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Tag: tax

Posted on 02/06/2025

Singapore factory activity stays in contraction for second month on global trade uncertainty

Despite the temporary suspension of US tariffs, global trade uncertainty is hurting manufacturing. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

Singapore PMI marks slower contraction in May as trade tensions thaw but uncertainty remains

SINGAPORE] Singapore’s overall factory activity improved in May, but remained in contraction. This was as global powers’ trade tensions de-escalated, but the outlook remains uncertain. Read more at ...

Posted on 02/06/2025

I flew business class with Qantas, Singapore, and American Airlines. Here’s how they compare — and which is my favorite.

I've flown business class with Qantas Airlines, American Airlines, and Singapore Airlines. My Singapore Airlines flight had the most mind-blowing food and the comfiest seat. Qantas had a cool lounge, ...

Posted on 02/06/2025

Singapore’s MAS restricts local crypto firms without a DTSP license from serving overseas clients

Singapore’s MAS directed all local crypto firms without a DTSP license to stop serving overseas clients by June 30, 2025.

Posted on 02/06/2025

Singapore cracks down on unlicensed crypto firms with June 30 deadline

Singapore’s MAS orders unlicensed crypto firms to end overseas services by 30 June to tighten regulatory oversight amid rising adoption.

Posted on 02/06/2025

Singapore Sets Harsh Deadline For Unlicensed Crypto Firms

Singapore orders crypto firms without DTCP licenses to halt overseas services by June 30, 2025, with no transitional period granted.

Posted on 02/06/2025

High-tech equipment maker VDL ETG opens new facility in Singapore

SINGAPORE] VDL Enabling Technologies Group (VDL ETG), a Dutch contract manufacturer for high-tech capital equipment, opened a new building in Jurong on Monday (June 2), and plans to invest S$100 ...

Posted on 02/06/2025

Singapore shares fall after Trump vows to double steel tariffs; STI down 0.1%

Local telco Singtel is the most actively traded counter by volume. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

Singapore MAS Crypto Crackdown: Firms Must Stop Serving Overseas Clients by June 30

The MAS has given crypto firms just four weeks to register for a license to offer cross-border services. Service providers pushed back, calling the timeline ...

Posted on 01/06/2025

Singapore remains India’s top FDI source for 7th consecutive year

Singapore has maintained its position as India's leading source of foreign direct investment (FDI) for the seventh consecutive year, with inflows reaching $15 billion in 2024-25.

Posted on 01/06/2025

Foreign traveller, 55, caught making inaccurate declaration when moving S$399,965 into S’pore

On May 23, 2025, a 55-year-old male foreign traveller was detected making an inaccurate declaration when moving cash consisting of S$399,965 and MYR1,621 into Singapore. The cash is suspected to be ...

Posted on 01/06/2025

Over 170 travellers nabbed for evading GST, smuggling large sums of cash in island-wide operation

More than 170 travellers were caught across Singapore's land, air, and sea checkpoints for smuggling cash and evading tax payments on imported goods in a week-long multi-agency enforcement operation.

Posted on 01/06/2025

S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy

SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable ...

Posted on 01/06/2025

Singapore retains top spot as India’s largest FDI source for seventh straight fiscal

The total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 14 per cent to USD 81.04 billion during the last financial year ...

Posted on 31/05/2025

Nearly 200 travellers fined for not declaring large cash amounts, evading GST and taxes on tobacco

Authorities conducted enhanced checks across land, air, and sea checkpoints during an operation in May. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/05/2025

Singapore: 1.2 Ton Illegally Imported Fresh, Processed Produce Seized at Tuas Checkpoint

The Singapore Food Agency (SFA) and Immigration & Checkpoints Authority (ICA) jointly conducted an operation on May 28 and 29 on delivery trucks.

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