Author: raaqil

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Singapore Introduces a New Audit System to Certify Hotels and Tourist Attractions Are Clean and Safe to Visit

Singapore Introduces a New Audit System to Certify Hotels and Tourist Attractions Are Clean and Safe to Visit The Singapore government has recently launched an initiative called “SG Clean”. The aim of the initiative is to certify hotels and other tourist attractions nationwide if they meet the specified criteria. Hotels and other tourist attractions that[...]
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Transfer Pricing in Singapore

Transfer Pricing in Singapore Businesses around the world enter into contracts with group companies, wholly or partially owned subsidiaries. They tend to charge low prices to generate more profit or high prices to show a loss, ultimately affecting the bottom line. In order to prevent these practices, countries have adopted a set of rules known[...]
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Guide to Financial Statements Analysis for Every Small Business in Singapore

What is Financial Statements Analysis? Before you start analyzing financial statements, you must understand what the basic financial statements that companies usually prepare or report are. Financial statements provide information about your entity’s financial position, condition or standing, and its capability to pay off its obligations (i.e., balance sheet or statement of financial position). It[...]
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MAS Launches SGD125 Million Financial Package for FinTech Firms and Financial Institutions to Strengthen Long-Term Operational Capabilities

MAS Launches SGD125 Million Financial Package for FinTech Firms and Financial Institutions to Strengthen Long-Term Operational Capabilities The Monetary Authority of Singapore (MAS) has announced a financial package worth $88.3 million (SGD 125 million) to help the FinTech and financial services sectors to sustain as well as to drive growth amidst the current business climate involving Covid-19.[...]
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