SINGAPORE — Individuals looking to apply for permanent residency (PR) under an investment programme will soon be required to invest much higher amounts in Singapore, as part of changes announced on ...
Singapore raises minimum investment sums for ultra-rich seeking permanent resident status
INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those ...
Singapore raises permanent residence threshold for ultra-rich
Singapore is increasing the threshold for global investors seeking permanent-resident status in an attempt to create more jobs and benefits locals due to an influx of wealth. Applicants will need at ...
Binance to revive bid for Singapore crypto permit -Nikkei
Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported on Thursday, citing executives from the unit.
ITE to offer work-study diploma in agriculture & aquaculture technology from Apr. 2023
The Institute of Technical Education (ITE) is launching a new work-study diploma in agriculture and aquaculture technology in April 2023. This is part of the government's plan to build the manpower ...
Singapore launches $125 million coastal research programme
It will aim to develop innovative, sustainable and smart solutions for Singapore’s urban and land-squeezed environment. Read more at straitstimes.com.
Higher investment quantum among changes to scheme that grants PR status to eligible investors
The changes to the Global Investor Programme (GIP) will help to strengthen support for local start-ups and create more jobs, said the Economic Development Board.
Venture funding for Singapore start-ups weakens in 2022
The data raises concerns over the potential for a further slowdown in venture funding this year. Read more at straitstimes.com.
Singapore supermarkets to start charging for disposable carrier bags from 3 July
The move for most supermarkets to charge shoppers at least 5 cents for each disposable carrier bag will begin on 3 July.
Singapore charity urgently sends $1m in funds to Turkish aid group to help quake victims
A local charity group has sent about $1 million to a Turkish humanitarian aid organisation to ensure quake victims get immediate access to shelter, hot meals and winter clothing. Read more at ...
Singapore’s online portal PropertyGuru remains in the red even as fourth quarter revenue jumped
PropertyGuru stays in the red for the fourth quarter of 2022, after slipping from a net profit position in the second quarter. ( read original story ...)
Singapore ranks 6th for luxury home sales in 2022: Knight Frank
Knight Frank expects a 4 per cent increase in prime residential prices in Singapore. Read more at straitstimes.com. ( read original story ...)
Singapore is 6th top market for super and ultra-prime properties
Singapore ranked 6th amongst the top markets for prime, super-prime and ultra-prime properties globally, according to a report by Knight Frank. The Lion City, alongside Hong Kong, were the only two ... ( read original story ...)
3 years’ jail for ex-property agent who made off with client’s money and caused over $1m loss
SINGAPORE - A property agent, engaged to help in the purchase of a condominium unit, misappropriated nearly $600,000 of her client’s money meant for parties including the property developer. This led ... ( read original story ...)
Singapore golf tournament cancels pro-am event after 200mm of rainfall overnight
Continuous rain was observed over several areas in Singapore overnight, with temperatures in the morning dropping to as low as 21.1 degrees Celsius.
CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies
In addition, Wee has a deemed stake in another 173.7 million shares. The two stakes give him a total deemed interest of nearly 177 million shares, equivalent to 10.57%. The last time Wee bought from ...