Event Details

Join us to discuss the latest tax developments from Singapore Budget 2022 that will impact the Aircraft Leasing industry.


The session will include an update by EDB on the Aircraft Leasing Scheme and an analysis of the Singapore tax environment by Ernst & Young (EY), followed by a panel discussion. The panel will be moderated by AAIS Management Committee member Kevin Chow (Thales).



Register here to participate virtually via MS Teams.

Speakers

  • Kevin Chow (Country Director & CEO of Thales Solutions Asia Pte Ltd)

    Kevin Chow

    Country Director & CEO of Thales Solutions Asia Pte Ltd

    The first Singaporean designated for this key role, Kevin has been the Country Director and CEO of Thales in Singapore since February 2016, responsible for driving Thales’ growth across all of its five markets:
    Aerospace, Space, Ground Transportation, Digital Identity & Security and Defence & Security. Thales currently employs 2000 people in Singapore, in roles such as Research & Technology, Innovation, Strategy, Business Development, Sales & Marketing, Bids & Projects Management, Product and Project Engineering, Manufacturing, Repair & Overhaul, and Shared Services (Finance, Human Resources, Legal, Communications etc.)

    Kevin has served as a Board Member of the French Chamber of Commerce in Singapore since April 2016, working to connect the people & economies of France and Singapore. Given his passion for education and developing talent, Kevin also currently serves on the Singapore Institute of Technology’s Advisory Board
    for 2 Aerospace Bachelor Programs.

    Prior to his current role at Thales, Kevin was with Singapore Technologies (ST) Aerospace, a global MRO company with more than S$2 billion revenue and 8000 employees worldwide. From 2014 to 2016, Mr Chow was the Vice-President/ General Manager of ST Aerospace Resources Pte Ltd, spearheading the company’s foray into the mid- to end-of-life aircraft leasing business. He was also Vice President, Strategic Plans and Business Development for ST Aerospace from 2010 to 2014, overseeing ST Aerospace’s strategy, alliances, partnerships and Mergers & Acquisitions activities.

    Prior to ST, Kevin had also worked for the Singapore government from 2001 to 2010, based in the Economic Development Board’s Singapore and Europe offices. Notably, in 2010, he held 3 concurrent appointments: Deputy Director (Transport Engineering), Deputy Director (Precision Engineering) and
    Deputy Director (Europe Desk). In that role, he was part of the management team that oversaw EDB’s initiatives in the following sectors: aerospace, marine, land transport, oil & gas equipment and services, machinery and systems, and precision modules & components.

    Awarded a Public Service Commission (PSC) scholarship by the Singapore government, Kevin concurrently obtained both his degrees in Masters of Science in Aerospace Vehicle Design from Cranfield University, UK and Diplome d’Ingénieur (Masters Degree in Engineering) from Ecole Nationale d’Aviation Civile,
    Toulouse, France in 1999.

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  • Tse Yong Lim (VP & Head (Capital Goods & Conglomerates) at Singapore Economic Development Board)

    Tse Yong Lim

    VP & Head (Capital Goods & Conglomerates) at Singapore Economic Development Board

    https://www.edb.gov.sg

    Mr Lim Tse Yong is the Vice President and Head for the Capital Goods Division as well as Conglomerates Division at the Singapore Economic Development Board (EDB). He joined EDB in 2006 after graduating from the Imperial College, London, with a Master of Engineering (First Class Honours) in Mechanical Engineering.

    During his time with EDB, Mr Lim spent 3 years in Sweden where he was responsible for partnering companies in Scandinavia to invest in Singapore. After returning from Sweden, he led EDB’s efforts in developing and growing Singapore’s Medical Technology sector. He also headed up EDB’s Corporate Planning team. Between 2015 - 2017, Mr Lim was seconded to the Ministry of Trade & Industry as Deputy Director for the Industry Division, where he was involved in the formulation of policies pertaining to Singapore’s manufacturing and exportable services. Following the secondment, he served as Director for EDB’s Precision Engineering Division before assuming his current role.

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  • Bin Eng Tan (Partner, Business Incentives Advisory, Singapore at Ernst & Young LLP)

    Bin Eng Tan

    Partner, Business Incentives Advisory, Singapore at Ernst & Young LLP

    Bin Eng leads the ASEAN Business Incentives Advisory service in the EY Singapore practice. She was previously seconded to the EY US office and was the ASEAN Incentives leader assisting clients with the planning of their operations and expansions into ASEAN. With more than 20 years experience working on incentive-related policies and tax issues, she has extensive experience assisting companies in identifying qualifying activities in Singapore and ASEAN, including research and development-enhanced deduction claims, preparing incentive applications and liaising with government authorities on incentive negotiation. Prior to joining EY, Bin Eng spent more than 12 years in the Singapore Civil Service dealing in areas relating to taxation.
    Bin Eng also has in-depth experience in design and administration of incentive programs, having previously worked for the Singapore Economic Development Board in the area of tax and financial incentives, and the Ministry of Finance on tax-related policy matters.

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  • Zhi Hong Low (Account Manager (Capital Goods) at Singapore Economic Development Board)

    Zhi Hong Low

    Account Manager (Capital Goods) at Singapore Economic Development Board

    https://www.edb.gov.sg

    Mr Low Zhi Hong is an Account Manager with the Capital Goods Division at EDB. He joined EDB in 2017 after graduating with First Class Honours in Aerospace Engineering from Nanyang Technological University in Singapore.

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