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February 21, 2025 – Brunei – Global Affairs Canada Today, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, concluded her visit to Singapore and Brunei after participating in the third annual Canada-in-Asia Conference (CIAC), which was held from February 19 to 21, 2025, and organized by the Asia Pacific Foundation of Canada and Universities Canada.  </ Source link

THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will be relaxed, said Chee Hong Tat, the Second Minister for Finance, on Friday (Feb 21). “I think the two are not mutually exclusive, and they can be achieved together,” said Chee, who was speaking at a media briefing to provide a full update on the first set of measures proposed by the Monetary Authority of Singapore’s (MAS) equities market review group to boost Singapore’s equity market. A second set of measures is expected to be announced by the end of this year, he added. The review group announced its first set of measures last week (Feb 13) to catalyse investor interest and boost the supply of quality listings, as well as streamline the regulatory process for initial public offerings. The announcement followed the review group’s consultations with stakeholders over the...

Bhopal (Madhya Pradesh) [India], February 21 (ANI): Madhya Pradesh’s capital Bhopal is all geared-up to host the ‘Invest MP Global Investor Summit’ (GIS) 2025 scheduled to be held here on February 24-25 and the preparations for the purpose are on the final stage. The capital city has been beautifully transformed into a vibrant hub of innovation and culture. Streets have been renovated, along with placing artisti Source link

BUDGET 2025’s investments for innovation and technology – particularly a S$3 billion top-up to the National Productivity Fund (NPF) – should improve Singapore’s attractiveness to multinational corporations (MNCs), industry watchers said. The NPF supports productivity improvements and training, though the government has not given details of its use. In 2023, its scope was expanded to cover grants to companies investing or carrying out economic activities in Singapore, noted PwC Singapore tax partner Tan Tay Lek. KPMG in Singapore partners Ajay Kumar Sanganeria and Harvey Koenig said: “This year’s substantial commitment underscores Singapore’s continued focus on supporting investment promotion and elevating business productivity through non-tax incentives, which are increasingly critical in the evolving global tax environment.” Deloitte Singapore international tax leader Liew Li Mei believes NPF funding could go to research partnerships, talent development, and enhancing productivity through technology. James Choo, partner, international tax and transactions services at EY, noted that...

Johannesburg [South Africa], February 21 (ANI): External Affairs Minister S Jaishankar on Thursday met with South African President Cyril Ramaphosa on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg. During the meeting, Jaishankar conveyed Prime Minister Narendra Modi’s warm greetings and reaffirmed India’s support for South Africa’s G20 priorities. Sharing a post on X, Jaishankar said, Source link

Justice Aidan Xu also dismisses her application to set aside the S$4.3 million in claims from SME Care that the private trustee has accepted as valid THE valid claims against high-society figure Jannie Chan have risen S$18.8 million, after the High Court on Wednesday (Feb 19) accepted a creditor’s previously rejected debts. Chan, the co-founder of mainboard-listed luxury timepieces retailer The Hour Glass, was declared bankrupt in 2019. The loan that she had guaranteed for JASC – one of the firms where she was the sole director and shareholder – was overdue. It landed her in bankruptcy when the licensed moneylender SME Care sought to have her honour the guarantee. Yit Chee Wah acts as the private trustee of her estate, and has the duty to examine the debts submitted by creditors, and to determine whether to admit or reject these claims. The trustee will distribute the bankrupt’s assets only...

SINGAPORE, Feb. 20 (Xinhua) — Singapore’s domestic wholesale sales fell 4.4 percent year-on-year in the fourth quarter of 2024, according to data released by the Singapore Department of Statistics on Thursday. Excluding petroleum, domestic wholesale sales declined by 0.7 percent. Most wholesale trade industries saw a drop in domestic sales, with the Industrial and Construction Machinery sector recording the ste Source link

CHANGES have recently been made to polling districts in 12 constituencies, signalling that the work of the Electoral Boundaries Review Committee (EBRC) is under way. This is the third time polling districts have been updated by the Elections Department since the 2020 general election. They were previously updated in June 2023 and June 2024. With the recent round of changes, nine constituencies – most of which have seen voter numbers go up – now have more polling districts. The other three did not have adjustments to the number of polling districts, but had redrawings between neighbouring districts. Polling districts are sub-divisions in a constituency with at least one polling station each. The changes are part of the process before the next general election, and were published in the government gazette on Feb 14. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia’s fast-growing economies....

(250219) — SHENZHEN, Feb. 19, 2025 (Xinhua) — Huang Youzheng of China hits a return during the men’s singles Group 4 match against Harimoto Tomokazu of Japan at the 34th ITTF-ATTU Asian Cup table tennis tournament in Shenzhen, south China’s Guangdong Province, Feb. 19, 2025. (Xinhua/Liang Xu) Source link