SINGAPORE: While the recent proposal of new global tax rules concerning multinational companies (MNCs) may affect Singapore's corporate income tax revenues and limit the effectiveness of its tax incentives, it remains “too early to work out the exact impact”, said Finance Minister Lawrence Wong on ...
SINGAPORE: Reopening Singapore's borders is vital to the country's economic recovery, but doing so prematurely could result in another wave of COVID-19 infections, said Finance Minister Lawrence Wong in Parliament on Monday (Jul 5). The priority, therefore, is to speed up vaccinations, he said ...
Hong Kong's Cathay Pacific Airways said on Monday (Jul 5) that it had launched a lifestyle brand to provide offers in hospitality and shopping as the airline seeks to tap new revenue streams amid a collapse in travel demand.
South Korea is in talks with mRNA vaccine makers including Pfizer and Moderna to produce COVID-19 shots in the country and is ready to offer the capacity to make up to 1 billion doses immediately, a senior government official said.
Most Asian stocks gained on Monday, extending the rally that took global equities to a record high after a U.S. jobs report signalled the economic recovery remained intact but didn't yet warrant any immediate withdrawal of Federal Reserve stimulus.
SINGAPORE: Small- and medium-size enterprises (SMEs) will get more help to cope with the COVID-19 pandemic with a new S$1.2 billion support package, Finance Minister Lawrence Wong announced in Parliament on Monday (Jul 5). The support measures are meant for the period of “heightened alert” since ...
China's antitrust regulator is set to formally block Tencent Holdings Ltd's plan to merge the country's top two videogame streaming sites, Huya and DouYu, three people familiar with the matter told Reuters.
Softbank will invest 500 million zlotys (US$130 million) in the Polish online shoe shop eobuwie ahead of its planned initial public offering (IPO), its majority shareholder retailer CCC said on Saturday.
SINGAPORE will adjust its corporate tax rate and related tax incentives schemes, in due time - but it will do so, in consultation with the industry, while protecting its sovereign rights on taxes and keeping the compliance burden on businesses down, said Minister for Finance Lawrence Wong.
SINGAPORE will adjust its corporate tax system in due time - but it will do so, in consultation with the industry, while protecting its sovereign rights on taxes and keeping the compliance burden on businesses down, said Minister for Finance Lawrence Wong.
