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Jul 02, 2024

Notice: Singapore’s Banking System Tightens Regulations on Account Opening!

In August last year, a money laundering case involving SGD 3 billion rocked Singapore’s financial sector. The suspects, all Chinese nationals, severely impacted Singapore’s financial order. This incident prompted Singaporean banks to re-evaluate their account opening policies, resulting in stricter review processes and increased difficulty in opening accounts. These changes have affected global investors’ perceptions […]

Dec 10, 2024

Investment in Singapore: Which Sectors are on trend?

Singapore has long been renowned for its exceptional business environment and robust support policies for enterprises. As an international business and financial hub, the Singapore government reaffirmed its commitment to supporting local businesses with substantial investments in its fiscal budget announcement this year.

Aug 19, 2024

Epic Showdown Concludes the “BEYONDSOFT Cup” Corporate Basketball Invitational Tournament

The “BEYONDSOFT Cup” Corporate Basketball Tournament has wrapped up with an electrifying finale, showcasing some of the most intense and high-energy performances to date. Here’s a look back at the thrilling final matches that brought this exciting event to a close. Third-Place Playoff Teams: China Telecom vs. K STAR Final Score: 68 – 59 Winner: […]

Sep 05, 2024

Event Review | SIG Joins Forces with Dushu Lake Alliance to Chart a New Journey for Global Expansion

In this era of globalization, Chinese enterprises are entering a golden age of internationalization. To explore broader global opportunities, entrepreneurs from the Dushu Lake Alliance, representing the medical technology innovation sector, gathered in Suzhou for an exchange of ideas and insights. They discussed new approaches, directions, and models for the international expansion of China’s medical […]

Aug 23, 2024

Setting Sail Together to Explore the Southeast Asian Market – The “Go Global to Southeast Asia” Thematic Seminar Was Successfully Held

Driven by the wave of globalization, the pace of corporate internationalization is accelerating. The Southeast Asian market, with its large consumer groups, vibrant economic growth, and unique cultural charm, has become a popular choice for many Chinese enteprises to “go global.” On August 23rd, the “Market Expansion and Cultural Differences in Southeast Asia” thematic seminar, […]

Jul 02, 2024

Increase in EP Salary Threshold from January Next Year! Act Fast to Move to Singapore!

On March 4, 2024, the Singapore government announced significant adjustments to the Employment Pass (EP) policy. Effective from January next year, the EP salary threshold will rise from SGD 5,000 to SGD 5,600 per month. Notably, for the financial services sector, the threshold will increase to SGD 6,200 per month. This article aims to analyze […]

Sep 05, 2024

SIG and Standard Chartered Bank Successfully Host Singapore Expansion Forum in Shanghai

On April 12, 2024, SIG Tax & Accounting, in collaboration with Standard Chartered Bank, successfully hosted an exclusive forum at the W Hotel on the Bund in Shanghai, focused on business expansion into Singapore. The event brought together numerous entrepreneurs, investors, and business leaders eager to explore opportunities in Southeast Asia, with in-depth discussions about […]

Sep 05, 2024

Jiangsu Delegation Visits Singapore: SIG Tax & Accounting Invited to Participate

Recently, the Jiangsu delegation visited Singapore, engaging in a series of high-level meetings and economic cooperation exchanges. This visit not only brought new vitality to the economic partnership between China and Singapore but also laid a solid foundation for long-term collaboration. As an active participant in China-Singapore economic cooperation, SIG Tax & Accounting was honored […]

Sep 05, 2024

SIG Business Exchange: Empowering Chinese Entrepreneurs to Expand Globally

On December 14th, SIG Tax & Accounting welcomed a delegation of Chinese entrepreneurs and organized a series of seminars focused on Singapore’s business environment. SIG’s department heads, along with entrepreneurs from the Suzhou Chamber of Commerce, discussed the business opportunities and promising development prospects in Singapore. By sharing in-depth professional knowledge and practical experience, this […]