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Tag: Singapore

Posted on April 22, 2023

What is the 99-1 loophole in Singapore and is it illegal? Here’s how to plan ABSD taxes, not evade them

The mark of a true blue Singaporean isn’t how well he/she can follow the law, it’s about getting around it without breaking it.But all that becomes tricky when we’re talking about tax. Where do we …

( read original story …)



Posted on April 22, 2023

Why Singapore is considered a sought-after Business Destination?

Setting up a business is a time-consuming and confusing process. The process is lengthy and one can lose track of …
Posted on April 22, 2023

Less than 1% of private home transactions in Singapore use 99-to-1 arrangement: Finance Ministry | Video

From 2018 to 2021, about 0.5 per cent of private residential properties transacted involved “99-to-1” or similar arrangements, and action will be taken against both buyers and property agents, said …
Posted on April 21, 2023

Sri Lanka, a regional hub for enhancing connectivity for Daraz Group

The Daraz Group recently convened its strategic management meetings in Colombo, Sri Lanka. The leadership teams and senior management from the Daraz’s offices in Pakistan, Bangladesh, Nepal, Singapore …
Posted on April 21, 2023

BNP Paribas unveils new onshore wealth business in Thailand

The French bank joins HSBC, DBS and others in setting up a full-service wealth management offering in the stable southeast Asian country, with all transactions booked in nearby Singapore.
Posted on April 21, 2023

Less than 1% of private home transactions in Singapore use 99-to-1 arrangement: Finance Ministry

SINGAPORE: From 2018 to 2021, about 0.5 per cent of private residential properties transacted involved “99-to-1” or similar arrangements, and action will be taken against both buyers and property …

( read original story …)



Posted on April 21, 2023

Singapore property investment activity slows on high interest rates

Real estate investment activity in Singapore shrank to about US$4bil (RM18bil) in the first quarter – the lowest quarterly volume registered since the fourth quarter of 2020, at the height of the …

( read original story …)



Posted on April 21, 2023

Singapore rolls out new plans to support green finance | Video

Singapore is rolling out new plans to support green finance, including Asia’s first master’s programme on sustainable financing conducted at the National University of Singapore. Deputy Prime Minister …
Posted on April 20, 2023

Singapore plans ESG rules, pushes transition finance

The central bank and Singapore Exchange Ltd are planning to require key financial institutions and listed companies to make ESG disclosures in line with rules being developed by the International …
Posted on April 20, 2023

So long Singapore: expats flee city as rents go through the roof

Southeast Asian city-state is losing international talent as some expats report rent hikes as high as 80 percent.

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