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Before beginning employment, every foreign national who plans to work in Singapore must have a valid pass, also known as a work visa. Learn about the work pass cancellation process, so you know when and how to cancel it and what legal obligations you have in the instance that your employees wish to leave their […]
More than a decade ago, green bonds paved the way for investments that could ultimately reach trillions of dollars in climate-related activities, including energy efficiency, renewable energy, and ecosystem protection and restoration. In 2021, Singapore joined the green bonanza by launching the Singapore Green Plan 2030. It is a movement to advance the national agenda […]
Although cryptocurrency has been around since its introduction of Bitcoin in 2008, it wasn’t until recently that it started to pick up momentum. Now, it is gaining traction globally. In Singapore, cryptocurrency, as a business venture, was only legalised in April 2022. The law extends cryptocurrency regulations to local companies that provide services in the […]
A subsidiary is essentially an extension of its parent company, but it’s treated as a separate entity. Another company sets it up to perform a specific function. One example is the marketing or manufacturing of their goods. This business structure is becoming a popular option in Singapore for several reasons. For one, opting for this […]
Singapore has always been considered a top tourist destination for its modern infrastructures, diverse culture, and unique attractions. However, because of the emergence of the pandemic in 2020, the tourism sector has experienced significant drawbacks. It was not until 2021 that the industry started its recovery process. 2021 Tourism Sector Performance Review During the first […]
There’s no doubt that the pandemic has affected how businesses are run for the past two years. Everything was modified from their day-to-day operations to their products and services to cater to the new normal. Now, as the new year begins to roll out, companies are expected to undergo further changes due to the ever-changing […]
