SINGAPORE: Foreign visitors on short-term visit passes will no longer have their passports stamped when they enter Singapore, the Immigration & Checkpoints Authority (ICA) said on Friday (Mar 11). They will be issued with electronic visit passes (e-Passes) in lieu of inked endorsements. The move is “part of ICA’s efforts to provide a more secure, safer and more […]
Read MoreSINGAPORE’S prevailing income tax rules will apply to transactions of non-fungible tokens, or NFTs, said Finance Minister Lawrence Wong in Parliament on Friday (Mar 11). In a parliamentary reply to Yio Chu Kang SMC Member of Parliament Yip Hon Weng, Wong said that the income tax treatment “will be determined based on the nature and […]
Read MoreSINGAPORE, March 11 — For taxi drivers such as Andy Guan, the recent announcement that all operators will be increasing their fares this month should have brought some cheer, but the reality is that it has not made much of a difference in earnings for the 40-year-old Prime Taxi driver. With most people still working […]
Read MoreSingapore is seeking to attract higher-calibre foreign workers under a new points-based visa system, as part of the government’s broader push to boost local employment while positioning itself as a global city, Manpower Minister Tan See Leng said. “What we are trying to do is to be able to differentiate the high talent, the really […]
Read MoreSINGAPORE’S antitrust authorities are keeping a close watch to ensure petrol companies do not profiteer from the recent surge in crude oil prices that has occurred after war broke out in Ukraine, said Second Minister for Trade and Industry Tan See Leng on Thursday (Mar 10). Responding to a parliamentary question from Sembawang GRC MP […]
Read MoreSINGAPORE, March 10 — Some economists in Singapore are raising their 2022 inflation forecasts as the Russian invasion of Ukraine adds further pressure to already hard-pressed global supply chains and energy prices. Two out of five private-sector economists approached by TODAY have increased their forecasts in the past month. This is in line with findings of the […]
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