Cost-of-Living Package Excludes Businesses, Focuses on Consumers
Finance Minister Lawrence Wong Stresses Need for Firms to Adapt Singapore’s S$1.1 billion Cost-of-Living Support Package, announced by Finance Minister Lawrence Wong, is designed to...
Singapore Firms Improve Payment Performance in Q3
Construction and Retail Sectors Lead Recovery, While Manufacturing Faces Challenges Singapore’s payment performance improved in Q3 2023, marking a recovery after two consecutive quarters of...
Singapore’s Largest Anti-Money Laundering Case Reaches S$2.8 Billion
Government Strengthens Measures Amid Rising Financial Crimes The total value of assets seized or frozen in Singapore’s largest anti-money laundering investigation has now surpassed S$2.8...
Singapore’s Public Transport Fare Hikes Reflect Macroeconomic Factors
Government Balances Affordability, Sustainability Amid Rising Costs Singapore’s public transport fare increases are based on macroeconomic changes such as core inflation, national wage growth, and...
Singapore Considers Expanding Anti-Money Laundering Regulations
Government Evaluates Stricter Controls on High-Value Assets Amid Billion-Dollar Case Singapore is assessing whether to broaden its anti-money laundering (AML) regulations to cover luxury assets...
Charities Urged to Strengthen Safeguards Against Illicit Use of Donations
Minister Emphasizes Need for Due Diligence in Fundraising Amid Money Laundering Concerns Charities in Singapore are expected to implement stronger safeguards to prevent their funds...
Two Property Agents Penalized for Failing Anti-Money Laundering Checks
Agents Found Guilty of Neglecting Due Diligence Requirements in Property Transactions Two property agents in Singapore have been found guilty of violating anti-money laundering regulations...
Singapore Introduces Amendments on Law Training, Tax Relief, and CPF
Proposed Bills Aim to Enhance Legal Training, Tax Incentives, and CPF Administration Singapore’s Parliament has introduced three amendment bills aimed at refining the professional training...
Singapore Hotel Revenues and Room Rates Decline in August
Seasonal Dip Affects Hotel Performance, But Growth Remains Strong Singapore’s hotel industry saw a decline in both average room rates (ARR) and overall revenues in...
Singapore’s PMI Returns to Growth in September
Manufacturing Sector Shows Signs of Stabilization Singapore’s manufacturing sector returned to expansion in September after six months of contraction, signaling potential stabilization. The Purchasing Managers’...
D
Enjoy Unlimited Digital Access
Read trusted, award-winning journalism.
Just $2 for 6 months.
Already a subscriber? Log in
