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Tax incentives

ASEAN Business

Malaysia sweetens JS-SEZ package with fast-track manufacturing licence approval, multiple-entry visa 

Chee Hong Tat, Minister for National Development and deputy chairman of MAS, says that while Singapore's regulatory environment is a trusted one, “we will ease the process: make it less tedious, quicker and more efficient”.
Companies & Markets

MAS to simplify framework for single family office fund tax scheme

The multi-billion dollar Forest City development in Malaysia has faced challenges over the years in attracting both residents and businesses.
ASEAN Business

Malaysia offers zero tax for family offices in US$100 billion Forest City development

Observers say it is still too early to tell if Forest City could truly become a wealth hub; more clarity needs to be given for its tax incentives and legal frameworks first.
ASEAN Business

Forest City could become cheaper, secondary family office hub to complement Singapore 

Tax professionals can help companies in their sustainability journey
ESG

How tax professionals can play a role in a company’s sustainability journey

More incentives to spur innovation in the Singapore economy are expected
Economy & Policy
SINGAPORE BUDGET 2025

More moves expected to promote innovation in Budget 2025, say industry watchers

The number of single family offices (SFOs) in Singapore exceeded 2,000 in 2024, a 42.9 per cent jump from the 1,400 recorded in 2023.
Companies & Markets

Record growth of single family offices may be over but new entrants likely to be wealthier

See Wei Hwa, property tax and dispute resolution partner at KPMG in Singapore, noted that changes to Singapore's tax regime since 2022 have spanned “all major tax types”, including property tax; stamp duty; goods and services tax; personal income tax; casino taxes and carbon taxes.
Economy & Policy
SINGAPORE BUDGET 2025

Budget 2025 expected to bring tax rebates, no ‘significant’ tax hikes

"The Budget will seek to underline that it is pro-business and that the government is a reliable partner in helping businesses grow," says Prof Eugene Tan of SMU.
Singapore
SINGAPORE BUDGET 2025

Budget 2025 may give firms support for long-term goals, but not short-term costs

In 2024, the number of single family offices in Singapore rose 43 per cent on year to exceed 2,000.
Companies & Markets

DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene 

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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