5 Ways to Develop Effective CSR Programmes That Makes Sense for The Business

Gone are the days where companies acted solely for its own benefit. Instead, companies are increasingly called upon to play their role as a responsible corporate citizen, one that plays their part for the community and environment. When CSR is done right, companies are rewarded and when it’s done wrong, companies find themselves with bad […]

Main Motives for Merger & Acquisition (M&A) in Singapore

Merger and acquisition (M&A) is the consolidation of two companies for reasons such as diversification, acquiring talent, spurring business growth, and so on. Mergers happen when two companies join to become one, with one company absorbing the other and the other ceasing to exist. Acquisitions, on the other hand, are when one company buys most, […]

Embracing The Spac-Tacular Trend

What are Special Purpose Acquisition Companies (SPACs)? A special purpose acquisition company (SPAC) is a corporation formed for the sole purpose of raising investment capital through an initial public offering (IPO). Commonly known as “blank-check company”, a SPAC has no prior operating history, operating or revenue generating business or asset at the point of IPO. […]

Snapshot of M&A in Asia Pacific

Since the emergence of Covid-19 pandemic last February 2020, livelihood and businesses across the globe have been badly affected due to massive lockdowns, border closures and supply chain disruptions.  After more than a year, economies are gradually adapting to the new normal as vaccines are made available in most countries to curb the spread of […]

Guide to HR Outsourcing for Businesses in Singapore

Over the years, human resource (HR) outsourcing has changed for organisations in Singapore and around the world – instead of randomly handing out any type of HR services to an external organisation for the primary reason of saving costs, companies are now recognising the value of outsourcing services according to their unique needs. As such, […]

Essential Requirements for Auditing in Singapore

An audit is the examination of records held by an individual, business, organisation or government entity by a third party, to ensure that records are true and accurate. In Singapore, all companies must have their financial statements audited on a regular basis (unless exempted) to check for discrepancies or misstatements and ensure that all company […]

Why Outsource HR for Your Business?

Human resource (HR) plays a pivotal role in bridging the business’ objectives and employees’ performance in any company, by ensuring that talent in the organisation is always aligned with the goals and growth of the company. The role of HR includes recruiting new talents, supporting employees’ learning and development, managing relationships amongst employees, as well […]

Update on Penalties for First Violations of Chinese Tax Rules

In order to support the tax system reform goals of the Chinese State Council Standing Committee, the State Administration of Taxation (SAT) issued Announcement [2021] No. 6 (Announcement 6), which took effect on April 1, 2021 and modifies regulations related to penalties for first-time violations of tax compliance rules. In accordance with the most current […]

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