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Tag: tax

Posted on 06/11/2025

Community is the new capital: How Richard Giam is redefining business growth in Singapore

In Rainmaker's story lies a broader truth for global entrepreneurship: That the most valuable capital is still human. When relationships are nurtured with authenticity and purpose, they become the ...

Posted on 06/11/2025

Crypto News Today: StraitsX to Expand Stablecoin Network, Former Rugby Star Arrested in Crypto Theft, DWF Labs Hack Linked to North Korea

Overview The Singapore-based firm StraitX partners with Thailand’s KBank to launch real-time QR payments using the XSGD stablecoin by mid-2026.Former NRL player ...

Posted on 06/11/2025

Hong Kong relaxes virtual asset rules to cement role as Asia’s crypto hub

In a bid to tap global liquidity, Hong Kong’s Securities and Futures Commission announced it will now allow locally licensed VATPs to share their order books internationally via an overseas affiliate.

Posted on 05/11/2025

Singapore cancels tax incentives for two family offices with links to Cambodia’s Prince Group

The discussion on this matter in parliament also saw Workers' Party MP Kenneth Tiong apologising after saying National Development Minister Chee Hong Tat had asked a "stupid question".

Posted on 05/11/2025

Singapore cuts tax breaks for two family offices linked to Prince Group

Singapore has revoked the tax incentives of two single family offices linked to the US-sanctioned Prince Group, a multinational network accused of being one of Asia’s largest crime syndicates. The ...

Posted on 05/11/2025

Singapore’s integrated resort revival a model for Asia, but Korea lags far behind

Singapore is reaping the rewards of its bold bet on integrated resorts, transforming into a global hub for business, tourism and investment, while Korea remains stalled by regulatory gridlock despite ...

Posted on 05/11/2025

Singapore shares slide amid tech bubble jitters; STI down 0.1%

Singtel was the index’s biggest gainer, while Yangzijiang Shipbuilding fell the most Read more at The Business Times.

Posted on 05/11/2025

Crypto hit by bitcoin whales dumping US$45b in bets

The original cryptocurrency fell as much as 7.4% to dip below the US$100,000 mark for the first time since June.

Posted on 05/11/2025

APEC gathering opens door for expansion of Korean food exports: minister

Last week's Asia-Pacific Economic Cooperation (APEC) gathering in South Korea served as an opportunity to further boost the country's exports of various agro-livestock products, such as beef and pork, ...

Posted on 05/11/2025

Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date

Average daily turnover for these stocks hits S$165 million from Jun 30 to Nov 4 Read more at The Business Times.

Posted on 05/11/2025

Singapore rejects 3% of 1,300 family office applications in past 3 years, minister says

Singapore has blocked 3% out of 1,300 applications filed in the past three years to set up tax-exempt wealth management vehicles for rich families, an official said on Wednesday, responding to ...

Posted on 05/11/2025

Crypto’s retail era rattled with ETFs facing US$89,600 pain point

After billions poured into the easy-to-access exchange-traded funds this year, helping push bitcoin to a record high, the token is suddenly down more than 20% from its recent peak. While most ETF ...

Posted on 05/11/2025

Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project

Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Read more at The Business Times.

Posted on 05/11/2025

Crypto’s retail era rattled with ETFs facing $89,600 pain point

Average cost basis for US Bitcoin ETFs is $89,613 (11% below current price), marking breakeven point. Recent drop aligns with April technical zone where BTC reversed off 2025 low amid prolonged sellin ...

Posted on 05/11/2025

Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun

[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun. The Singdollar lacks important ...

Posted on 05/11/2025

Singapore receives interest from Malaysian firms to export renewable energy through second interconnector

For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Read more at The Business Times.

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