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ministry of finance (MOF)
Yamada’s external auditor files report to MOF for inconsistencies in financial records
SINGAPORE (Oct 2): Yamada Green Resources announced that its external auditor, BDO Singapore, has filed a confidential report to the Ministry of Finance (MOF) under Section 207(9A) of the Companies Act of Singapore.
October 02, 2017
1MDB Watch
1MDB or MoF to foot refund of RM741 mil deposit paid for Bandar Malaysia?
(May 4): Questions are now being raised over who will refund the RM741 million ($239 million) deposit paid by a consortium led by Iskandar Waterfront Holdings Sdn Bhd (IWH) to acquire a 60% equity interest in Bandar Malaysia Sdn Bhd after the deal was cal
May 04, 2017
Update
Govt relaxes SSD, TDSR rules for residential properties; introduces new stamp duty for property-holding entities
SINGAPORE (March 10): Even as Singapore’s property cooling measures look set to remain, the government on Friday announced a reduction of Seller’s Stamp Duties (SSD) and changes to the Total Debt Servicing Ratio (TDSR).
March 10, 2017
Singapore proposes changes to peel off layers shielding beneficial ownership
SINGAPORE (Dec 27): Singapore's Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (ACRA) have launched a public consultation exercise, inviting views on proposed changes that should lead to greater transparency of benefi
December 27, 2016
No fanfare as Singapore Pools kicks off multi-million-dollar online betting services
SINGAPORE (Nov 2): Singapore Pools has become the first operator to offer legalised online betting services in the city-state. But one week after its launch on Oct 25, it has still been quiet on all fronts.
November 02, 2016
‘Good progress’ on Indonesia tax amnesty, but expenditure still an issue: Nomura
SINGAPORE (Sept 19): Nomura is maintaining its 2016 fiscal deficit forecast for Indonesia at 2.9% of GDP despite noting “good progress” of the nation’s recent tax amnesty deal.
September 19, 2016