Maju Corporate Services Pte Ltd

10/10/2023

MAJU: What are the available government grants for new start up or small business in Singapore?

https://majucorporate.com/what-what-are-the-available-government-grants-for-new-start-up-or-small-business-in-singapore/

11/09/2023

What are the duties and responsibilities of company directors and officers in Singapore?

https://majucorporate.com/what-are-the-duties-and-responsibilities-of-company-directors-and-officers-in-singapore/

06/08/2023

What is Singapore Corporate Income Tax Rebate? How this scheme provides a corporate income tax rebate to eligible companies, which helps to reduce their overall tax liability?



https://majucorporate.com/what-is-singapore-corporate-income-tax-rebate-how-this-scheme-provides-a-corporate-income-tax-rebate-to-eligible-companies-which-helps-to-reduce-their-overall-tax-liability/

02/07/2023

https://majucorporate.com/what-is-the-tax-implication-of-cpf-contribution/

04/07/2021

M.: One of largest ransomeware started on Saturday! It forces Swedish Coop Grocery shop to close all 800 stores, disruption to state railway and pharmacy chains. REvil ransomeware gang is suspected of the attacks!

WTI Crude ⬆️ Maintain Above $70 ($75.16)

Gold Spot ⬇️ Maintain Above $1,700($1,783)

US 2 Yrs T. ⬆️ Bond yield 0.23
US 10 Yrs T. ⬇️ Bond yield 1.43
10-2 yrs T. Bond Yield Spread ⬇️ 1.2
FED: ⬆️ 0.09%

S&P 500 (SPX) ⬆️ 4,352
Dow Jones (INDU) ⬆️ 34,786
Chicago Board Option (VIX): ⬇️ 15.07
Straits Times Index (STI): ⬇️ 3,128
Shanghai Comp (SHCOMP):⬇️ 3,518 Hang Seng (HSI): ⬇️ 28,310

USD To SGD ⬆️ 1.34
USD To CNY ⬆️ 6.47
USD To IDR ⬆️ 14,532
USD To JPY ⬆️ 111
GBP To USD ⬇️ 1.38
EUR To USD ⬇️ 1.18
USD To CHF ⬆️ 0.92

Bitcoin:⬇️ $35,436



www.majucorporate.com

Major ransomware attack against U.S. tech provider forces Swedish store closures https://reut.rs/2UWiNSY

15/06/2021

https://www.bestinsingapore.co/best-accounting-services-singapore/

06/06/2021

M. Bitcoin & most Other top cryptocurrency fell on Sunday on concern that there maybe a further crackdown on the industry in China.

WTI Crude ⬆️ Maintain Above $60 ($69.62)

Gold Spot ⬆️ Maintain Above $1,800($1,893)

US 2 Yrs T. ⬇️ Bond yield 0.14
US 10 Yrs T. ⬇️ Bond yield 1.55
10-2 yrs T. Bond Yield Spread ⬇️ 1.41
FED: 0.03%

S&P 500 (SPX) ⬆️ 4,229
Dow Jones (INDU) ⬆️ 34,756
Chicago Board Option (VIX): ⬇️ 16.42
Straits Times Index (STI): ⬇️ 3,151
Shanghai Comp (SHCOMP):⬆️ 3,591 Hang Seng (HSI): ⬆️ 28,918

USD To SGD ⬇️ 1.32
USD To CNY ⬇️ 6.39
USD To IDR ⬇️ 14,295
USD To JPY ⬇️ 109
GBP To USD ⬆️ 1.41
EUR To USD ⬆️ 1.21
USD To CHF ⬇️ 0.89

Bitcoin:⬇️ $36,242



www.majucorporate.com

Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey https://www.bloomberg.com/news/articles/2021-06-06/bitcoin-drops-amid-weibo-crypto-suspensions-goldman-cio-survey

02/05/2021

M.: Less than a week after Singapore becomes the world best places amid the pandemic, there is a spike in community COVID-19 cases.

