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Tag: tax

Posted on 12/08/2023

The pink dollar: How LGBTQ+ inclusion is shaping the future of business in Singapore

NIGHT falls on the Speakers’ Corner in Hong Lim Park. On a makeshift stage, advocates from the local lesbian, gay, bisexual, transgender and queer (LGBTQ+) community share with the crowd their hopes ...

Posted on 11/08/2023

No plans for WeWork to withdraw from S’pore or hive off business despite global losses

The Straits Times reported in January 2020 that Singapore was a profitable market for WeWork and it is understood that the business remains in the black, despite overall losses of US$397 million ...

Posted on 11/08/2023

Man fined $15,000 for illegally importing over 180kg of meat and seafood products from China

A man, Man Wee Kong, was fined $15,000 for illegally importing meat and seafood products from China, the Singapore Food Agency (SFA) said in a statement. Read more at stomp.straitstimes.com ...

Posted on 11/08/2023

Singapore cuts 2023 economic growth forecast to 0.5-1.5% on weak export outlook

Govt looking at the second half of the year for relatively higher growth after economy narrowly avoided a technical recession in Q2. Read more at straitstimes.com.

Posted on 11/08/2023

Singapore stocks fall on Friday amid lower GDP growth, forecast; STI down 0.9%

Muted new data for the Singapore economy helped send shares dipping on Friday and into negative territory for the week. Read more at straitstimes.com.

Posted on 11/08/2023

Recession unlikely in 2023 after Singapore reports slight growth in Q2: economists

AFTER narrowly escaping a technical recession in the second quarter, private-sector economists believe Singapore’s risk of entering into a recession has receded, and that growth can be expected to ...

Posted on 11/08/2023

Many motorists driving to Singapore still prefer physical road tax and licence

While Malaysians do not usually need to produce their road tax or driver’s licence when they commute to Singapore for work daily, many still prefer having the physical documents to avoid potential ...

Posted on 11/08/2023

Singapore’s key exports fall by 13.4% in second quarter of 2023

SINGAPORE: Singapore's non-oil domestic exports (NODX) declined in the second quarter of 2023, falling by 13.4 per cent, with both electronics and non-electronics seeing a drop. The drop follows a 16.

Posted on 11/08/2023

Singapore cuts 2023 economic growth forecast to 0.5-1.5% on weak trade outlook

Singapore on Friday cut its economic growth forecast for this year owing to weak demand from key export markets including China and the United States.

Posted on 11/08/2023

Singapore narrows 2023 growth forecast range to 0.5-1.5%, as external demand outlook remains weak

This is down from the previous forecast range of 0.5 to 2.5 per cent, as the Ministry of Trade and Industry said it sees a “weak” external demand outlook for the rest of the year.

Posted on 11/08/2023

Singapore downgrades 2023 export forecasts on worse-than-expected performance

SINGAPORE has narrowed its 2023 full-year forecast for non-oil domestic exports (NODX) and lowered its total merchandise trade projection on a worse-than-expected performance so far this year, led by ...

Posted on 11/08/2023

Singapore GDP Climbs 0.1% On Quarter In Q2

Singapore's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the second quarter of 2023, the Ministry ...

Posted on 11/08/2023

Genting Singapore first-half profit more than triples on improved visitor arrivals

The company posted a net profit of $276.7 million for the six months ended June 30. Read more at straitstimes.com.

Posted on 11/08/2023

Putin approves suspension of tax treaties with ‘unfriendly’ countries – RIA

Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link at the Kremlin in Moscow, Russia August 4, 2023. Sputnik/Alexander Kazakov/Kremlin via REUTERS/Fil ...

Posted on 11/08/2023

Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan

Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy ...

Posted on 11/08/2023

Singapore issues arrest notice to billionaire in anti-graft probe involving country’s transport minister

Singapore's anti-graft agency issued an arrest ... "continues to be a strong focal point for tourists, global events and business meetings. We have decided to continue hosting the F1 race for ...

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