Business Blogs

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

The Panama Papers scandal has unfolded a series of regulatory changes by governments across the globe, whereby the scrutiny on Beneficial Owners (BO) of corporate/legal entities has become tighter. As part of the measures to combat money laundering (ML) and financing of terrorism (FT), even non-financial entities have come under…Read More

Managers of Venture Capital (VC) funds can now enjoy relaxed rules as announced by the Monetary Authority of Singapore (MAS). This will boost startups’ access to growth capital, making the process more streamlined. How the Revised Rules for Managers of VC Funds Came About The revised rules and public consultation…Read More