Dear Valued Customers, Welcome to the September Newsletter 2022 Welcome to our September newsletter! It’s been a busy time across our offices around Singapore, Malaysia, and Hong Kong. We also have a major announcement coming from our Indonesia office which we are very excited to share. Singapore Ranks As the Top Shipping Hub for…
To Promote Local Currency Use in Bilateral Transactions, Indonesia and Singapore Will Explore Cross-border Qr Code Payment Connectivity The Monetary Authority of Singapore (MAS) announces that work on cross-border QR code payment linkage between Singapore and Indonesia will commence. The aim is to enhance payment connectivity between the two countries. The cross-border QR payment linkage…
New Work Pass to Launch in Singapore, Hoping to Attract Top Global Talent Applications will commence on 1 January 2023. To be eligible for this work pass, applicants will need to fulfill certain criteria. Among the criteria is a fixed monthly income of at least $30k or more. This criterion is comparable to what the…
Project We Care: Adopt-A-Family Befriending Sessions At 3E Accounting, we value in contributing back to the society as a business leader and believe that every small actions we enacted counts. Giving back does not only limit to making sizeable donations but also in every other way to support the less fortunate in our society, from…
Foreign Workers Return As Singapore Opens Borders Thanks to the foreign labour increase in 2022’s second quarter, employment in Singapore is on the rise. Foreign workers are able to return once more as the Government relaxes its border restrictions. There was a strong rebound in non-resident (and resident) employment between April and June this year. …
Changi Airport Singapore Leads the Asia Pacific’s Air Travel Recovery Air travel recovery in the Asia Pacific region is on the rise, led by Changi Airport Singapore. Recovery is only expected to pick up the pace within key markets. Changi Airport is leading the way where international traffic and city links are concerned. Both are…
Singapore Ranked Top Shipping Hub for the 9th Consecutive Year Singapore is the top shipping hub again for the ninth year in a row on the Baltic International Shipping Centre Development (ISCD) Index. The city-state comes in at the number one spot out of the 43 maritime locations assessed on the index. Among the factors…
Dissecting Inflation: What is It, and Why Does it Happen? Does it feel like you’re getting less bang for your buck as the years go on? One day you randomly find yourself thinking, “When did things get so expensive?”. That, my friends, is what we call inflation. It’s not a very happy thing to know…
What Is a Recession and Depression? When economic activity takes a dive that lasts for months or possibly years, that is called a recession. An economic depression is a situation that is more serious. Let’s explore this subject more. A Recession Explained When any country records negative figures in its Gross Domestic Product (GDP),…
Digital Economy Agreement Struck Between Singapore and the UK Both countries have come to an agreement in an effort to boost digital trade and data flow between them. A new agreement has been struck between Singapore and the UK. The agreement is the UK-Singapore Digital Economy Agreement (UKSDEA). The agreement was made to help boost…
Time for Singapore’s Travel Stocks to Soar After Border Reopens Borders are finally opening more than 2-years after Covid-19. As travelers return to the skies, Singapore travel and its travel stocks are ready for a boost. Aviation and travel stocks in Singapore are beginning to rebound from the low levels it was at during the…
Dear Valued Customers, Welcome to the June Newsletter 2022 Halfway through 2022 and we’ve made some remarkable progress in the first half of the year here in Singapore, Malaysia, Hong Kong, and Indonesia. 3E Accounting has been recognised as the Best Corporate Service Provider in Singapore by Singapore’s Finest 3E Accounting Singapore has collected…
