BSEL Pledges RM15 Billion Investments in Iskandar Malaysia

23 Oct 2009 - Published in Blog

Kuala Lumpur, Fri - The Iskandar Regional Development Authority (IRDA) today signed an MOU with BSEL Infrastructure Realty Ltd of India (BSEL) for several development projects in Iskandar Malaysia. The collaboration is an understanding between the two where the Indian company has committed to make investments in Iskandar Malaysia to the ... Read More

ASEAN-Korea Services FTA – Fillip to Regional Trade

Published in Blog

ASEAN-Korea FTA Trade in Services Agreement was signed on 20 November 2007 during the 11th ASEAN –Republic of Korea summit held here in Singapore. Korean president Roh Moo-hyun signed the agreement with leaders of the 10 member Association of Southeast Asian Nations (ASEAN) that will open up service markets in ... Read More

Singapore – Buoyant Marine & Offshore Industry

22 Oct 2009 - Published in Blog

The Marine and Offshore Technology COI will help marine and offshore companies, especially SMEs, develop new and innovative products, services and processes. A joint initiative by SPRING Singapore and Ngee Ann Polytechnic, the COI has invested some $5.5 million in state-of-the-art processing and development equipment. It is funded under SPRING’s ... Read More

Singapore Easiest Place in the World to Do Business

Published in Blog

Singapore has kept its top ranking for the fourth year in a row as the easiest place in the world to do business in the World Bank’s Doing Business 2010 report. The report, which examines regulations and how they affect businesses, ranks 181 economies on the overall ease of doing ... Read More

Singapore an Ally to High Income Brackets

Published in Blog

Singapore has the third highest rates of personal income tax amongst all the countries surveyed (with the exception of Switzerland) in the latest Individual Income Tax and Social Security Rate Survey. KPMG has recently studied the personal income tax rates globally and noted an interesting find; as most countries increase personal ... Read More

EntrePass Business Plan for Singapore Work Pass – Litmus Test

Published in Blog

Singapore’s EntrePass is designed to facilitate the entry and stay of foreign individuals in Singapore to directly manage their entrepreneurial venture in Singapore. The EntrePass allows successful applicants’ families to live in Singapore. Dependant passes granted to the immediate family members allow them to live work and study in ... Read More

Employment Pass Eligibility Certificate (EPEC) – Singapore License to Job Hunt

Published in Blog

The economic boom and the abundant growth prospects forecasted for all the key industries have escalated the job opportunity in all spheres. In tune with its foreign talent friendly policies the government is welcoming the niche talents that will contribute to the economic prosperity of the city state. Singapore's strategy ... Read More

Singapore More Open to Immigrants

Published in Blog

Now, 30% of the City state’s population is foreigners. Permanent Residents accounted for 10.3 percent of the population, while people from overseas on work passes or study visas and their dependents made up 19.5 percent. According to data revealed by the Singapore Department of Statistics on October 22, the country's ... Read More

Singapore Issues Long Term Pass Card for Foreigners

Published in Blog

As part of the government’s initiative to enhance the national security of the country, Singapore will issue a new Long Term Pass (LTP) card to all foreigners residing in Singapore. The card will be issued in phases from the second half of 2008 to foreigners on Student's Pass (STP), long ... Read More

Singapore – Foreign Manpower Quota Increased

Published in Blog

The recent announcement on relaxed foreign worker policy brings good news for SMEs in marine and construction industry facing severe manpower shortage. It is estimated that the booming industry will escalate the demand for skilled and semi skilled workers in the next few years. After a careful analysis of the ... Read More