Blog

KS Energy faces possible winding-up

02/09/2020

Another case which may send ripples through SG financial markets. Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Indonesian tycoon Kris Wiluan’s KS Energy faces possible winding-up over unpaid loans

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Rules eased to help construction sector

01/09/2020

Good news for construction companies involved in lift maintenance and renovation works: Rules eased to help construction sector find its feet; 40,000 workers set to benefit

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Better Protection for Local PMEs

01/09/2020

Presently, government has tasked NTUC to look into labour issues and improve employability of local PMEs. Having HR issues? We can help you! Feel free to approach us if you need solutions for your HR situation. We can be contacted at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! NTUC to set up task force to… View Article

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Firms urged to save Singaporean core

31/08/2020

Businesses urged to only lay off workers as a last resort, and if retrenching, to do so at fair terms to workers in accordance to Employment Act and labour directives from MOM. Firms urged to save Singaporean core if forced to retrench

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Increase in Minimum Salary for EP and SP

31/08/2020

Business owners to note: From Sept 1, firms applying for new Employment Passes (EPs) for foreign professionals will need to pay them at least $4,500, up from $3,900 now. The qualifying salaries for older and more experienced candidates in their 40s will also be raised so that these remain around double the minimum salary for… View Article

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Wirecard Fraud Case

28/08/2020

One Singaporean has been charged for involvement in Wirecard fraud case. First Singaporean charged over Wirecard scandal

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Changes to Singapore Exchange Regulation

27/08/2020

PROPOSED changes by the Singapore Exchange Regulation (SGX RegCo) to speed up its enforcement actions to improve corporate governance and accountability. A resounding Yes! to faster SGX RegCo enforcement actions  

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Non-compliance of Income Tax & GST Laws

27/08/2020

We help you to report proper income tax and GST returns in compliance to SG tax laws. Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! 10 weeks’ jail, $4,000 fine and $262,000 penalties for woman who evaded GST and taxes

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SG United initiatives

26/08/2020

SG United initiatives help with employment situation in present COVID-19 economic recession. #SGUnited 24,000 placed under SGUnited package so far; MOM to give weekly updates on job situation

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Fiscal and monetary policy measures

25/08/2020

Fiscal and monetary policy measures to be announced by Finance Ministry over the next few weeks to help SG’s ailing economy as the country enters into deep recession. Planners closely watching fiscal, monetary policy as Singapore enters worst recession

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