Singapore joins tax framework led by OECD and G20

16 Jun 2016 - Channel NewsAsia
SINGAPORE: Locally headquartered multinationals will soon have to file reports broken down by country as well as income and taxes to the Inland Revenue Authority of Singapore (IRAS). In a statement on Thursday (Jun 16), the Ministry of Finance announced that Singapore is joining the tax framework led ...

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Singapore: Fraser & Neave buys vending machine firm Warburg in $21m deal

16 Jun 2016 - DealStreetAsia
Fraser & Neave (F&N), a food and beverage (F&B) and property conglomerate, is planning to acquire vending machine provider Warburg and its related firms for S$29 million ($21 million). F&N, a subsidiary of ThaiBev, will acquire the entire issued share capital of Warburg Vending, Warburg Engineering and ...
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Why This Stock’s Mouth-Watering 9.1% Dividend Yield Is Full Of Risks

16 Jun 2016 - The Motley Fool Singapore
The aptly-named construction company Soilbuild Construction Group Ltd (SGX: S7P) is one stock with a mouth-watering dividend yield at the moment. With its current share price of S$0.22 and 2015 dividend of S$0.02 per share, Soilbuild has a yield of 9.1%. This is more than double the 3.6% yield of the ...
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New agriculture land to be offered longer, 20-year lease: AVA

16 Jun 2016 - Channel NewsAsia
SINGAPORE: The Agri-Food and Veterinary Authority of Singapore (AVA) will be offering new agriculture land on 20-year leases instead of the previously announced 10-year blocks, it announced on Thursday (Jun 16). In a news release, AVA said the policy change is a result of engagement and consultation ...

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Bank of Singapore mulling China onshore presence

16 Jun 2016 - Singapore Business Review
A JV with a local partner is likely. OCBC's private banking unit exploring the feasibility of launching an onshore presence in China either with a domestic partner or on its own, said Bahren Shaari, Bank of Singapore's CEO. Speaking at the Reuters Global Wealth Management Summit, Shaari said that the ...

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Investors Take Note: These Are 2 Companies With Strong Profit And Dividend Growth Over The Last 5 Years

16 Jun 2016 - The Motley Fool Singapore
There’s a saying that goes, “You can’t have your cake and eat it too.” But in investing, it is possible to get the best of both worlds. The ‘worlds’ I’m talking about are fast-growing profits and rising dividends. You see, there are companies in Singapore’s stock market that have managed to churn out ...
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Temasek Polytechnic sets up new centre to increase quality of health products

16 Jun 2016 - Channel NewsAsia
SINGAPORE: A new centre dedicated to increasing the quality, safety and efficacy of complementary health products has been set up, announced Temasek Polytechnic (TP) on Thursday (Jun 16). These complementary health products include health supplements, traditional medicines and functional foods. Located ...

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Genting targets high-rolling Chinese gamblers with massive Jeju project

16 Jun 2016 - Singapore Business Review
The resort can rake in $145 million in profits per year. Genting is eyeing deep-pocketed Chinese gamblers and property buyers with its newest integrated development Resorts World Jeju. According to a report by CIMB, the resort could add $145m per annum to Genting's bottomline. RWJ will be the first integrated ...
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MAS, Australian regulator ink deal to help fintechs go global

16 Jun 2016 - Singapore Business Review
It will slash regulatory uncertainty, time to market. Expanding to the land down under has just been made easier for Singapore fintechs, as the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) have inked a deal to assist innovative businesses in Singapore ...

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Will There Be A New Beginning For Frasers Centrepoint Ltd?

16 Jun 2016 - The Motley Fool Singapore
It appears that Frasers Centrepoint Ltd (SGX: TQ5) has found some success in repositioning itself within the property industry. The company started out with a business that dealt predominantly with property development. But it has been actively diversifying its revenue base to include more recurring ...
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