Blog

Huge GDP shrinkage in Qtr 2 for SG economy

29/07/2020

Huge GDP shrinkage in Qtr 2 for Singapore’s economy. Singapore enters recession with record 12.6% GDP fall in Q2

Responsible re-employment

29/07/2020

Article for MOM guidelines on re-employment of Mature workers who turn 62 years old, up to the age of 67. Responsible re-employment

ZenRock – “Questionable” Transactions

28/07/2020

Another financial investigation case which may threaten to send ripples through the local financial sector. ZenRock interim JMs flag doubtful trades, invoices, cash transactions

Government Paid & Extended Child Care Leave

28/07/2020

Under Extended Childcare Leave, Singapore Citizen employees can enjoy 2 DAYS of government-paid childcare leave if their youngest child is between 7 and 12 years old. Government-Paid Child Care Leave (GPCL) & Extended Child Care Leave (ECL)

Review of Credit for Businesses

27/07/2020

Credit for businesses may be gradually tightening by the financial institutions. MAS, banks to study how best to wean companies and individuals off Covid-19 relief measures: Ravi Menon

Room for Improvement in Quality of FS

27/07/2020

We can help you prepare proper financial statements in compliance to accounting standards! More local companies not getting clean audit opinions, says ACRA

Economic Recession Following Circuit Breaker

25/07/2020

Due to 2-month Circuit Breaker, Singapore Qtr 2 GDP shows serious economic recession. Singapore Slumps Into Recession With Record 41.2% GDP Plunge

Jobs Support Scheme (July Payouts)

24/07/2020

JSS for Jul payout to be paid from 29 JUL 2020. This will be a great help to businesses’ cashflow for the payment of workers’ salaries. 140k employers to get $4 billion in Jobs Support Scheme payouts from July 29

Providing False Due Diligence Reports

24/07/2020

Two ex-UOBKH staff were charged under the Securities and Futures Act. Two ex-UOBKH staff charged with lying to MAS over due diligence reports on a Catalist aspirant