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Tag: tax

Posted on 01/08/2025

ICJ’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans

Amid geopolitical turmoil, the top court reaffirmed states’ legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

Singapore shares on longest losing streak since April; STI falls 0.5%

SINGAPORE] Local stocks fell for the sixth consecutive session on Friday (Aug 1), notching their longest losing streak since Apr 9, as most markets in Asia closed lower following the United States’ ...

Posted on 01/08/2025

MTI confirms that Singapore remains subject to 10% baseline tariff on exports to US

SINGAPORE] The Republic will continue to be subject to a 10 per cent baseline tariff on exports to the US, said Singapore’s Ministry of Trade and Industry (MTI) on Friday (Aug 1). Read more at The ...

Posted on 01/08/2025

Singapore SMEs are at risk if lawsuits or business disruptions hit, as many opt for minimum coverage

Most of them do not get coverage beyond what is compulsory. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

US tariff on S’pore exports likely to remain at 10%

U.S. President Donald Trump and the White House announced on Aug. 1 that the "universal tariff" for goods entering the U.S. will remain at 10 per cent, which was the same number he announced on ...

Posted on 01/08/2025

Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore likely to remain at 10%

Senior US officials said that the tariff rate will be 10 per cent for trade partners the US enjoys a trade surplus with. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

Top court’s climate ruling may spur scrutiny of S’pore carbon tax, firms’ climate action plans

Amid geopolitical turmoil, the top court reaffirmed states' legal duty to cut emissions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

Inside BYDFi: Singapore-based Cryptocurrency Exchange Powering Over 1 Mn Global Traders with 900+ Coins

Singapore-based BYDFi lets over 1 million users trade 900+ cryptocurrencies across 190+ countries with features: spot trading, copy trading, demo trading, and trading bots.

Posted on 31/07/2025

Asia steps up US WTI oil imports as Middle East prices rise, sources say

Asia is expected to step up imports of U.S. West Texas Intermediate crude in the fourth quarter after Middle East oil prices strengthened and opened the arbitrage window, trade sources said.

Posted on 31/07/2025

Giants Protocol: Advancing real-world asset tokenization with AI-driven infrastructure, invested by Singapore’s Sovereign Wealth Fund since day one

Giant Protocol builds AI-powered investment infrastructure with real-world asset tokenization, backed by Singapore’s Sovereign Wealth Fund.

Posted on 30/07/2025

BYD the top-selling car brand in first half of 2025; parallel-import registrations continue to slide

Toyota is in second place, with a 14.4% market share. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/07/2025

Singapore keeps monetary policy unchanged as trade tensions ease

Singapore's central bank kept its monetary settings unchanged on Wednesday, dashing some expectations for a loosening of policy, after second quarter economic growth surprised to the upside and global ...

Posted on 30/07/2025

Singapore full-year growth to come in firmer than expected on H1 front-loading: MAS

SINGAPORE] Full-year growth for 2025 may be firmer than previously forecast, with the economy’s output likely to be close to potential, the Monetary Authority of Singapore (MAS) said on Wednesday (Jul ...

Posted on 30/07/2025

Singapore economy expected to slow in 2nd half of 2025; retail, F&B likely to feel impact: MAS

The effect of global headwinds could spill over into domestic oriented sectors such as retail and food and beverage, which have experienced sluggish or negative growth in the first six months of the ...

Posted on 30/07/2025

Singapore’s employment growth speeds up in Q2, but sectoral softening to continue

SINGAPORE] Employment growth sped up in the second quarter of 2025, driven by both resident and non-resident employment, with the Ministry of Manpower (MOM) describing the labour market as resilient.

Posted on 30/07/2025

No clarity yet on baseline or pharmaceutical tariffs with US: DPM Gan

The US government did not negotiate its tariffs on Singapore and did not want to commit on whether the 10 per cent baseline tax could rise or fall in the future, said Deputy Prime Minister Gan Kim ...

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