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Tag: tax

Posted on 05/12/2024

Independent Reserve Opens Singapore Office

Independent Reserve, an Australian-based crypto exchange, has opened a new office in the Central Business District in.

Posted on 05/12/2024

Traveller caught trying to sneak over $1.3m past Singapore Customs

A traveller is currently under investigation for attempting to bring more than $1.3 million into Singapore. On Nov 27, the 49-year-old man was detected carrying cash in multiple currencies. He was ...

Posted on 05/12/2024

Traveller tries to sneak $1.3m past Singapore Customs

The authorities are investigating a 49-year-old man who was caught carrying more than $1.3 million in various currencies into Singapore, and under-declaring the amount, on Nov 27. The man, a foreign ...

Posted on 05/12/2024

From cheesecakes to quantum computing – panellists explore opportunities in the Johor-Singapore SEZ

THE Johor-Singapore Special Economic Zone (JS-SEZ) is expected to deliver key infrastructure upgrades to the Malaysian state, including new data centres, expanded office and logistics spaces, and ...

Posted on 05/12/2024

Global and Singapore outlooks stay stable, but threats are on the rise

THE current volatile economic landscape presents both challenges and opportunities, DBS economist Chua Han Teng said at the bank’s Market Outlook 2025 – Beyond New Frontiers event on Wednesday (Dec 4) ...

Posted on 05/12/2024

ExxonMobil reportedly weighing sale of Singapore gas stations in $1 billion deal

SINGAPORE: US oil giant ExxonMobil is reportedly exploring the possibility of selling its network of gas stations in Singapore, according to sources cited by Bloomberg. The move is expected to ...

Posted on 04/12/2024

Singapore general insurance market to reach $8.1b by 2029: report

The industry is expected to grow by 8.0% in 2024. Singapore's general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.2% from $6.0b in 2024 to $8.1b in 2029, in ...

Posted on 04/12/2024

General insurance in Singapore to hit $5.9bn by 2029

"General insurance in Singapore to hit $5.9bn by 2029" was originally created and published by Life Insurance International, a GlobalData owned brand.

Posted on 04/12/2024

Why This Singapore Crypto Firm Is Prioritizing Stablecoins

Stablecoins like USDC, USDT, and FDUSD will dominate dtcpay’s services, reflecting user preferences and reducing volatility risks. Dtcpay, Singapore’s regulated cryptocurrency payment institution, has ...

Posted on 04/12/2024

Travellers caught not declaring 800g of bird’s nest, 859g of cigars and for other customs offences

Fifty-one travellers were caught failing to declare and pay taxes on dutiable tobacco products liquors exceeding their duty-free allowance and new articles exceeding their goods and services tax (GST) ...

Posted on 04/12/2024

Gemini builds crypto institutional trust in Asia

The Winklevoss twins-founded crypto exchange Gemini is positioning itself, with Singapore as its regional headquarters, as a significant player in the rapidly evolving Asia-Pacific digital asset ...

Posted on 04/12/2024

Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans

SINGAPORE and Hong Kong will continue to make up half of Standard Chartered’s affluent business, as the bank embarks on “ambitious” plans to expand the franchise, said Judy Hsu, chief executive of ...

Posted on 04/12/2024

Fugitive Singapore tycoon held in embezzlement case was mastermind behind scrap syndicate

SINGAPORE: The rogue Singapore tycoon, who was arrested in Malaysia on Dec 3 after being on the run for 19 years over an embezzlement case involving more than US$51 million, was the mastermind behind ...

Posted on 04/12/2024

Malaysia PM says signing of Johor SEZ deal with Singapore likely postponed to January

A planned signing between Malaysia and Singapore of a deal to create a special economic zone in the southern Malaysian state of Johor will likely be postponed to January, Malaysia Prime Minister Anwar ...

Posted on 04/12/2024

Singapore’s Dtcpay to support only stablecoins, dropping BTC and ETH in 2025

Dtcpay, a cryptocurrency payment platform in Singapore, will switch to supporting only stablecoins starting in January 2025. With this move, the firm intends ...

Posted on 04/12/2024

Singapore’s dtcpay to End Support for Bitcoin and Ethereum to Focus on Stablecoins by 2025

With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.

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