Manufacturing Activity in Singapore Shrinks at Slower Pace Singapore manufacturing growth showed a slower pace as factory activity eased on softer demand. June’s Manufacturing Growth The official Purchasing Managers’ Index (“PMI”) for June, released on July 2, slipped to 52.5, down from previous month’s figure (though the figure stays above the 50-point mark). As…
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A Foreigner’s Guide: How to Start a Business in Singapore Singapore, a name that signifies economic powerhouse in Asia, has been one of the favourite investment hotspots for foreigners. While many might think that starting a new business in Singapore is a daunting task, it could be an easy task if you are guided with…
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Malaysia SST: What Changes to be Expected? It was in May this year that the Ministry of Finance in Malaysia declared the abolishment of the GST or the Goods and Services Tax. The government added that the Malaysia SST or the Sales and Services Tax will be reintroduced in its place. The nation’s tax system…
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How to Start Your Business in Singapore It is a known fact that Singapore is one of the important economic powerhouses, in both Asia and the world. Despite its small size, Singapore’s robust economy makes it easy for local and international businesses to make their mark. As Singaporean economy continues to grow, Singapore is attracting…
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Singapore is Going Cashless The days of paying with cash are slowly fading into the sunset. Singapore, one of the important economic powerhouses in Asia, is moving to a cashless society. According to Ong Ye Kung, the Education minister of Singapore, who is also a board member of the Monetary Authority of Singapore, the Singaporean…
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Which Business Is Good in Singapore? Many dream of owning and running their own business, but not everyone takes that leap of faith because of the fear and uncertainty of not knowing which business is good to start in Singapore. That, along with other factors such as a lack of start-up funding, networking, and capacity…
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A Guide to Singapore Holding Companies When it comes to outbound investments, there is no other place in the world quite like Singapore. It is by far the most preferred jurisdiction by investors who are keen to set up a holding company in Singapore, and here is why. What Makes Singapore Holding Companies the…
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CorpPass Is Ready for Foreigners in Singapore Good news for foreigners currently residing in Singapore without a SingPass, you will now be able to access and use CorpPass through the CorpPass 2FA mobile application. This can be done even if you do not hold a SingPass. Owned and managed by the Ministry of Finance and…
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