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Tag: tax

Posted on 07/12/2023

MTI: Singapore’s top ranking in world’s most expensive cities list does not reflect the cost of living

The spokesperson highlighted a key discrepancy that the consumption basket in the survey diverges from typical Singaporean spending habits ...

Posted on 07/12/2023

Nvidia higher as CEO is working with U.S. to meet China AI-export rules

Nvidia CEO Jensen Huang says the chipmaker will work with the U.S. to meet restrictions. Reports say the newly designed chips may be delayed.

Posted on 07/12/2023

Nvidia to develop new chips that comply with US export regulations

Nvidia will continue to develop a new set of products that comply with U.S. government regulations involving exports of high-end chips to China, its CEO Jensen Huang said on Wednesday. The ...

Posted on 07/12/2023

Nvidia is developing new chips for China to comply with US export curbs

Huang noted that China’s revenue contribution to Nvidia has been traditionally around 20% but it was hard to predict how much that would change with the new U.S. export restrictions. Separately, he ...

Posted on 07/12/2023

Singapore narrows 2023 growth forecast to around 1% on weak exports | Video

The Singapore economy is expected to grow by around 1 per cent in 2023, narrowing from a previous forecast range of 0.5 per cent to 1.5 per cent due to subdued external demand. Nadirah Zaidi reports.

Posted on 07/12/2023

Nvidia working with US to make sure new China chips adhere to export curbs – report

CEO Jensen Huang said the company is working closely with the U.S. government to ensure new chips for the Chinese market are compliant with U.S. export restrictions, Reuters reported. Last month, it ...

Posted on 07/12/2023

Singapore’s middle distillates dip slightly amid surging exports

Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.

Posted on 07/12/2023

Cambodia’s export to RCEP members sharply up in 10 months

Cambodia exported US$6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 per cent from the same period ...

Posted on 07/12/2023

NVIDIA making China-specific chips in compliance with US export restrictions

Jensen Huang, NVIDIA's CEO, confirmed their commitment to developing products complying with strict US regulations for exporting chips to China ...

Posted on 07/12/2023

Singapore releases national AI strategy 2.0, plans for 15,000 AI experts

Singapore released an updated version of its national AI strategy ... Meanwhile, the United States, one of the world’s top chip manufacturing hubs, has begun to tighten export controls targeting ...

Posted on 07/12/2023

GRAINS-Wheat steadies after slide with export demand in focus

Chicago wheat edged higher on Tuesday in a technical recovery from a day-earlier slide, with traders watching to see if recent price lows will stir export demand. Corn also steadied after a sharp fall ...

Posted on 06/12/2023

Singapore stocks rebound after two sessions of losses, with STI up 0.3%

Gainers outnumbered losers 339 to 223, with 820 million securities worth $717.6 million changing hands. Read more at straitstimes.com.

Posted on 06/12/2023

SocGen’s crypto arm lists stablecoin on exchange Bitstamp

Societe Generale’s digital asset arm has listed its stablecoin on European exchange Bitstamp. Read more at straitstimes.com.

Posted on 06/12/2023

Singapore, China reaffirm close ties, discuss cooperation in emerging areas

BEIJING] Singapore’s Deputy Prime Minister Lawrence Wong and Chinese Premier Li Qiang on Wednesday (Dec 6) discussed opportunities for bilateral cooperation in the digital economy, renewable and clean ...

Posted on 06/12/2023

Long queues at Johor Bahru checkpoint after power outage; Singapore says heavy traffic at Woodlands due to tailback

SINGAPORE: A power outage at a Johor Bahru checkpoint resulted long queues for travellers on Wednesday (Dec 6) morning. According to travellers on social media, the power outage at the Bangunan Sultan ...

Posted on 05/12/2023

Singapore MAS sets robust crypto framework for 2024

In a significant development for the cryptocurrency sector, the Monetary Authority of Singapore (MAS) has detailed its latest regulatory framework to enhance the governance and operational standards ...

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