ASEAN Briefing News

Singapore’s CPF Special Account Closure: What to Expect in 2025

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Singapore’s CPF Special Account will close in January 2025 for those aged 55 and above, consolidating funds into Retirement Accounts. Discover the impacts on workers, businesses, and how to optimize retirement planning under the new system.

New Employment Pass Salary Requirements in Singapore: How Businesses Can Prepare

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Learn about Singapore's new 2025 Employment Pass salary thresholds and COMPASS framework. Find out how businesses can prepare to meet the updated requirements.

National Wage Council Urges Wage Hike for Lower-Income Workers in Singapore

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Singapore's National Wage Council advises 5.5-7.5% pay rise for lower-income workers. Discover how this impacts businesses and wage practices.

China-Singapore Economic Ties: Trade, Investment, and Opportunities

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In this article, we explore the strengthening economic ties between China and Singapore, highlighting potential opportunities in bilateral trade and investment.

What Makes Singapore a Prime Location for Semiconductor Companies

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Discover why Singapore is a prime hub for semiconductor companies with its strategic location, advanced infrastructure, skilled workforce, and government incentives.

Singapore's Economic Outlook for the Next 5 Years

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Find out the current state of Singapore’s economy and how it will develop over the next five years based on current economic data.

Singapore Sets April 2025 Deadline for Mandatory Digital Bunker Notes

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By April 2025, Singapore will require marine fuel suppliers to issue digital bunker notes, streamlining the bunkering process and boosting transparency between buyers and sellers.

New MAS Guidelines for Payment Service Providers in Singapore

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Discover the 2024 MAS guidelines updates for Payment Service Providers, including new licensing requirements, independent assessments, and enhanced compliance standards in Singapore.

Tax Incentive Requirements for Family Offices in Singapore

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We demonstrate the key requirements to qualifying for income tax exemption for family offices in Singapore.

Singapore Strengthens Anti-Money Laundering Legislation

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Discover how Singapore's Anti-Money Laundering Act has been strengthened with key amendments, including new property seizure rules and measures addressing foreign environmental crimes.

Malaysia’s Family Office Incentives: A Challenge to Singapore?

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Malaysia introduces family office incentives in the FCSFZ, offering benefits that could compete with Singapore’s established financial hub.

Singapore’s New Workplace Fairness Law: What Employers Need to Know

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Learn how Singapore’s proposed Workplace Fairness Legislation will reshape employment practices by banning discrimination and enforcing grievance processes.

Proposed Amendments to Singapore's Income Tax Act

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Learn about the key updates in Singapore’s Income Tax (Amendment) Bill 2024, impacting trusts, funds, and REITs.

Enhanced Family Benefits and Retrenchment Support for Employees in Singapore

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Singapore introduces updated Employment Law with improved paternity and shared parental leave, plus financial support for retrenched workers.

Singapore Bans Employer of Record Sponsorship: Key Alternatives for Foreign Businesses

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Understand Singapore's ban on Employers of Record sponsorship for foreign workers and explore alternative hiring options for non-Singaporean businesses.

Asia Transfer Pricing Brief: Q2 2024

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In our Asia Transfer Pricing Brief for Q2 2024, we present the latest updates and new guidelines on transfer pricing from Malaysia, Singapore, and the OECD.

India and Singapore Eye Future Growth in Semiconductors

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India and Singapore have signed 4 MoUs, including an agreement to partner and cooperate in the field of semiconductor ecosystems.

Singapore and EU Conclude Digital Trade Agreement

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Discover how the EU-Singapore Digital Trade Agreement enhances cross-border digital trade, promotes innovation, and fosters secure data flows.

Decoding China’s H1 2024 Foreign Direct Investment (FDI) Performance

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In H1 2024, China’s FDI fell 29.1 percent to US$69.93 billion, but new foreign-invested enterprises rose 14.2 percent, with Germany and Singapore boosting investments in high-tech and green sectors.

Australia Approves Renewable Energy Link to Singapore

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Australia's approval of a renewable energy link to Singapore can reshape Southeast Asia's energy landscape and boost regional clean energy initiatives.

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