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Tag: Singapore

Posted on December 23, 2024

Singapore invokes fake news law against Bloomberg, 3 others over bungalow sales article

The law ministry says the false statements in the Bloomberg article ‘attack the transparency of property transactions in Singapore’.

( read original story …)



Posted on December 23, 2024

Bloomberg issued correction directions over article on S’pore property deals

Bloomberg has been issued correction directions under Singapore’s fake news law following a recent article on good class bungalow (GCB) transactions in the island state. The Edge Singapore, The …

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Posted on December 23, 2024

What MinLaw didn’t POFMA: Revealing insights Into Singapore’s luxury property market

While Bloomberg and other media outlets were POFMAed for their report on GCB transactions, what MinLaw didn’t POFMA reveals intriguing insights: nearly half of GCB deals lacked caveats in 2024, buyers …

( read original story …)



Posted on December 23, 2024

Bloomberg issued Pofma order over article on good class bungalow transactions in Singapore

News organisation Bloomberg has been issued correction directions under the fake news law following its Dec 12 article on good class bungalow (GCB) transactions in Singapore.

( read original story …)



Posted on December 23, 2024

Corrections regarding false statements of fact by Bloomberg L.P., The Edge Singapore, The Independent Singapore, and The Online Citizen

There are no publicly available government records of GCB sale transactions if caveats are not lodged.

( read original story …)



Posted on December 23, 2024

S Alam threatens int’l legal action against Bangladesh interim govt over ‘destroyed’ investments: Financial Times

The report highlighted that Saiful Alam, acting as a Singaporean citizen, could jeopardise the interim government’s efforts to recover billions of dollars siphoned out of the country during the Awami …
Posted on December 23, 2024

S Alam threatens int’l legal action against Bangladesh interim govt over ‘destroyed’ investments: Financial Times

The report highlighted that Saiful Alam, acting as a Singaporean citizen, could jeopardise the interim government’s efforts to recover billions of dollars siphoned out of the country during the Awami …
Posted on December 23, 2024

KLCC Property denies RM10b purchase of Bandar Malaysia land, as Escape theme park plan cancelled by Singapore operator

KLCC Property Holdings Berhad (KLCCP) has today denied news reports claiming that it is buying the Bandar Malaysia land for over RM10 billion. “KLCCP wishes to inform that we are not a party to this …

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Posted on December 22, 2024

Singapore stocks’ best year since 2017 masks downbeat outlook

SINGAPORE: Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s (STI) 15% gain so far this year are likely to be …
Posted on December 21, 2024

Nearly half of Singapore employers plan to hire more people next year, with 45% expecting the highest numbers in sales and business development

The survey found that 49% of employers plan to increase their workforce in 2025, while 40% expect to keep the same number of employees. According to Singapore Business Review, 45% of employers expect …

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