Making the task more complicated is a downturn in Singapore’s luxury property market due to hefty levies on foreign purchases and high interest rates. Early attempts by banks to offload these assets …
The banks that hold most money in Singapore laundering scandal
In a Singapore courtroom on Friday (Jun 7), the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 …
Malaysia urges private sector to ‘take the lead’ on funding high-speed rail link to Singapore
Malaysia’s high-speed rail (HSR … Without the backstop of government finance, potential contractors – including from Japan – have reportedly shied away from heavy investment in the connection. But …
Singapore Builder Oxley Seeks Up to $120 Million Private Loan
Oxley Holdings Ltd, a cash-strapped property developer in Singapore, is seeking a private credit loan of $100 million to $120 million partly to help repay a Singapore dollar bond due next month, said …
Explainer: Why is Malaysia’s ringgit up 2.2% in 4 months to the Singdollar and will its rise continue?
As any Singaporean crossing the Causeway recently may have noticed, Malaysia’s currency has jumped quite a bit against the Singapore dollar lately.
Sumitomo Mitsui weighs broader expansion in India’s low-tax hub
SUMITOMO Mitsui Financial Group is hiring for its planned outpost in India’s low-tax hub, joining a cluster of global banks placing a bet on the nation’s answer to Singapore and Dubai. Read more at …
Price Guide To Landed Properties In Singapore
Landed properties in Singapore are highly sought-after and carry a high premium based on the tenure, location, and property type.
Japan’s Taxes ‘Too High’ for Hub Ambition, Monex Founder Says
Japan’s taxes are too high and it needs to cut them if the nation wants to remake itself as an international financial center rivaling Singapore and elsewhere, according to Monex Group Inc.’s …
Singapore’s Temasek trims stake in ICBC as China’s slumping property market dents state lenders’ profits
Temasek Holdings, Singapore’s sovereign wealth fund, cut its stake in the Industrial and Commercial Bank of China (ICBC) twice in one day last week, reducing its share of the lender to less than 5 per …
Shangri-La: As generals made small talk and polite debate, both China and Trump loomed large
Any tourist wandering through the glitzy lobby of Singapore’s Shangri-La Hotel this weekend would have stumbled on a rather bizarre scene.