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Tag: tax

Posted on 28/12/2024

Singapore factory output growth speeds up in November but 2025 outlook remains cloudy

Key electronics industry likely got a boost from front-loading ahead of possible US tariff hikes. Read more at straitstimes.com.

Posted on 27/12/2024

Director of household appliances company fined S$280,000 for evading GST, falsifying documents

SINGAPORE: A director of a firm that sells household appliances has been fined S$280,000 (US$206,000) for fraudulently evading Goods and Services Tax (GST) on imported goods and falsifying documents.

Posted on 27/12/2024

Singapore’s blue-chip gauge closes 0.3% higher

SINGAPORE shares rose on Friday (Dec 27), with the Straits Times Index (STI) closing marginally higher after Wall Street was little changed overnight, post-Christmas. Read more at The Business Times.

Posted on 27/12/2024

Singapore Ranks First in Blockchain Innovation With Top Global Score

Singapore leads globally in blockchain with 1,600 patents and 81 crypto exchanges, scoring 85.4 in global rankings. Bahrain debuts crypto-friendly corporate banking services, bridging traditional and ...

Posted on 27/12/2024

This Singapore stock surged more than 370% this year

Singapore shares had a very good year, outperforming many of their regional peers. Read more at straitstimes.com.

Posted on 27/12/2024

Singapore companies brace for turbulent 2025

Companies here are bracing themselves for turbulence in 2025 after weathering a year of business re-engineering in 2024.

Posted on 27/12/2024

Govt Imposed Restrictions On Import Of Coke : All Details

The government has imposed import restrictions on low ash metallurgical coke for six months from January 1 to June 30, 2025, according to a notification. The government has also imposed quantitative ...

Posted on 27/12/2024

Govt imposes import restrictions on low ash metallurgical coke for 6 months

The government has imposed import restrictions on low ash metallurgical coke for six months from January 1 to June 30, 2025, according to a notification.

Posted on 26/12/2024

Deloitte proposes allowing multinationals to pay taxes in interest-free instalments in Budget 2025 wish list

SINGAPORE can consider allowing businesses to pay upcoming domestic and multinational top-up taxes in interest-free instalments, to better support multinationals in navigating the minimum tax ...

Posted on 26/12/2024

Singapore’s competition watchdog ends review of SRS framework after DBS, OCBC, UOB withdraw application

THE Competition and Consumer Commission of Singapore (CCCS) has halted its review of a proposed Supplementary Retirement Scheme (SRS) framework following the withdrawal of a joint application by DBS, ...

Posted on 26/12/2024

Singapore’s blue-chip gauge edges down 0.2% amid muted trading

SINGAPORE’s blue-chip gauge, the Straits Times Index (STI), slipped 8.1 points or 0.2 per cent to 3,761.45 amid muted trading on Thursday (Dec 26). Read more at The Business Times.

Posted on 26/12/2024

Deloitte’s Budget 2025 wishlist: Fine-tune specific tax policies, expand R&D incentives

Policies that provide clarity and flexibility could help companies stay resilient and responsive to change, Deloitte says.

Posted on 26/12/2024

Singapore Issues 13 Crypto Licenses, Outpaces Hong Kong

Singapore issues 13 crypto licenses, surpassing Hong Kong slower approval process, and strengthening its position as a crypto hub.

Posted on 26/12/2024

Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it

Troubled healthcare provider Singapore Institute of Advanced Medicine (SIAMH) said on Thursday (Dec 26) that it’s not guaranteed the company can generate “significant” revenue and profitability. Read ...

Posted on 26/12/2024

Singapore restaurants grapple with the question of how to pull in the diners as competition heats up

There were more restaurants being opened than those being closed in the first 11 months of 2024 Read more at straitstimes.com.

Posted on 26/12/2024

Grab, Gojek to hike fees in Singapore by up to 37 cents

Ride-hailing operators Grab, Gojek, TADA and CDG Zig in Singapore will hike their platform fees by up to 50 Singapore cents (37 U.S. cents) starting Jan. 1, 2025.

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