Singapore Foreign Reserves Gain at $8.5 Billion

Singapore Foreign Reserves Gain at $8.5Billion

Singapore Foreign Reserves Gain at $8.5Billion The Monetary Authority of Singapore (MAS) recently announced in it’s annual report that the official foreign reserves (OFR) gained $8.5 bilion for the FY2017/18. According to the MAS, strengthening of the Singapore dollar against the US dollar provided a translated negative effect of $13.8 billion while investment gains contributed…

Customers Can PayNow at 3E Accounting

Customers Can PayNow at 3E Accounting

Customers Can PayNow at 3E Accounting On 14 August 2018, 3E Accounting implemented PayNow, a peer-to-peer funds transfer that allows faster and secured online transaction. 3E Accounting’s customers can perform transaction to 3E Accounting instantaneously with our Unique Entity Number (UEN) issued in Singapore. Similar to how PayNow works, customers do not need to know…

Changes In Statutory Requirements for AGM and Filing of Annual Return with ACRA

Changes In Statutory Requirements for AGM and Filing of Annual Return with ACRA – Effect on 31 August 2018 Recently, the Accounting and Corporate Regulatory Authority (“ACRA”) of Singapore has announced new changes regarding the statutory requirements of Annual General Meetings (“AGM”) and filing of Annual Returns (“AR”) that will take effect on 31 August…

Developing Web Application As Part Of Integrative Team Project on July 2018

Developing Web Application As Part Of Integrative Team Project on July 2018

Developing Web Application Software with SIT’s Future Minds 3E Accounting Came Together with SIT’s Bright Minds Through Industry Collaboration 3E Accounting and the students at Singapore Institute of Technology (SIT) worked on developing web application software in 2018. The collaboration was part of the students’ Integrative Team Project. It was successfully completed on 31 July…

CorpPass to Replace EASY by 1 September 2018

CorpPass to Replace EASY in Singapore by 1 September 2018 From 1 September 2018, CorpPass will be replacing EASY as the new authorization system. All businesses will be required to use CorpPass as of the next Q3 for any transactions completed with IRAS (Inland Revenue Authority Singapore). This new system will also be used to…