The Business Times
business-time-50

Intangible asset valuation guidelines will bring clarity, boost Singapore’s IP standing: analysts 

google-preferred-sourceAdd BT as a preferred source

Varun Karthik

Published Fri, Jun 30, 2023 · 05:00 AM
    • Intangible assets are becoming an increasingly important driver of business value, noted the Intellectual Property Office of Singapore.
    • Intangible assets are becoming an increasingly important driver of business value, noted the Intellectual Property Office of Singapore. PHOTO: PIXABAY

    NEW guidelines that Singapore is developing for the valuation of intangible assets (IAs) should bring clarity to what is currently a grey area, and boost the Republic’s status as an intellectual property (IP) hub, said industry players and analysts.

    Guan Dian, co-founder of patent analytics company PatSnap, said: “(The guidelines) will encourage more companies and investors to invest in Singapore’s IP ecosystem, creating more opportunities for collaboration and growth.”

    The Business Times reported on Sunday (Jun 25) that new IA valuation guidelines may be in the pipeline, based on tender documents on government portal Gebiz.

    intangible assetsIntellectual property

    TRENDING NOW

    SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

    SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

    National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

    15-month wait-out curb lifted for private property owners buying HDB resale flats

    National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

    ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

    Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

    A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More