Gst exemption singapore

Cases of monkeypox have been confirmed in Singapore and South Korea. Since the outbreak began in May, Singapore’s case is the first recorded in Southeast Asia. Singapore’s Ministry of Health confirmed that a 42 year old British flight attendant tested positive for monkeypox on June 20. He was in Singapore between June 15 and June 17, and again on June 19 as he flew in and out of Singapore. The man developed a headache on June 14 and a fever on June 16. The symptoms went away, but then he started to develop a rash on June 19 so he sought medical help, according to Singapore’s Ministry of Health. He is being treated at Singapore’s National Centre for Infectious Diseases and is reportedly in a stable condition. A total of 13 people who had close contact with the flight attendant will be placed under quarantine for 21 days, beginning the day they last had close contact with him. The southeast Asian nation’s last case of monkeypox was recorded 3 years ago. Authorities in South … [Read more...] about Monkeypox arrives in Singapore and South Korea

- A + A (June 25): Just days after saying Singapore is “brutal and unrelentingly hard” on bad behaviour in the crypto industry, Sopnendu Mohanty, the chief fintech officer of the city’s regulator, struck a cordial tone. Mohanty, in a LinkedIn post summarising his thoughts from the Point Zero Forum in Switzerland, commended the leadership of some of the biggest firms in the sector. “Leaders from the crypto/token space (Binance, Crypto.com, Ripple and others) are fully committed to building a secure and sustainable innovation solving real problems, and identifying real-economy opportunities,” said Mohanty of the Monetary Authority of Singapore (MAS). “It is heartening to see the clarity among chief executive officers (CEOs) on the need to create a responsible and compliant industry. The future is on the right path.” Mohanty’s praise comes as the digital currency market continues to spiral downwards following a broad-based sell-off in digital assets and the collapse … [Read more...] about Singapore regulator praises leaders of crypto firms like Binance

AS you’re aware, there is a serious manpower situation that Malaysia is facing. Some are saying Malaysia is at breaking point. It’s feared that our country is missing a golden opportunity to capitalise on high palm oil prices and will suffer production losses because of the acute shortage of workers. What has been done? According to the Malaysian Palm Oil Board (MPOB) report in 2015, up to 78% of the oil palm plantation workers are foreign workers, with most of them coming from Indonesia. Due to the Covid-19 pandemic, there was no new arrival of foreign workers beginning from March 2020, and Malaysia recently opened its international borders on April 1, 2022. Due to the shortage of workers in the oil palm plantation sector, expected revenue losses are around RM20bil. ALSO READ: More foreign labour soon This has led to the Malaysian Cabinet to agree to a special exemption for the intake of 32,000 foreign workers for the palm oil sector in April 2022. As mentioned much … [Read more...] about Resolving worker shortage woes

PETALING JAYA: You buy a bottle of your favourite fruit juice, slurp it down and then throw it into the nearest bin. The whole process may just take 10 minutes – but that glass bottle could be here for 1,000,000 more years. Glass is not being recycled, at least not in a major way. ALSO READ: No market for recycled glass bottles Most recyclers are business-driven and only focus on materials that give them the most returns, like plastic and paper. Environment and waste management specialist Dr Theng Lee Chong said the reason plastic is favoured over glass is because it can fetch a better price in terms of reselling and production cost. “Other factors that turn recyclers off from glass are that it takes up more space, weighs more and is harder to handle in terms of transportation and logistics. “Not all types of glass can be recycled. Bulbs, sheet glass, windshields and car accessories as well as windows cannot be recycled because some may contain hazardous material like … [Read more...] about No money to be made in recycling glass in this age of plastic

PhonePe CEO Sameer Nigam (Image credit: Photo tweeted by @_sameernigam) Payments and financial services company PhonePe has clear plans to list on the stock exchanges some day and when ready the company will launch an initial public offering (IPO) in India, founder and CEO Sameer Nigam said. Speaking in an episode of CNN News18 ’s Bits to Billions, Nigam said that the company is also in the process of moving its registered entity from Singapore to India. Missed Bits to Billions? Watch it here: PhonePe Is Made In India, Will List In India: How Sameer Nigam & Rahul Chari Built A Unique Unicorn "We are moving our holding company to India, and we will list here. Our board has already signed off on it, it's just a matter of time now," he said. "We are a made in India company. Every office, data centre, and employee of ours is here. There is no reason why we should not contribute to wealth creation in this market." Close PhonePe's move to bring back its … [Read more...] about PhonePe is made in India and will list in India, says CEO Sameer Nigam

