Category Archive For "News"
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Singapore Targets High Earners with the Latest Elite Work VISA
The government of Singapore is all set to start giving out the new Overseas Networks & Expertise (ONE) Pass from January 2023 with an aim to attract top talent from across the world and end the talent crunch. The new pass will allow workers with fixed monthly salaries of SGD $30,000 (USD $ 21,878.25) to …
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Singapore is The Third-Best Country to Build Multi-Generational Wealth
According to a global ranking of the best countries for families to relocate in hopes of seeking opportunities for future generations, Singapore emerged in third place behind Switzerland and the United States as first and second place, respectively. The ranking is based on numerous factors, such as education, career development, income potential, employment prospects, economic …
Budget 2024: A Wrap-up
Singapore’s Deputy Prime Minister Lawrence Wong announced all the financial measures taken by the government to help both Singaporeans and businesses in his Budget speech on February 16. From providing financial aid to seniors and families in need to attempting to level up employees’ skill sets to improve competitiveness and employability outcomes, this article has …
in News
Singapore Government Refunding SGD $7.5M in Wrongfully-Charged GST
On February 14th, the Singapore government reported that at least SGD $7.5 million in GST (goods and services tax) was wrongfully charged on fees for 18 government services and affected taxpayers will get a refund. Today, Pacific Prime CXA will go over the Singapore government’s tax refund on the affected taxpayers following the wrongful collection …
in Insurance, News, Uncategorized
Pacific Prime Partners with Doctor Anywhere to Revolutionize Employee Benefits
Pacific Prime is thrilled to announce our partnership with Doctor Anywhere, a pioneering telemedicine platform. As a leading insurance broker and employee benefits specialist, it is important for us to be at the forefront of transforming the current mode of benefit provision with our innovative solutions. This collaboration aims to bring cutting-edge healthcare services to …
Online Criminal Harms Act: Directions and Impact on Online Threats
Singapore is set to enforce the Online Criminal Harms Act (OCHA) starting from February 1. This act aims to address the evolving landscape of criminal activities online and includes special provisions to tackle scams and malicious cyber activities. The implementation of OCHA represents Singapore’s commitment to safeguarding its citizens from online threats and ensuring a …
Everything You Need to Know About Traveling from Singapore to Malaysia in 2023
Since the COVID-19 pandemic has ended, Malaysia’s Vaccinated Travel Framework (VTF) is no longer in effect. Instead, foreign visitors to the country will have to complete a Malaysia Digital Arrival Card (MDAC) within three days prior to their arrival each time they enter this beautiful country. Singapore and Malaysia see a huge number of tourists …
A complete guide to driving into Malaysia from Singapore
There has never been a busier time for the Singaporean and Malaysian border crossings as people travel back and forth, longing to be reunited with their families. Additionally, many Singaporeans have made the decision to purchase property in Malaysia, leading to frequent trips across the border. You may be tempted to make a road trip …
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Singapore Doubles Tax for Foreigners’ Home Purchases
On Thursday, April 27, Singapore increased taxes on private property purchases, doubling stamp duties for foreigners to an eye-watering 60% from the previous 30%. Authorities are closely monitoring the value of properties in Singapore, where real estate is a haven for wealthy foreign investors. This is to make sure housing remains affordable for locals and …
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Singapore launches new M-SEP scheme allowing firms to hire more S-pass and work permit holders
Singapore is one of the world’s most dynamic cities, with various industries and business opportunities attracting expats from all walks of life, as well as top-notch entertainment venues, restaurants, green spaces, schooling options, and more. With that said, the government has tried to cap the number of expats who can legally get an S-Pass or …
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