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Tag: tax

Posted on 16/06/2023

Singapore key exports surprise with larger-than-expected 14.7% drop in May

SINGAPORE’S non-oil domestic exports (NODX) were down a surprising 14.7 per cent in May, a steeper slide than April’s 9.8 per cent contraction, data from Enterprise Singapore showed on Friday (Jun 16) ...

Posted on 16/06/2023

New Direct Vancouver-Singapore Flight: Fastest Way To Singapore

This new Air Canada direct flight between Vancouver and Singapore makes for fast and easy access to the green city state.

Posted on 16/06/2023

6,500 millionaires expected to leave India this year, with many likely to go to Dubai or Singapore

SINGAPORE: The flow of wealth into Singapore will likely continue as the country enjoys its reputation as a safe haven for the ultra-rich to park their assets. And while many high net worth ...

Posted on 16/06/2023

Singapore warns U.S., EU chip subsidies will ‘drive up costs’

Singapore is worried that the massive subsidies Washington and Brussels are about to spend on new microchip projects will upset a “finely balanced” global market. “When we start doing these things, ...

Posted on 16/06/2023

Singapore jumps 10 places to 8th spot in global start-up ranking

S'pore now ranked third in Asia, behind Tel Aviv (fifth globally) and Beijing (seventh globally). Read more at straitstimes.com.

Posted on 15/06/2023

TikTok to invest billions of dollars in Southeast Asia to boost e-commerce business

Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying ...

Posted on 15/06/2023

Singapore new home sales at 1-year high despite cooling measures

New home sales in Singapore jumped to the highest in a year, official data showed on Thursday, despite a hike in taxes a month earlier to try to cool the market and discourage foreign buying. There ...

Posted on 15/06/2023

Boss moves: Drivers of Singapore cars spotted moving barricades to cut queue at Causeway

While no one likes a queue cutter, some people still do it anyway. In a Facebook video uploaded on June 14, a black Singapore-registered Mercedes was seen slipping through a gap in the barricades ...

Posted on 15/06/2023

Singapore middle distillates stocks rise on Mideast, India imports

SINGAPORE, June 15 (Reuters) - Middle distillates stocks at key trading hub Singapore rose for the fourth consecutive week on higher imports from the Middle East and India, official data on Thursday ...

Posted on 15/06/2023

Lifting of sea sand export ban not linked to S’pore investment in Kalimantan: Jokowi

Indonesia lifted a 20-year-old ban on sea sand exports, causing some concerns among environmentalists. Indonesia first banned sea sand exports in 2003 and eventua ...

Posted on 15/06/2023

Singapore stocks gain on Thursday as Fed pauses rate hikes

Quiet optimism over news that the United States has hit the pause button on interest rate hikes helped local shares make gains on Thursday amid mixed trading in the region. Read more at ...

Posted on 15/06/2023

Will Singapore move in the direction of US, and consider a ban on non-compete clauses in labour contracts?

The Manpower Ministry and tripartite partners are developing a set of guidelines “to shape norms and provide employers with further guidance” on including non-compete clauses in labour contracts.

Posted on 15/06/2023

Vote for Ah Lian? Michelle Chong shows off ‘presidential campaign flyers’, wants to make Singapore tok kong again

Do we have a new contender for Singapore's upcoming Presidential Election?While Michelle Chong is unlikely to give Senior Minister Tharman Shanmugaratnam and entrepreneur George Goh a run for their ...

Posted on 15/06/2023

Supertanker freight rates jump as Mideast crude exports to Asia rise

The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more cargoes are being booked in June, according to industry sources and ...

Posted on 15/06/2023

What are the eligibility criteria of private sector candidates for Singapore’s Presidential Election and does George Goh qualify?

Now that businessman George Goh has thrown his hat into the ring as a potential candidate for the upcoming Presidential Election, attention has turned ...

Posted on 15/06/2023

Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes

Two South Korea-linked crypto platforms halted withdrawals in the space of 24 hours, a reminder of the ongoing risks in the digital-asset sector following a spate of blowups sparked by a market rout ...

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