14 community cases were among the 39 new COVID-19 infections reported in Singapore as of noon on Sunday (May 2), the Ministry of Health (MOH) said in its preliminary daily update.

The Singapore-Hong Kong air travel bubble may not start if the threshold of a seven-day moving average of five or fewer unlinked community cases in either city is breached.

WTI Crude ⬆️ Maintain Above $60 ($63.58)

Gold Spot ⬆️ Maintain Above $1,700 ($1,767)

US 2 Yrs T. ⬇️ Bond yield 0.16
US 10 Yrs T. ⬇️ Bond yield 1.62
10-2 yrs T. Bond Yield Spread ⬇️ 1.46
FED: 0.03%

S&P 500 (SPX) ⬆️ 4,181
Dow Jones (INDU) ⬆️ 33,874
Chicago Board Option (VIX): ⬆️ 18.61
Straits Times Index (STI): ⬆️ 3,218
Shanghai Comp (SHCOMP):⬇️ 3,446
Hang Seng (HSI): ⬇️ 28,724

USD To SGD ⬇️ 1.33
USD To CNY ⬇️ 6.47
USD To IDR ⬇️ 14,445
USD To JPY ⬇️ 109
GBP To USD ⬇️ 1.38
EUR To USD ⬆️ 1.20
USD To CHF ⬇️ 0.91

Bitcoin:⬇️ $56,620



www.majucorporate.com

https://www.straitstimes.com/world/fast-vaccine-roll-out-makes-spore-best-place-to-be-amid-pandemic

HONG KONG • A combination of nailing the virus and rolling out vaccines at one of Asia's fastest rates has put Singapore on top of Bloomberg's Covid-19 resilience ranking this month, dethroning New Zealand for the first time in a measure of the world's best and worst places amid the pandemic.. Rea...

03/04/2021

M.: The S&P 500 scaled 4,000 for the first time on Thursday. The rally has been driven by unprecedented U.S. stimulus measures and expectations that widespread vaccinations against COVID-19 will spur an economic rebound. Infrastructure plan of $2 Trillion & 1.9 Trillion COVID-19 relief package!

WTI Crude ⬇️ Maintain Above $60 ($61.45)

Gold Spot ⬆️ Maintain Above $1,700 ($1,738)

US 2 Yrs T. ⬆️ Bond yield 0.18
US 10 Yrs T. ⬆️Bond yield 1.71
10-2 yrs T. Bond Yield Spread ⬆️ 1.53
FED: 0.08%

S&P 500 (SPX) ⬆️ 4,019
Dow Jones (INDU) ⬆️ 33,153
Chicago Board Option (VIX): ⬇️ 17.33
Straits Times Index (STI): ⬆️ 3,181
Shanghai Comp (SHCOMP):⬆️ 3,484
Hang Seng (HSI): ⬆️ 28,938

USD To SGD ⬇️ 1.34
USD To CNY ⬆️ 6.56
USD To IDR ⬆️ 14,525
USD To JPY ⬆️ 110
GBP To USD ⬇️ 1.38
EUR To USD ⬇️ 1.17
USD To CHF ⬆️ 0.94

Bitcoin:⬇️ $59,127



www.majucorporate.com

Wall Street Weekahead: High-flying market to take cues from infrastructure plans, upcoming earnings https://reut.rs/31FrDET

U.S. President Joe Biden's massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs.

13/03/2021

M.: Oil Prices Rebound Back $70!

