Other Briefings
Singapore Increases Goods and Sales Tax for 2024
Singapore has increased its goods and sales tax (GST) rate by one percent to nine percent as of January 1, 2024.
Singapore Expands Mandatory Climate Reporting to More Industries in 2024
The Singapore Exchange (SGX) will begin mandating more industries to submit environmental, social, and governance (ESG) reports for the 2024 financial year.
Singapore Economy Recap for 2023
We recap key economic indicators from Singapore in 2023, including trends and opportunities for the city-state.
Singapore Signs FTA With MERCOSUR Bloc
Singapore has signed a free trade agreement with the MERCOSUR trade bloc as the country seeks to expand its trade network in Latin America.
Indonesia and Singapore Implement QR Linkage Payment
Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.
Singapore Unveils Latest Relief Package to Ease Cost of Living
Singapore’s government unveiled its latest support package to provide more relief for households as well as businesses.
Singapore to Amend Free Trade Zones Act, Strengthening Powers to Tackle Illegal Trade
Singapore’s Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.
Singapore Proposes New Bill to Regulate Significant Investments in Critical Entities for National Security
Singapore’s proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.
Singapore and Malaysia Plan Joint Special Economic Zone in Johor State
Singapore and Malaysia are partnering to create a special economic zone in Malaysia’s Johor state, adjacent to the Singaporean border.
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
