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Tag: tax

Posted on 12/11/2023

Chemical in some weight-loss drugs listed as poison, sale restricted in Singapore

A chemical found in some weight-loss remedies has been listed as a poison, with the sale of any such products now restricted.

Posted on 12/11/2023

WeWork bankruptcy: Is there still demand for co-working spaces in Singapore?

New tenants may opt for other co-working space providers in Singapore until there is more clarity about WeWork's future, one analyst says.

Posted on 11/11/2023

Weekly crypto highlights -BlackRock steals the limelight, AGAIN!!

The recent crypto Spot ETF developments, with BlackRock heading the tide in the industry, have proved that ETF approvals are not a matter of ‘if’ but a matter of ‘when.’ ...

Posted on 11/11/2023

Singapore’s pampered pets: Puppy yoga, flights for cats, guinea pig houses and goldfish staycays

The pet care industry is set to grow even more, with a greater number of owners treating pets to quasi-human experiences. Read more at straitstimes.com.

Posted on 10/11/2023

Iras commits to implementing crypto-asset reporting framework with 47 other jurisdictions

SINGAPORE and 47 other jurisdictions, including the US, the UK and Australia, said on Friday (Nov 10) that they will work to start automatic exchanges in crypto-asset reporting in 2027. Read more at ...

Posted on 10/11/2023

Genting Singapore Q3 net profit up 59% to S$216.3 million

GENTING Singapore on Friday (Nov 9) posted a net profit of S$216.3 million for the third quarter ended September, up 59 per cent from S$135.8 million in the corresponding year-ago period. Read more at ...

Posted on 10/11/2023

The Future Of Business: Establishing An ASEAN Presence

The strategic geographic location of ASEAN countries is a cornerstone of their attractiveness to businesses seeking global expansion.

Posted on 10/11/2023

Singapore stocks end Friday in red amid regional slump, STI down 0.9%

SINGAPORE – Local shares ended a rocky week in the red on Friday after tracking losses across the region and a downbeat session on Wall Street overnight.

Posted on 10/11/2023

Singaporean ‘Ah Long’ who ran illegal loan shark business from China and Malaysia gets jail and fine

Alan Sia Peng Xia worked for the syndicate for more than 12 years, earning at least S$756,000, before surrendering at Changi Airport due to his poor health.

Posted on 10/11/2023

Singapore aims to become base for air taxi firms; CAAS working with regional counterparts on guidelines

Regional aviation authorities aim to come up with a set of reference materials by 2025 that each country can adopt to govern air taxi and drone operations.

Posted on 10/11/2023

Singapore-based crypto mining platform Bitdeer partners Nvidia to launch AI cloud service solutions

This will provide its customers with access to Nvidia’s AI supercomputing to accelerate the development of generative AI.

Posted on 10/11/2023

PM Lee: Johor-Singapore Special Economic Zone is “substantial and promising project”

SINGAPORE: A joint special economic zone between Singapore and the state of Johor (JS-SEZ) is in its planning stages, with the signing of a memorandum of understanding (MOU) eyed by the beginning of ...

Posted on 09/11/2023

Singapore’s Grab Hits Adjusted Profit, Decade After Founding

Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing and food delivery company trying to convince investors of its earnings ...

Posted on 09/11/2023

Over 4,600 cases of duty and GST evasion at Singapore land checkpoints in first 10 months of 2023

Nearly S$14,200 in duties and GST was recovered and over S$1.4 million (US$1.03 million) in penalties was imposed.

Posted on 09/11/2023

Singapore to Amend Free Trade Zones Act, Strengthening Powers to Tackle Illegal Trade

Singapore Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.

Posted on 09/11/2023

Singapore-generated carbon credits can’t be used to offset tax: MSE

Find out more about subscription packages here. CARBON credits generated from projects in Singapore will not be allowed to offset emissions under the country’s carbon tax regime, the Ministry of ...

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