Singapore’s S$109 billion 2022 Budget was announced on February 18, 2022. While the last two budgets were concerned with getting the country through the pandemic crisis, devoting over S$100 billion …
Singapore regulatory update: January 2022
Singapore has been rated as highly effective in its management of COVID-19, and the government continues to make tremendous efforts to cope with slowdowns in the country’s economic development by …
Singapore startup and business update: August 2021
Singapore was one of the few countries worldwide that managed to successfully control the spread of COVID-19 by imposing strict lockdown and social distancing rules. As a result, Singapore is …
Singapore startup and business update: June 2021
As of June 2021, Singapore’s economy has nearly recovered the output lost during the first six months of 2020, and economic growth in 2021 is predicted to be more than …
MOM toughens family visa rules for intra-corporate transferees
Under recent changes introduced by Singapore’s Ministry of Manpower (MOM), foreign employees of multinational corporations who are posted to the company’s Singapore branch as an intra-corporate transferee and hold an …
Minimum Salary for Employment Pass Holders Revised
Singapore’s Ministry of Manpower has just announced that it has raised the minimum salary that companies based in the country must pay to their foreign professionals and foreign mid-skilled workers …
China’s Security Law pushes Hong Kong firms to Singapore
On May 28, 2020, the National People’s Congress authorised the drafting and enacting of a national security law for Hong Kong. The law came into effect on 30 June, the …
Singapore announces changes to Employment Pass visa scheme
As part of Singapore’s review of the foreign workforce in the country and measures for the protection of local workers, the Ministry of Manpower has launched a number of changes …
Residents of Turmoil-ridden Hong Kong seek relief in Singapore
Over the past year, Hong Kong has been roiled by on-going violent protests. The turmoil and its underlying political and economic problems are affecting the business climate of the city. …
Welcome to the CorporateServices.com Blog
CorporateServices.com is designed to serve entrepreneurs who consider Singapore to be a very good global location for launching their venture. This blog will complement our core platform and will cover …