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
A total of 32 companies have returned the government payout from the Job Support Scheme as of 9 May. The $35 million collected from the returns will be used for future JSS payouts. Some of these companies have also pledged to return future JSS payouts. The Job Support Scheme was announced as part of the … Continue reading S$35 million returned from Job Support Scheme Payout
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
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
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
The Employment Pass allows foreign professionals, managers and executives to work in Singapore. Get in touch with us to find out more.
The Global Investor Programme (GIP) accords Singapore Permanent Resident status (PR) to eligible global investors who intend to drive their businesses and investment growth from Singapore. You will need to have a substantial business track record and successful entrepreneurial background to qualify. Get in touch with us for more information.
Innovation is key if you want your business to stand out in today’s globalised market. The successful exploitation of new ideas is not only a way to bring new services and products to the market but also to improve profitability. The pro-enterprise panel, a platform under the Ministry of trade and industry has launched the … Continue reading Encouraging Innovation in business – The new idea scheme
A new UN treaty is set to be signed for the facilitation of enforcement of cross-border mediation agreements. Named after Singapore, the Singapore Convention on Mediation is a big representation of Singapore as a hub of dispute resolution. When it comes to commercial disputes, clients tend to prioritize quick solutions. There are a couple ways … Continue reading New UN treaty named after Singapore to be signed
Almost one in four job seekers surveyed in Asia would choose to work in Singapore, which makes Singapore much more popular than any other major market. RGF International Recruitment, an employment solutions provider, released a report which revealed that 24 percent of talent in the region prefer Singapore over locations such as China, Europe and … Continue reading Job Seekers in Asia target Singapore, but Singaporeans are not looking to work overseas