08 Jun '11, 2am

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Singapore Home > Breaking News > Singapore New tax rules for Islamic finance 9:52 AM The Government will issue new income tax rules for Islamic finance products, said deputy chairman of the Monetary Authority of Singapore Mr Lim Hng Kiang. The new regulations, to be issued by the Ministry of Finance, will cover financing agreements based on financing through partnership agreement, project financing and the interbank placement of funds, Mr Lim said. Minor oil slick on Kallang River cleaned up 6:00 AM A MINOR oil slick on the Kallang River was cleaned up yesterday. National water agency PUB confined the spread of the film of oil to a stretch of the river lining Potong Pasir Avenue1 and called in contractors to remove it. Worker crushed to death by concrete slabs 6:00 AM A WORKER died on Monday after a pile of concrete blocks fell on him at a construction site. Police said th...

Full article: http://www.straitstimes.com/Breaking+News/Singapore/Singa...

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