Digital Technologies Play Key Role in Response to COVID-19 Technology and Digitalised Solutions Are the Way of the Future Singapore’s Ministry of Communications and Information has highlighted the key role of digital technologies in containment strategies for COVID-19. At the G-20 Digital Economy Ministers Meeting, the discussion focused on how COVID-19 had resulted in…
SafeEntry Check-in and Check-out System is Compulsory to Deploy in Singapore as Safety Measures Safely Recommencing Activities With the Help of Technology Any business or service that will be in operations from 12 May 2020 must be registered with the SafeEntry system to log in check-in and check-out of both visitors and employees. With…
Business and Certain Activities and Services to Resume Operations Gradually Singapore’s Multi-Ministry Taskforce will gradually ease the strict circuit breaker measures progressively. The easing will be done progressively in stages. Simultaneously, the Government is working on gradually resuming the community and economic activities in a safe manner. Digital Solutions like Safe Entry check-in and check-out…
More Guidelines on Conducting General Meetings – Staying Safe During COVID-19 Non-listed business entities can now refer to new guideline and checklist on conducting general meetings during the COVID-19 social distancing period. The guidelines were prepared by the Accounting and Corporate Regulatory Authority (ACRA), the Singapore Exchange Regulation (SGX RegCo) and Monetary Authority of Singapore…
Deadline Extensions for Annual Returns and AGM’s in Singapore – An Overview New Deadlines for Both Listed and Non-Listed Companies The Accounting and Corporate Regulatory Authority (ACRA) is extending the deadline for companies to file their annual returns and hold their annual general meetings (AGMs). The extensions have been granted to account for the…
Asian Development Bank (ADB) Expands Office to Singapore ADB Intends to Strengthen Collaboration and Support Private Sector Expansion The Asian Development Bank (ADB) office in Singapore was officially opened by ADB President and Singapore Deputy Prime Minister and Minister for Finance on 5 March 2020. This was the culmination of close to nine months of…
Singapore Ranked As World’s Freest Economy in 2020 Index of Economic Freedom According to the 2020 Index of Economic Freedom published by the Heritage Foundation, Singapore is now ranked as the world’s freest economy. The index defines economic freedom as “the fundamental right of every human to control his or her own labor and property”.…
Register for Registrable Controllers Must Be Submitted to ACRA by April 2020 New Rules for Company Register’s by April 2020 By April 2020, business in Singapore will be required to report the ownership of their business to the Register for Registrable Controllers. Currently, the Accounting and Corporate Regulatory Authority (ACRA) is yet to…
