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Tag: tax

Posted on 26/10/2023

Regulation leaves Australia trailing Singapore as investment hub

The Financial Services Council said Australia can rival Singapore as a destination for offshore capital if rules around new fund structures are improved.

Posted on 26/10/2023

Crypto Across Borders: A Look at International Regulatory Strategies

The word "Crypto" originates from the Greek word "kruptós" meaning hidden or secret. Cryptocurrency is a form of digital currency that exists in a digital ...

Posted on 26/10/2023

Singapore to lift melamine import conditions for Chinese milk

Singapore is to remove melamine-related measures for the import of milk products from China. Requirements were established following the 2008 milk ...

Posted on 26/10/2023

Singapore Remittance Market to Reach $13.34 billion by Volume, by 2032 at 5.2% CAGR: Allied Market Research

“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...

Posted on 26/10/2023

Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’

A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).

Posted on 26/10/2023

Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM

The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.

Posted on 26/10/2023

Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020

THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on ...

Posted on 26/10/2023

Why building digital trust should be a business priority

Here's how TrustTech -- an emerging category of technology designed to foster trust, security, and safety online -- can help.

Posted on 26/10/2023

Hobbled Crypto Exchange’s Creditors Are Suing Its CEO and Want to Claw Back Money From ‘Bitcoin Jesus’

CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a ...

Posted on 26/10/2023

How to legally reduce your income tax in Singapore (2023 edition)

Yes, it is possible for many middle-income earners to legally get away with paying zero taxes…that is, if you know how to be smart about it. I was recently interviewed by Channel News Asia to share my ...

Posted on 26/10/2023

Local businesses honoured at Singapore Prestige Brand Award

TWENTY-NINE local businesses ranging from heritage names to regional players were recognised at the 21st Singapore Prestige Brand Award (SPBA) ceremony on Wednesday (Oct 25) evening. Read more at The ...

Posted on 25/10/2023

Marubeni, Tuas Power seal $9b deal for green power export to Singapore

PT Marubeni Global Indonesia has inked a memorandum of understanding (MoU) with Singapore’s Tuas Power to export green electricity to the city state. The 9$-billion project would unfold in two phases, ...

Posted on 25/10/2023

Singapore shares fall on Wednesday, STI down 0.2%

Genting Singapore was the STI’s top gainer, rising 3.6 per cent to 85.5 cents, while UOL led the losers, falling 2.9 per cent to $5.73. The local banks were mixed. DBS closed flat at $33.15, while UOB ...

Posted on 25/10/2023

Genting Singapore (SGX: G13) shares up 4% – Rival’s results boost hopes

Genting Singapore (SGX: G13) results are due in a few weeks. There’s a run up in G13 shares before that. The basis of this is that the shares of a major rival, Marina Bay Sands, have been doing well ...

Posted on 25/10/2023

J.P. Morgan targets non-US expansion with plans to bank unicorns in Singapore

Move could yield opportunities to continue banking such companies as they mature and grow. Read more at straitstimes.com.

Posted on 25/10/2023

Triple-A gets funding from Peak XV to help more businesses use crypto

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions ...

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