Despite prices almost doubling over the past decade—from around $800 to $1,500 psf—executive condominiums (ECs) remain one of Singapore’s most sought-after property types. A recent study by NUS’s …
Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case
Wilmar International, the Singapore-based agrifood giant, has handed over 11.9 trillion Indonesian rupiah ($729 million) to Indonesia as a “security deposit,” related to misconduct allegations over palm oil export permits.
Singapore private club 1880 abruptly shuts down as financial troubles mount
In an email announcement sent to members posted on LinkedIn by Singaporean entrepreneur Chris Reed, the club said that it will cease all operations immediately as of 17 June and that the holding …
Billionaire Brothers’ IOI Properties Explore Options For Singapore, Malaysia Assets
IOI Properties—controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng—is weighing options on how it could monetize almost $9 billion of real estate in Singapore and Malaysia.
Axiata Sells Myanmar Tower Business for USD90 Million
EDOTCO Singapore is the investment holding company for EDOTCO Group’s interests in Myanmar, including the management of EDOTCO Myanmar Limited. EDOTCO Myanmar is the country’s third-largest …
Bilateral ties in ‘excellent shape’ as Singapore, Indonesia expand cooperation
SINGAPORE] Bilateral relations between Singapore and Indonesia are in “excellent shape”, and both countries seek to “chart even stronger ties in this new era of cooperation”, said Prime Minister …
Trade worries drag Singapore’s home sales to 5-month low
The sluggish performance is set to continue, with one recent project selling fewer than 10 per cent of the apartments on offer at launch.
Why India’s top dealmakers are making 37% more than those in Singapore
Senior dealmaker in India are outearning their peers in Singapore and Hong Kong, as global firms boost salaries to secure top talent in the world’s fastest-growing major economy.
Singapore and Indonesia strengthen economic ties amid global uncertainty
SINGAPORE: Singapore and Indonesia have reaffirmed their commitment to strengthen economic ties at a high-level bilateral meeting held in Singapore on Sunday (June 15).
Indonesian president Prabowo Subianto to make two-day state visit to Singapore
The visit from Jun 15 to Jun 16 is Mr Prabowo’s first to Singapore as president. He will meet with Prime Minister Lawrence Wong for the Singapore-Indonesia Leaders’ Retreat.