May Day message, Prime Minister Lee Hsien Loong says the country will continue to professionalise skilled trades to create more pathways to success for Singaporeans.
Singapore not spared as Amazon retrenches 9,000 workers; employees ‘abruptly cut off from work terminals’
Amazon started laying off employees in its cloud services division since Wednesday as part of a retrenchment exercise that is expected to affect 9,000 employees, and those from the Singapore office …
Singapore fuel oil stocks slip to four-week lows; net imports ease 19%
Residual fuel oil stocks at key trading hub Singapore fell to four-week lows, with net imports easing by 19% after jumping last week, official data showed on Thursday.
Foreigners in Singapore Now Have to Pay the World’s Highest Property Tax
Moving to Singapore as a foreigner just got a lot more expensive. On Thursday, the city-state doubled its Additional Buyer’s Stamp Duty, Bloomberg reported. Now foreign home buyers will have to pay a …
More foreigners may rent instead of buy property in Singapore after doubling of additional buyer’s stamp duty
Some foreign high-net-worth individuals may rent first, apply for permanent residency, then buy a property to get lower additional buyer’s stamp duty rates, say observers.
Singapore and Hong Kong in ‘completely different’ stages of the property cycle: Real estate company
Henry Chin of CBRE says Singapore residential and commercial real estate rents have risen substantially, but things are “bottoming out” for Hong Kong.
Analysis-China investment consensus cracks as politics fuel fears
By Tom Westbrook SINGAPORE (Reuters) -Decades-long foreign bullishness on China’s capital markets is breaking down, investment flows and interviews with fund managers suggest, with a new era of uncertainty fuelled by geopolitical risks and U.
Singapore announces new property cooling measures, additional buyer’s stamp duty doubled to 60% for foreigners | Video
Teck, senior director and head of research at Huttons Asia, about the additional buyer’s stamp duty announced by the government on Wednesday (Apr 26) night for foreigners and Singaporeans buying their second or subsequent residential property.
New property cooling measures: Analyst Lee Sze-Teck on its impact and what’s fuelling the growth of Singapore home prices? | Video
Singapore announced new property cooling measures, including a doubling of additional buyer’s stamp duty for foreigners buying any property in the country from Thursday (Apr 27). One analyst told CNA when we would see the impact of the latest round of measures,
Snap Insight: Latest round of Singapore property cooling measures perplexing in sluggish economy
Higher mortgage rates, property tax and inflation have already caused home buyers and investors to hold back – so why another round of cooling measures? Real estate consultant Ku Swee Yong weighs in.