52% of larger companies are affected, and 78% of small businesses in Singapore have experienced business losses due to compliance issues. The findings also showed concern among business leaders, with ...
Italy opens new trade office in S’pore to boost business ties with South-east Asia
SINGAPORE – Italy on May 9 opened the Singapore office of its export credit agency Sace in a move to help its companies capture growing trade and investment opportunities across South-east Asia.
IRAS discovered 166 cases of tax avoidance; set to recover S$60M ABSD and surcharges
SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong said on Tuesday (May 7)... The post IRAS discovered 166 cases of tax avoidance; set to recover S$60M ABSD and surcharges appeare ...
Singapore And UK Hold 9th Financial Dialogue, Bolster Partnership In Fintech And Sustainable Finance
The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in the city-state on Wednesday. Both countries discussed collaboration opportunities in priority areas such as ...
Singapore shares took a dip on Thursday—STI dropped by 0.3%
SINGAPORE: Singapore shares took a dip on Thursday, after some less-than-stellar earnings reports between market... The post Singapore shares took a dip on Thursday—STI dropped by 0.3% appeared first ...
Harvest partnership to bring HK-listed crypto ETFs to Singapore
Hong Kong-based Harvest Global Investments has agreed a strategic partnership with Singapore-headquartered digital assets-focused financial technology group MetaComp to make its new cryptocurrency ...
Transcript: Singapore wants to shake up its stock market
Mercedes Ruehl The problem for Singapore Exchange is quite unique. As global financial centres go, Singapore has risen exponentially as a business hub, as a commercial and finance hub in the region.
What Is The Additional Buyer’s Stamp Duty (ABSD) 99-1 Loophole in Singapore and Is It Illegal?
ABSD is a hefty tax that gets slapped on any Singapore citizen buying a second or subsequent residential property. All Permanent Residents (PRs) and foreigners have to pay ABSD on all residential ...
Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US ...
We are pro-Singapore: DPM Lawrence Wong on standing between the US and China
Countries, including Singapore, have to navigate an unpredictable world that could be messy for a decade or longer, said DPM Wong. Read more at straitstimes.com.
Shell offloads Singapore assets
Shell has sold its remaining chemical assets in Singapore in the latest attempt to simplify operations and sell-off less profitable parts of the business. Glencore, the commodities group, and Chandra ...
Singapore has achieved astounding economic success
S ince its independence almost 60 years ago, Singapore has become a beacon of prosperity. In a part of the world where middle-income status is the norm, the city-state is now the ...
Shell sells Singapore assets on Pulau Bukom and Jurong Island after strategic review
SINGAPORE - Oil giant Shell has agreed to sell its energy and chemicals park on Singapore’s Pulau Bukom and Jurong Island to a joint venture comprising Indonesia’s Chandra Asri Capital and global ...
Singapore urged to increase renewable grid interconnection investment
Singapore should focus on increasing its investment in renewable grid interconnection to double its renewable energy imports, supporting its energy transition and bringing the cost of its electricity.
US revokes Intel, Qualcomm’s export licenses to sell to China’s Huawei, sources say
By Alexandra Alper, Fanny Potkin and David Shepardson WASHINGTON/SINGAPORE (Reuters) -The U.S. has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops ...
Singapore’s DBS appoints Ping An Technology CEO as chief information officer
SINGAPORE, May 8 (Reuters) - Singapore's biggest bank DBS Group (DBSM.SI) , opens new tab said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief ...