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Tag: tax

Posted on 03/08/2026

US tariffs threaten US$3.1bil of Singapore’s pharma exports, says deputy PM

SINGAPORE: Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the US on their goods, Singapore’s deputy prime ...

Posted on 03/08/2026

Singapore is not trying to win the crypto race. It is trying to win the right one.

Singapore just sent a clear message to every bank touching cryptocurrency within its borders. The Monetary Authority of Singapore wants full visibility into digital asset holdings, and it wants that ...

Posted on 01/08/2026

VCI Global unveils crypto treasury plan, backs Tether’s payments arm OOBIT

Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in ...

Posted on 31/07/2026

Owner of Singapore-based Vietnamese matchmaking agency retires after 3 decades, sells business for $76,000

The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.

Posted on 31/07/2026

Singapore tax clarification clouds returns from leveraged FCNR deposits: Report

Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.

Posted on 31/07/2026

FCNR(B) hurdle: Singapore holds ground on withholding tax

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...

Posted on 30/07/2026

Crypto News: MemeToro Publishes Open-Source Framework Supporting Transparent AI-Powered Token Launches

According to the company, the AI Meme Launch Agent is being developed to continuously analyze cryptocurrency news, market trends, and social sentiment before generating complete memecoin concepts.

Posted on 30/07/2026

Is Singapore still competitive in a world with a global minimum tax?

Iras has now moved. From 2026 onwards, uncharged and merely notional stock-compensation costs may be left out of the Singapore entity’s taxable service income, even as they remain in the base on which ...

Posted on 30/07/2026

Web3 Is A Joke Unveils “Roast of Crypto & AI,” a New Comedy Event Coming to Token2049 Singapore Week

Web3 Is A Joke is the company behind the Roast of Crypto & AI, a standalone comedy and entertainment event built for Token2049 Singapore week. The show brings professional comedic talent to a crypto ...

Posted on 30/07/2026

Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE

A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. While the bill has been drafted ...

Posted on 28/07/2026

Asia’s wealthy aren’t selling crypto, but they’re buying this instead

The digital assets sector isn’t receiving much interest from wealthy asset holders across Asia. While high-net-worth clients in Malaysia and Singapore are still holding onto crypto assets in their ...

Posted on 27/07/2026

HTCO Announces Ten-Year Extension of Singapore MSI-AIS Maritime Tax Exemption Through 2035

MSI-AIS Award Extended Through 2035, Providing Long-Term Tax Certainty and Enhancing Competitive Position in Global Shipping ...

Posted on 27/07/2026

Crypto treasury firms pivot to AI in bid to win back investors

The implosion of the once-hot market for cryptocurrency treasury stocks is prompting several firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working.

Posted on 27/07/2026

Singapore’s Triple-A Reports $11.8M Cryptocurrency Treasury Breach

Singapore crypto firm Triple-A confirms $11.8M treasury wallet breach. Client funds unaffected as investigation continues with police and forensics teams.

Posted on 27/07/2026

‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariff

Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/07/2026

‘Nothing we can do’: Singapore businesses stung by higher 12.5% US tariffs

Discover how Singapore businesses are impacted by increased US tariffs and export taxes, affecting their operations and sales. Read more at straitstimes.com. Read more at straitstimes.com.

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