Singapore, 6 December 2017 – PwC Singapore today released a set of recommendations which were provided to the Ministry of Finance and the Monetary Authority of Singapore for consideration in relation to the upcoming Singapore Budget 2018. “We must ... ( read original story ...)
Singapore’s demographic time bomb: Number of old people will match number of young for the first time next year, says UOB analyst
SINGAPORE (BLOOMBERG) - Next year marks an ominous turning point for Singapore's graying population, according to research by Francis Tan, an economist at United Overseas Bank. In 2018, the share of the population that's 65 years and older will match those ... ( read original story ...)
Two Singapore ‘Airbnb hosts’ charged for illegal home stays
Two men have been charged in Singapore for illegally renting out their homes for short-term stays via Airbnb, according to local media. It is the first known case of its kind since new laws against home sharing came into effect in June. Under the changes ... ( read original story ...)
Singapore will reach critical demographic crossroad in 2018, says UOB economist
SINGAPORE (BLOOMBERG) - Next year marks an ominous turning point for Singapore's graying population, according to research by Francis Tan, an economist at United Overseas Bank. In 2018, the share of the population that's 65 years and older will match those ... ( read original story ...)
Airbnb questions Singapore’s home sharing framework after duo charged for illegal condo rental
Terence Tan En Wei, 35, and Yao Song Liang, 34, are accused of renting out four different units at D’leedon Condominium via Airbnb without obtaining the relevant approval – the first such case in Singapore. In an email statement to Yahoo News Singapore ... ( read original story ...)
Singapore Property Bulls Ignore Central Bank’s Warning
Property stocks set for their best yearly gain since 2012 Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may ... ( read original story ...)
STAX outlines investment opportunities in Sri Lanka at Singapore business forum
STAX was recently invited by International Enterprise (IE) Singapore to brief Singaporean businesses on high-growth sectors in Sri Lanka, at a seminar entitled ‘Sri Lanka Investment Opportunities 2017’. IE Singapore is a government agency that promotes ... ( read original story ...)
How to keep a cool head in the sizzling property market
The en bloc fever has hit Singapore for a while now, but it’s showing no signs of abating just yet. But don’t get overly excited at the prospect of making a small windfall from an en bloc deal: various ministers and property analysts have been urging ... ( read original story ...)
Creative ways to announce pregnancy
The article was written in collaboration with POSB Smiley CDA to support parents in raising children in Singapore. Apply online for an account today! Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars ... ( read original story ...)
Singapore manufacturing PMI rises further in November
SINGAPORE:Singapore’s manufacturing and electronics PMIs ... The increased was forecasted on higher new orders, new export orders, output inventory, imports and employment indicators. This is consistent with the rebounding manufacturing PMIs seen ... ( read original story ...)
Stopping militancy spread in ASEAN a priority for Singapore: minister
SINGAPORE (Reuters) - Southeast Asian countries must step up their fight against religious militancy taking root in their region, including in Myanmar's troubled Rakhine State, Singapore's foreign minister said on Tuesday. The minister, Vivian Balakrishnan ... ( read original story ...)
Singapore stocks gain; OCBC, DBS Bank rise over 1%
Singapore stocks gained on Tuesday, led by lenders such as OCBC and United Overseas Bank amidst hopes of a major tax cut in the United States. Stocks in Asia traded mixed after gains spurred by the passage of the U.S. tax cuts in the Senate lifted equities ... ( read original story ...)
Keep cool in hot property market
Collective sale fever may be going strong, property prices are rising again and sales volumes are picking up, but regulators have given a clear warning that these signs may be more cause for caution than celebration. The Monetary Authority of Singapore ... ( read original story ...)
Financials May Boost Singapore Stock Market
(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had ended the two-day slide in which it had fallen almost 10 points or 0.3 percent. The Straits Times Index now rests just beneath the 3,440-point plateau ... ( read original story ...)
Singapore home loan rates starting to climb
All three local Singapore banks have raised their home loan rates as interest rates continue to spike, and mortgage advisers warn of more hikes to come. DBS Bank, OCBC Bank and United Overseas Bank (UOB), which collectively account for the lion's share of ... ( read original story ...)
Singapore manufacturing shows strong signs of broad-based growth
Singapore's manufacturers are set to end the year with a big bang, fuelled largely by the continued growth in electronics. Strong signs of expansion are also emerging in other segments of the manufacturing sector, said economists yesterday. The uptrend is ... ( read original story ...)