News

In a press statement dated 27 December 2006, but embargoed for release on 4 Janaury 2007, the Subordinate Courts announced its new and improved website which will also host the new ATOMS on the Internet. ATOMS on the Internet will enable offenders of minor traffic and parking offences will be able to settle their traffic or parking fines online.

The Monetary Authority of Singapore (MAS) issued amendments to the Code on Collective Investment Schemes (Code) to give fund managers greater operational flexibility while safeguarding investors' interest.

The 1998 concession on deferment of payment of stamp duty on agreements for purchase of properties will be withdrawn with immediate effect from 15 December 2006. Henceforth, the purchase of a property will pay stamp duty based on normal stamp duty rule that is within 14 days after the date of the sale and purchase agreement or the date of acceptance of the option to purchase.

The new Agreement for the Avoidance of Double Taxation between Singapore and Germany comes into effect on 12 December 2006. This follows the completion of ratification formalities and exchange of ratification instruments in Berlin.

Genting International and Star Cruises, both part of Malaysia's Genting Group, were named as winner of a second casino licence on Sentosa island. Their family-oriented proposal featured a Universal Studios theme park and the world's largest oceanarium. Genting plans to invest SGD 5.2 billion in the project.

The amendment to the Legal Profession Act introducing limited liability law partnerships comes into effect on 4 Dec 2006.

Electronic legal information publisher Justis Publishing Ltd has signed an agreement with the Singapore Academy of Law (SAL) to supply the JustCite service as well as the British Incorporated Council of Law Reporting (ICLR) products through SAL’s LawNet service. These ICLR products include the authoritative series The Law Reports for the United Kingdom dating back to 1865.

The Ministry of Trade & Industry ("MTI") announced that Singapore and the Gulf Co=operation Council (GCC) have agreed to start FTA negotiations.

The UK Government published the controversial Legal Services Bill, signalling the onset of a radical shake-up to make the UK the most liberal legal market in the world.

Rules on registering charities are to be tightened with powers to the Commissioner of Charities (COC) to reject a new charity application and de-register existing ones. The proposals are open for public feedback at www.reach.gov.sg.

Page << | 1 | 10 | 20 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 40 | 50 | 60 | 70 | 80 | >>