RETAIL investors’ interest in Singapore Savings Bonds (SSBs) has waned in recent months, likely due to competition from banks offering higher rates for fixed deposits, DBS Group Research said on Thursday morning. The total applied amount for May and June has been hovering around S$275 million each month, down from more than S$400 million previously. […]
Read MoreSWITZERLAND is now the best place in the world for expats to live and work. It took the crown from second-placed Singapore, which had held it for four straight years since 2015, according to the latest edition of HSBC’s annual survey. HSBC credited quality of life, highly competitive salaries and stunning surroundings for Switzerland’s vault […]
Read MoreIN A move to enable Singapore real estate investment trusts (S-Reits) to better compete against private capital and foreign Reits when making real estate acquisitions, the Monetary Authority of Singapore (MAS) is considering raising their current leverage limit of 45 per cent. Leverage, defined as the debt-to-asset ratio, measures how well-capitalised a company is. The […]
Read MoreSingapore is the easiest place in the world for businesses to meet GST rules, a new study by the University of New South Wales Sydney and KPMG has found. The study analysed the tax compliance burden for GST (also called VAT) of 47 countries worldwide, and found that Singapore had the lowest costs among all the countries in […]
Read MoreLOCAL firms’ payment performance has worsened following a previous quarter rebound, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday. For the second quarter, prompt payments accounted for less than half of total payment transactions, while slow payments accounted for more than a third of total payment transactions. Prompt payment refers to when 90 per […]
Read MoreSINGAPORE came out tops in a latest study by UNSW Sydney and KPMG that considered the compliance requirements and administrative burden associated with adhering to Value Added Tax (VAT) and Goods and Services Tax (GST) rules. Launched last September, the research concluded that 14 countries out of 47 jurisdictions around the world scored favourably with […]
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