Friday, 24 November 2017
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Retail Therapy at a Click? You'll likely have to pay GST soon

Yasmine Yahya predicts that goods and services tax (GST) could soon be levied on e-commerce purchases, as the government looks to diversify its tax base and capture value from this fast-growing sector.

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Foreign Worker fined $30,000 for conducting Unlicensed Employment Agency Activities

On 21 November 2017, a 36-year-old Bangladeshi foreign worker Roy Tapon Kumar (“Roy”) was convicted and fined $30,000 in default six months’ imprisonment for conducting employment agency (“EA”) activities without a valid EA licence. He pleaded guilty to one charge under Section 6(2) of the Employment Agencies Act (EAA) ...
Date: 22 November 2017; Type: Legal News; Source: Ministry of Manpower

SBH Case: Mary Chia's Costs add up to S$700,000

The appeal filed by Mary Chia Beauty & Slimming Specialist Pte Ltd to set aside the final award in favour of Slim Beauty House Co Ltd (SBH) in a dispute arising from the joint venture was dismissed by the court.  
Date: 23 November 2017; Type: Legal News; Source: Singapore Law Watch

Myanmar Duo guilty of Bid to abduct Man 'in Illicit Affair'

The Court adjourned an abduction case for mitigation after finding two men guilty.
Date: 23 November 2017; Type: Legal News; Source: Singapore Law Watch

High Court lays out Sentencing Benchmarks for Molesters of Children below 14

The Court gives a heftier jail term on a convicted molester.
Date: 22 November 2017; Type: Legal News; Source: Singapore Law Watch

MAS seeks Power to make Competing Banks open e-Payment Rails

The Monetary Authority of Singapore wants more power to ensure the interoperability for payment systems.
Date: 22 November 2017; Type: Legal News; Source: Singapore Law Watch

Fraudulent GST Claims put Company Director in Jail

Nov 16 - Chen Juncun (“Chen”), a director of advertising firm Citrus Lab Pte Ltd (“CL”) and commercial printing firm Citrus Productions Pte Ltd (“CP”), has been convicted of evading Goods and Services Tax (GST) by overstating input tax and making fictitious declarations to enable the companies to claim GST refund ...
Date: 16 November 2017; Type: Legal News; Source: Inland Revenue Authority of Singapore

Man fined for operating a Pet Shop without a Licence

Nov 15 - 47-year-old Tan Lai Hock was fined $2,750 in court today for operating a pet shop without a licence.
Date: 15 November 2017; Type: Legal News; Source: Agri-Food & Veterinary Authority

25% payout for Small Firms owed for T4 Works

The High Court has approved a payout scheme for contractor Acesian Star's 75 creditors.
Date: 21 November 2017; Type: Legal News; Source: Singapore Law Watch

Burglar-Rapist gets 21 Years' Jail, 18 Strokes

A man was sentenced by the High Court to 21 years' jail and 18 strokes of the cane after he pleaded guilty to one count of aggravated rape, housebreaking and more than five unrelated charges.
Date: 21 November 2017; Type: Legal News; Source: Singapore Law Watch

Police to push for Forfeiture of Cars used in Illegal Races

The traffic police to push for forfeitures of vehicles used in illegal races as a warning to errant motorists who wilfully disregard the safety of other road users.  
Date: 18 November 2017; Type: Legal News; Source: Singapore Law Watch

Singapore to raise Taxes as Government Spending increases

  Singapore will be raising its taxes as government spending on investments and social services grows, said Prime Minister Lee Hsien Loong.
Date: 20 November 2017; Type: Legal News; Source: Singapore Law Watch

First Six charged under Organised Crime Act

Six persons accused of engaging with illegal gaming activities were the first people to be charged under the new Organised Crime Act.
Date: 17 November 2017; Type: Legal News; Source: Singapore Law Watch

MinLaw asks Singapore Legal Practice to clarify Links with UK Barristers’ Chambers

The Law Ministry has instructed the Essex Court Chambers Duxton to clarify the existing “misimpressions”.
Date: 17 November 2017; Type: Legal News; Source: Singapore Law Watch

Australian Crash Victim settles Claim for $1.07M

An Australian, who suffered serious head injuries in a traffic accident in Orchard Road settled the claim for damages for for $1.07 million, significantly lower than his initial claim for $6.7 million.
Date: 17 November 2017; Type: Legal News; Source: Singapore Law Watch

Singapore prohibits all Commercial Trades with North Korea

SINGAPORE, Nov 16 (Bernama) - Singapore has prohibited all commercially traded goods, including exchanged for money or barter traded from North Korea, whether they are imported, exported, transshipped or brought in trans ...

Housewife staves off Bankruptcy over Husband's $16m Debt HG Metal Manufacturing Ltd v Gayathri Steels Pte Ltd and Others Talks on FTA between Asean and 6 Partners at Critical Stage Now more

SBH Case: Mary Chia's Costs add up to S$700,000

The appeal filed by Mary Chia Beauty & Slimming Specialist Pte Ltd to set aside the final award in favour of Slim Beauty House Co Ltd (SBH) in a dispute arising from the joint venture was dismissed by the c ...

