Finance

The winning companies of the 2019 Sustainable Business Awards were announced on Tuesday (25 June) in the presence of Senior Minister of State for the Environment and Water Resources, Dr Amy Khor. More than 80 of Singapore’s largest companies and SMEs entered the awards, making it a record year for Singaporean companies. This year has also seen the highest number …

Between next month and Nov this year, 1.7mil Singaporeans will receive a total of S$1bil worth of Goods and Services Tax cash vouchers and Medisave top-ups, said the Ministry of Finance (MOF). In a statement on Wed (26 Jun), MOF announced that those eligible for the vouchers and top-ups will be notified by 5 Jul via text messages and/or letters. …

Malaysia should impose an e-commerce tax against online businesses, given how their growth presently exceeds that of businesses utilising ‘traditional’ models such as physical retail stores, said Malaysia’s Prime Minister Mahathir Mohamad. Speaking to reporters after the 34th Asean Summit gala dinner on Sat (22 Jun), Mahathir said that governments have been collecting “less tax” as many brick-and-mortar stores have …

Despite being the fastest growing e-commerce region with over 62% Compound Annual Growth Rate (CAGR) growth over the last 3 years, delivery continues to be a challenge in Southeast Asia, a new survey by Parcel Perform and iPrice Group reveals. The survey was conducted with 80,000 e-commerce consumers across Singapore, Malaysia, Vietnam, Thailand, and Indonesia by Parcel Perform, the leading …

For the most of us, securing a property is one of the biggest milestones that we would want to achieve in our lives. It gives us a sense of accomplishment to know that we have a roof over our heads – whether it means owning our own home or just renting one. However, it’s definitely easier said than done. In …

As the political storm unfolds between the government of Hong Kong and the city’s denizens – particularly members of civil society – over the former’s divisive extradition Bill, the mega-wealthy are moving their assets elsewhere, including to Singapore. Financial Times reported Thu (20 Jun) that according to an executive vice-president from the Singapore Stock Exchange (SGX), Hong Kong’s Securities and …

Today, millions of devices are reshaping how payments are made and accepted, and Singapore is at the forefront of this change. On 20 June, Visa, the world’s leader in digital payments, announced its ‘Future of Security Roadmap’ for Singapore, outlining a robust approach for strengthening payments security in the country over the next three years. The roadmap focuses on a …

DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship, has launched its 2019 cycle of the DBS Foundation Social Enterprise (SE) Grant. Applications submitted by 31 July 2019 will be evaluated in this cycle (August to September 2019), and successful applicants can expect to receive between SGD 50,000 and SGD 250,000 grants in November 2019. Social entrepreneurs …

by ValueChampion Want to make your home more comfortable and energy efficient? Consider these cost-effective projects. Home renovation projects present an exciting opportunity to modernise or even increase the value of your home. While changing the appearance of your place can feel good, it can also make your home more efficient and save you money. In fact, there are a number …

The debate between the five men vying to be the UK’s next Prime Minister emphasizes that the pound and UK assets can be expected to fall further, according to a press release by deVere, the world’s leading independent international financial consultancy. The comments from Nigel Green, founder and CEO of deVere Group, which has $12bn under advisement, comes following former …