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Tag: tax

Posted on 10/04/2025

Singapore’s STI soars more than 8% as Trump takes a pause on tariffs

SINGAPORE] Singapore stocks bounced after Trump announced on Wednesday a 90-day pause to his steep reciprocal tariffs on his “worst offender” countries, lowering them to 10 per cent during the period.

Posted on 09/04/2025

High Court dismisses suit against 2 Chinese news veterans over S$990,000 ‘loan’ for failed business

The High Court judge said that given the clear language of the clause of the agreement, the parties had agreed to “squarely put the risk of non-return” on Mr Ren Xin Wu if the business did not ...

Posted on 09/04/2025

Singapore to set up task force to address impact of US tariffs on businesses

Singapore will set up a task force to help businesses and workers address immediate uncertainties, strengthen resilience, and better adapt to the ...

Posted on 09/04/2025

Singapore eyes directory of heritage businesses

Citizens are being urged to patronise companies with cultural significance. Singapore will launch an online directory of locally owned businesses that are at least three decades old to amplify their ...

Posted on 09/04/2025

Indonesia to divert LNG cargoes to local buyers in April-May, adjust Singapore exports

Indonesia's upstream oil and gas regulator SKK Migas will during April and May divert five export cargoes of liquefied natural gas to domestic buyers, its chief said on Wednesday.

Posted on 09/04/2025

Trump tariffs: PSP calls for Singapore to seek new trade deal with US, work to ‘address concerns’

SINGAPORE: The Progress Singapore Party (PSP) on Wednesday (Apr 9) called on the government to secure a new trade deal with the United States in response to sweeping new tariffs imposed by President ...

Posted on 09/04/2025

Singapore’s STI tumbles over 2% ahead of Trump’s planned tariff hit of 104% on China

SINGAPORE] Singapore stocks slid further on Wednesday following this week’s rout, as US President Donald Trump planned a 104% tariff hit on many China goods. Read more at The Business Times.

Posted on 08/04/2025

Singapore’s crypto ownership exceeds 26%, with youth leading the trend

The percentage of Singaporeans who hold cryptocurrency is on the rise, with 26% now holding digital currency in 2024.

Posted on 08/04/2025

Brazil, Egypt and Singapore among potential winners from tariff onslaught

Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although ...

Posted on 08/04/2025

Is Trump really open for negotiation? Singapore PM Wong warns of potential upheaval

Singapore’s Prime Minister Lawrence Wong is not confident that the United States’ 10% universal import tariff will be open to negotiation. The tariffs, spearheaded by US President Donald Trump, took ...

Posted on 08/04/2025

Singapore PM says Trump’s universal tariff does not appear open for negotiation: ‘Fixed minimum tariff’

Singapore Prime Minister Lawrence Wong said President Donald Trump's 10% universal tariff rate on the country does not seem open for negotiation.

Posted on 08/04/2025

Singapore To Set Up Taskforce To Address Impact Of US Tariffs On Businesses

SINGAPORE, April 8 (Bernama) -- Singapore will set up a taskforce to help businesses and workers address immediate uncertainties, strengthen resilience, and better adapt to the new economic ...

Posted on 08/04/2025

Singapore shares fall, bucking regional rebound

Across the broader market, gainers beat decliners 362 to 234. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/04/2025

Singapore forms task force to support businesses against impact of US tariffs

Describing the global situation as “fluid”, PM Wong said in a ministerial statement that the task force will help businesses and workers address immediate uncertainties, strengthen resilience, and ...

Posted on 08/04/2025

More people own crypto in Singapore, with younger users leading the way: Survey

A majority of users say they expect to increase their usage of crypto for payments in the future. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/04/2025

Singapore may or may not face recession but GDP likely ‘significantly impacted’ by US tariffs: PM Wong

SINGAPORE] Singapore may or may not enter a recession this year, but its economic growth will no doubt be “significantly impacted” by the onslaught of tariffs wreaked by Trump, Prime Minister Lawrence ...

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