Category Archive For "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 …
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Since the COVID-19 pandemic has ended, Malaysia’s Vaccinated Travel Framework (VTF) is no longer in effect.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 …
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 …
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 …
Everything you need to know about this year’s Chinese Zodiac Sign – Rabbit
If you live in Singapore, Hong Kong, or China, you must have seen images of Rabbits on various merchandise in different stores. And that is because this Lunar New Year, commonly known as Chinese New Year, begins on 22nd Jan 2023 and brings in the Year of the Rabbit. The holiday represents new beginnings and …
Singapore is ranked No.2 globally for best talent – here’s everything you need to know
According to the Global Talent Competitiveness Index (GTCI) 2022, Switzerland, Singapore, and Denmark are the most talent-competitive countries, with Switzerland and Singapore leading the chart at number one and two respectively. The 9th edition of the report covers 133 countries and 175 cities from 79 economies across the world among all income groups. Singapore is …
Pacific Prime announces 2022 scholarship winner
Pacific Prime Singapore is excited to announce the winner of our 2022 Scholarship Program. Falana Folorunso Julius, a nursing student at the University of Kyrenia in the Turkish Republic of Northern Cyprus, received the top prize this year – a USD $1,000 bursary to help him achieve his educational goal. He won the prize with …