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Tag: tax

Posted on 21/09/2023

Singapore retail supply to hit around 2.7m sq ft until 2027

This translates to a yearly average of 547,000 sq ft. According to Savills estimates, Singapore’s new retail supply in the next five years from 2023 to 2027 is about 2.7 million sq ft, working out to ...

Posted on 21/09/2023

Academic Labs Leverages AI and Crypto to Make Quality Education Accessible Globally

Academic Labs, an emerging player in the global edtech space, has announced the official launch of its new online learning platform that leverages artificial intelligence (AI) and blockchain ...

Posted on 20/09/2023

Ex-Singapore Idol judge Ken Lim gets fresh charge of insulting woman’s modesty while discussing music career

Lim is defended by lawyers from WongPartnership, comprising Senior Counsel Tan Chee Meng, Mr Paul Loy and Mr Calvin Ong. In a statement to CNA after Wednesday's court mention, they said their client ...

Posted on 20/09/2023

Monetary Authority of Singapore releases details of high-profile actions against errant crypto firms

Singapore’s central bank, Monetary Authority of Singapore (MAS), has issued its fourth enforcement report, outlining actions taken against firms like Three Arrows Capital, which did not have a ...

Posted on 20/09/2023

Singapore court orders Credit Suisse unit to pay Georgia ex-PM Ivanishvili US$743 million

A SINGAPORE court on Tuesday (Sep 19) ordered a unit of Credit Suisse to pay Georgian billionaire and ex-prime minister Bidzina Ivanishvili US$743 million for failing in its duty to safeguard his ...

Posted on 19/09/2023

Unclear whether bumper tax collections can continue amid gloomy economic outlook: Chee Hong Tat

There is some lag time in the way tax revenue tracks economic performance, he said. Read more at straitstimes.com.

Posted on 19/09/2023

Tax Incentive Requirements for Family Offices in Singapore

Under Section 13D of the Income Tax Act, an offshore fund managed by a Singapore-based fund manager will be exempt from tax on income if the fund is a ‘prescribed person’. To qualify as a ‘prescribed ...

Posted on 19/09/2023

Singapore shares fall 0.7% as cautious investors await Fed’s next move

The Straits Times Index fell 22.64 points to close at 3,240.75 points on Tuesday. Read more at straitstimes.com.

Posted on 19/09/2023

Chee Hong Tat on tax revenue and cost-of-living assistance

Singapore’s tax revenue collections have grown broadly in line with GDP. Higher tax revenue in Financial Year 2022 compared to the previous year was due to the country’s economic recovery after the ...

Posted on 19/09/2023

As Singapore’s soaraway rental boom cools, Hong Kong rents start to heat up

The contrast between two of Asia’s prime financial hubs underscores Hong Kong’s path to recovery from the pandemic as Singapore’s policy measures to tackle soaring property prices start to bite.

Posted on 19/09/2023

Returns At Isetan (Singapore) (SGX:I15) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few ...

Posted on 19/09/2023

Singapore’s key exports plunge by 20.1% in August

Singapore's non-oil domestic exports (NODX) contracted for the 11th consecutive month in August, falling by 20.1%, with both electronics and non-electronics seeing a decline.

Posted on 19/09/2023

Despite strong business confidence, survey finds 3 key challenges for employers in Singapore

“Feedback from our member companies highlighted three key challenges – availability of talent, retention of talent, and the cost of doing business in Singapore,” said the spokesperson. “It’s worth noting that these talent retention issues are not unique to foreign-owned businesses.”

Posted on 19/09/2023

Singapore’s birth rate is at a record low — but ‘throwing money’ at the problem won’t solve it

Singapore's birth rate reached a record low in 2022 as high cost of living in the country steers couples away from expanding their family.

Posted on 19/09/2023

Deepcoin Grand Party: Crypto Night Celebration Lit Up TOKEN2049 Singapore

Deepcoin invited industry pioneers, crypto enthusiasts, and VIPs from around the world to join this extraordinary celebration. As TOKEN2049 Week transformed Singapore into a global crypto hub, the ...

Posted on 19/09/2023

CoinW TOKEN2049 After Party Concludes, Sharing Insights on Sustaining Growth Through Crypto Winter

CoinW, the world's leading digital asset trading platform, concluded its After Party during TOKEN2049 in Singapore on the evening of the 13th local time, setting the stage for an unforgettable evening ...

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