WTI Crude ⬆️ Maintain Above $60 ($65.61)

Gold Spot ⬇️ Maintain Above $1,700 ($1,719)

US 2 Yrs T. ⬆️ Bond yield 0.14
US 10 Yrs T. ⬆️Bond yield 1.62
10-2 yrs T. Bond Yield Spread ⬆️ 1.48
FED: 0.08%

S&P 500 (SPX) ⬆️ 3,943
Dow Jones (INDU) ⬆️ 32,778
Chicago Board Option (VIX): ⬇️ 20.69
Straits Times Index (STI): ⬆️ 3,095
Shanghai Comp (SHCOMP):⬆️ 3,453
Hang Seng (HSI): ⬆️ 28,739

USD To SGD ⬇️ 1.34
USD To CNY ⬇️ 6.50
USD To IDR ⬇️ 14,385
USD To JPY ⬇️ 109
GBP To USD ⬇️ 1.39
EUR To USD ⬆️ 1.19
USD To CHF ⬆️ 0.93

Bitcoin:⬆️ $60,100



www.majucorporate.com

Oil settles near $70/bbl on hopes of recovering demand https://reut.rs/3tiSN0b

25/12/2020

M.: Interesting Year For Business In 2020. Some business had “fallen” during this COVID-19 pandemic while other business had broken record! Robinson had “throw in towel” and shut their business in Singapore. Ironically, where can be buy our towel now?

Online stores and streaming platform have taken over the brick and mortar business. This will be the new norm for shoppers!

This pandemic has given opportunities to new entrants to take market share using the digitalization! It equalized every market player ability to create sales opportunities as no company has ever predicted this pandemic will happen or has contingent plan for it.



WTI Crude ⬆️ Maintain Above $40 ($48.23)

Gold Spot ⬆️ Maintain Above $1,800 ($1,883)

US 2 Yrs T. ⬇️ Bond yield 0.12
US 10 Yrs T. ⬆️Bond yield 0.92
10-2 yrs T. Bond Yield Spread ⬆️ 0.80
FED: 0.25%

S&P 500 (SPX) ⬆️ 3,703
Dow Jones (INDU) ⬆️ 30,199
Chicago Board Option (VIX): ⬇️ 21.53
Straits Times Index (STI): ⬆️ 2,842
Shanghai Comp (SHCOMP):⬆️ 3,396
Hang Seng (HSI): ⬆️ 26,386

USD To SGD ⬇️ 1.32
USD To CNY ⬇️ 6.5
USD To IDR ⬇️ 14,200
USD To JPY ⬇️ 103
GBP To USD ⬆️ 1.35
EUR To USD ⬆️ 1.21
USD To CHF ⬇️ 0.88

Bitcoin:⬆️ $23,711



www.majucorporate.com

https://www.bloomberg.com/news/articles/2020-11-16/the-winners-and-losers-in-eight-months-that-ravaged-u-k-economy

With new restrictions and Brexit threatening to push the U.K. back into recession, the economy is probably more than a year away from recouping the staggering losses inflicted by the coronavirus.In broad terms, no sector has escaped the carnage. Economic output is still almost 10% below pre-pandemic...

01/11/2020

M.: U.S. stock indexes closed lower on Friday to cap Wall Street’s biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.

Our Fear Index has raised above the norm. Market is expect to be volatile this week!

WTI Crude ⬇️ Maintain Above $30 ($35.79)

Gold Spot ⬇️ Maintain Above $1,800 ($1,879)

US 2 Yrs T. ⬆️ Bond yield 0.15
US 10 Yrs T. ⬆️Bond yield 0.87
10-2 yrs T. Bond Yield Spread ⬆️ 0.72
FED: 0.25%

S&P 500 (SPX) ⬇️ 3,269
Dow Jones (INDU) ⬇️ 26,501
Chicago Board Option (VIX): ⬆️ 38.02
Straits Times Index (STI): ⬇️ 2,423
Shanghai Comp (SHCOMP):⬇️ 3,224
Hang Seng (HSI): ⬇️ 24,107

USD To SGD ⬆️ 1.36
USD To CNY ⬇️ 6.69
USD To IDR ⬇️ 14,625
USD To JPY ⬇️ 104
GBP To USD ⬇️ 1.29
EUR To USD ⬇️ 1.16
USD To CHF ⬇️ 0.91

Bitcoin:⬆️ $13,718



www.majucorporate.com

Tech slide, pandemic surge slam Wall Street, biggest weekly loss since March https://reut.rs/2HPwDAd

U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.