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Tag: tax

Posted on 08/05/2025

Sea Limited opens new 10-floor HQ in Singapore for its fintech unit

Sea Limited has opened a 10-floor HQ in Singapore for its fintech unit SeaMoney, which has now been rebranded to Monee.

Posted on 08/05/2025

Singapore’s Bank DBS First-Quarter Net Profit Drops 2%, but Beat Forecasts

SINGAPORE (Reuters) -DBS Group, Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly ...

Posted on 08/05/2025

Singapore bank DBS first-quarter net profit drops 2% on-year

DBS Group , Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly due to higher tax ...

Posted on 08/05/2025

Singapore sets up new GasCo entity, appoints chief executive, says regulator

Singapore's energy regulator said on Wednesday the country has established a fully government-owned entity called Singapore GasCo to centralise the procurement and supply of gas to the power sector in ...

Posted on 08/05/2025

Singapore-Pacific Alliance FTA offers firms, investors a stable environment to grow: Alvin Tan

Minister of State for Trade and Industry Alvin Tan says the free trade agreement (FTA) between Singapore and Pacific Alliance offers businesses and investors a stable environment to grow. The FTA ...

Posted on 07/05/2025

Bitcoin gains as crypto investors bet on positive US-China trade talks

The rally followed news that the US treasury secretary and trade representative will meet with the Chinese government in Switzerland this week.

Posted on 07/05/2025

Singapore’s 6 billionaires under 50 boast nearly $20B in net worth

Only six of Singapore’s 49 billionaires are under 50, but they collectively hold a US$19.8 billion in wealth, according to Forbes’ 2025 ranking.

Posted on 07/05/2025

Credit Suisse agrees to pay over US$510M in US tax case involving Singapore accounts

The bank was sentenced for conspiring to conceal over US$4 billion from the US Internal Revenue Service (IRS) across at least 475 offshore accounts, which were maintained by the Swiss bank in ...

Posted on 07/05/2025

Singapore GasCo set up to centralise natural gas imports; ex-Pavilion Energy’s Alan Heng named CEO

By centralising procurement, GasCo aims to reap economies of scale and negotiate for more favourable gas contracting terms ...

Posted on 07/05/2025

Singapore, European Union sign new trade agreement to boost digital connectivity

SINGAPORE] Singapore and the European Union (EU) have signed a new agreement to facilitate end-to-end digital trade between both sides. Read more at The Business Times.

Posted on 07/05/2025

Singapore and EU sign digital trade pact, deepening cooperation amid global uncertainties

The EUSDTA is Singapore’s fifth such pact with other countries. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2025

Singapore hotel figures slip in Q1, with main drags in March; visitor arrivals steady

Tourism board pointed to “exciting line-up of events” in the next few months, including Lady Gaga concerts. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2025

Bitcoin Rises as US-China Trade Talks Spark Bullish Crypto Bets

Bitcoin rose alongside Asian stocks and a strengthening dollar after news that the US and China plan to hold trade talks.

Posted on 07/05/2025

Aster to acquire Chevron Phillips Singapore Chemicals

Aster Chemicals and Energy will acquire Chevron Phillips Singapore Chemicals through its affiliate Chandra Asri Capital, the company said in a press release on Wednesday.

Posted on 07/05/2025

Andy Gallagher to head Kantar Singapore’s Media and Creative business

Kantar has announced the appointment of Andy Gallagher, a seasoned global media and communications leader as the head of its creative and media business for Singapore.

Posted on 07/05/2025

CNA938 Rewind – #TalkBack: How rampant is the problem of silent directors in Singapore?

The High Court is setting out a stiffer sentencing framework for silent directors paid not to exercise oversight over companies they incorporate here. Lance Alexander and Daniel Martin discuss more ...

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