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Author: Calesta Oktaver

Debut for New Anti-Discrimination Laws 2024

The 2024 anti-discrimination legislation in Singapore marks a significant evolution in the nation’s socio-economic landscape, by emphasising workplace inclusivity and equity. Derived from 22 recommendations of the Tripartite Committee on Workplace Fairness, it represents a strategic response to contemporary societal norms and underscores the crucial

Toyota-Daihatsu Downfall How Compliance Really Matters

The Toyota-Daihatsu scandal, which emerged in late 2023, is a significant event that underscores the importance of corporate compliance beyond mere profitability. The scandal involved Daihatsu, a small-car unit of Toyota, halting vehicle shipments after an investigation revealed a long-standing issue with safety test falsifications.

Government Grants Supported in Singapore

Singapore continues to remain committed to economic progress by creating a supportive environment for small and medium-sized enterprises (SMEs). Singapore's government recognizes that young entrepreneurs seem in need of proper mentorship and financial support. One of the important factors attracting international entrepreneurs to Singapore is

New Changes coming to Anti-Money Laundering (AML) Law in Singapore in 2024

As part of Singapore’s ongoing efforts to combat money laundering and terrorist financing, a proposed AML law is being examined and discussed in detail. This law aims to enhance the country’s AML/CFT framework, bolster risk assessment measures, and strengthen penalties for non-compliance. The proposed legislation

Work Permits in Singapore: A Guide for Job Seekers

Singapore has been known for its attractive career opportunities. Its place at the top of ECA International’s Most Livable Cities serves as a testament to its prosperity. With lucrative prospects of higher income coupled with promising career prospects, Singapore attracts the best foreign professionals who

Key Compliance Requirements for Businesses in Singapore

Singapore has a reputation for being a well-regulated and transparent business destination, with laws and regulations in place to ensure fair competition, protect investors' interests, and uphold ethical business practices. By adhering to these requirements, companies can not only avoid costly legal repercussions, but also
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Common Tax Mistakes to Avoid in Singapore Tips for Compliance

Tax filing can be a daunting task, even in a tax-friendly country like Singapore. Each year, individuals are required to submit their income tax returns accurately and on time. However, due to the complexity of tax regulations, common mistakes often occur, leading to potential penalties

Decoding Corporate Ownership: Exploring Various Share Types

Within the realm of finance and investment, shares serve as fundamental units of ownership in a given company. They offer investors the chance to become involved in a business's success narrative while also sharing in its expansion and financial gains. Shares, commonly referred to as

Key Compliance Requirements for Businesses in Singapore

Singapore has a reputation for being a well-regulated and transparent business destination, with laws and regulations in place to ensure fair competition, protect investors' interests, and uphold ethical business practices. By adhering to these requirements, companies can not only avoid costly legal repercussions, but also

What is Climate Reporting and how can it benefit both SMEs and MNCs?

In recent times, there has been a notable surge in climate awareness. This prompts governments and organizations to act toward mitigating environmental challenges. One such step is climate reporting, which entails documenting a company’s emissions and other climate-related impacts and actions. This article sheds light
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