By Boo Kok Chuon and Chan Mei Lee, Clarie Most people think tax planning means one thing: Pay less tax. That’s not tax planning.That’s just chasing an outcome. Real tax planning is about paying tax correctly and intentionally.Because the way you pay yourself as a business owner affects more than tax — it affects bankability, […]
Starting July 1, 2025, Singapore will implement significant updates to its Work Permit and S Pass policies. These changes are designed to offer employers greater flexibility in managing their foreign workforce and provide opportunities for long-term employment for foreign workers. At Iconomy Corporate, we are closely following these developments to help businesses navigate the updated […]
Singapore’s Budget 2025 sets the stage for economic growth, business resilience, and workforce transformation, offering a range of measures to support Small and Medium Enterprises (SMEs). With a focus on cost management, technology adoption, and workforce upskilling, this budget ensures that SMEs can remain competitive in a dynamic global landscape. 1. Managing Business Costs 2. […]
By Boo Kok Chuon Barbie Hsu’s Passing and the Legal Challenges That Follow The recent passing of Barbie Hsu (徐熙媛, 大S) has raised important questions about inheritance, guardianship, and wealth management, particularly for high-net-worth individuals (“HNWI”) with complex family structures. Hsu, a Taiwanese actress, had two children with her ex-husband Wang Xiaofei (汪小菲) before their […]
By Boo Kok Chuon The recent billion-dollar money laundering case involving Wang Junjie, a director of multiple companies, has underscored the serious legal consequences of falsifying company accounts. Wang has been charged with offenses under the Penal Code for forgery and falsifying accounts, shedding light on how rogue corporate service providers and outsourced accounting firms […]
18 January 2025 Iconomy Senior Executive Director Mr Boo Kok Chuon participated in a Ministry of Education dialogue with Parent Support Group (PSG) leaders on 18 January 2025, in his capacity as a PSG Executive Committee representative of his daughter’s Primary School. The dialogue brought together perspectives from parents, educators and industry professionals on how […]
By Boo Kok Chuon The Private Lease Scheme (PLS) in Malaysia has become a polarising topic, especially after recent disputes involving Singaporean investors. While concerns about lower liquidity, resale limitations, and developer control are valid, PLS properties can still offer strategic advantages for certain types of investors. This article provides a balanced analysis of PLS, […]
15 November 2024 Iconomy Group CEO Mr Boo Kok Chuon returned to his alma mater, Woodlands Primary School, on 15 November 2024 as Guest of Honour for the school’s Prize Giving Day 2024, marking a homecoming to the school where his educational and entrepreneurial journey first began. Addressing students, teachers and parents under the school’s […]
The Iconomy Group of Companies is proud to announce its successful participation in the Vesak 2024 carnival at the Singapore Expo on 12 May 2024, organised by the Singapore Buddhist Federation and generously sponsored by the Buddhist Business Network (“BBN”). The event provided a valuable platform for Iconomy Group to showcase its services to the […]
By Peter Ong Lip Cheng and Boo Kok Chuon As the trial of Johnny Depp[1] and his former spouse, Amber Heard, closes, the topic of defamation has resurfaced to be the talk of the town. Watching the cross examinations of the witnesses in the Johnny Depp trial is entertaining, but also a reminder that anything said or […]
