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Tag: Singapore

Posted on May 1, 2023

Amid grim economic landscape, Singapore must have ‘something special’ to show it is a better bet, says its DPM

Singapore will find it harder to grow its economy and create jobs in an increasingly dangerous and troubled world, said Deputy Prime Minister Lawrence Wong on Monday.
Posted on April 30, 2023

Bangladesh crush Singapore to qualify for second round

Bangladesh qualified for the second round of the AFC Under-17 Women’s Asian Cup 2024 qualifiers with a commanding 3-0 win over hosts Singapore at …
Posted on April 30, 2023

Singapore ‘cautiously optimistic’ about economic prospects amid volatile global environment: PM Lee

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.
Posted on April 30, 2023

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 …
Posted on April 29, 2023

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.
Posted on April 28, 2023

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 …

( read original story …)



Posted on April 28, 2023

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.

( read original story …)



Posted on April 28, 2023

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.

( read original story …)



Posted on April 28, 2023

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.
Posted on April 27, 2023

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.

( read original story …)



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