“Firstly, expatriate numbers in Singapore have stabilised recently, which has curbed demand for rental property in popular expatriate neighbourhoods. Furthermore, improved transport links in Singapore have led to movement away from historically popular ... ( read original story ...)
Hong Kong to return armored troop carriers to Singapore
(CNN)Hong Kong is returning nine armored troop carriers to Singapore that have been impounded since November, when they were seized by customs officials on the way back from training exercises in Taiwan. At the time, local media reports suggested the ... ( read original story ...)
Chart of the Day: Singapore banks' NPL ratios higher than their global peers'
OCBC has the highest proportion of overseas NPLs. According to Moody's Investors Service, driven by the Singapore banks' diverse geographic mix, particularly in higher risk markets in other parts of Southeast Asia and Greater China, the banks’ NPL ratios ... ( read original story ...)
'Inflated' condo loans: UOB drops suit against some
There has been a significant development in the civil suit that United Overseas Bank (UOB) took out against developer Lippo Marina Collection (LMC) and seven individuals. UOB has dropped five defendants from its suit - over allegedly inflated loans to ... ( read original story ...)
Hong Kong to return Singapore's seized troop carriers, easing tensions
SINGAPORE Hong Kong said on Tuesday it would release the nine Singaporean armored vehicles it seized in November on their way home from military exercises in Taiwan, easing tensions between China and Singapore. After the troop carriers had been seized ... ( read original story ...)
State of LTE in Singapore
Singapore continues to have one of the fastest 4G LTE speeds in the world. It narrowly beat South Korea with an average download speed of 45.9Mbps, according to tech start-up OpenSignal's latest global LTE report, based on measurements from last July to ... ( read original story ...)
Singapore: Unlikely Power
Editor’s Note: The following was adapted from Singapore by John Curtis Perry with permission from Oxford University Press USA. Copyright © 2017 Oxford University Press and published by Oxford University Press USA (www.oup.com/us). All rights reserved. ( read original story ...)
A former regulator talks speed and special interests in the stock market
Market prices are not less reliable, and trading continues as before with the exception that brokers and their investor customers can now choose a stock exchange that puts their interests first. In fact, publicly available trade data shows that IEX ranks ... ( read original story ...)
Win Streak May End For Singapore Stocks
(RTTNews.com) - The Singapore stock market has finished higher now in three straight sessions, gathering more than 25 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,025-point plateau, although investors may cash in ... ( read original story ...)
Home prices in Singapore now more affordable, according to study
Singapore homes recorded a slight decline in their median price last year, according to the 13th Annual Demographia International Housing Affordability Survey. In 2016, the home price here was 4.8 times the median annual pretax household income. While this ... ( read original story ...)
High-end rental homes: Singapore falls to 7th most expensive in Asia from 4th
expatriate numbers in Singapore have stabilised recently, which has curbed demand for rental property in popular expatriate neighbourhoods. "Furthermore, improved transport links in Singapore have led to movement away from historically popular districts ... ( read original story ...)
Singapore stocks need a dose of optimism
Expectations were low for Singapore stocks as 2017 began, which could present opportunities if circumstances and sentiment improve, the Singapore Exchange (SGX) said on Monday. Earnings multiples, fund flows and weak Asian currencies against the US dollar ... ( read original story ...)
Hong Kong to Release 9 Seized Singapore Troop Carriers
Nine armored personnel carriers belonging to Singapore that were seized in the Chinese territory of Hong Kong will be returned, officials said Tuesday. The Singapore Ministry of Foreign Affairs said Prime Minister Lee Hsien Loong received a letter from ... ( read original story ...)
DBS : launches first-of-its-kind online Letter of Credit service
DBS has launched a new service that allows SMEs to apply for a Letter of Credit (LC) online within five minutes and have it issued within two business days. A first in Singapore, the service makes it simpler and faster for SMEs to apply for trade finance ... ( read original story ...)
Singapore, Cambodia Say Sand Exports Have Stopped
The controversial exporting of Cambodian sand to Singapore has finally—if temporarily—been stopped, according to officials from the two countries, amid long-running criticism over discrepancies in shipment records and environmental damage. A Singapore ... ( read original story ...)
Singapore's AFC Asian Cup qualifying draw
The Lions' AFC Asian Cup qualifying campaign will begin on 28 March with an away against Bahrain. Singapore will take on Bahrain, Turkmenistan and Chinese Taipei in Group E in the Final Round of the 2019 Asian Football Confederation (AFC) Asian Cup Qualifiers. ( read original story ...)