SINGAPORE, Dec 15 (Reuters) – DBS Bank (DBSM.SI), opens new tab was appointed as the second renminbi (RMB) clearing bank in Singapore, one of 27 agreements signed during an annual bilateral meeting held in southwest China’s Chongqing on
In recent years, a clear trend has emerged: an increasing number of Chinese and Asian enterprises are turning their attention to Dubai. According to statistics from Dubai International Chamber, the number of newly registered companies
Date: June 27, 2025 Issued by: Ministry of Finance, State Taxation Administration, and Ministry of Commerce, P.R.C. Effective Period: January 1, 2025 – December 31, 2028 China has officially launched a new tax incentive policy aimed
Hong Kong is accelerating its path toward “New Industrialisation” and positioning itself as a global hub for innovation and technology. With a series of new policies targeting innovation, research, and advanced manufacturing, the city is offering unprecedented opportunities
I. Background On February 1 (local time), the U.S. government issued a rare statement naming Mexico, Canada, and China simultaneously, accusing the three countries of “inadequate supervision” in combating drug trafficking and transnational money laundering. The
1. Singapore’s Response in a Shifting Global Trade Landscape Amid growing global trade tensions and rising tariff barriers, Enterprise Singapore (EnterpriseSG) announced on October 7 the launch of a new Business Adaptation Grant (BizAdapt) — a timely initiative
Strategic Shift from “Tax Haven” to “Compliant Hub” Hong Kong has long been favored by international enterprises for its territorial taxation principle (only taxing profits derived from Hong Kong). However, amid the global wave
Are you working in Singapore and often feel that: The higher your income, the more tax you pay due to rising marginal tax rates? CPF (Central Provident Fund) seems stable, but as a foreigner you are not
China’s recent expansion of visa-free entry for travelers from 38 countries—including major European nations, Malaysia, and Thailand—has sparked a surge in business and leisure visits. In the first half of 2025, inbound tourism jumped 42% year-on-year, with Shanghai, Beijing,
Between China, Hong Kong, and Singapore Implementing a cross-border strategy across China, Hong Kong, and Singapore can be a powerful competitive advantage—but only when navigated with clear structure and insight. This refined article spotlights data