ASEAN Briefing News

Singapore Economy Recap for 2023

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We recap key economic indicators from Singapore in 2023, including trends and opportunities for the city-state.

Singapore Signs FTA With MERCOSUR Bloc

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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

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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

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Singapore’s government unveiled its latest support package to provide more relief for households as well as businesses.

Taxation of Foreign Sourced Income in Singapore Effective January 2024

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Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.

US and Singapore to Deepen Collaboration on AI and Emerging Technologies

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The US and Singapore have committed to deepen their technology partnership by collaboration on key areas of critical and emerging technology.

Why Establish a Family Office in Singapore

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Singapore has become the preferred destination for family offices. The city-state recorded over 1,500 family offices by the end of 2022.

Singapore Family Office Setup: Structural Model and Entity Formation

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Before establishing a family office, families must identify which corporate structure aligns most effectively with their business requirements.

Strengthening Family Office Participation in Singapore’s Financial Ecosystem

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Singapore’s Wealth Management Institute introduced two new initiatives to deepen the integration of family offices into the national economy.

Establishing a Family Office in Singapore – Latest Issue of ASEAN Briefing Magazine

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The latest issue of ASEAN Briefing Magazine, titled “Establishing a Family Office in Singapore”, is out now and available to subscribers as a complimentary download.

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