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Tag: Singapore

Posted on August 3, 2023

Property auction market’s sales value drops to its lowest level since 1H20

Sales value clocked in at $15.2m. Despite successfully hammering 11 properties, Singapore’s property auction market still recorded a 59.7% HoH lower sales value in 1H23. Of the total properties sold …

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Posted on August 3, 2023

Singapore worked with UK authorities on fraud case involving ex-F1 CEO Bernie Ecclestone: DPM Wong

SINGAPORE: Singapore worked closely with authorities in the United Kingdom on their investigation and prosecution of former F1 CEO Bernie Ecclestone, Deputy Prime Minister Lawre …
Posted on August 3, 2023

Singapore worked with UK authorities on fraud case involving ex-F1 CEO Bernie Ecclestone: DPM Wong

SINGAPORE: Singapore worked closely with authorities in the United Kingdom on their investigation and prosecution of former F1 CEO Bernie Ecclestone, Deputy Prime Minister Lawre …
Posted on August 3, 2023

Singapore has not received any new proposals from Malaysia to revive HSR project

SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on …
Posted on August 3, 2023

Singapore has not received any new proposals from Malaysia to revive HSR project

SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on …
Posted on August 3, 2023

MAS: Risk of Artificial Intelligence “Herding” Traders Still Low in Singapore

The risk of “herding” in trading platforms due to AI is still low as FIs in Singapore are still at a nascent stage of using AI models.
Posted on August 3, 2023

Finmo launches in Singapore after securing MPI license

Finmo, a payments company headquartered in Singapore, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Posted on August 2, 2023

Singaporeans hold 2nd most valuable property portfolio in England and Wales

The value of Singapore nationals’’ property portfolio is £7.2b. Amongst all foreign nationals, Singaporeans had the second most valuable property portfolio across England and Wales, data from Benham and Reeves showed. According to the London-based …

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Posted on August 2, 2023

Singapore’s prime minister pledges ‘zero tolerance’ after recent wave of political scandals

Transport Minister S. Iswaran was arrested last month, alongside property tycoon Ong Beng Seng, in relation to a probe by Singapore’s anti-graft agency, marking the first time in nearly four decades a cabinet official has been involved in corruption.

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Posted on August 2, 2023

Average Singapore consumer needs to save at least $1,733 per month over 27 years to feel financially free: survey

To feel financially free, the average consumer in Singapore would have to save at least $1,733 per month over approximately 27 years to accumulate a median savings of $566,640, according to a survey …

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