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Singapore Faces Succession Setback, but Should be Business as Usual
On April 8, 2021, Deputy Prime Minister Heng Swee Keat announced that he will step aside as the successor to Prime Minister Lee Hsien Loong.
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Transfer Pricing in Singapore: A Guide for Foreign Investors
The Inland Revenue of Singapore (IRAS) endorses the arm’s length principle as its standard guide to transfer pricing.
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The Indonesia-Singapore Bilateral Investment Treaty Comes into Effect
The Indonesia-Singapore Bilateral Investment Treaty (BIT) updates the rules on the treatment of investments from both countries.
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GST Changes in Singapore for 2021: How Should Businesses Prepare
Singapore has delayed the increase of the goods and sales tax (GST) for 2021 and has extended GST rules to include low-value goods imported via air or post.
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How Singapore is Helping Businesses Accelerate Digital Transformation and Expand Overseas
Singapore has extended several measures to assist businesses in accelerating their digital transformation.
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Singapore to Reduce Foreign Worker Quota for Manufacturing Sector
Singapore’s foreign worker quota will be reduced for the manufacturing sector from 20 percent to 15 percent by January 2023.
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UK exporters’ use of Singapore as ASEAN’s supply chain gateway boosted by new bilateral trade agreement
By Bob Savic, Advisor to Dezan Shira & Associates From “Singapore-on-Thames” to cruising on the Singapore River There was much controversy, before and after the United Kingdom’s (UK) Brexit from the European Union (EU), in talk of it adopting a free trade and manufacturing model similar to Singapore’s. The idea was dubbed as “Singapore-on-Thames” by[…..]
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Singapore’s Resilience Package: Support for Businesses and Jobs in 2021
Singapore’s government issued the COVID-19 Resilience Package as part of its 2021 national budget announcement on February 16, 2020.
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An Asian Leopard Awakes: The Rise of Sri Lanka; Singapore’s New Business Companion
Sri Lanka is being developed to act as an accessory in part to Singapore, the regional Southeast Asia financial and services capital.
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Singapore Announces Strategy for E-commerce Industry: Potential for Global and Regional Hub
Singapore’s Minister of Trade introduced the latest plans to transform his country into a regional and global e-commerce hub.
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