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Tag: tax

Posted on 04/04/2024

Singapore real estate icon Dennis Wee dies at 71 after battle with cancer

SINGAPORE - Dennis Wee, heralded as a ‘legend’ in Singapore’s real estate trade, has passed away on April 3 at the age of 71 after a battle with cancer. Family, friends, and business partners paid ...

Posted on 04/04/2024

Singapore plans to build a pool of nearly 100 nuclear energy experts

Singapore is planning to build a pool of approximately 100 nuclear energy experts in the medium to long run, though no decision has been made on the deployment of nuclear energy, and the city-state is ...

Posted on 04/04/2024

Daily Cuts – ‘Strictly Business’ by Peh Shing Huei

Melanie Oliveiro speaks with author and The Nutgraf publisher Peh Shing Huei about “Strictly Business: The Kwek Leng Beng Story”.  It’s an authorised biography on Kwek Leng Beng the executive chairman ...

Posted on 04/04/2024

Singapore’s Region-Lagging Bonds Face Little Near-Term Relief

Overseas investors in Singapore government bonds may need to steel themselves for more disappointment. Most Read from BloombergKim Jong Un Faces Annihilation in Most Korea War ScenariosTSMC Facilities ...

Posted on 04/04/2024

China PMI boosts sentiment, but commodity imports may have front-run: Russell

The return of China's key manufacturing index to positive territory for the first time in six months has sparked optimism that commodity demand from the world's biggest buyer of natural resources is ...

Posted on 04/04/2024

Details on framework to help emitters cope with carbon tax could take a year: Tan See Leng

SINGAPORE – A framework meant to help carbon tax-liable firms cope with the higher tax rate that kicked in from 2024 is still in the works. In Parliament on April 3, Second Minister for Trade and ...

Posted on 04/04/2024

Govt to import 3 cargoes of LNG to raise gas supply

The government will import 3 cargoes of liquefied natural gas (LNG) as part of its move to raise the gas supply to meet the growing demand.Cabinet Committee on Government Purchase (CCGP) in a meeting ...

Posted on 04/04/2024

Singapore industrial rental index hits highest annual growth in 11 years

This means an overall growth of 8.9% in 2023, accelerating from the 6.9% registered in 2022 and the highest annual growth recorded since 2012. The price index rose by 0.6% q-o-q, also a slight ...

Posted on 04/04/2024

Singapore man gets death penalty for 4.5kg of cannabis he said was for ‘research’

Seet Poh Jing had developed a fascination with cannabis, his lawyers argued. Beyond consuming it, he was interested in the cultivation and potential uses of cannabidiol, a substance derived from the ...

Posted on 03/04/2024

President for promoting trade, business linkages with Singapore

ISLAMABAD (APP) - President Asif Ali Zardari on Wednesday urged Pakistan’s High Commissioner to Singapore to work for the promotion of bilateral trade and business linkages with Singaporean businesses ...

Posted on 03/04/2024

Singapore stocks slide on April 3, STI retreats 0.8%

SINGAPORE – Declines on Wall Street overnight sparked by renewed inflation concerns put local investors on the defensive on April 3.

Posted on 03/04/2024

BNP Paribas to Cut Space in Singapore Tower as High Rents Bite

BNP Paribas SA is set to give up space in a prime office tower in Singapore amid rising commercial rent in the financial hub, according to people familiar with the matter.

Posted on 03/04/2024

Singapore must not view residents, foreigners as ‘a zero-sum game and draw divides’ :Tan See Leng

So we must not view residents and foreigners as a zero-sum game and continue to draw divides,” Tan said in Parliament on Tuesday.  “Thriving businesses with access to complementary foreign talent will ...

Posted on 03/04/2024

Framework to help emitters cope with carbon tax delayed, details could take a year: Tan See Leng

SINGAPORE – A framework meant to help carbon tax-liable firms cope with the higher tax rate that kicked in from 2024 is still in the works. Read more at straitstimes.com.

Posted on 03/04/2024

‘Singapore Solution’ tax scam: Swiss executive spared jail time

Daniel Walchli, 56, pleaded guilty last year to a single count of conspiracy to defraud the US for his role in setting up a structure for American clients of Privatbank IHAG to evade scrutiny by tax ...

Posted on 03/04/2024

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...

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