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Six government agencies to refund GST wrongly charged on 18 regulatory fees
THE amount of GST wrongly charged to individuals and non-GST registered businesses is about S$1.5 million a year, with the “vast majority” of such charges being S$5 or less, said the Ministry of Finance (MOF) on Wednesday (Feb 14).
DBS obtains licence to underwrite non-financial corporate bonds in China
THE lender said it is the first South-east Asia headquartered bank to secure such a licence, which was awarded by China’s National Association of Financial Market Institutional Investors.
AT THE top of businesses’ wish list for Budget 2024 was government support to cope with high inflation, with 45 per cent of respondents wanting this.
THE group of its minority shareholders, who claim to own at least 10 per cent of the shares of the mainboard-listed company, also took issue with the nomination of non-management independent director Lim Yew Nghee as deputy chairman.
Amid funding crunch, smaller Indonesia startups face hard decision to sell or shut down
FACED with a funding crunch, smaller Indonesian startups are starting to reconsider their options, including selling their businesses to larger and more established tech companies – or in the worst case, the grim prospect of closing down entirely.