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.
The Inland Revenue of Singapore (IRAS) endorses the arm’s length principle as its standard guide to transfer pricing.
The Indonesia-Singapore Bilateral Investment Treaty (BIT) updates the rules on the treatment of investments from both countries.
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.
Singapore has extended several measures to assist businesses in accelerating their digital transformation.
Singapore’s foreign worker quota will be reduced for the manufacturing sector from 20 percent to 15 percent by January 2023.
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[…..]
Singapore’s government issued the COVID-19 Resilience Package as part of its 2021 national budget announcement on February 16, 2020.
Sri Lanka is being developed to act as an accessory in part to Singapore, the regional Southeast Asia financial and services capital.
Singapore’s Minister of Trade introduced the latest plans to transform his country into a regional and global e-commerce hub.