SINGAPORE

SINGAPORE: Mandatory Price Transparency Guidelines Announced for Retailers

17 September 2020

As of 1 November this year, all retail businesses, whether conventional or digital, will have to comply with the Competition and Consumer Commission of Singapore’s new price transparency guidelines. More

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Family office business booms

07 September 2020

In his novel Anna Karenina, Leo Tolstoy held that happy families are all alike but unhappy ones each have their own unique misery. More

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SINGAPORE: Minimum Salary Threshold Raised for Overseas Work Permits

01 September 2020

The minimum monthly salary threshold has been raised for applicants for the country’s two primary work permits for professional and skilled non-local staff – the Employment Pass (EP) and the S Pass. More

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SINGAPORE: Enhanced Development Support Announced for Fintech Sector

19 August 2020

The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that S$250 million (US$182.97 million) of additional funding will be made available over the next three years for the domestic fintech sector under the terms of an enhanced version of the country’s existing Financial Sector Technology and Innovation Scheme (FSTI), first introduced back in 2015. More

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SINGAPORE: Beneficial Ownership Data Centralised into Corporate Regulator

05 August 2020

All companies are now required to file information related to their beneficial owners and controllers directly with the country’s Accounting and Corporate Regulatory Authority (ACRA). More

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SINGAPORE: Consolidated Insolvency, Restructuring and Dissolution Regime Adopted

03 August 2020

The Insolvency, Restructuring and Dissolution Act, which consolidates the country’s personal and corporate insolvency and debt restructuring procedures into one legislatory regime, has now come into effect. More

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SINGAPORE: China Announced as Latest Signatory to Covid-19 Cooperation Pact

13 July 2020

China is the latest country to sign up to an international initiative founded by Singapore and New Zealand, which aims to maintain trade and supply chain connectivity amid the ongoing challenge of the coronavirus outbreak. More

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SINGAPORE: National E-Commerce Transactions Standard Now In Effect

24 June 2020

Standard national guidelines for e-commerce transactions in the country have now been introduced. More

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SINGAPORE: Mutual Business Travel Arrangements Announced With China

09 June 2020

Singapore and China have announced the setting up of a mutual “fast lane” to facilitate essential business and official travel between the two countries. More

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SINGAPORE: Development Grants Announced for Domestic Fintech Sector

27 May 2020

The Monetary Authority of Singapore (MAS), the country’s central bank, has announced plans to provide financial support to the domestic fintech sector. More

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