Singapore Urges Deeper ASEAN-India Relations
Aug. 2 – Earlier this week, at the inaugural lecture of the ASEAN-India Centre in New Delhi, Singapore’s Foreign Minister K Shanmugam pushed for a deeper relationship between ASEAN and India so as to further expand tourism and business opportunities between the two regions. Specifically, in addition to the services and investment free trade agreement […]
Mauritius to Tighten India Tax Treaty Loophole, Singapore to Benefit
Jul. 26 – Mauritius, long the largest sender of foreign direct investment into India thanks to a loophole in its tax treaty which allows Mauritius-based holding companies to offset capital gains taxes (CGT), is finally looking to close this loophole following pressure from the Indian government. The Indian government has estimated that over US$74 billion […]
ASEAN SMEs Bolstered After Singapore-Japan MoU
May 29 – Japanese and Singaporean SMEs are set to receive a boost after a Memorandum of Understanding (MoU) was inked this week between SPRING Singapore, Japan Bank of International Cooperation (JBIC), and the Mizuho Corporate Bank (MHCB). The agreement will support business collaboration between the two countries through the facilitation of investment and sharing […]