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ENTERPRISE SG WILL BE BOOSTING ITD SUPPORT OF SG SMEs

11/02/2025

ENTERPRISE SG WILL BE BOOSTING ITD SUPPORT OF SG SMEs Some measures which will be taken are:  Processing times for its Productivity Solutions Grant applications have gone from three months to just two weeks, and Enterprise SG plans to extend similar efficiencies to other grant programmes. From July 2025, a new digital platform that makes… View Article

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Weakening of SGD to be expected

05/02/2025

Weakening of SGD to be expected MAS eases Singdollar policy for first time since 2020 as it lowers key inflation forecast Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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MAS may loosen Singdollar policy on tougher 2025 growth outlook

06/01/2025

MAS may loosen Singdollar policy on tougher 2025 growth outlook Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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How an epic gamble exposed the rot inside O.K. Lim’s Hin Leong oil trading empire

27/11/2024

How an epic gamble exposed the rot inside O.K. Lim’s Hin Leong oil trading empire Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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As yields on T-bills and savings bonds fall, what low-risk alternatives should investors consider?

07/11/2024

Low interest rate environment – Debt or equity investments? As yields on T-bills and savings bonds fall, what low-risk alternatives should investors consider?   Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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Draft guidelines on workplace mental health could be simpler, more compassionate: Experts

06/11/2024

New guidelines on workplace mental health will be set to be launched by the first quarter of 2025. Draft guidelines on workplace mental health could be simpler, more compassionate: Experts Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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CLOSURE OF CPF SPECIAL ACCOUNT WEF JAN 2025

19/10/2024

CLOSURE OF CPF SPECIAL ACCOUNT WEF JAN 2025 The closure of the CPF Special Account (SA) for members aged 55 and above will take place from the second half of January 2025 onwards. CPF members’ SA savings will then be transferred to their Retirement Account (RA), up to the Full Retirement Sum (FRS) for their… View Article

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Aussie dollar rises to highest since Feb 2023

27/09/2024

Aussie dollar rises to highest since February 2023 Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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More of South-east Asia’s super rich turn to family offices to manage wealth

30/08/2024

In need of FAMILY OFFICE setup and back office support? Contact us for our full suite of solutions for you ! More of South-east Asia’s super rich turn to family offices to manage wealth Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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More parental leave for working parents

22/08/2024

National Day Rally 2024: More parental leave for working parents – What you will get and when Credit: CNA Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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National Day Rally 2024: Key Announcements

21/08/2024

Credit: CNA Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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Strengthen SG’s Corporate Regulatory&Anti-Money Laundering Regimes

02/08/2024

Strengthening SG’s Corporate Regulatory and Anti-Money Laundering Regimes On 2 July 2024, Parliament passed the following Bills: ACRA (Registry and Regulatory Enhancements) Bill Corporate Service Providers Bill Companies and Limited Liability Partnerships (Miscellaneous Amendments) Bill Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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New tripartite guidelines for flexible work arrangements

24/04/2024

With effect 1 Dec 2024, new tripartite guidelines for flexible work arrangements will be in force. The guidelines define three types of flexible work arrangements: “Flexi-place” arrangements where employees can work from locations outside the office. This includes telecommuting and working from home. • “Flexi-time” arrangements where employees can work at different timings with no… View Article

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S’pore — the choice as business hub in Asia

23/04/2024

Singapore — the choice as business hub in Asia How Singapore Became Asia’s go-to hub for start-ups   Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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Budget 2024–Changes to Personal Reliefs /CPF

10/04/2024

Budget 2024 – Changes to Personal Reliefs / CPF Enhancements to Workfare Income Supplement Scheme (WIS)           Qualifying income cap and payouts for the WIS will be raised from 2025 to ensure continued support for lower-wage workers. Increase in Income Threshold for Tax Relief           The income… View Article

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Budget 2024–Changes to Personal Reliefs /CPF

09/04/2024

Singapore Budget 2024 Changes to Personal Reliefs / CPF: Increase in Enhanced Retirement Sum (ERS) Starting from 2025, the ERS will be increased from 3 times the Basic Retirement Sum (BRS) to 4 times. This adjustment will enable CPF members to receive higher monthly payouts for life, providing greater financial security during retirement. Closure of… View Article

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Budget 2024 – SkillsFuture Credits

09/04/2024

The new SkillsFuture Level-Up Programme has been launched!!! This programme provides greater structural support for mid-career Singaporeans aged 40 years and above to pursue a substantive skills reboot and to stay relevant in a changing economy. From 1 May 2024, the SkillsFuture Credit (Mid-Career) top-up of $4,000, which does not expire, can further offset out-of-pocket… View Article

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Cybersecurity (Amendment) Bill

09/04/2024

Changes proposed to the Cybersecurity (Amendment) Bill: Essential services providers to meet higher cyber-security standards under proposed law amendment   Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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List of non-taxable govt services to be published after $7.5m in GST wrongly collected

05/04/2024

Govt to provide list of fees for which GST will not be charged, after $7.5m in GST was wrongly collected List of non-taxable govt services to be published after $7.5m in GST wrongly collected Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions

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Retirement Age Raised to 64 in 2026

07/03/2024

Employers who provide matured workers with part-time jobs after they reach retirement age can access Part-Time Re-employment Grant of up to $125,000, and thus grant can also be used to access career training for these workers. Senior Employment Credit scheme also offsets wages for workers aged 60 and above. S’pore retirement age to go up… View Article

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