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Tag: tax

Posted on 22/01/2024

Hong Kong may lose Australian talent to Singapore if Canberra puts tax squeeze on expats, business chamber chief warns

Chamber suggests double taxation treaty as Canberra proposal could leave certain expats paying in two places if they stay in Australia beyond 45 days Chairwoman Josephine Orgill says Hong Kong remains ...

Posted on 22/01/2024

Singapore-based Terraform Labs files for bankruptcy in US after $53.6 billion crypto crash

Reports said the firm had listed assets and liabilities in the range of US$100 million to US$500 million. Read more at straitstimes.com.

Posted on 22/01/2024

Singapore’s crypto firm Terraform files for bankruptcy protection in US

Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million ...

Posted on 20/01/2024

Kiln Emerges Victorious Amid Crypto Downturn, Secures $17M Funding in 2023

According to data from PitchBook, VC investments in crypto companies witnessed a staggering 68% drop in 2023 compared to the robust figures seen in 2022.

Posted on 19/01/2024

An alliance to tackle business costs sought for 2024: Singapore Business Federation

SINGAPORE - The Singapore Business Federation (SBF) wants to bring firms and policymakers together to put a damper on costs in 2024, with a new grouping it has named Alliance for Action (AfA) on ...

Posted on 19/01/2024

India, Singapore pact in climate finance has promising future: NITI Aayog

The cooperation between India and Singapore in the field of green finance has a promising future, NITI Aayog Vice Chairman Suman Bery has said, asserting that the two countries can work within the framework laid out in the G20 New Delhi Leaders' Declaration on sustainable finance.

Posted on 19/01/2024

Global crypto criminal gains down in 2023, says Chainalysis report

Data showed a shift in the types of assets involved in crypto-based crime, from Bitcoin to stablecoins. Read more at straitstimes.com.

Posted on 18/01/2024

Singapore crypto firm to expand Web3 space into Nigeria

Bitlink Exchange, a Singapore-founded crypto exchange trading platform, has expanded its operations into Africa, focusing on Nigeria ...

Posted on 18/01/2024

Singapore non-oil exports showing recovery signs, GDP may grow 2.4% this year: HSBC

The economy is expected to grow at a projected 2.4 per cent this year from an estimated 1.2 per cent last year on the back of a travel recovery and an improvement in global trade, HSBC said on ...

Posted on 18/01/2024

Singapore minister charged with corruption in rare case

Singapore's former Transport Minister S. Iswaran has been charged in court for graft, the anti-corruption agency said on Thursday, in one of the most high-profile graft cases involving a minister in ...

Posted on 18/01/2024

Singapore’s Transport Minister S. Iswaran Resigns After Being Charged With Corruption

Singapore’s Transport Minister S ... 24 counts of obtaining “valuable things” from someone he had business dealings with as a public servant, and one for obstructing justice. Iswaran pleaded not ...

Posted on 18/01/2024

Singapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter

Can the Singapore fintech sector navigate a challenging 2023 funding landscape, characterised by a massive downturn in investment?

Posted on 18/01/2024

Singapore SMEs in contractionary mode for full-year 2023: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) have remained in contractionary mode for the fourth straight quarter, marking a full year of contraction in 2023, said OCBC on Thursday (Jan 18).

Posted on 18/01/2024

Singapore SMEs need help with going overseas, pursuing sustainability

In an interview with The Business Times, the bank’s head of global commercial banking Linus Goh said that despite the uncertainty in markets such as China and the US, internationalisation is still ...

Posted on 17/01/2024

GST concerns: Will the hike from 8 to 9 per cent mean less donations to Singapore charity organisations?

As Singapore grapples with a rise in GST, some charitable donations are experiencing a decrease. Charities share insights on their efforts to sustain giving.

Posted on 17/01/2024

Singapore and Thailand keep bitcoin ETFs at arm’s length

So-called bitcoin exchange traded funds, or securities that track the performance of the world's largest cryptocurrency, were approved by the U.S. Securities and Exchange Commission earlier this month ...

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