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SME business sentiment sinks to all-time low
12/10/2020
Covid-19 pandemic has induced uncertainty over prospects for global growth and economic activity, thereby bringing about a dampening of SME prospects. Local businesses need to actively look for suitable digitization solutions and think out of the box for new business opportunities. Feel free to contact us if you are needing consultancy at +65 66363691, +65… View Article
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Lifting of restrictions for business meetings
09/10/2020
A welcomed lifting of restrictions for business meetings at this stage of Phase 2. Physical AGMs of not more than 50 pax can now take place in the office, with safe distancing measures applied. Need the latest Corporate Secretarial Practices advisory? Contact us as your one-stop Solutions Provider at +65 66363691, +65 9326 2271 or… View Article
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DPM Heng’s Ministerial Statement
07/10/2020
Some measures announced by DPM Heng on Monday: Enhanced Training Support Package extended until June 2021, to provide course fee subsidies for firms in the hardest-hit sectors. Persons with disabilities will receive the higher tier of 50 per cent wage support under the Jobs Growth Incentive, which encourages firms to hire locals. For firms seeking… View Article
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Singapore core inflation stays negative
05/10/2020
Inflation remains negative in the wake of cautious and dampened demand in the pandemic environment. For financial analysis and affordable accounting and tax services, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Singapore core inflation stays negative but eases slightly in August
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FinCEN leaks: suspicious transactions in SG
02/10/2020
Source of funds and unusual funds quantum are reviewed by banks for suspicious transactions. For proper internal process consultancy, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! FinCEN leaks: DBS, CIMB and Deutsche among banks in S’pore that handled about $6 billion in suspicious transactions
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Jobs Growth Incentive Computation Basis
02/10/2020
JOBS GROWTH INCENTIVE COMPUTATION BASIS: Feel free to contact us if you are needing consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Jobs Growth Incentive (JGI)
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Former director of NTU subsidiaries on trial
01/10/2020
Business Owners: do you need internal controls consultancy? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Former director of NTU subsidiaries on trial for cheating the university in case involving S$231,000
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Rental Relief Framework
30/09/2020
RENTAL REBATE GUIDANCE FOR PROPERTY OWNERS Do you need help computing the drop in gross income in the applicable period? You can contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Rental Relief Framework
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Retrenchments in Singapore double in Q2
29/09/2020
Needing HR, Manpower and Payroll Consultancy? You can approach us for solutions at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Retrenchments in Singapore more than double to 8,130 in Q2: MOM
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Rental Relief Cash Grant
28/09/2020
RENTAL RELIEF CASH GRANT Qualifying property owners will receive support via a Government cash grant and they must in turn provide the necessary rental relief to their eligible SME and NPO tenant-occupiers of the prescribed properties under the Rental Relief Framework. Do you need help certifying your qualification for rental relief? You can contact us… View Article
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Construction sector demand plunges
28/09/2020
The ailing construction sector has been greatly hit by lagging demands, postponement of projects in the midst of pandemic labor shortage with the quarantine measures. For proper internal process consultancy, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Construction sector takes $10b hit as demand plunges
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Flexi-time or flexi-place arrangements
25/09/2020
Business owners, wondering how to manage HR of employees on flexi-time or flexi-place arrangements? Contact us for solutions at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Companies urged to put in place flexible working hours
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Jobs Growth Incentive (JGI)
24/09/2020
Details on JOBS GROWTH INCENTIVE is out. Feel free to contact us if you are needing consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Jobs Growth Incentive (JGI)
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New price transparency guidelines
23/09/2020
Business owners to note: A set of guidelines, which specify pricing practices that may break the law, will take effect on Nov 1 and apply to all physical and online suppliers, the Competition and Consumer Commission of Singapore (CCCS) said on Monday (Sept 7). For proper internal process consultancy, approach us at +65 66363691, +65… View Article
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Bleak unemployment outlook
18/09/2020
Bleak unemployment outlook in the next 6 months. Business owners, having HR headaches? Please feel free to approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Coronavirus: Thousands of jobs in Singapore may go in next 6 months, say experts
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Breach of fiduciary duties as directors
17/09/2020
Hin Leong directors accused by judicial managers of breach of fiduciary duties as directors and fraudulent trading. For proper internal process consultancy, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Hin Leong founder O.K. Lim and two children sued by bankrupt firm’s judicial managers for US$3.5 billion
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False Declaration of Salary for Work Pass
11/09/2020
Case: Company charged for false declaration of monthly salary for work pass applications. For proper payroll computations, contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Company fined $52,000 for inflating monthly salaries of foreign workers in work pass applications
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Increased salary criteria for foreign workers
11/09/2020
Calls for foreign worker minimum wage requirements to be further raised in ICT and professional services sectors. We can help you with your HR related issues! 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! Parliament: MP calls for… View Article
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GoBusiness Gov Assist
11/09/2020
Business Owners, need a one-stop access to all the Government’s assistance schemes and grants for this year? You can refer to the link below or contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com for a FREE consultancy on what you may be needing or looking for. GoBusiness Gov Assist
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Cash Flow Problems from Covid-19 Demand Hit
10/09/2020
Business Owners: facing cashflow issues? Approach us for advisory on cashflow management and government cashflow financing schemes in this tough pandemic recession. Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Finance professionals say Singapore firms face cash flow problems from Covid-19 demand hit: Survey
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