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Singapore

Singapore’s Joint Development Zones with Indonesia & Malaysia

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Singapore is Asia’s regional financial, services and, as the world’s largest port, shipping hub. Due to not having the land capacity, Singapore has partnered with both Indonesia and Malaysia to provide development zones for international businesses.


Hong Kong or Singapore for Holding Asian Investments?

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International businesses looking to trade beneficially with Asia would do well to domicile in Singapore, while Hong Kong would be preferable for those that wish to concentrate on China. Today, however, there is no shortage of companies that use both locations in their corporate structure.


China and Singapore Collaborate on Transport Issues

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Apr. 22 – Partly spurred by the importance of China-ASEAN trade, last week Singaporean Transport Minister Lui Tuck Yew met his China counterpart, Yang Chuantang, to discuss cooperation on transport and other issues of mutual interest. China’s trade with ASEAN, of which Singapore is the financial and services hub, topped US$400 billion last year. Minister Yang […]


Singapore & Myanmar Expand Business Ties

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Apr. 11 – Singapore-Myanmar economic ties were further bolstered this week thanks to the opening of International Enterprise (IE) Singapore’s Overseas Center in Yangon, Myanmar. The center opened during the Singapore-Myanmar Business Forum with support from the Singapore Business Federation (SBF) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). In […]


Hong Kong and Singapore’s Double Taxation Agreements

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Apr. 9 – While Hong Kong has been on a double taxation agreement (DTA) signing spree in the past few years, Singapore is the Asian queen of DTAs, boasting 69 comprehensive DTAs, roughly triple that of Hong Kong. In 2011 alone, Hong Kong’s DTAs with Austria, Ireland, Hungary, Liechtenstein, Japan, the Netherlands, New Zealand and […]


Using Singapore as a Base for Asia Expansion

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By Eunice Ku and Nathanael Susanto, Dezan Shira & Associates Mar. 12 – As a financial and services hub, Singapore is the de facto financial capital of the Association of Southeast Asian Nations (ASEAN). For companies interested in doing business with ASEAN, the place to start is Singapore. Companies in Singapore enjoy a low corporate […]


ASEAN-India Free Trade Area Part IV: Thailand, Singapore and Malaysia

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By Alex Tangkilisan Mar. 7 – In the fourth and final part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Thailand, Singapore and Malaysia. Thailand, Singapore and Malaysia account for three of ASEAN’s six major economies known as the ASEAN six majors (the other three being […]


Singapore’s 2013 Budget to Further Develop Business Sector

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Mar. 4 – The Minister for Finance delivered Singapore’s yearly budget to the Singapore Parliament last week. The main focus of the budget was to continue the process of restructuring Singapore’s economy by increasing the productivity of its workforce, reducing Singapore’s dependence on its foreign workforce and providing incentives to encourage local businesses to be […]


Philippines-Malaysia Stand Off Over Sabah Invasion

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Mar. 1 – The Malaysian state of Sabah has been in the headlines after a group of Philippine tribes, lead by the Sultan of Sulu, sailed from their home base in the remote Southern area of the Philippines to stake a claim on the Malaysian territory. The Sultan, now aged 74, has lead a group […]


2013 Singapore Budget To Provide Boost To SMEs

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Mar. 1 – The Singaporean Government recently released its 2013 budget in which it revealed new measures totaling SG$5.9 billion aimed at helping businesses, facilitating investment and spurring further growth. Corporate income tax was a targeted issue, with the Government announcing that it would provide a 30 percent tax rebate on tax assessments during 2013-2015. […]


 

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