News

PM Lawrence Wong makes first official China visit, strengthening ties and attending the Summer Davos Forum on the 35th year of bilateral relations.

This new regulation ensures that while nominee identities are publicly accessible for accountability, the privacy of nominators remains safeguarded — maintaining trust and confidentiality in Singapore’s corporate environment.

Amid Singapore’s New Crypto Regulatory Framework, Timely Entity Setup and Compliance Planning Are Imperative

On May 28, the U.S. Court of International Trade announced a suspension of the Trump administration’s proposed “Liberation Day” tariffs. The decision triggered sharp movements in the financial markets, with the U.S. dollar surging, Asian stocks climbing, and both gold and Asian currencies falling. Although the U.S. government has filed an appeal, analysts believe the case could ultimately go to the Supreme Court—adding further uncertainty to U.S. trade policy.

As De-Dollarization Grows, Could the Singapore Dollar Become a Central Bank Favourite? With the global trend of de-dollarization gaining momentum, central banks are increasingly diversifying their reserves. Amid this shift, Singapore’s currency—the Singapore dollar (SGD)—is rising in prominence as a trusted and stable reserve option. Some economists even foresee a future where SGD reaches parity with the US dollar.

Strong growth in services exports outpaces goods trade; China rises to become Singapore’s third-largest services trade partner

Planning to register a company in Singapore in 2025? Start with the right SSIC code. This guide explains what SSIC is, why it matters, how to choose the right code, and includes a downloadable bilingual PDF reference list.

Singapore’s 2025 General Election has concluded with the PAP retaining power under newly appointed Prime Minister Lawrence Wong. Leading business chambers — SCCCI, ASME, and SICC — welcome the result, voicing support for continued political stability and pro-business policies to help businesses navigate global uncertainties and economic transitions.

Singapore’s next General Election will be held on: Saturday, 3 May 2025 This day has been designated as a public holiday — not only to fulfill our civic duty as voters, but also as an important occasion linked to employment rights and entitlements.