In a significant ruling, the Singapore High Court has sided with Changi Airport Group (Singapore) Pte Ltd in its case against the Comptroller of Income Tax, reaffirming the principles of asset classification for tax purposes. The decision, delivered on 8 January 2025, clarifies the distinction between “plant” and “building” under Singapore tax law, allowing for […]

In the second half of 2024, Singapore’s prime non-landed residential market experienced a significant downturn, according to Knight Frank’s latest report. Sales totalled S$573.7 million, marking a 27.1% decrease from the first half of the year. The annual sales value fell to S$1.4 billion, a 22.1% drop from 2023, setting a new record low since […]

Tata Communications has unveiled Kaleyra AI, an innovative artificial intelligence-powered platform designed to transform customer interactions across various communication channels. Announced on 12 December 2024, the platform allows businesses to customise large language models to enhance customer engagement, streamline operations, and ensure security. Kaleyra AI introduces three key capabilities: a GenAI Template Generator for crafting […]

Progeny has appointed Chris Guy as the new chief executive officer of its Singapore office, marking a significant step in its international expansion. This appointment coincides with Progeny’s new status as an International Professional Partner Firm (IPPF) with the Chartered Insurance Institute (CII), reflecting its commitment to maintaining high professional standards globally. Chris Guy brings […]

The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to explore innovative solutions for sea-based liquefied natural gas (LNG) reloading and the supply of e/bio-methane as marine fuel in the Port of Singapore. This initiative aims to enhance the existing onshore LNG bunkering infrastructure and address the growing demand […]

COSME Week TOKYO, Japan’s premier cosmetics trade show, is set to return to Tokyo Big Sight from 15-17 January 2025. Organised by RX Japan, the event will gather exhibitors and visitors from around the world, showcasing a wide array of products including revolutionary cosmetic brands, health foods, ingredients, and beauty equipment. This annual event is […]

CS Tech Solution Limited, a pioneer in carbon capture and utilisation technologies, has launched Hong Kong’s first carbon capture system. By integrating advanced pressure swing adsorption technology from the UK with its own equipment, CS Tech aims to efficiently transform industrial CO2 emissions into valuable resources, significantly reducing carbon emissions and fostering a circular economy. […]

AirAsia has been announced as the exclusive Official Airline of the ASEAN Football Federation (AFF) for four significant national team and club events, collectively branded as ASEAN United FC. This partnership, facilitated by sports marketing agency SPORTFIVE, underscores AirAsia’s commitment to enhancing the visibility of football across Southeast Asia. The airline, known for its budget-friendly […]

Levi’s has launched a fresh eyewear collection, merging stylish sunglass designs with optical frames that embody a timeless yet edgy aesthetic. Drawing inspiration from the iconic shades of denim in Levi’s seasonal collection, the eyewear features warm lens gradients, capturing the essence of the California lifestyle. The collection introduces sunglasses crafted from Bio-based Polyamide, a […]