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Southeast Asia Faces U.S. Tariff Shocks: Singapore and Indonesia Respond
Southeast Asia Faces U.S. Tariff Shocks: Singapore and Indonesia RespondThe reintroduction of U.S. tariffs under President Donald Trump in 2025 has shaken key Southeast Asian economies, with Singapore and Indonesia taking different—but urgent—steps to manage the fallout. Singapore: Indirect...
2025 Outlook with ForBis: Essential Corporate Support for Your Business in Singapore
2025 Outlook with ForBis: Essential Corporate Support for Your Business in SingaporeAs Singapore enters the new year, businesses of all sizes face both exciting opportunities and new challenges. Whether you're a startup or an established company, the upcoming year is pivotal in ensuring...
Preparing for Pillar Two: Navigating Singapore’s New Global Tax Rules with Expert Support from ForBis
Preparing for Pillar Two: Navigating Singapore’s New Global Tax Rules with Expert Support from ForBisSingapore is moving forward with the implementation of Pillar Two top-up taxes, starting in financial years from January 1, 2025. This move aligns with global tax reforms led by the OECD and G20,...
Indonesia Cuts 2025 GDP Growth Forecast, Maintains Budget Gap Strategy
Indonesia Cuts 2025 GDP Growth Forecast, Maintains Budget Gap StrategyIndonesia's Finance Minister Sri Mulyani Indrawati announced in parliament on Monday that the country has revised its 2025 GDP growth forecast to 5.1% to 5.5%, down from the previous estimate of 5.3% to 5.6%. This new growth...
Singapore Implements Stricter Penalties for Corporate Service Providers Violating Anti-Money Laundering Regulations
Singapore Implements Stricter Penalties for Corporate Service Providers Violating Anti-Money Laundering RegulationsSingapore passed a new law on Tuesday, Jul 2, significantly increasing penalties for corporate service providers that breach anti-money laundering duties. The Accounting and Corporate...
Family Offices: ESG-Investing Awareness & Reporting
Family Offices: ESG-Investing Awareness & Reporting In recent years, the topic of Environmental, Social, and Governance (ESG) issues in Singapore have shifted to something that was once niche to a trend that can be seen across modern investment portfolios. The whooping number on the so-called...