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Zoho Launches Zoho Books Singapore edition

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9 months ago

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Helping businesses ensure e-invoicing compliance and improved accuracy in their GST filing

SINGAPORE – Media OutReach Newswire – 6 August 2025 – Zoho Corporation, a global technology company, today launched the Singapore edition of Zoho Books, cloud-based accounting software to help businesses simplify GST and e-invoicing compliance. This launch includes the Singapore edition of other solutions in Zoho’s finance and operations suite of applications, offering businesses a better way to manage their financial and operational processes while staying compliant with the country’s regulations.

Your business at a glance with the Dashboard in the Singapore edition of Zoho Books

“The launch of the Singapore edition of Zoho Books represents a significant step forward in enabling businesses and accountants to embrace digital transformation in financial compliance. With built-in AI capabilities and automation, Zoho Books simplifies GST calculations, ensures adherence to IRAS regulations, and helps mitigate compliance risks. As part of our 16+ country-specific editions, this launch empowers organisations to improve accuracy, reduce manual effort, and navigate an increasingly complex regulatory environment,” says Gibu Mathew, VP and GM, Zoho APAC

According to a recent survey by Zoho, a majority of businesses in Singapore report managing GST compliance efficiently, with 82% finding IRAS guidance easy to follow. However, challenges remain, 32% of businesses still file manually through the IRAS portal, and 71% spend up to five days preparing GST returns. The most common difficulties cited were: staying updated with regulatory changes, accurately calculating input/output tax, and ensuring timely filing.

These insights point to a growing need for automation in tax compliance. Zoho Books addresses this by providing real-time updates on GST regulations, automating tax calculations, and generating IRAS-ready F5 returns. By reducing manual processes, the solution helps businesses improve accuracy, save time, and minimise compliance risks. This is particularly relevant in light of recent enforcement trends. In FY23/24, the Inland Revenue Authority of Singapore (IRAS) recovered $162 million, including penalties, through over 2,500 audits across industries. A significant portion of these penalties stemmed from compliance lapses, highlighting the importance of adopting reliable, audit-ready systems like Zoho Books.

Zoho Books offers e-invoicing compliance which provides B2B businesses the ability to send invoices electronically directly into their accounting systems according to the PEPPOL standards. Zoho Books will soon offer integration with InvoiceNow to push invoices to the IRAS. With this accounting solution, businesses can also manage their finance end-to-end, perform core accounting functions, track stocks, reconcile bank accounts, and manage projects. The software offers PayNow payment method to streamline payment collections. With AI-driven receipt capture, businesses can automatically record expenses and bills within the application. Zoho Books also comes with other advanced capabilities like audit trail, order management, budgeting and workflow automation. With the application’s built-in Zoho Analytics integration, businesses can leverage Zia, Zoho’s AI-based analytics assistant to track financial trends with smart visualizations, perform predictive analysis and make data-driven decisions.

The Singapore edition of other solutions in Zoho’s finance and operations suite offers the following capabilities:

  • Zoho Inventory, a comprehensive solution to manage inventory, track stock levels, and generate GST and e-invoicing compliant invoices, ensuring seamless integration with shipping carriers and aggregators like Singapore Post, and Easyship for efficient order fulfilment. The solution offers advanced warehouse management capabilities and provides faster order processing. Businesses can leverage location tracking and labelling, stock counting, stock out alerts, and role-based access to the warehouse operations for better inventory control.
  • Zoho Billing is a versatile billing platform, offering one-time billing, subscription management, with GST and e-invoicing compliance, along with AR automation capabilities. The solution offers project billing, Quote-to-Cash (Q2C) and revenue reporting functionalities. Additionally, Zoho Billing offers subscription management capabilities like trial management, prorated billing, usage billing, customer lifecycle management, and retention.
  • Zoho Invoice is a free invoicing solution built for small businesses that helps manage receivables. Businesses can send quotes and create customised, GST compliant invoices.
  • Zoho Expense, end-to-end travel and expense (T&E) management software, that provides businesses with capabilities to manage all stages of employee travel, and automate expense reporting. With self-booking capabilities, employees can book flights, hotels, taxis, and trains according to company policy, reducing administration. Per diem rates and rules can be auto-imported, compliant with government regulations, automating business travel allowances.
  • Zoho Commerce, a complete e-commerce platform that helps businesses create and manage online stores, accept orders, send GST-compliant invoices, process payments, manage shipping and track inventory. With Zoho Commerce, businesses can easily set up an online presence without needing any coding expertise.
  • Zoho Practice is built for accounting professionals, helping them deliver client services efficiently. Workpapers simplifies audit and compliance workflows by automatically fetching client financial statements from Zoho Books, enabling easy comparison, adjustments, document management, and collaboration for seamless review and approval. The self-service portal enables accountants to collaborate with clients that use third-party services, facilitating document requests, digital signatures, and communication.


Powerful Platform
Zoho’s finance suite of applications is built on the same platform, enabling instant interoperability and contextual data flow between applications, resulting in improved data accuracy and saved productive hours in manually re-entering data. Bringing 15+ years of experience and innovation, the finance and operations suite provides 16 country-specific editions tailored for local tax and compliance needs, including Singapore, UK, India, and the UAE. The platform offers advanced capabilities, using which businesses can easily customize, scale, and extend the applications according to their requirements. This significantly reduces the need to invest in IT resources and quickly go to market with any change.

Pricing and Availability
All products are available for immediate use. The pricing of Zoho Books starts at S$18 per month, per organization. The application also offers a free plan.

For more details on pricing, please visit the following pages for each product:
Zoho Books, Zoho Inventory, Zoho Billing, Zoho Expense, Zoho Commerce, and Zoho Practice.Hashtag: #zoho #zohobooks #singapore


The issuer is solely responsible for the content of this announcement.

Zoho Corporation

With 55+ apps in nearly every major business category, Zoho Corporation is one of the world’s most prolific technology companies. Zoho is privately held and profitable with more than 18,000 employees globally with headquarters in Austin, Texas and international headquarters in Chennai, India. Zoho APAC HQ is located in Singapore. For more information, please visit:

Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 120 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself. For more information, please visit:

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

Published

14 hours ago

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15/05/2026

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

The issuer is solely responsible for the content of this announcement.

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

Published

14 hours ago

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15/05/2026

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





The issuer is solely responsible for the content of this announcement.

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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

Published

1 day ago

on

14/05/2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

The issuer is solely responsible for the content of this announcement.

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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