Small businesses in Singapore are the most satisfied within ASEAN with the relief measures provided by their government to cushion the impact of COVID-19 according to a recent survey conducted by United Overseas Bank (UOB), Accenture and Dun & Bradstreet. Close to three in four (72 per cent) Singapore-based...
Singapore’s Budget 2021 was delivered by Deputy Prime Minister Heng Swee Keat on 16 February. Coming after a challenging year where COVID-19 has created major upheavals worldwide, the budget indicates a shift in government measures from “containment to restructuring, while continuing our support for Singaporeans, workers, and businesses.”
Stressing the...
Singapore and the United Kingdom (UK) have substantially concluded negotiations on the UK-Singapore Digital Economy Agreement (UKSDEA), according to MTI.
The UKSDEA will be Singapore’s third DEA, following the Digital Economy Partnership Agreement with Chile and New Zealand, and the Singapore-Australia DEA. The agreement includes binding disciplines on cornerstones of...
Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, The State of Ransomware in State and Local Government 2022, which found that 72% of state and local government organizations attacked by ransomware had their data encrypted—7% more than the cross-sector average.
In fact, only 20%...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS).
Whether you are going through the GST rate change for the first time as a newly GST-registered business or are looking for a refresher to transit smoothly ahead of the second GST rate change, the Inland Revenue Authority...
Intangible assets and Intellectual Property (IP) play an important role in Singapore’s economic and industry transformation plans set out by the Future Economy Council and Emerging Stronger Taskforce. Since the 2013 IP Hub Master Plan, Singapore has built an IP ecosystem that supports innovation activities, and is well-connected to...
