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Below, you will find out about opportunities to improve your savings and results and receive a few of our tips to finance your innovation.

We wish you a pleasant reading!


Optimize your PIC claims!

Did you know that companies can combine for YA 2013 to YA 2015 the yearly cap for each qualifying activity at S$ 400k? Companies are allowed to claim up to S$ 1,2M of eligible expenses for each qualifying activity by combining the three Years of Assessment. For example, if you haven’t claimed R&D costs in YA 2013 and YA 2014, you can claim up to S$ 1,2M of R&D costs in YA 2015. Do not miss this opportunity to optimize your savings!

PIC Bonus: get it while you can

The PIC Bonus is a S$ 15,000 dollar-for-dollar matching cash bonus on top of the PIC cash payout and the enhanced tax deduction available for YA 2013 to 2015. The PIC scheme will remain active at least until 2018. It is still time to get the PIC Bonus by optimizing your PIC Claims for YA 2015.


Innovation Capability Voucher (ICV)

ICV is a public financing tool for local SMEs helping them to purchase integrated IT solutions and to get access to consultancy services for innovation, productivity, HR and finance management. Local businesses can get up to S$ 40,000 with 8 different vouchers.

iSprint Funding for Intermediate Packaged Solutions

This funding program initiated by IDA for local SMEs reimburses up to 70% of the buying cost of numerous pre-approved packaged solutions up to S$ 20,000 as well as consultancy and training costs related to packaged solutions such as SaaS, PoS, Accounting Management Systems, etc.


Assistance to IRAS technical queries

More and more companies have seen their claims rejected or challenged by IRAS. It requires a specific expertise to claim technical staff salaries and outsourced R&D projects under the PIC scheme. We were expecting an increase of the controls, as it happened in other countries, with similar schemes. Make sure to secure your R&D tax credits by following all regulations and expectations from IRAS to avoid troubles and delays in the process.

R&D Tax Credits

From IRAS perspective, R&D includes the notion of innovation whereas it is excluded in OECD definition. Several countries use the OECD R&D definition for R&D tax credits, such as France, England or Canada. In Singapore, the definition of R&D is broader and therefore, the notion of eligible R&D activity of the PIC is larger than scientific research and is not limited to lab work and PhDs teams. Our consultants are R&D experts with either a MSc or a PhD who successfully claimed R&D projects in different fields such as Software Development, SaaS, Energy, E-commerce, Microsystem, Healthcare, Water, Big Data, Web technologies, etc.


Singapore is becoming a global IP hub

The government has been implementing effective tax measures to encourage the anchoring of intellectual property in Singapore for the past few years. By helping companies finance acquisition and registration of Intellectual Property Rights through the PIC scheme, among other initiatives, the objective of the Government is to help Singapore become a global IP hub in Asia.

Top 20 Hottest Startups

Released in the Singapore Business Review, the Singapore's Hottest Startups 2015 awards the most innovative startups in the country. Five of our clients are ranked in this top 20! This shows the strong links between GAC and the technology-oriented startups ecosystem of Singapore. We help innovative companies finance their technical projects by claiming the salaries of their technical teams through the PIC scheme.



Art gallery, without a doubt, plays an important role in the artindustry. Many people do not possess in-depth knowledge on the role of art galleriesin our society. Here is an overview of what an art gallery is and itsimportance in our society.

Art gallery offers a striking place where visitors can view andappreciate art. Various forms of visual arts are displayed such as paintings,sculptures, relics, pottery, jewelries with historical values and much more.Art galleries display art works to promote art and artists as well as to helpand guide buyers in selecting art works that will suit their art preferences. Acertain type of art gallery like Hawkfield Gallery offers a special type ofservice to their clients – to help them hunt art works that interest them andeven help them bid at auction houses.

For those who are curious on the value of the artworks theypossess, Hawkfield Gallery and its fine art consultants provides professionaladvice on how to appraise fine artworks, antiques and collectible items. Hawkfield Gallerygained experience and expertise in determining the value and quality ofartworks by visiting auctions houses and antique shops. They use a salescomparison approach to value an artwork - comparing it to similar artworksrecently sold or currently for sale on the marketplace. They also welcomeartists to present their artworks and to help them determine its fair marketvalue. Visit the gallery’s website to know more about their services and thelist of artists they represent.

Art Consignment Agreement

Most art galleries work with artists on a consignment basis.Consignment is when you lend your artwork on the gallery and the gallery agreesto sell your artwork for a commission percentage. In some cases, engaging in aconsignment agreement comes with a lot of risks as it may cause financial orownership trouble down the road. Make sure to choose the right and trustedgallery that will represent your artwork. Hawkfield Gallery has gained anestablished reputation in the marketplace that will make you want to trust thegallery and its owner.



