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Tag: tax

Posted on 02/06/2023

Medifast pulls out of Hong Kong, Singapore to free up capital for future growth

Medifast is exiting two markets in the Asia-Pacific and planning to instead devote those resources to new areas of growth, including going after the Hispanic market.

Posted on 01/06/2023

MAS issues prohibition orders against 6 ex-Great Eastern financial advisers for tax evasion

The false entries reduced their income taxes by $124,648 for the 2018 and 2019 years of assessment. Read more at straitstimes.com.

Posted on 01/06/2023

Six former Great Eastern insurance agents issued prohibition orders following tax evasion convictions

SINGAPORE: The Monetary Authority of Singapore (MAS) on Thursday (Jun 1) issued five-year prohibition orders against six former agents of Great Eastern Financial Advisers (GEFA) for fraudulent and ...

Posted on 01/06/2023

Crypto.com completes its licensing process in Singapore

A year after receiving in-principle approval in Singapore, Crypto.com has completed the licensing process. Crypto.com has today announced that it has received its Major Payment Institution (MPI) ...

Posted on 01/06/2023

Singapore middle distillates inventories little changed on mixed gasoil, jet fuel net exports

SINGAPORE, June 1 (Reuters ... two trading sources said. On the import front, arrivals from Russia continued. Below are the top import contributor countries for gasoil in the week and their respective ...

Posted on 01/06/2023

Morgan Lewis Hires Stephenson Harwood’s Asia Private Equity Head in Singapore

George Cyriac joins the U.S. firm from Stephenson Harwood, where he was the head of the firm’s Indonesia practice and led its private equity practice in Asia.

Posted on 01/06/2023

Crypto.com Obtains Major Payment Institution Licence from Monetary Authority of Singapore

Crypto.com announced today that it has received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement ...

Posted on 01/06/2023

Crypto.com receives full approval from MAS for payments licence

Following its in-principle approval last June, Crypto.com now has the full licence to carry out digital payments services.

Posted on 01/06/2023

Business leaders want to raise productivity not fire staff amidst rise of AI

Another finding in Microsoft’s study showed that 67% of employees are scared to lose their jobs but 81% of them said AI will aid in lessening their workload.  The Work Trend Index also found that ...

Posted on 01/06/2023

Singapore, India explore possibility of widening engagement in education

Union Minister for Education and Skill Development Dharmendra Pradhan on Wednesday held fruitful discussions with his Singaporean counterpart Chan Chun Sing on strengthening the existing ties and ...

Posted on 31/05/2023

Wholesaler and director fined $5,000 each for illegally importing about 216kg of fruits and veggies

SINGAPORE - A wholesaler and its director were each fined $5,000 on Wednesday for illegally importing fresh produce for sale. On Aug 25, 2022, a truck carrying food produce consigned to Qing Ye ...

Posted on 31/05/2023

SUSS and NVPC jointly develop entrepreneurial and fundraising capabilities of Singapore’s non-profit sector

The Singapore University of Social Sciences (SUSS) has signed a Memorandum of Understanding (MOU) with the National Volunteer & Philanthropy Centre (NVPC) to equip Non-Profit Organisations (NPOs) in ...

Posted on 31/05/2023

Crypto Data Provider Nansen Cuts Almost One-Third of Staff

Crypto data provider Nansen has become the latest company in the industry to announce layoffs, as last year's collapse in crypto prices continues to have an impact. Chief Executive Officer Alex ...

Posted on 31/05/2023

I flew long-haul in business, premium economy, and economy on 3 different flights and was blown away by the differences

Singapore Airlines is considered one of the best carriers in the world, so Insider tried out three of its cabin products to see how they compare.

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