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Essential Travel Arrangement between Singapore & China

Singapore and China have agreed to enable official and business travel between the two countries from this month. In a press statement, the Ministry of Foreign Affairs stated that this arrangement would be subject to Covid-19 preventive and control measures. Essential travel will be allowed between Shanghai, Tianjin, Chongqing, Guangdong, Jiangsu, Zhejiang and Singapore. The … Continue reading Essential Travel Arrangement between Singapore & China

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Covid-19: Singaporean businesses overseas facing a slump

The coronavirus pandemic is spreading globally and because of this, Singaporean owned businesses are facing a slump overseas. People are being advised to socially distance themselves and avoid gatherings, this is leading to a large dip in foot traffic for restaurants and other stores. Some other pop up stores have to be ready for most … Continue reading Covid-19: Singaporean businesses overseas facing a slump

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Relief for Singaporeans amidst Covid-19

The Singapore Government has consistently introduced new funds and grants for various groups of Singaporeans affected by the coronavirus pandemic. The temporary relief fund, the Covid-19 support grant and the courage fund are the main tiers of grants introduced. Whilst the above funds/grants assist individuals and households in these difficult times, other relief measures have … Continue reading Relief for Singaporeans amidst Covid-19

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ACRA’s upcoming initiatives

The Chartered Secretaries Institute of Singapore had organized update sessions for the Accounting and Corporate Regulatory Authority (ACRA) to announce new initiatives such as the amendment to the Companies Act to require the particulars of nominators of nominee shareholders to be disclosed and the implementation of a centralized register of controllers. Companies registered in Singapore … Continue reading ACRA’s upcoming initiatives

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Coronavirus Outbtreak: SGX allows extended deadline for AGMs

The Singapore Exchange (SGX) has announced that it will allow more companies to delay holding their AGM and financial results for two months. It was previously announced that this allowance was to be afforded only to companies which has China as its principal place of business or have significant operations there or if the company’s … Continue reading Coronavirus Outbtreak: SGX allows extended deadline for AGMs