ASEAN Briefing News

A Guide to Taxation in Singapore

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Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.

Singapore Implements New Scheme to Help Businesses Hire Foreign Workers

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Singapore’s M-SEP scheme enables companies to hire foreign S Pass and Work Permit holders above the permitted prevailing quotas.

Singapore and South Korea Sign Digital Trade Agreement

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Singapore signed a digital trade agreement with South Korea in November 2022 under the Korea-Singapore Digital Partnership Agreement (KSDPA).

Singapore Goods and Sales Tax Will Increase by 1% from January 2023

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Singapore will increase its goods and sales tax (GST) as planned from January 1, 2023, from seven to eight percent.

Singapore Launches ESG Impact Hub: What it Means for Green Finance

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Singapore recently launched the environmental, social, and governance (ESG) Impact Hub to promote the country’s ESG ecosystem and set global standards for green and sustainable finance.

Opportunities in Singapore’s Manufacturing Sector in the Era of Industry 4.0 – Latest Issue of ASEAN Briefing Magazine

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Download our latest magazine covering Singapore’s manufacturing sector in the era of Industry 4.0.

Thailand and Singapore Sign Agreements to Deepen Economic Cooperation

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Thailand and Singapore have signed several agreements aimed at deepening bilateral economic relations.

Singapore as a Base for French Investment and Expansion in ASEAN

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Singapore and France have enjoyed long trade relations since 1965, which has steadily grown to reach over US$15 billion in 2021.

German Trade with Singapore: An Overview

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More than 2,000 German companies are active in Singapore. They utilize the city-state as a regional base for expansion into Southeast Asia and beyond.

Companies in Singapore Must Now Maintain Register of Nominee Shareholders and Nominators

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Singaporean and foreign companies are now obligated to maintain a non-public register of nominee shareholders and their nominators.

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