Straits Bulletin – Page 14 – News from Singapore to You

Singapore Strengthens Anti-Money Laundering Measures with New Task Force

Government Aims to Enhance Financial Oversight and Enforcement Singapore is taking further steps to tighten its anti-money laundering (AML) framework by establishing an inter-ministerial committee...

Overly Prescriptive SGX Listing Rules May Hinder Growth

Minister Highlights Need for Flexibility in Supporting Local Companies Requiring companies to list on the Singapore Exchange (SGX) as a condition for government support could...

Lee Kuan Yew’s Pragmatism Remains Key in Geopolitics

Panellists Discuss His Influence on Global Affairs at Asia Future Summit At the Asia Future Summit 2023, experts emphasized that the pragmatic approach of Singapore’s...

MAS to Review Single Family Office Tax Incentive Process

Tightening Measures to Prevent Money Laundering Risks in the Sector In light of Singapore’s largest money-laundering investigation, the Monetary Authority of Singapore (MAS) has announced...

ACRA to Introduce Penalties and Directorship Restrictions in 2024

Strengthening Anti-Money Laundering Measures and Corporate Oversight The Accounting and Corporate Regulatory Authority (ACRA) is set to introduce new proposals in 2024 to tighten Singapore’s...

Public Transport Fare Increase Expected to Raise 2024 Core Inflation

Impact of Public Transport Fare Hike on Singapore’s Inflation Projections In a recent statement, Singapore’s Trade and Industry Minister Gan Kim Yong revealed that the...

Deputy Prime Minister Lawrence Wong’s First Working Visit to the US

Strengthening Singapore-US Ties with Key Diplomatic and Economic Engagements Deputy Prime Minister of Singapore, Lawrence Wong, has embarked on his first official working visit to...

PM Lee Stresses Cooperation Amid Asia’s Geopolitical Challenges

Navigating Regional Tensions and Nationalism for Asia’s Future Prosperity During the Asia Future Summit on October 5, 2023, Singapore’s Prime Minister Lee Hsien Loong emphasized...

Isca and CPA Australia Sign Mutual-Recognition Agreement to Enhance Accounting Profession Mobility

A Strategic Collaboration to Support Talent Mobility Between Accounting Bodies In a significant move to strengthen global mobility within the accounting profession, the Institute of...

Growth of Singapore’s Digital Economy

How the Digital Economy’s Rapid Expansion Contributes to Singapore’s GDP In 2022, Singapore’s digital economy made a significant contribution of 17.3% to the country’s GDP,...

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