Singapore is the World’s Most Competitive Economy

Singapore is the World’s Most Competitive Economy

Singapore is the World’s Most Competitive Economy: World Economic Forum Global Economic Competitiveness Report For more than 40 years, the World Economic Forum has been assessing countries’ long-term competitiveness in terms of economic growth and productivity. National competitiveness, as defined by the World Economic Forum (“WEF”), is “the set of institutions, policies, and factors that…

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One-Stop Filing Service for Charities

One-Stop Filing Service for Charities

One-Stop Filing Service to Make Things Easier for Charities   One-Stop Filing Service Aims to Save Cost for Charities A new one-stop filing service will save 2,000 charities in Singapore administrative costs by filing their annual submission just once. Singapore’s Accounting and Corporate Regulatory Authority (ACRA), the Registry of Societies (ROS) and Commissioner of Charities…

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Singapore and Myanmar Investment Treaty Promotes Closer Ties

Singapore and Myanmar Investment Treaty Promotes Closer Ties

Singapore and Myanmar Investment Treaty to Handle Investment Disputes   A Major Economic Milestone Marks the Start of Greater Investment Opportunities New beginnings are on the horizon with the signing of a new Singapore and Myanmar investment treaty to handle investment disputes. With the signing of the new treaty, Singapore companies based in Myanmar can…

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MAS Outlines Eligibility Criteria For Digital Bank License Application

MAS Outlines Eligibility Criteria For Digital Bank License Application

Monetary Authority of Singapore (MAS) Outlines Eligibility Criteria For Digital Bank License Application The Monetary Authority of Singapore (MAS) announced that the application for new digital bank licenses from non-bank players is now opened. The regulator is expected to award up to five digital bank licences by mid-2020 and the successful applicants are expected to…

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Intellectual Property Initiatives in Singapore

Intellectual Property Initiatives in Singapore

Intellectual Property Initiatives Launched in Singapore   Singapore Firms to Receive Support for Patents, Trademarks and Brands Singapore moves one step closer to becoming a trusted global intellectual property (IP) hub with the launch of new intellectual property initiatives. The Intellectual Property Office of Singapore (IPOS) announced a series of new initiatives to support the…

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Trusted Data Sharing Framework in Singapore

Trusted Data Sharing Framework in Singapore

Trusted Data Sharing Framework Announced in Singapore   New Guidelines for Trusted Data Sharing Among Businesses Singapore has announced the first comprehensive Trusted Data Sharing Framework to help facilitate data sharing between organisations. The framework was developed by the Infocomm Media Development Authority (IMDA) and the Personal Data Protection Commission (PDPC). It established a set…

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