapore's middle distillates inventories fell for a third straight week, tracking the strength in gasoil/diesel net exports, official data showed on Thursday. Stocks of diesel/gasoil and jet ...
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Singapore's GenZero to work with Rwanda on carbon offset projects ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ...
Impact of carbon tax hike on Singapore companies
SINGAPORE: Close to 40% of companies in Singapore experienced “minimal impact” from the hike in carbon tax, according to a survey conducted by the Sustainable Energy Association of Singapore (Seas).