Business Blogs

The Accounting and Corporate Regulatory Authority (ACRA) of Singapore continuously reviews the regulatory frameworks governing the companies and businesses registered in Singapore and makes necessary amendments to ensure the relevance, ease of application and efficacy to uphold the country’s competitiveness as a regional business hub. In line with this trend,…Read More

As announced by the Singapore Government last year, Singapore Corporate Access (CorpPass), which is the digital identity for businesses in the country, will the only login method for businesses to transact with the Government from September 1, 2018. This means that all other existing login methods, such as SingPass and…Read More

The Economist’s Intelligence Unit recently published its list – Worldwide Cost of Living Survey 2018 – of world’s most expensive city, and once again Singapore has landed on top, for a remarkable fifth year running. Notably, the survey compares more than 400 individual prices across over 150 products and services…Read More

Budget 2018 anchors on three main themes for businesses – Innovation, Productivity, Digital Capabilities & Internationalization. Following is an overview of the key features of the Budget that impact the business community. Measures to Manage Near-Term Cost Pressures 1) Corporate Income Tax (CIT) Rebate Currently, companies qualify for Corporate Income…Read More

Singapore’s e-commerce market is slowly positioning itself as a key player in the country’s retail industry. E-commerce is expected to make up 6.7 per cent of all retail sales in the city-state come 2025, triple that of the 2.1 per cent figure in 2015. The net worth of the e-commerce…Read More

Crowdfunding is the activity of raising money (funds) from a large number of individuals (crowd) through an online platform. The most popular examples of such platforms around the world include: GoFundMe – with over 50 million supporters and over US$5 billion raised Kickstarter – with over 14 million supporters and…Read More