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Tag: tax

Posted on 12/01/2025

Cancelled activities, business closures, dancing in the rain – Singapore contends with non-stop rain

SINGAPORE - The weekend plans of many were scuppered by incessant rain that began early on Jan 10 and continued well into Jan 11 - including travel plans. More than 50 Singapore Airlines flights over ...

Posted on 12/01/2025

Chinatown stall holders say business dropped nearly 80% in past two days due to rain

Some stalls at Chinatown's Chinese New Year festive fair say their revenue dropped by nearly 80 per cent in the past two days because of the heavy rain. But that's just the tip of the iceberg for ...

Posted on 11/01/2025

Asia leads with 60% of the world’s crypto users, according to the 2024 Global Crypto Adoption Index

A study by Foresight Ventures and Primitive Ventures has revealed that Asia leads other continents with the largest number of crypto users globally. According to the report, countries such as India, ...

Posted on 11/01/2025

Singapore SMEs register improved health in Q4: OCBC SME Index

SMEs are looking to expand overseas and improve business in 2025. The OCBC SME Index expanded to 50.7 in Q4 2024, its third consecutive quarter of expansion. Trade-related industries, particularly ...

Posted on 10/01/2025

Singapore banks reverse midweek gains on Jan 10, dragging STI down 1.6%

The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 ...

Posted on 10/01/2025

Singapore shares tumble at the open on Friday; STI down 0.9%

SINGAPORE equities began Friday (Jan 10) in negative territory, driven by losses in banking stocks. European markets gained overnight and US markets closed for a day. Read more at The Business Times.

Posted on 10/01/2025

5 key sectors set to benefit from the Johor-Singapore SEZ deal

The agreement aims to attract 100 projects over the next decade. The Johor-Singapore Special Economic Zone (SEZ) agreement is to benefit banking, gaming, industrials, technology, and ...

Posted on 10/01/2025

Singapore news veteran sued over S$990,000 loan said he ‘transferred’ shares in business before joining Mediacorp

SINGAPORE: Before he joined his new employer Mediacorp, Chinese news veteran Chua Chim Kang signed an agreement to transfer his shares in an education company to his business partner, Lee Kuan Fung.

Posted on 09/01/2025

Investment banks expect more deal-making activity in Asia and Singapore in 2025

However, the risks include higher-for-longer interest rates and market uncertainty. Read more at straitstimes.com.

Posted on 09/01/2025

From banks to tech: Potential Singapore winners from the Johor-Singapore SEZ

Banks, gaming, industrials, tech and telecommunications will benefit, said Maybank. Read more at straitstimes.com.

Posted on 09/01/2025

Proposed tax incentives could encourage high-value investments in the Johor-Singapore Special Economic Zone: Economist

Yun Liu of HSBC discusses the economic impact of the Johor-Singapore SEZ and the benefits this cooperation will bring.

Posted on 09/01/2025

Johor-Singapore Special Economic Zone unveils tax incentives to attract global investments

SINGAPORE: The Johor State Government and Malaysia’s Ministry of Finance (MoF) have launched a comprehensive tax incentive package for the newly established Johor-Singapore Special Economic Zone ...

Posted on 09/01/2025

From brewing soya sauce to fighting fires – How AI is transforming Singapore

There's an appetite for AI, with Microsoft’s 2024 Work Trend Index finding that 88% of Singapore’s knowledge workers already use some form of generative AI.

Posted on 09/01/2025

Singapore shares retreat at Thursday’s open; STI down 0.5%

SINGAPORE shares started trading in negative territory on Thursday (Jan 9), mirroring overnight losses in European markets. Read more at The Business Times.

Posted on 09/01/2025

Daily Cuts – Singapore’s latest tool in its fight against scams

Singapore Today's Daniel Martin and Susan Ng speak with Associate Professor Hannah Yee-Fen Lim, Division of Business Law, NTU Nanyang Business School, about the effectiveness of a law empowering the ...

Posted on 09/01/2025

Deft at blending AI with design practices? This Singapore-based venture capitalist firm wants you

The newly launched Design AI and Tech Awards (Daita) has a fresh backer – the multi-asset investment firm Granite Asia – which is offering all finalists a golden ticket to its network and consultation ...

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