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Tag: tax

Posted on 04/08/2025

Billionaire Ong pleads guilty in Singapore political gift scandal

A billionaire best known for bringing Formula One night racing to Singapore has pleaded guilty in relation to a scandal to supply one of the city-state’s most senior politicians with luxury gifts.

Posted on 04/08/2025

F1 tycoon pleads guilty in rare Singapore corruption case

A billionaire hotelier is set to plead guilty to abetting offences in a rare corruption case that gripped Singapore and landed a former minister in jail.

Posted on 04/08/2025

Fresh grads still in demand at Singapore’s professional services firms, despite gloomy job market

SINGAPORE] Professional services firms in Singapore are keeping graduate hiring steady – or even raising it – in 2025, defying broader concerns about a softening job market for fresh university ...

Posted on 03/08/2025

Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore remains at 10%

A senior US official said the tariff rate will be 10% for trade partners the US enjoys a trade surplus with. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/08/2025

Singapore’s exports to face continued 10% US tariff as MTI confirms no change under new order

Singapore’s exports to the US will remain subject to a 10% baseline tariff under a new executive order. The Ministry of Trade and Industry (MTI) confirmed on Friday that it has verified this with the ...

Posted on 02/08/2025

Property ‘decoupling’ illegal if done solely to avoid taxes: High Court

Owners can potentially face two sets of tax penalties if the decoupling is merely a sham arrangement to still co-own that same property Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

ICJ’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans

Amid geopolitical turmoil, the top court reaffirmed states’ legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

Singapore shares on longest losing streak since April; STI falls 0.5%

SINGAPORE] Local stocks fell for the sixth consecutive session on Friday (Aug 1), notching their longest losing streak since Apr 9, as most markets in Asia closed lower following the United States’ ...

Posted on 01/08/2025

MTI confirms that Singapore remains subject to 10% baseline tariff on exports to US

SINGAPORE] The Republic will continue to be subject to a 10 per cent baseline tariff on exports to the US, said Singapore’s Ministry of Trade and Industry (MTI) on Friday (Aug 1). Read more at The ...

Posted on 01/08/2025

Singapore SMEs are at risk if lawsuits or business disruptions hit, as many opt for minimum coverage

Most of them do not get coverage beyond what is compulsory. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

US tariff on S’pore exports likely to remain at 10%

U.S. President Donald Trump and the White House announced on Aug. 1 that the "universal tariff" for goods entering the U.S. will remain at 10 per cent, which was the same number he announced on ...

Posted on 01/08/2025

Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore likely to remain at 10%

Senior US officials said that the tariff rate will be 10 per cent for trade partners the US enjoys a trade surplus with. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

Top court’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans

Amid geopolitical turmoil, the top court reaffirmed states' legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

Inside BYDFi: Singapore-based Cryptocurrency Exchange Powering Over 1 Mn Global Traders with 900+ Coins

Singapore-based BYDFi lets over 1 million users trade 900+ cryptocurrencies across 190+ countries with features: spot trading, copy trading, demo trading, and trading bots.

Posted on 31/07/2025

Asia steps up US WTI oil imports as Middle East prices rise, sources say

Asia is expected to step up imports of U.S. West Texas Intermediate crude in the fourth quarter after Middle East oil prices strengthened and opened the arbitrage window, trade sources said.

Posted on 31/07/2025

Giants Protocol: Advancing real-world asset tokenization with AI-driven infrastructure, invested by Singapore’s Sovereign Wealth Fund since day one

Giant Protocol builds AI-powered investment infrastructure with real-world asset tokenization, backed by Singapore’s Sovereign Wealth Fund.

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