News

Sole proprietor charged with 54 counts of GST evasion involving nearly $500,000

SINGAPORE - A businessman was charged in court on Friday (June 23) with 54 counts of tax evasion involving a total of $458,019.69 in taxes undercharged.

Singapore's May manufacturing output grows at slower pace of 5%

Singapore's manufacturing output rose by 5 per cent in May from a year ago, easing from the 6.7 per cent increase in April, as the electronics segment grew at a slower pace.

BlackGold to raise up to S$8.2m from placing 66.7m shares at S$0.123

CATALIST-LISTED Indonesian coal miner BlackGold Natural Resources said it will place out up to 66.7 million shares at S$0.123 each to raise S$8.2 million.

SMEs' optimism up, but profit outlook still weak

SMALL and medium enterprises (SMEs) are slightly more optimistic about business prospects for the next six months, marking the second consecutive quarter that the outlook has improved.

Watchdog penalises firm for data breach

The Personal Data Protection Commission imposed a $3,000 financial penalty on DataPost, a business printing and mailing solutions provider, for a data breach that led to leaks of personal...

New rules mooted for travel agencies

SINGAPORE - To protect consumers from errant travel agencies, including those which close down abruptly, the Government is proposing a number of changes to regulations governing travel agents.

Shopper360 places 38m shares in IPO for SGX Catalist listing

MALAYSIA-BASED Shopper360 Limited on Wednesday placed 38 million shares at S$0.29 each for its initial public offering (IPO) for an eventual listing on the Catalist of the Singapore Exchange.

Public feedback wanted on proposed changes to regulation of travel agencies: MTI and STB

SINGAPORE - To protect consumers from errant travel agencies, include those which close down abruptly, the Government is proposing a number of changes to the Travel Agents Act and Regulations.

Director and his company fined $12,300 for unlicensed sale of shisha

SINGAPORE - A company director has been fined for selling shisha at two restaurants in Kampong Glam without licences, the Health Sciences Authority (HSA) said on Wednesday (June 21).

Gaming company Razer ventures into e-payments

RAZER - a Singaporean-founded gaming hardware company said to be valued at nearly US$2 billion - has acquired a minority stake in Malaysia's e-payments platform MOL Global, and appointed the...

 

Emerging Enterprise award

Closes June 1, 2019