Repost from Safety & Health article by Tracy Haas

Equipment reliability is imperative

Unlike personal protective equipment such as hard hats and steel-toe boots, emergency eyewashes and showers are not meant to be used every day. Ideally, a worker will never need one. But should an incident such as a chemical splash occur, it’s vital that emergency eyewashes and showers be ready for use.


Because emergency eyewashes and showers are not frequently used, their maintenance may not always be top of mind. “The two most common emergency shower misuses are not providing ANSI-required tepid water and failing to conduct weekly test activations to ensure the units are working,” said Ryan Pfund, senior product manager, emergency fixtures, for Menomonee Falls, WI-based Bradley Corp. Pfund recommends establishing a weekly inspection program to test your company’s eyewash and shower equipment to ensure it is working properly and providing tepid water instantaneously. “Manufacturers provide specially designed devices and materials to assist in testing,” he added.

Nuray Ebel, product manager at Sparks, NV-based Haws, echoed Pfund’s comment that ANSI Z358.1-required weekly testing – although crucial – is often neglected: “The most significant part of the weekly test is the validation that the equipment provides proper first aid to users – not just ensuring water is present.”

Keith Flamich, marketing manager for Chicago-based Guardian Equipment, notes that equipment reliability is imperative. “During incidents where emergency eyewash and shower units are activated, far too much is at stake to depend on equipment that is not properly tested and not third-party certified,” Flamich said.

What’s new

Emergency eyewashes and showers now have improved flow control and coverage, according to Pfund. “The newest models apply fluid dynamics technology that works with a pressure-regulated flow control to provide an integral and uniform flow of water directed at the affected area,” he said.

Flamich pointed to the increasing popularity of heat-traced freeze-resistant stations in cold-weather environments. “These units are manufactured with a heat-tracing cable wrapped around internal piping to prevent the freezing of standing water within the unit,” he said. “Once activated, a safety station first delivers the standing water before drawing from a tepid water supply.” However, he cautioned that these stations are commonly misunderstood, and people often believe the units are capable of heating a full 15-minute supply of water per the ANSI Z358.1 tepid water requirement. “The reality is that these units heat only the standing water contained within its internal piping prior to unit activation,” Flamich explained. “As such, there must be continuous source of tepid water supplying the heat-traced safety station (i.e., thermostatic mixing valve, tepid water loop, or instantaneous water heater) to meet the ANSI-required 15-minute tepid water flush.”

On a separate note, Ebel spoke of the benefits of using wireless alarm technology for emergency eyewashes and showers. “Wireless transmitters enable control and/or notification from remote areas where wiring or wire maintenance is not physically possible or economically feasible.”



Consider an e-commerce website wants to set orders that will beshipped to certain shipping countries for manual review or reject it in orderto reduce fraud orders. In this use case, let's say every transaction that hasMalaysia set as shipping country needs to be rejected. FraudLabs Pro allows you to configureit using fraud detection rules.

1. Login to the FraudLabsPro Merchant Control Panel.

2. Click on the Rulesmenu.

3. Add the new rule "Shipping Country". Set thecondition to "Within" and pick "Enter Countries Below".Select "Malaysia" as the value.

4. Select the Rejectaction.

5. Click on the Add Rulebutton.

When there is an order that has set the shipping country asMalaysia, FraudLabs Pro will automatically filter and reject this order.

If you want to reject an order that has set Malaysia as billingcountry, you can do so by adding new rule.

1. Login to the FraudLabsPro Merchant Control Panel.

2. Click on the Rulesmenu.

3. Add the new rule "Billing Country". Set the conditionto "Within" and pick "Enter Countries Below". Select"Malaysia" as the value.

4. Select the Rejectaction.

5. Click on the Add Rulebutton.

When there is an order that has billing country set as Malaysia, FraudLabs Pro will automatically filter andreject this order.



AlfaoneBuilders Corporation Accomplished Projects

Withseveral years of expertise in realty sector, Alfaone Builders Corporationbecame the pioneer in real estate development in Kerala, India. Our firm isreferred to as one of the well-established and successful organizations in theindustry. Our profound experience and unparalleled commitment to fulfill the interests of ourclients allows us to influence and reshape the industry in our state.

