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Singapore's low corporate tax rate under scrutiny in the West |
Singapore's tax laws are starting to come under scrutiny again. This time, the low corporate tax rate of 17 per cent is raising eyebrows in the West.
After the global financial crisis of 2008, cash-strapped developed economies began hunting wealthy people who were evading taxes by hiding their money in offshore bank accounts.
Now, these governments are turning their focus to multinational corporations.
Developed nations want to tighten rules on firms shifting revenues and profits to low-tax centres such as Singapore, Ireland and Bermuda even if they have no substantial operations there.
Source : http://www.straitstimes.com/breaking-news/money/story/singapores-low-corporate-tax-rate-under-scrutiny-the-west-20131128
Posted on : 2013-11-28
Mobile app gives Singapore shoppers a virtual winter wonderland |
Shopping malls are giving Christmas a new spin this year by using technology to draw the crowds.
This ranges from online games and new free apps that make shopping more convenient to an Augmented Reality (AR) Christmas display that allows shoppers to photograph themselves with virtual images of skating penguins, dancing snowmen and Santa Claus.
At Jem, a new app even lets shoppers track where their cars are parked and helps them find their way there.
But one new offering that seems to have captured the hearts of many shoppers, especially children, is Marina Square's AR winter wonderland display at its atrium.
Source : http://www.straitstimes.com/breaking-news/singapore/story/mobile-app-gives-singapore-shoppers-virtual-winter-wonderland-20131127
Posted on : 2013-11-27
Cheaper single rooms at Mount Elizabeth Novena Hospital |
Patients can now get a single room at Mount Elizabeth Novena Hospital for less than what they have to pay at some public hospitals, possibly for the first time in Singapore.
The $2 billion hospital owned by Parkway Pantai has converted one ward to A-class rooms that will cost a patient $373 per day. This is 40 per cent less than its other single rooms costing $618 per day.
Tan Tock Seng Hospital, which is just across the road, charges $420 for a single room.
Mount Elizabeth's chief executive officer Kelvin Loh said the move to convert the 32 rooms in the ward follows requests from both doctors and patients for a cheaper alternative.
Source : http://www.straitstimes.com/breaking-news/singapore/story/cheaper-single-rooms-mount-elizabeth-novena-hospital-20131125
Posted on : 2013-11-25
PSLE: Top 3 things to remember when choosing a secondary school |
1. There is no harm trying: Parents often worry that if their child cannot get into their first choice school - School A - they would have lessened the child's chances for the second choice school - School B - even if their child actually meets School B's cut-off point. There is no need to worry. The likelihood is that the children who put down School B as their first choice and meet the cut-off score, will not fill up all the places. If your child meets School B's cut-off, it's likely he will get a place even if its his second choice.
2. Let your child be the big fish: Research has shown that children may actually do better in a less competitive environment because they get a boost of confidence when they do well. A student's confidence depends not only on his own accomplishments, but also on the relative accomplishments of his classmates and schools mates. So choose a school that will let them be the big fish in a little pond.
3. Know your child: The top secondary school may not necessarily be the right school for your son or daughter. It is important to consider the sports and co-curricular activities that a school offers as they are crucial to the development of character and soft skills such as communication and teamwork in children
Posted on : 2013-11-22
Pop star Rain to perform at New Year concerts at Marina Bay Sands |
Fans can usher in the new year with Rain.
The South Korean pop star will be in Singapore for two concerts - his first in the country since completing two years of military service.
Tickets for the gigs at Marina Bay Sands on New Year's Eve and New Year's Day go on sale tomorrow (fri nov22).
Ticket prices range from $188 to $488 for the Dec 31 countdown show starting at 10pm.
Source : http://www.straitstimes.com/breaking-news/lifestyle/story/pop-star-rain-perform-new-year-concerts-marina-bay-sands-20131121
Posted on : 2013-11-21