Buisness in Singapore

Bank of Singapore is offering an alternative to single-family offices The Singapore Business Federation (SBF) has launched the world’s first generative AI (GenAI) platform, Trade AI Advisor (TAIA), dedicated to global trade advisory. It aims to help companies manage complex trade rules and U.S. tariffs.   Introduced on Sept. 9 at the “Navigating U.S. Tariffs:

Singapore launches economic strategy review to boost resilience and competitiveness Businesses in Singapore that depend on intellectual property (IP) protection will soon face higher costs but clearer boundaries due to revised patent rules taking effect on Sept. 1.   The Intellectual Property Office of Singapore (IPOS) will reduce the number of free claims in a

A new law allows police to freeze bank accounts of scam victims Singapore will shorten the process for closing dormant companies, making it faster and less costly.   Under changes to the Companies Act aimed at streamlining restructuring and preventing the misuse of shell companies, the government plans to allow the Accounting and Corporate Regulatory

OCBC Bank tightens rules for international clients Bank of Singapore is targeting Asia’s wealthiest clients with a new service that offers the advantages of a single-family office (SFO) without the associated costs.   Announced on Aug. 18, the Family Office Catalyst is designed for ultra-high-net-worth individuals with at least US$250 million in assets. Participants are

Singapore to expand SME centres support by 2027 Singapore has launched a nationwide Economic Strategy Review (ESR) aimed at strengthening competitiveness, boosting innovation, and helping businesses and workers navigate increasing global uncertainties to safeguard its economic future.   The review, announced on Aug. 4 by Deputy Prime Minister Gan Kim Yong, will run through mid-2026