Micro News

During a 2015 conference hosted by the Minister of Finance, Shanmugaratnam Tarman claimed that the level of Singapores income at that time will cover the expenses planned for the next 10 years. 2 years later during the performance, the Singapore Prime Minister Lee Hsien Loong has also supported Tarman,…


Singapore: Uber trip up yet again

Several users of Uber in Singapore have reported being accused of taking "phantom trips" which they never made, with many of these trips allegedly taking place in different cities around the world. In reality when they did not occur at all however, for citizen Jenna Lim all these phantom trips have caused…


17,6 million people have visited Singapore this year. This year the number of visits to Singapore has increased by 6,1% and, according to forecasts, will grow further. The predicted number of visits to Singapore in 2020 will reach 21,3 million, in 2025 – 30,2 million. As believed by Wouter Geerts from…


Former House speaker for the Cyprus Committee has condemned a recent controversial arms trade deal between Russia and Turkey. He has spoken out putting pressure on officials in Cyprus to issue a political march to denounce Russia over the country’s plans to sell Turkey an anti-aircraft modal missile…


The OECD has recently carried out peer reviews which concentrate on the availability of beneficial ownership details. In total, ten jurisdictions were evaluated in relation to beneficial ownership information and compliance. The OECD rated Norway, Ireland and Mauritius as “Compliant” whereas Jamaica…


How easy is it to get a job in Singapore?

We have two open positions in our Singapore office – a Corporate Administrator and Administrative Assistant. Within 2 days, we received about 300 applications for those positions. Most applications came from Singaporeans or Singapore PR holders. It looks like people are hungry for employment. Another…


Recent analysis of data leaked from HSBC Switzerland and from Panama based lawyer firm Mossack Fonseca revealed the ultra-rich Scandinavians, with net worth assets of US$40m and above, were under-declaring their income by 30% on average. Scandinavian countries have the highest tax rates on companies…


PWC has conducted an extensive survey to evaluate the value which recipients place on internal audit reports and the weight given to them. The research has demonstrated a declining reliance on internal audit report by shareholders, management and investors. Only 44% respondents stated they viewed internal…



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