With an estimated net worth of $10.1 billion, Saverin, 35, edged past property siblings Robert & Philip Ng, who have occupied the top spot as Singapore’s richest since 2010 and have an estimated fortune of $10 billion. A Singapore resident since 2012 ... ( read original story ...)
Singapore residential or commercial property market: Prepare yourself for the upturn
However exactly how big will the influence be, truly? Assuming the Sibor climbs by 200 basis indicate 3 per cent, monthly mortgage repayments for an owner of a second residence worth S$ 1 million will certainly increase from about S$ 1,750 to S$ 2,300 each ... ( read original story ...)
Singapore to redevelop Dakota Crescent: MND Minister Lawrence Wong
HDB flats will be built, whilst the central courtyard will be retained. One of Singapore's first housing projects, Dakota Crescent, will be developed by Singaporean authorities, Minister for National Development Lawrence Wong said. According to a Facebook ... ( read original story ...)
ITE students get training to teach financial planning to fellow students
Another 30 are expected to be trained next year. The ITE project is a spin-off of a financial literacy programme that Citibank Singapore and SMU have been running since 2012 to teach young people how to manage their money. The trainers' programme started ... ( read original story ...)
Netball: Singapore finish third in Nations Cup, Cook Islands emerge as surprise champions
SINGAPORE - The national netball team concluded their 2017 Mission Foods Nations Cup on a high with a 60-41 win over Ireland to finish in third place at the OCBC Arena on Saturday (Dec 9). Singapore had lost 53-54 to Ireland in their first match of the ... ( read original story ...)
Seven Indian bankers in Singapore you need to know about
Banks in Singapore have turned to the subcontinent to plug skill shortages in technology and to help expand their Indian coverage desks in private banking, for example. But it’s not just in wealth and tech where Indians are playing leading roles in ... ( read original story ...)
Brace yourselves for a slower export momentum in 2018
Citi projected a decline in export growth from 4.9% this year to 2.6% next year. Singapore's export momentum is likely to slow down, but its growth is expected to broaden to areas beyond technology, Citi Research revealed. Citi forecasted a 4.9% real ... ( read original story ...)
Singapore Bank Stocks: Time to Buy?
Analyst Krishna Guha has upgraded all three lenders to buy given the narrative of synchronized global growth and improving trade. Guha expects loan growth to pick up further in 2018, while margins may also pick up: Loan growth for the three banks has ... ( read original story ...)
NTU Singapore to Fly Drones Further and Safer Using 4.5G Mobile Phone Network
M1 Chief Operating Officer Patrick Scodeller, M1 Chief Technical Officer Denis Seek and NTU ATMRI Director Prof Duong and NTU Prof Low Kin Huat with the custom drone built by NTU which can be controlled through M1’s 4.5G mobile network. NTU ATMRI ... ( read original story ...)
NTU Singapore uses 4.5G mobile phone network for drone traffic management
Researchers from Nanyang Technological University, Singapore (NTU Singapore) has embarked on a research project which uses existing high-speed mobile phone networks to track and control drones. In collaboration with a leading telecommunications company, M1 ... ( read original story ...)
Educators From Singapore and India Collaborate to Raise Standards of Teaching in Karnataka
Three-year partnership brings together educators from Singapore and India, potentially benefiting up to 700 teachers and 5,250 school children in Bangalore The Singapore International Foundation (SIF) and the Parikrma Humanity Foundation has launched a ... ( read original story ...)
New virtual telco Zero Mobile to launch with unusual promotion
SINGAPORE - A new virtual mobile telco is setting up shop in Singapore with an unusual proposition to consumers - it charges more for mobile services than its competitor but lets subscribers lower their bill cost if they refer others. Zero Mobile ... ( read original story ...)
Singapore’s ComfortDelGro buys majority stake in Uber unit
(Reuters) - Singapore's top taxi operator ComfortDelGro Corp (SES:C52.SI - News) will buy a 51 percent stake in a unit of Uber [UBER.UL] that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab. ( read original story ...)
Airbnb pushes back on Singapore’s tough home rental rules
SINGAPORE (Reuters) - Short-term home rental service Airbnb on Friday called Singapore’s regulatory framework “untenable” as authorities said they planned to hold discussions with home-sharing platforms and resident groups soon on how such ... ( read original story ...)
The Singapore Stock Market Today: ComfortDelGro Corporation Ltd Inks Deal with Uber
Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended the day at 3,424.64 points, up 36.5 points or 1.08%. In all, there were 238 gainers to 179 losers. ( read original story ...)
These are the Real Implications Of The Impending Tax Hike In Singapore
The ministry of finance has subsequently issued a statement titled ... It’s useful to remember that Singapore has a balanced budget. This implies that revenues must be equal to or exceed expenditure. In fact, by adopting a prudent spending policy ... ( read original story ...)