Ourfirm is the wholly owned subsidiary of Alfaone Group that is situated in Dubai.Our parent company's multinational presence and strong financial footholdgranted us the advantage of being one of the best local and regional talents toachieve most challenging projects, and acquiring exclusive houses that onewould dream of. We have received multiple recognitions because of ourhigh-quality work.

Ourprominent projects provide a better living environment for the people tosimplify life and living. Our name has been made synonymous with premier qualityand trust due to our long-standing excellence, passion for efficiency andindomitable dedication to deliver the best services for our clients.

Amongour notable projects include Aquamarine and Lamina. Aquamarine is a 14-storeyskyscraper located in Kannur overlooking Payyambalam Beach with its golden sandfrilled by coconut greenery. It has a swimming pool, sauna, Jacuzzi and outdoorparty area on the top floor, well equipped health club, children's play area,and indoor party hall for individuals who seeks leisure and fun.

Forthe comfort and convenience of its customers, Aquamarine provides good locationand excellent neighborhood, ample car parking, meditation and yoga space,EPABX/Intercom, 24/7 security, backup generator, common toilets for servantsand drivers, garbage chute for water disposal, standard fire safety features,and lighting arrester.

Forindividuals who enjoy indoor activities, Aquamarine offers table tennis, chessand card room, and reading room and library. It caters anything and everythingassociated with luxury.

Onthe other hand, Lamina has independent villas with ultra-modern facilities setin lush surroundings situated in Kannur. It has a heartwarming rusticbackground that brings class to your lifestyle where you can revitalize yourmemories in a verdant countryside.

Hereat Alfaone Builders, we always ensure that our clients will have an incrediblelife with their family through our professionally managed projects. We willcontinue being one of the best service providers in real estate in our country.

AlfaoneBuilders Corporation Company Profile

Alfaone Builders Corporationis the wholly owned subsidiary of Alfaone Group located in Dubai that has a multinationalpresence. We are known as the leading real estate development in Kerala, India.We provide exceptional services that include constructions at prime locationswith excellent connectivity, premier constructions, scheduled completion, and up-to-datefacilities. With years of experience in the industry, we became the topwell-established and organized organization in our region.

Our parent company'sdiverse portfolio contains residential, commercial, urban development,transportation, infrastructure, industrial projects and government services.Alfaone's strong financial position and multinational presence has enabled usto remain among the best local and regional talent to successfully completecomplicated projects, and to improve the future of the country. We provideprevalent influence to the real estate industry using our profound experienceand indomitable dedication to fulfill our client's needs.

Alfaone is dedicated indeveloping outstanding designs that could transform the dream of severalindividuals into reality. We achieved a lot of recognitions within the industryover the years because of our high-quality works and services. Our successcomes from three aspects which include our commitment to effectively fulfillthe interests of our clients, engaging with them as partners, and achieving ourgoals with integrity and excellent service. Our top priority here at Alfa oneBuilders will always be meeting our client's standards.

Our projects provide a betterliving environment for the people to facilitate life and living. Our namebecame synonymous with high quality and trust because of our commitment to excellencethat could be witnessed through our successful projects. Some of our notableprojects include the Aquamarine and Lamina.

Our firm prides itselfin having accommodating professionals that ensures the client's satisfaction.We add sophistication to their living space with a touch of expertise. We also engageour clients in all stages of construction by which we are continuing to getworldwide customers and achieving the trust of thousand clients.

We have outstandingcharacteristics that make us stand out in the realty sector, such as integrity,professionalism, responsibility, quality, and unity. We strive with all ourstrength to leave a lasting imprint in the real estate industry.



Social media can provide a huge amount of informationabout qualified leads. A well-designed campaign using a combination of promocodes can produce a lot of detailed data, that's why most social mediaplatforms provide analytics to analyze these data for future campaigns. It'sreally important to properly manage the data when you have collected theseleads. A modern CRM (customer relationship management) software allow your teamto capture leads as well as to follow up with offers and subsequent campaigns.

Today, it's no doubt that a lot of customers choosesocial media to search for trusted opinionsof different individuals about a certain product or service since it's easierfor them to research and buy online. A well-organized social media campaignmust be an important part of your business' sales promotions because mostpeople prefer a recommendation from a friendly face than a dry impersonalsearch result.

A well-organized social media campaign can also be astrong and effective sales tool as it allows your business to get closer to thecustomer, enhance your understanding towards their interestsand develop lasting relationships with them.

Acquiring social media success often involves a longprocess, especially in small businesses, you should flourish your profiles firstand develop a genuine relationship with your business' followers in order toprovide value before easing into any type of sales promotions. The followingare some simple tips provided by Bacall Associates inutilizing social media into your sales promotions.