Singaporeans have net financial assets of about SGD143,000 on average, putting the country among the top 10 richest nations in the world, according to Allianz report.
MAS and CAD announced partnership to fight money laundering, terrorism financing and work on enhancing Singapore’s position as an international financial centre and trade hub.
According to the 2016 Global Innovation index, Switzerland topped the chart once again, with the USA ranking fourth place and Singapore sixth place.
Singapore, one of Asia’s top financial centres, is exposed to “foreign predicate” money-laundering cases and has to take a tougher stand…
As more and more Singapore companies are involved in international operations, they’re getting prepared to face challenges on tax issues…
The index rankings, compiled by the London-based think-tank Z/Yen Group, placed Singapore behind leader London and New York and two points ahead of Hong Kong.
The change affects all workers covered by the Employment Act which does not include managers and executives earning a monthly basic salary of more than $4,500.
Finance Minister Heng Swee Keat announced that the next stage of restructuring will involve industry-specific measures which aim to be more effective in improving efficiently…
New accounting rules on leases (IFRS 16) will be effective from January 2019 so as to create more transparency to the investors and analysts.
Some key changes in ensuring adequate disclosures include investment valuation and going concerns.
Broad criteria for the exemption are as follows and you’ll need to meet 2 out of these 3 criteria: Revenue < S$10m, Assets < S$10m and Employess ≤ 50.
A report by The Business of Cities and real estate firm JLL ranked Singapore as Asia’s top city in terms of higher education, mobility, science, broadband and technology.
Singapore has finally bagged the top spot in a league table that ranks how well countries use information technology to drive social and economic transformation.
In the new talent index released by Insead in collaboration with the Human Capital Leadership Institute and Adecco Group, Singapore is ranked second.
Singapore was ranked the most business-friendly economy among 189 countries in the world by the World Bank.
Transfer pricing has become a political issue because of a number of multinationals have taken advantage of transferring profits from high to low tax jurisdictions.
Singapore ranks second lowest to Hong Kong in the world in term of the personal income tax payable. Its relatively benign tax system aims to be more progressive…