You Must Build Employee Productivity It is important to build employee productivity in every workplace, no matter what industry you are a part of. Recognizing the hard work of your employees can have a good impact on your company’s return on investment. In fact, the majority of workers work harder when their efforts are rewarded.…
The MOM Guidelines During COVID-19 Outbreak The Ministry of Manpower (MOM) together with the Singapore National Employers Federation and the National Trades Union Congress made an advisory on how they must handle the movement of employees during the COVID-19 outbreak. Singapore’s tripartite partners have acknowledged that employers have begun implementing measures to save on costs.…
Knowing the Wage Credit Scheme Updates 2019 in Singapore Singapore is known around the world for its efficiency and excellent employment system that lets employers take advantage of the Wage Credit Scheme (WCS). The Ministry of Finance and IRAS said that employers will receive over S$600 million in payouts. The Inland Revenue Authority of Singapore…
Streamlining Singapore’s International Arbitration Structure – The Amendments Amendments to the International Arbitration Act seeks to firmly entrench Singapore as the preferred location for international arbitration. The latest amendments to the International Arbitration Act have made essential changes that will further facilitate and streamline the arbitration process. According to Mr Edwin Tong, second Minister for…
3E Accounting commissioned the Singapore Media Academy 3E Accounting commissioned the Singapore Media Academy to conduct Media Spokesperson Training for the Strategic Communications team led by Founder Lawrence Chai. Hosted at the MediaCorp campus at 1 Stars Avenue, the C-suite-level media training was conducted by Singapore Media Academy trainers who are veteran broadcast journalists.…
Straits Times: Bosses Need to Adjust to New Hybrid Model: Experts The Straits Times featured 3E Accounting Founder and Chief Technology Officer (CTO) Lawrence Chai’s perspectives on how 3E Accounting has successfully adapted to post-COVID hybrid work arrangements. With more Singaporeans returning to the office, employers are reinventing the office environment in response to…
General Meetings – Singapore’s Updated Checklist General meetings can now be held virtually or physically – ACRA, MAS and SGD RegCo provide clarification and guidance on the essential points of the checklist. Listed and non-listed entities now have recourse to an updated checklist on the conduct of general meetings. Of importance is that the guideline…
Adopting Digital Earlier Than the Rest Makes Singapore an Asian Digital Leader In today’s world, it is mostly occupied with digitalisation. From merely ordering food, to retaining sensitive information, we seem to rely on computer power and digitalisation to make our lives easier. Admit it, only a few of us can recall the phone numbers…
Numeracy Advantage for The Entrepreneurs Entrepreneurs are constantly on the lookout for more opportunities and beneath all opportunities, there is a common language: numbers. Numbers are all around us from the national to the sector and the company level. How would those different tiers of number translate down into numbers which are relevant to you?…
Explaining the US Expat Taxes for American Citizens Living in Singapore It is mandatory for every US citizen to file expat taxes if they are currently living outside the country. Well, around 30,000 Americans residing in Singapore pay expat taxes to the US government every year. You see, most countries in the world exercise either…
An Essential Guide to India-Singapore DTA: Introduction and Conditions India-Singapore DTA is the double tax agreement between the two countries which avoids double taxation on income. For any income that is liable to be taxed on India and Singapore, they will only be taxed on one jurisdiction, which decreases the taxpayer’s burden The first DTA…
Differences Between the 2019 and 2020 Tax Seasons in Singapore Both 2019 and 2020 tax seasons have been over in Singapore. Even if most of the things were similar, for example, the deadlines and the way of filing taxes, there were some slight changes and updates. We contrast between them, which will also give an…