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Tag: tax

Posted on 26/12/2023

Asia’s crypto regulatory landscape changed in 2023 with Hong Kong at the lead

Hong Kong and Singapore led crypto regulation in Asia this year, with many global crypto firms expanding to both jurisdictions.

Posted on 26/12/2023

Singapore’s core inflation eases to 3.2% in November

Overall inflation fell to 3.6 per cent year-on-year in November, a drop from 4.7 per cent the previous month. This audio is generated by an AI tool. SINGAPORE: Singapore’s core inflation dipped to 3.2 ...

Posted on 26/12/2023

Singapore core inflation dips to 3.2% in November in return to slower price increases

Last month saw slower price increases for retail and other goods, food, as well as electricity and gas. Read more at straitstimes.com.

Posted on 26/12/2023

Time to reshape Singapore’s tax incentives and grants regime: Deloitte’s budget recommendations

Ahead of the highly anticipated OECD’s tax avoidance initiatives, Deloitte recommends fiscal subsidies for large enterprises.

Posted on 25/12/2023

Singapore’s ‘ice cream uncles’ are melting away thanks to old age and red tape: ‘it’s just the way it is’

Unlike America’s ice cream trucks, these hawkers in Singapore run their business on bikes – some of which aren’t even motorised. The vehicles come attached with a cooler to store blocks of ice cream ...

Posted on 25/12/2023

Weekly highlights from Asia’s crypto industry

This article dove into the key events and milestones that have marked the recent trajectory of the crypto industry across various Asian nations. Regulatory Shifts and Digital Currency Innovations ...

Posted on 23/12/2023

China’s crypto craving: back-door Binance traders look more important to exchange’s future in wake of US conviction

Binance workarounds allow mainland Chinese traders to sign up by listing their location as Taiwan, betraying the market’s importance to the world’s largest crypto exchange.

Posted on 23/12/2023

2,900 cartons of duty-unpaid cigarettes seized by Singapore Customs during raid in Yishun

SINGAPORE – A total of 2,900 cartons of duty-unpaid cigarettes were seized by Singapore Customs officers in an operation in Yishun on Dec 20. The goods and services tax evaded amounted to $342,134. A ...

Posted on 23/12/2023

Life Power List 2023: Worldwide Hotels CEO Carolyn Choo going global with Singapore hospitality

CEO of home-grown Worldwide Hotels redefines the Singapore hotel scene by keeping prices affordable Read more at straitstimes.com.

Posted on 23/12/2023

Digital currencies and tokenisation likely to move crypto market in 2024 with practical uses

The drama of the crypto winter is not fully over, but investors and market players cite reasons for optimism in the new year. Read more at straitstimes.com.

Posted on 23/12/2023

Coinremitter Celebrates 10 Million Crypto Transactions

The year 2023 had so many surprises in the crypto world. We could see Bitcoin crossing 30,000 USD by April 2023 and even crossing 40,000 USD by late 2023. Recently, Ferrari started accepting crypto ...

Posted on 23/12/2023

Singapore exports enter fragile recovery after 13-month slump with electronics still in the red

Electronic exports, however, continued to decline, falling 12.7 per cent year on year in November. Read more at straitstimes.com.

Posted on 22/12/2023

More than 2,900 cartons of duty-unpaid cigarettes seized by Singapore Customs

SINGAPORE – A total of 2,900 cartons of duty-unpaid cigarettes were seized by Singapore Customs officers in an operation in Yishun on Dec 20. The goods and services tax (GST) evaded amounted to ...

Posted on 22/12/2023

Singapore stocks in the black amid festive cheer, STI up 0.9%

SINGAPORE – Local investors are getting a festive spring ... losing 2.3 per cent to US$2.14. THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you.

Posted on 22/12/2023

Sumitomo Life to Buy Stake in Singapore Insurance Business

Sumitomo Life Insurance has agreed to pay US$1.21 billion to TPG for a substantial stake in a Singapore insurance company.

Posted on 22/12/2023

Singapore investment banking fees down 24% to $882 million in 2023: LSEG

It came as the value of M&A deals with Singapore involvement hit US$50.7 billion so far in 2023 – the lowest since 2013. Read more at straitstimes.com.

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