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Panama is currently recognized as one of the more attractive countries for legitimate offshore investment as well as for tax evasion, and is on the OECD “grey list”. Panama's free-trade zone handles over $19 billion in commerce per year and construction is booming. Corporations are easily created in Panama and, although they are heavily ...
The paper was founded as Singapore's second English-language newspaper by William Napier, Edward Boustead, Walter Scott Lorrain and George Drumgoole Coleman on 1 October 1835 as the Singapore Free Press & Mercantile Advertiser. [1] Napier edited the paper from foundation until 1846 when he returned to Scotland.
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In 1983 Citi's International Personal Bank (IPB) Singapore was established to meet the offshore banking needs of affluent individuals who reside outside of Singapore. [3] In 1999 Citibank was among the first four foreign banks to be awarded the Qualifying Full Bank (QFB) license by the Monetary Authority of Singapore (MAS) in 1999. [4]
5. U.S. Treasury bills, notes and bonds. Treasury bills, notes and bonds are assets that the U.S. Department of the Treasury issues to raise money for the U.S. government.
Due to the level of taxation in much of the industrialized world, many turn to tax havens. Tax havens are places where individuals and companies go to avoid paying higher taxes. Find Out: The Cost ...
The re-branding coincided with an acknowledgment that Singapore had to move beyond its investment-led and electronics-dominated export base and to diversify her sources of growth. One of the key thrusts in Singapore's new economic strategy was to help Singapore-based companies internationalize and grow in an increasingly global market.
The Singapore Tiger Standard, an English morning daily newspaper, was accused as "anti-Merdeka" by S. Rajaratnam, [7] and was closed in 1959 after the People's Action Party came to power. [ 8 ] In 1971, the Government crackdown on newspapers perceived to be under foreign influence or with subversive tendencies; saw the closing of The Eastern ...