SINGLE family offices (SFO) that have applied for and have been awarded tax incentives in Singapore employ about 1,400 Singaporeans and permanent residents (PR), about two-thirds of whom are paid more ...
After Being Named In Hindenburg Report, Singapore To Change Tax Laws That Attracted Super Rich
The Monetary Authority of Singapore (MAS) will change the tax incentives it gives to single family offices in an effort to boost the hiring of locals and investment in the country’s equity markets.
Gasoil from Tunisia arrives in Singapore for 2nd time in one month
even though total middle distillates stockpiles in key trading hub Singapore fell by 3.7% week-on-week as higher net exports of jet fuel/kerosene superseded lower net exports for gasoil. Inventories ...
Singapore: Outlook for Retail Sales remains positive – UOB
Senior Economist at UOB Group Alvin Liew reviews the recently published retail sales readings in Singapore.
Ticket scalpers in Singapore
Tickets for popular artists are in high demand and are hard to obtain – that’s to be expected. But scalpers, don’t think you can swoop in right after we come out of a ticketing scuffle, all battled, ...
Singapore Regional Business Forum 2023 to get underway in Hanoi
The Singapore Regional Business Forum 2023 (SRBF) is set to take place on July 7 in Hanoi and will feature the participation of over 500 top business leaders, senior government officials, policy ...
Vietnam-Singapore trade and investment likely to flourish
Is it feasible for Singaporean investors to invest all foreign capital in Vietnam’s market? How much time is required to open a bank account, the duration from preparing the application dossier to ...
Singapore regulators propose mandatory climate reporting for listed and large non-listed companies
A committee formed by two of Singapore’s top regulators are seeking public feedback on the move. Read more at straitstimes.com.
Singapore expands tax incentives for single-family offices
The central bank will make adjustments in five areas of the tax incentives landscape for SFOs. The Monetary Authority of Singapore will broaden the scope of its tax incentives for single-family ...
International school in Thailand worth close to $1.35 billion turns Singapore CEO into multi-millionaire
Demand from Chinese students to attend SISB, originally called the Singapore International School of Bangkok, has soared. Read more at straitstimes.com.
Singapore’s fight against inflation still on, growth outlook uncertain
Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices was not yet over, even as it lowered its 2023 ...
Singapore Central Bank Sees Record Net Loss On Inflation Fight
Singapore's central bank said Wednesday it suffered a record annual net loss of US$23 billion in the most recent financial year as it tightened monetary policy to battle soaring inflation, and it ...
Singapore stocks close lower as weak economic data weighs on sentiment; STI down 0.6%
The lack of leads from Wall Street overnight coupled with weak economic data from Singapore and China sent investors into a defensive mood on Wednesday. The wary sentiment left the Straits Times Index ...
Singapore adjusts tax incentives for family offices, which must also do more to boost local hires
Singapore’s central bank will step up incentives and requirements to encourage single family offices to contribute more to environmental and social causes as well as jobs here. Read more at ...
Singapore to Change Family Office Tax Rules For Local Boost
The Monetary Authority of Singapore will change the tax incentives it gives to qualified family offices in an effort to boost the hiring of locals and investment in the country’s equity markets.
Singapore growth outlook uncertain, fight against inflation still on, says central bank
Singapore's near-term growth would remain weak as prospects had dimmed but inflation should reduce by year-end.