Manufacturing Activity in Singapore Shrinks at Slower Pace on June 2018 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…
A Step By Step Guide for Foreigners to Start a Business in Singapore Starting a new business in Singapore as a foreigner is highly accessible through 100% foreign ownership, though professional guidance significantly simplifies the otherwise complex incorporation process for first-time international entrepreneurs. Six steps complete the journey. A Private Limited Company structure requires at…
What Can Consumers Expect After the Formation of Malaysia SST? 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 introduced the Malaysia SST or the Sales and Services Tax in its place. The nation’s tax system underwent…
We Explain the Entire Process of How to Start a Company 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, the city-state’s robust economy makes it easy for local and international businesses to make their mark. As the…
Singapore Government Aiming to Make the City-State a Cashless Society By 2025 The days of paying with cash are slowly fading into the sunset. Singapore, one of the most influential 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…
Business Ideas to Start in Singapore this Year: Which Business Is Good for You? Many dream of owning and running their own business, but not everyone takes that leap of faith. This is especially because of the fear and uncertainty of not knowing which business is good to start. That, along with other factors such…
Advantages of Setup of a Singapore Holding Companies for USA and Other Ventures When it comes to outbound investments, there is no other place in the world like Singapore. It is by far the most preferred jurisdiction for investors who are keen to set up a holding company in Singapore or companies in Singapore. …
Foreigners in Singapore Can Now Use CorpPass Through the CorpPass 2FA Application Here is good news for foreigners currently residing in Singapore. Even if you don’t have a SingPass, you will now be able to access and use CorpPass through the CorpPass 2FA mobile application. Owned by the Ministry of Finance and managed by the…