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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 […]
Singapore is a leading business and financial hub in Asia today. Our economy is diverse, with a thriving internationalised services industry alongside an advanced manufacturing sector that excels in a number of key niches, including the production of electronics, petrochemicals, and biomedical products. New chances and challenges will both be present in the following decades. […]
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 […]
Recently, Singapore envisioned being the global crypto hub. Not long ago, the city-state secured its slot among the preferred Fintech destinations for foreign investors. It is due to its favourable taxation system and regulatory framework. This gives confidence in the industry while protecting the customers’ safety. The Monetary Authority of Singapore is the primary regulator […]
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 […]
Singapore is recognised as a key player in the growing economy of the Southeast Asian region. The country is also known as the second-most connected globally, thus increasing the number of investors attracted to it. Reasons for Singapore’s Strong Economy Singapore has a highly developed infrastructure, including transportation, telecommunications, and energy supply, contributing to its […]
