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ACRA Chief Executive shares insights on the future accounting

ACRA Chief Executive Shares Insights on the Future of Accounting

November 15, 2024

25 Oct 2024 Ms. Magdalene Ang, Vice Chair of the ACCA Singapore Members Network Panel, and Mr. Pulkit Abrol, Director of Asia Pacific at ACCA, addressed a distinguished audience at the annual ACCA Singapore conference. The event, themed “Reinventing the Profession for a Changed World,” focused on the evolving landscape of the accounting profession. […]

Singapore Strengthens Fight Against Money Laundering

October 31, 2024

Singapore, 30 October 2024 – Singapore today unveiled its National Anti-Money Laundering (AML) Strategy to strengthen its fight against financial crime. This strategic approach targets emerging money laundering risks and criminal tactics, ensuring the ongoing effectiveness of Singapore’s AML framework. [1] To learn more, please visit this link. As a trusted global financial hub, Singapore […]

DBS and IRAS Simplify Tax Payments with eGIRO

October 18, 2024

DBS and IRAS Partner to Streamline GIRO Applications DBS has joined forces with the Inland Revenue Authority of Singapore (IRAS) to introduce eGIRO, a new online service that simplifies the GIRO application process for both individual and corporate taxpayers. By eliminating the need for manual paperwork, eGIRO significantly reduces processing time from weeks to minutes. […]

Singapore and Kenya signed a new Double Taxation Agreement

October 04, 2024

On 23 September, 2024, Singapore and Kenya signed a new Double Taxation Agreement (DTA) to replace the previous one from June 12, 2018. The new DTA aims to eliminate double taxation and prevent tax evasion and avoidance between the two countries.” The DTA was signed in New York by Singapore’s Foreign Minister Dr. Vivian Balakrishnan […]

IRAS Annual Report: Our Contributions to Singapore’s Success

September 20, 2024

Singapore’s robust economic growth was fueled by a total tax revenue of $80.3 billion. To support businesses and workers during this period, the government disbursed $2.3 billion in enterprise grants. Additionally, Singapore has been investing in digital tax solutions to streamline processes and enhance efficiency for businesses. The Inland Revenue Authority of Singapore (IRAS) […]

IVAS Partners with Global Experts on Intangible Asset Valuation

September 06, 2024

The IVAS-IVSC Business Valuation Conference 2024, themed ‘Intangible Impact,’ brought together over 1,000 participants from around the world. Held in Singapore on 28 August, the conference featured 21 expert speakers and panelists discussing the importance of intangible assets in today’s economy. The event was a joint initiative of the Institute of Valuers and Appraisers […]

Mas bank tech partners unite against quantum threats

MAS, Banks, and Tech Partners Unite Against Quantum Threats

August 23, 2024

Singapore, August 14, 2024 – Recognizing the growing threat of quantum computing to cybersecurity, Singapore’s MAS, DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral have joined forces to investigate the potential of Quantum Key Distribution (QKD) to safeguard critical financial transactions. The rapid development of quantum computing technology is posing potential threats to cryptography and encryption […]

Master Business Valuation at the IVAS-IVSC Conference (28 Aug)

August 09, 2024

Co-organized by the Institute of Valuers and Appraisers, Singapore (IVAS) and the International Valuation Standards Council (IVSC), the IVAS-IVSC Business Valuation Conference 2024 provides a forum for industry professionals to gain insights into the rapidly expanding sector. The conference brings together thought leaders, policymakers, senior business executives, legal experts, and fellow valuation professionals for networking […]

ACRA Chief Executive Outlines Path to Better Corporate Governance

July 26, 2024

In her opening address at the 9th CSIS Corporate Service Providers Conference on July 10, 2024, Mrs. Chia-Tern Huey Min, who recently assumed the role of Chief Executive at ACRA, likely focused on key areas of collaboration between ACRA and the CSP sector. The speech might have addressed ACRA initiatives relevant to corporate service providers, […]