Australian Crash Victim settles Claim for $1.07M Ebony Ritz Sdn Bhd v Sumatec Resources Bhd S'pore urged to take Lead in Ethics Code for Arbitration more

Foreign Worker fined $30,000 for conducting Unlicensed Employment Agency Activities

On 21 November 2017, a 36-year-old Bangladeshi foreign worker Roy Tapon Kumar (“Roy”) was convicted and fined $30,000 in default six months’ imprisonment for conducting employment agency (“EA&rdqu ...

25% payout for Small Firms owed for T4 Works Financial Controller convicted for failing to pay more than $67,000 in Salaries MOM Letter serves as Evidence of Worker's Pay more

Time to end Overuse of the NRIC

This article by Irene Tham says it's high time to put an end to the overuse of National Registration Identity Card, to safeguard the privacy of each person's NRIC and its data.

Concerns raised at Dialogue on Proposed Cyber Security Law Watchdog seeks Stricter Protection of NRIC Data New Law on Data Sharing within Government more

Retail Therapy at a Click? You'll likely have to pay GST soon

Yasmine Yahya predicts that goods and services tax (GST) could soon be levied on e-commerce purchases, as the government looks to diversify its tax base and capture value from this fast-growing sector.

Fraudulent GST Claims put Company Director in Jail Singapore to raise Taxes as Government Spending increases Income Tax (Exemption and Concessionary Tax Rate for Income from General Business) Regulations 2017 more

Industry Updates

Sussing out Weak Links in Cyber Defence

Cyber Security Agency Chief says that the new bill doesn't give agency broad powers to oversee every computer in Singapore, but are only linked to cyber security events.

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New ASEAN e-Commerce Framework to benefit More Local MSMEs

KUALA LUMPUR, Nov 21 (Bernama) - The new ASEAN framework on e-commerce, currently being implemented by the ASEAN Coordinating Committee on E-commerce, is expected to open up more opportunities for micro and small and medium enterprises (MSMEs) and facilitate their business expansion in the region.

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Singapore's Fintech Dive now delves for Proof beyond Concept

The partnership between Singapore and Hong Kong to build a blockchain-powered trade network may set the standard for other jurisdictions to follow in financial technology.

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Industry Updates

Far-reaching Bill for Cyber Security 'Not uncommon'

The far-reaching Bill to beef up cyber security is justifiable in the light of the potential damage from state-sponsored cyber espionage, says experts.  

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Industry Updates

Supply of Lift Spare Parts for Maintenance of Lifts in HDB Estates: CCS consults on Proposed Voluntary Commitments by Suppliers

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 15 to 28 November 2017 and invites interested parties to provide feedback on two proposed commitments separately provided by (i) BNF Engineering (S) Pte Ltd (“BNF”) in relation to the supply of spare parts for BNF brand of lifts, and (ii) C&W Services Operations Pte Ltd (“CWO”) in relation to the supply of spare parts for Ulift brand of lifts.

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Industry Updates

Monetary Authority of Singapore and the Polish Financial Supervision Authority expands Co-operation in FinTech

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Polish Financial Supervision Authority (KNF) signed a FinTech Co-operation Agreement which lays out a framework for co-operation and referrals between the two regulators.

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Industry Updates

Singapore and Hong Kong launch a Joint Project on Cross-Border Trade and Trade Finance Platform

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally.

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Industry Updates

ASEAN pushes enabling Environment for Inclusive Business

MANILA, Nov 16 (PNA) - The Association of Southeast Asian Nations (ASEAN) member-states will work towards providing an enabling environment for inclusive business imperative for the region’s economic community-building efforts.

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Official Secrets Act covers more than Just Secret Information: Experts

The experts say that the public servants and journalists must be mindful of the “very wide” and “sweeping” ambit cast by the Official Secrets Act.  

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ASEAN, Partners to fast-track RCEP Conclusion in 2018

MANILA, Nov 15 (PNA) - Leaders from the countries participating at the Regional Comprehensive Economic Partnership (RCEP) on Tuesday have instructed its ministers and negotiators to intensify efforts in 2018 to bring the RCEP negotiations to conclusion.

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Industry Updates

ASEAN FTAs gain Ground in 2017, DTI says

MANILA, Nov 14 (PNA) - The year 2017 witnessed ASEAN efforts to beef up its free trade agreements (FTAs) with its international stakeholders gaining ground.

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Industry Updates

ASEAN Leaders and CEOs push for Inclusive Business

MANILA, Nov 14 - The ASEAN Business Advisory Council (ASEAN BAC), composed of three CEOs/Presidents of private companies per ASEAN Member State, met with ASEAN Leaders led by President Rodrigo Roa Duterte on 13 November 2017 at the Philippine International Convention Center. Mr. Jose Ma. A. Concepcion III from the Philippines, the 2017 Chair of ASEAN-BAC and Presidential Adviser for Entrepreneurship, led the private sector.

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