Daily Debrief: What Happened Today

Published Fri, Oct 20, 2023 · 06:30 PM
    • Iras says understating or omitting income due to incomplete recording of revenue is a common tax filing mistake made by companies.
    • Iras says understating or omitting income due to incomplete recording of revenue is a common tax filing mistake made by companies. PHOTO: KUA CHEE SIONG, ST

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    THE Inland Revenue Authority of Singapore (Iras) has recovered S$79 million in taxes and penalties for the period between July 2020 and June 2023.


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    PRESIDENT Tharman Shanmugaratnam spent a total of S$738,717 to campaign during the presidential election – the most spent among the candidates.


    Service on DBS’ PayLah! app restored after 3 hours of patchy availability on Friday

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    THE digital payment app of DBS PayLah!, was on the blink for three hours on Friday (Oct 20) morning, but service was restored just before noon.


    The hidden link between rice and climate change

    SOFT, fluffy grains of rice mask a bitter reality: the staple crop is a major contributor to climate change.


    Manulife US Reit bags lease renewal with key tenant; talks ongoing with its banks about its loans

    THE largest tenant in 1100 Peachtree in mid-town Atlanta, a property under Manulife US Real Estate Investment Trust (Reit), has taken out a 65-month lease renewal.


    Singapore shares finish lower on Friday; STI down 0.7%

    SINGAPORE shares ended the week on a slump, tracking regional losses in Asia-Pacific markets on Friday (Oct 20).

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