SINGAPORE (Reuters) - Members of the Association of Southeast Asian Nations (ASEAN) are confident of their economic growth outlook despite rising global trade tensions, Singapore Finance Minister Heng Swee Keat said on Friday. Heng’s comments at the end ... ( read original story ...)
5 Largest REITs in the Singapore Stock Market
Real estate investment trusts (REITs) are popular among Singaporeans. REITs are obliged to distribute at least 90% of their taxable income to enjoy tax benefits. Therefore, by investing in REITs, investors can receive regular distributions, usually on a ... ( read original story ...)
Buying Property In Singapore: Beginners Guide For Citizens and Foreigners
then looking for alternative sources of finance would have to come in hand. Some of the notable sources of funding for property purchases in Singapore are Cash, CPF savings, and Bank Loan To be able to use CPF savings in property purchase one must first ... ( read original story ...)
Singapore regulator says Uber app to delay shutdown amid competition review
SINGAPORE (Reuters) - Singapore’s competition watchdog said Uber will delay the ride-hailing app’s shutdown in the city-state by a week to April 15. Uber was initially set to end its services by April 8 in Singapore after a deal to sell its Southeast ... ( read original story ...)
Finance manager jailed for 11 years for siphoning $3.2 million from employer
SINGAPORE - A finance manager was trusted by his boss so much that he was given pre-signed cheques to settle payments. But Gene Chong Soon Hui abused his superior's trust and siphoned about $3.2 million of the firm's money by entering his own name on the ... ( read original story ...)
Meet the Russian risk takers making safe Singapore their home
“It is crucial to be neutral. It is a value that allows people to use Singapore as a base to do global business, even in times of calamity,” says Beloussov, who came to Singapore in 1994 when the electronics company he co-founded was dealing with ... ( read original story ...)
India, Singapore to explore new areas of cooperation during Modi visit
SINGAPORE: India and Singapore will explore areas of further cooperation and take stock of progress of their strategic partnership during Prime Minister Narendra Modi's June visit here. "It would be a good opportunity for both sides to take stock of the ... ( read original story ...)
Singapore a Global Innovation Champion, Says CTA
ARLINGTON, Va.--(BUSINESS WIRE)--A new global ranking from the Consumer Technology Association (CTA) identifies Singapore is one of 13 countries earning the designation of 2018 Innovation Champion. CTA’s inaugural Innovation Scorecard identifies ... ( read original story ...)
Meet Singapore’s cryptocurrency czars
Their combined token sales proceeds hit US$381.42m in 2017. Singapore Business Review rounded up the biggest initial coin offering (ICOs) raised in Singapore last 2017. Based on our compiled list, these major deals hit a whopping US$381.42m in total ... ( read original story ...)
Take a trip to Airbnb’s Singapore HQ, where staff can holiday during meetings and lunch is always free
But despite scaling up to a team of more than 3,100 employees worldwide, those homely roots are still a part of the business today. Just take its Singapore headquarters as an example. Situated in the middle of the city-state's central business district ... ( read original story ...)
Singapore shares drop at Friday’s open; STI down 0.43%
SINGAPORE - Singapore stocks opened lower on Friday (April 6) after US President Donald Trump ordered his administration to consider imposing a further US$100 billion of tariffs on Chinese imports. The Straits Times Index was trading 0.43 per cent or 14.74 ... ( read original story ...)
Singapore stocks resumes afternoon trading with STI up 0.6%
SINGAPORE - Singapore stocks resumed trading on Friday afternoon (April 6) in positive territory, with the Straits Times Index rising 0.62 per cent or 21.16 points on the day to 3,426.81 as at 1.01pm. The benchmark was up 1.92 points against its level of ... ( read original story ...)
Broadcom completes move to U.S. from Singapore
(Reuters) - Broadcom Inc (AVGO.O) said on Wednesday it had completed its move back to the United States from Singapore, weeks after President Donald Trump blocked its $117 billion offer to buy Qualcomm Inc (QCOM.O) on national security grounds. Broadcom ... ( read original story ...)
StarHub switches on gigabit LTE with Nokia
StarHub has announced activating what it called the "first commercially ready" gigabit-speed LTE mobile network in Singapore, as well as enabling narrowband Internet of Things (NB-IoT) capabilities. The network is available across Marina Bay, the CBD ... ( read original story ...)
Singapore Technologies Engineering Ltd’s Opportunities With Autonomous Vehicles
Singapore Technologies Engineering Ltd (SGX: S63) is a large engineering conglomerate with four main business segments, namely, Aerospace, Electronics, Land Systems, and Marine. In late March, ST Engineering published its annual report for the year ending ... ( read original story ...)
Singapore seen poised for first monetary policy tightening in six years
SINGAPORE (Reuters) - Singapore’s central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth seen solid enough to shift away from a stance associated with periods of acute weakness. Twelve of 19 ... ( read original story ...)