DREAMGATEWAY Exterior design of SMC’s P740-billion New Manila International Airport in Bulakan, Bulacan, the single most expensive infrastructure project in Philippine history. —CONTRIBUTED PHOTOS Ramon S. Ang is never out of new ideas, especially when it comes to expanding the business and economic footprint of one of the country’s largest conglomerates, which he heads. When we sat down for an interview recently, however, the president and CEO of San Miguel Corp. (SMC) seemed more focused than usual on one particular project—one mega project which, by his own admission, will only start making money two decades after its completion. At a total projected cost of P740 billion ($13.5 billion)—to be financed solely by the company without a single centavo of funding from the government—the new Manila International Airport in Bulakan, Bulacan, is the most expensive infrastructure undertaking in the country’s history whether by a public or private entity. “This is a legacy project … [Read more...] about World-class ‘aerocity’ rising

SHANGHAI: China's central bank (pic) said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to participating central banks in times of market fluctuations. The People's Bank of China (PBOC) said the arrangement's first participants, in addition to the PBOC, would include the Central Bank of Malaysia (Bank Negara), Bank Indonesia, the Hong Kong Monetary Authority, the Monetary Authority of Singapore and the Central Bank of Chile. Each participant will contribute a minimum of 15 billion yuan ($2.2 billion) or the U.S. dollar equivalent, it said. The BIS said in a separate statement that the funds could be contributed either in yuan or U.S. dollars, and that they would be placed with the BIS, creating a reserve pool. ($1 = 6.6878 Chinese yuan renminbi) - Reuters … [Read more...] about China’s central bank renminbi liquidity arrangement includes Malaysia

Reports by IMRAN HILMY, FATIMAH ZAINAL and SHARON LING PETALING JAYA: Battered by a shortage of workers, desperate restaurant owners are turning to robot waiters or even offering Malaysians expensive iPhones if they stay in the job for six months. Some 1,500 restaurants around the country have been forced to pull their shutters down. Food and beverage business owners said that to cope with the severe labour crunch, it also had to reduce operating hours and cut menu items. To make things worse, F&B workers are being lured with better offers to work in other sectors, like the plantation industry. ALSO READ : Make hiring of foreign workers easier, govt urged The shortage was largely caused by the exodus of a large number of foreign workers at the start of the pandemic. They have not been able to come back as the government had banned the entry of new foreign workers. While the hiring of migrant workers was re-approved recently, the process is slow, said the … [Read more...] about Eateries in desperate bid to woo workers

Share to Twitter Share to Linkedin Bosideng, China’s top home-grown down jacket brand, said on Wednesday it overcame Covid and other global headwinds and reported gains in sales and profit for the 12 months ending March 31. Sales increased by 20% to 16.2 billion yuan, or $2.4 billion, helping to lift profit by 21% to approximately 2.06 billion yuan. Bosideng was upbeat about the outlook this year. “Currently, global consumption demand for apparel is recovering steadily,” it said. “Although we confronted numerous challenges from the epidemic and other various aspects in 2021, we still believe that from a long-term perspective, China’s economy will recover in an orderly manner in the post-epidemic era.” Bosideng is led by its colorful 70-year-old CEO Gao Dekang, who has a fortune worth $4.8 billion on the Forbes Real-Time Billionaires List. Itochu of Japan is an investor; rivals include Canada Goose. Bosideng’s Hong Kong-traded shares have fallen 16% in … [Read more...] about Canada Goose Rival Bosideng Reports Profit Gain, Sees Apparel Recovery

Share to Twitter Share to Linkedin The ongoing 2022 monkeypox outbreak has certainly been quite different from the more scattered cases of monkeypox that have occurred in previous years. And now a study published in Nature Medicine suggests that the genetic makeup of the virus causing the current outbreak may be quite different too. In fact, the team of researchers from Portugal who conducted the study indicated that the monkeypox virus seems to have undergone “accelerated evolution.” Now, the words “accelerated evolution” may be OK when you dealing with a haircut, a cake, your opinion of your high school crush, or yoga pants. But such words can be fairly concerning when associated with a virus that’s already proven that it can kill. For the study, the researchers compared a sample of 15 DNA sequences from 2022 monkeypox viruses with those isolated in the years 2018 to 2019 from cases diagnosed in the United Kingdom, Israel and Singapore after travel from … [Read more...] about Study: Monkeypox Virus Has Had ‘Accelerated Evolution,’ Around 50 Mutations In DNA