Category: Finance

Singapore: ACRA extends Filing Time & Exempts Penalties until February 2, 2016

The Accounting and Corporate Regulatory Authority (ACRA) which is the national regulator of business entities and accountants in Singapore has extended the time to file Annual Returns, Annual Declarations, Business Registration Renewals, and any statutory filing to February 2, 2016. Companies will get…

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Safe Harbor: New Guidance Reaffirms Use of Alternative Tools for Lawful Data Transfer

European Commission's latest guidance on the Schrems (Safe Harbor) ruling reaffirms the use of alternative tools for lawful data transfers to countries outside Europe, including to the U.S. Here are some details on these “alternative tools.”   Standard Contractual Clauses (“SSCs”): The European…

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Going Sub-Zero at Your Local Bank

Economists used to say it was impossible for nominal interest rates to fall below zero. If that ever came to pass, they argued, depositors would end up paying banks to keep money in their savings accounts, borrowers would be receiving rather than paying…

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The Award Every Entrepreneur in Northern California Wants to Win

Enphase CEO Paul Nahi, nominated for EY Entrepreneur of the Year 2015 In Northern California, everybody from the food truck guy who sells you a burrito to the most learned Stanford professor calls himself or herself an entrepreneur, which…

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If You Think New York is Expensive, Life in These 21 Cities is Even Pricier

Singapore tops the list of the world's 10 most expensive cities. (Image Credit: Wikimedia Commons / CC by 2.0) If you think New York is an expensive place to live, then the Economist's 2015 Worldwide Cost of Living index…

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From Singapore to Eritrea, Here Are the Best and Worst Countries to Do Business In

Singapore tops World Bank ratings. Founding father and prime minister from 1965-1990, Lee Kuan Yew, who died last month aged 91, deserves credit for his role in Singapore's economic success. Every year, the World Bank evaluates countries on a…

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The Five Trillion Dollar Hole

Alaska leads the US with the greatest per-capita public pension debt. (Image Credit: Wikimedia / CC) U.S. government officials don’t hesitate to lecture foreign governments who are running up big debts about the need to live within their means.…

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Is the Gender Gap Turning Around?

Gender diversity in the tech sector has been all over the news recently, but a new study is threatening to turn some of the controversy on its head. Glassdoor is a social website popular in the technology industry that lets employees comment anonymously…

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The World Stock Markets that Captivated Us in 2014

Last year, it paid to be in stocks only if you were in the right world market. Stocks outperformed bonds in many world markets, but lost ground in others. In the U.S. the S&P 500 was up 11.8% on the year. But it…

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London’s Oxford Street: Shopping as an Art Form

Image Credit: Paul Hudson, Flickr/CC Black Friday—the day after Thanksgiving—is a major shopping phenomenon in the U.S., now spreading to the rest of the world. Yet malls in America are forecast to be quieter this holiday season than in…

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