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Tag: tax

Posted on 21/08/2025

Singapore key exports slip in July as US shipments tumble 42.7pc

SINGAPORE: Singapore’s non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.

Posted on 21/08/2025

Asia Morning Briefing: BTC Demand Cools While “Crypto Capital is Getting More Selective,” OKX’s Gracie Lin Warns

With Bitcoin demand cooling and profit-taking accelerating, investors are rotating into ether and a handful of resilient plays while retail “altseason” fades.

Posted on 21/08/2025

Singapore export growth to stall in 2H25: analysts

Non-Oil Domestic Exports (NODX) fell by 4.6% YoY in July, reversing the strong 12.9% growth recorded in June. Singapore’s export momentum is expected to weaken significantly in the second half of 2025 ...

Posted on 21/08/2025

Singapore firms eager to tap stablecoins and AI for overseas expansion

A Stripe study showed 62 per cent of firms here plan to use stablecoins for payments. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 21/08/2025

15 people nabbed for vaping in surprise lunchtime operation in Singapore CBD

CNA joined Health Sciences Authority officers for a two-hour enforcement operation against vaping on Wednesday (Aug 20).

Posted on 20/08/2025

Singapore export recovery set to slow as tariff risks escalate

Singapore’s NODX fell by 4.6% YoY, reversing a strong 12.9% surge in June. Singapore’s export recovery is expected to lose steam in the second half of the year, with CGS International analysts warning ...

Posted on 20/08/2025

Barclays’ Singapore private bank business unaffected by Asia head’s exit

SINGAPORE] Barclays’ private bank in Singapore will operate as normal, despite the departure of the business’ Asia chief amid a restructuring. Read more at The Business Times.

Posted on 20/08/2025

Ex-Goldman trader and NUS alumnus Qin Xiao starts Singapore hedge fund, gets $1.3b allocation

Mr Qin joins a growing cohort of big-name traders winning allocations from multi-strategy hedge funds. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 20/08/2025

Aspire Launches Yield Solution for Singapore SMEs to Boost Idle Cash Returns

Aspire launches Yield accounts for Singapore SMEs, offering regulated investment access to manage idle cash with flexibility and no minimums.

Posted on 20/08/2025

Ripple’s policy team points the industry to 4 arms for crypto custody in Singapore

Ripple and Blockchain Association Singapore co-hosted a workshop on digital asset custody and stablecoins in Singapore.

Posted on 20/08/2025

Singapore’s higher retirement age keeps more seniors in workforce: study

Seniors’ employment rates have risen after Singapore hiked the retirement and re-employment ages in 2022, according to a new study.

Posted on 20/08/2025

What Makes Singapore a Tax Haven? – MSN

For tax year 2024 and beyond, the highest marginal rate is 24% at an added top bracket for income above S$1 million. Generally, Singapore does not tax capital gains.

Posted on 20/08/2025

Volkswagen Singapore Rolls Out Bitcoin Payments in Landmark Fintech Partnership

Through the partnership, VGS customers can now settle transactions using Bitcoin (BTC), Ethereum (ETH), and stablecoins such as Tether (USDT) and USD Coin ...

Posted on 20/08/2025

Singapore seals carbon credit deal with Thailand, its first South-East Asian partner

SINGAPORE: Thailand has become the first South-East Asian country to finalise a carbon trading agreement with Singapore, paving the way for the Republic to buy carbon credits generated there.

Posted on 19/08/2025

Scope for deeper Thailand-Singapore partnerships in digital, tech industries: Tan See Leng

BANGKOK] While 60 years of bilateral relations between Singapore and Thailand have brought tangible growth and investment to both economies, the countries will continue to focus on key digital and ...

Posted on 19/08/2025

Popular automaker rolls out crypto payments for customers

Volkswagen Group Singapore (VGS) has teamed up with FOMO Pay, a major payment company, to let people pay for their cars and services via digital currency. This is the first time an automotive ...

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