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Tag: tax

Posted on 10/08/2023

Singapore fuel oil inventories drop to three-week lows

Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...

Posted on 10/08/2023

Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%

Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.

Posted on 10/08/2023

Millions of crypto investors’ wallets at risk of attacks due to security flaws, says study

Dubbed BitForge, it had impacted popular wallet providers like Coinbase WaaS and Binance. Read more at straitstimes.com.

Posted on 10/08/2023

Singapore banks ‘ploughing ahead’, with 2QFY2023 results beating CLSA’s conservative estimates

Singapore’s banks are “ploughing ahead”, admit CLSA analysts Neel Sinha and Lin Daxin, as the trio’s results for 2QFY2023 ended June beat their estimates by 5%-17%. Among them, DBS D05 -0.17% was the ...

Posted on 10/08/2023

Millionero Seizes Best Emerging Crypto Exchange Accolade at World Blockchain Summit 2023 Singapore

Singapore's vibrant cityscape played host to the World Blockchain Summit 2023, a global fulcrum for blockchain innovation, spotlighting the dynamic evolution of the decentralized economy. In this ...

Posted on 10/08/2023

City Developments Profit Drops Despite Jump in Property Business

City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the ...

Posted on 10/08/2023

One-stop marine service provider RMS Singapore makes voyages simpler and safer

A trailblazer in the maritime sector, the company has become the go-to hub for vessels running and docking in Southeast Asia ...

Posted on 10/08/2023

Top 10 takeaways from the KPMG Asia Pacific Tax and Legal Summit

The days of tax being just a private compliance issue for tax teams are long gone; tax transparency is now a core pillar of sustainability, say Jenny Wong of KPMG Australia and Loek Helderman of KPMG ...

Posted on 09/08/2023

Downpayment for condo: How much do first-timers need in Singapore?

"Buying a house in Singapore is easy!" …said no one ever. The path to home ownership in Singapore is often a difficult, convoluted and arduous task. It's one that was made even harder with the advent ...

Posted on 09/08/2023

Investors from Mauritius, Singapore, Cyprus under Taxman’s lens for CCD gains

Foreign investors from Mauritius, Cyprus and Singapore have been on the receiving end of a number of notices for gains from investment in fully or compulsorily convertible debentures (CCDs) issued by ...

Posted on 09/08/2023

Adani Enterprises weighs exiting $8 billion venture with Singapore’s Wilmar: Sources

Adani and Wilmar’s stakes together account for nearly 88 per cent of Mumbai-listed Adani Wilmar. Read more at straitstimes.com.

Posted on 09/08/2023

Aqua Keep: Sumitomo Seika Singapore’s secret to superabsorbent success

The company’s phenomenal water-absorbing capability has revolutionary impact on hygiene, subsea cables, and more ...

Posted on 09/08/2023

Singapore knocks on the doors of a paradigm shift

THE Singapore story has been nothing short of remarkable. As we celebrate our 58th birthday today, Singapore is largely free from hunger, poverty and crime. The only gripe might be the insufferably ...

Posted on 08/08/2023

Crypto Brokerage Blockchain.com Receives Institution License From Singapore

Crypto brokerage Blockchain.com received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), according to a press release on Monday. The license allows it to ...

Posted on 08/08/2023

In Parliament: Gerald Giam asks about background checks for foreign nationals who open businesses in SG, cites Chinese crypto mogul sued by US SEC

SINGAPORE: In Parliament last month, Workers’ Party MP Gerald Giam (Aljunied GRC) brought up the issue of background checks for foreigners who want to start businesses in Singapore, an issue he also ...

Posted on 08/08/2023

Singapore recalls eggs imported from Ukrainian farm due to presence of Salmonella bacteria

SINGAPORE: The Singapore Food Agency (SFA) has ordered the recall of eggs imported from a Ukraine farm after detecting the presence of Salmonella Enteritidis. The affected eggs can be identified by ...

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