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Tag: tax

Posted on 10/06/2023

Singapore Post (SGX:S08) Is Finding It Tricky To Allocate Its Capital

Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. This indicates to us that the business is ...

Posted on 10/06/2023

The Big Read: Buy local but at what price? Pricier Singapore produce could hamper quest for greater food security

Though local produce costs higher than imported ones, Ms Doreen Chan still believes she is getting more bang for her buck by buying local, as they are “fresher” and “better in quality”.

Posted on 09/06/2023

Singapore state-backed assets blacklisted after failing Kempen’s ESG test

State-backed assets from Singapore have ended up on an ESG blacklist at Van Lanschot Kempen NV, after Asia’s wealthiest country per capita failed an updated ESG test used by the wealth manager to ...

Posted on 09/06/2023

Will Singapore, Hong Kong step up crypto scrutiny as US cracks down on Binance, Coinbase?

Unlike Singapore and Hong Kong, the US does not have comprehensive regulations for crypto and blockchain firms to operate without fear of regulatory action.

Posted on 09/06/2023

Crypto exchange Binance.US set to be cut off from banking system after US lawsuit

Bitcoin and Ether, the top two coins, shed about 1 per cent as of 12.40pm in Singapore. Read more at straitstimes.com.

Posted on 09/06/2023

Crypto exchange Binance.US set to be cut off from banking system after US regulator’s move

The platform said its payment and banking partners have signalled an intent to pause US dollar fiat channels. Read more at straitstimes.com.

Posted on 09/06/2023

Close to Singapore, Vice President Asks Batam to Develop Commodities for Export

Batam: Vice President Ma'ruf Amin encouraged the Batam City Government to develop various commodities that could be exported. Ma'ruf assesses that Batam has a strategic location for Singapore. "(Batam ...

Posted on 08/06/2023

Singapore middle distillates stocks above 8 mln barrels on weaker net exports; Qatari gasoil emerges

SINGAPORE, June 8 (Reuters) - Middle distillates stock levels at key trading hub Singapore rose to above 8 million barrels on lower overall net export volumes, with gasoil imports emerging from Qatar, ...

Posted on 08/06/2023

Hanna has a point, but Singapore is still an outlier

In her latest Sunday column published in the Jamaica Observer titled 'A tale of two Jamaica's', Member of Parliament (MP) Lisa Hanna provided a balanced position on the vexing issue of the ...

Posted on 08/06/2023

Purchases of private flats by foreign buyers down 50% after new tax was imposed

SINGAPORE: A higher property tax for foreigners imposed in April has already resulted in a plunge in foreign buyers. The government announced on the evening of April 26 that stamp duties for ...

Posted on 08/06/2023

Winklevoss twins look to expand their crypto business in Singapore amid US crackdown

The billionaire twins, who founded crypto exchange Gemini, have applied for a major payment institution licence in Singapore. Read more at straitstimes.com.

Posted on 08/06/2023

Crypto this Wednesday: Circle Singapore Gets License From MAS, Mint Square Shuts Down Services, and More

US hearing to discuss future of cryptocurrencies, regulatory clarity The US House of Representatives Financial Services Committee has scheduled a hearing to discuss the future of cryptocurrencies and ...

Posted on 08/06/2023

Circle gets approval to offer digital tokens in Singapore

Boston-based stablecoin issuer Circle has announced Wednesday that it has received its major payment institution (MPI) license for digital payment token (DPT) services from the Monetary Authority of ...

Posted on 08/06/2023

Jan-Apr exports to Singapore quadruple on-year

Cambodian goods exports to Singapore reached $223.843 million in the first four months of 2023, up 345.7 per cent year-on-year from $50.224 million and up 1,087 per cent half-on-half (compared to July ...

Posted on 07/06/2023

Singaporeans give up on Johor Bahru holiday after waiting over 2 hours at Malaysia customs

Most people heading to Malaysia during the holidays are prepared to wait to clear customs, but not all are patient enough to endure the long hours.One such traveller from Singapore was Shivani Meka, ...

Posted on 07/06/2023

Singapore shares decline amid mixed showing in Asian bourses

SINGAPORE – Sluggish trade numbers out of China that raised ... The firm is reviewing the commercial sustainability of its domestic postal business as losses in the operations weighed on its bottom ...

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