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Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [ 1 ]
On 21 March 2017, Mobike started operations in Singapore, the company's first overseas market. [13] [14] Mobike Japan was launched on 22 June 2017, Fukuoka being its first recipient. [15] In Osaka, to gain traction for its e-bike business, Panasonic partnered with Chinese Mobike to explore the possibilities of an electric-bike-sharing service ...
Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [ 87 ]
On March 12, 2013, fast-food chain Jollibee opened its first branch in Singapore on the 6th floor of Lucky Plaza. [10] However the 6th floor store was shut down on November 30, 2023, [11] due to their opening of 10 more stores across Singapore. However, on July 22, 2024, Jollibee reopened their store in Lucky Plaza on B1 to replace McDonald's. [12]
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All "low-speed electric bicycle"s must have fully operable pedals and an electric motor of less than 750 watts. Furthermore, they must qualify as a class 1,2 or 3. Class 1 low-speed electric bicycles have a motor that provides assistance only when the rider is pedaling and does not assist over 20 miles per hour.
The taxation of digital goods and/or services, sometimes referred to as digital tax and/or a digital services tax, is gaining popularity across the globe. The digital economy makes up 15.5% of global GDP in 2021 and has grown two and a half times faster than global GDP over the past 15 years, according to the World Bank. [ 2 ]
oBike was a Singapore-registered stationless bicycle-sharing system started by businessmen Yi Shi and Edward Chen with operations in several countries. The bikes have a built-in Bluetooth lock and can therefore be left anywhere at the end of a journey, not just at a docking station.