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Tag: tax

Posted on 01/03/2024

Bitmain-Backed Crypto Miner Bitfufu Finally Goes Public In SPAC Deal

The Singapore-based crypto mining platform’s debut on the Nasdaq comes as bitcoin is closing in on its all-time high of almost $69,000.

Posted on 01/03/2024

In charting energy transition, Singapore ‘mindful’ of impact on electricity cost: Tan See Leng

We are mindful of the potential impact of the energy transition on electricity prices,” says Minister for Manpower and Second Minister for Trade and Industry Tan See Leng.

Posted on 01/03/2024

Singapore exports up 16.8% in January, far higher than market expectations

Find out more about subscription packages here. SINGAPORE’S key exports in January far exceeded market expectations with a 16.8 per cent year-on-year (yoy) jump, lifted by a surge in the shipment of ...

Posted on 01/03/2024

ExxonMobil, Shell to work with Singapore on carbon capture and storage project

March 1 (Reuters) - Global energy majors Exxon Mobil (XOM.N), opens new tab and Shell (SHEL.L), opens new tab will work with Singapore to develop a cross-border carbon capture and storage (CCS) ...

Posted on 01/03/2024

Singapore puts another S$300 million towards boosting tourism sector

These include a new Sensoryscape path in Sentosa; additions to Resorts World Sentosa, such as the Singapore Oceanarium; and “a strong line-up of leisure and business events”. This year, Singapore will ...

Posted on 01/03/2024

How to earn air miles from your income tax payment in Singapore (Feb 2024)

Every year, many Singaporeans pay the mandatory income tax bill. While some may dread the financial obligation, there may be a silver lining in terms of the opportunity to earn air miles from tax ...

Posted on 01/03/2024

1,400kg of undeclared food imports from Thailand seized: SFA, ICA

Some 1.4 tonnes of illegally imported seafood, vegetables and food products from Thailand were seized by the authorities at Tuas Checkpoint during routine checks on delivery trucks. Officers from the ...

Posted on 01/03/2024

Singapore’s Sky-High Living Costs: A Comparison with Switzerland

The Most Expensive Southeast Asian Country for Living Expenses Singapore has been recognized as one of the most expensive cities to live in the world, alongside Zurich, Switzerland. Switzerland ...

Posted on 01/03/2024

Singapore shares opened on Friday with steady note—STI remains unchanged

SINGAPORE: Singapore shares opened on a steady note on Friday morning, mirroring the global trend despite the overnight upswing in international markets. The Business Times reported that The Straits ...

Posted on 01/03/2024

Crypto.com partners with BTG Pactual to foster crypto accessibility

Crypto.com, a Singapore-based cryptocurrency exchange, has forged a strategic partnership with BTG Pactual, Latin America’s largest investment bank, in a bid to broaden the accessibility of ...

Posted on 01/03/2024

Establishing a Business Entity in Singapore (Updated)

Unless exempted, business entities must be registered with the Accounting and Corporate Regulatory Authority (ACRA) via their business filing portal: BizFile+. A foreigner residing overseas would need ...

Posted on 01/03/2024

‘Pig-butchering’ romance scams most common crypto scam tactic in 2023: Chainalysis

The total amount of crypto stolen through scams fell to US$4.6 bil, but romance scams doubled in revenue in 2023.

Posted on 29/02/2024

‘Not what good neighbours do’: Philippine lawmaker hits out at Singapore over Taylor Swift deal

But Filipino Swifties say it is a wake-up call for their country to step up on infrastructure to woo world-class acts. Read more at straitstimes.com.

Posted on 29/02/2024

ED freezes Rs 123-cr of Singapore-based shell firms parked in bank accounts of Mumbai-based NIUM India

The Directorate of Enforcement (ED) has frozen Rs 123 crore, belonging to Singapore-based shell entities, parked in bank accounts of Mumbai-based NIUM Indian Pvt Ltd as part of its probe into a money ...

Posted on 29/02/2024

Man gets jail and caning for swimming back to Singapore despite being deported

SINGAPORE: Despite being deported back to Batam, Indonesia, for immigration offences, a man paid a boatman 6 million rupiah (S$513) to board his sampan and jumped off midway to swim back to Singapore.

Posted on 29/02/2024

Singapore shares edge higher on Thursday amid cautious trader sentiment, STI up 0.1%

SINGAPORE – Local shares closed in positive territory Feb ... Keppel rose 1.7 per cent to $7.24, while Sembcorp Industries added 2 per cent to $5.10. THE BUSINESS TIMES Join ST's Telegram channel and ...

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