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Month: April 2023

Posted on 27/04/2023

Singapore executes man for helping buy 2 pounds of cannabis

Singapore has executed a man accused of coordinating a cannabis delivery, despite pleas for clemency and protests that he was convicted on weak evidence

Posted on 27/04/2023

Singapore executes marijuana trafficker amid international outcry

Singapore put a convicted drug trafficker to death Wednesday after the city-state defended its hard-line approach to narcotics offenses from international critics.

Posted on 27/04/2023

Odyssey of a 90-Year-Old from Israel, the United Kingdom, Australia and Singapore

Having reached an advanced age and living in full retirement, Peter Ellinger has written his Memoirs. His odyssey chronicles his journey from Israel, taking him around the world to the UK, New Zealand,

Posted on 27/04/2023

UPDATE 1-Shares of Singapore property firms slip on surprise tax hike

Shares of Singapore property companies fell on Thursday after the government raised taxes on private property purchases, including doubling stamp duty for foreigners.

Posted on 27/04/2023

Cooling ‘pre-emptive measure’ to dampen local & foreign property investment demand: Desmond Lee

Raise ABSD rate from 17 per cent to 20 per cent for Singapore citizens purchasing their second residential property Raise ABSD rate from 25 per cent to 30 per cent for Singapore citizens purchasing ...

Posted on 27/04/2023

Latest round of property cooling measures hits S’pore stock market

While property stocks were in the first line of fire, banks were also sold down. Read more at straitstimes.com.

Posted on 27/04/2023

Singapore hangs man for trafficking marijuana despite claims of weak evidence

Despite a plea for clemency, Tangaraju Suppiah was hanged after being sentenced to death in 2018 for trafficking of 2.2 pounds of marijuana.

Posted on 27/04/2023

Singapore executes man who allegedly conspired to traffic 2 pounds of cannabis

A man who allegedly conspired to traffic over two pounds of cannabis in Singapore has been executed. Some argue that the evidence for the crime was weak.

Posted on 27/04/2023

New property cooling measures: Analyst Lee Sze-Teck on its impact and what’s fuelling the growth of Singapore home prices? | Video

Singapore announced new property cooling measures, including a doubling of additional buyer’s stamp duty for foreigners buying any property in the country from Thursday (Apr 27). One analyst told CNA when we would see the impact of the latest round of measures, ( read original story ...)

Posted on 27/04/2023

ABSD hikes a pre-emptive move to dampen property investment demand, prioritise Singaporeans, says Desmond Lee

SINGAPORE - The new round of increases in Additional Buyer’s Stamp Duty (ABSD) rates are aimed at preemptively dampening investment demand and prioritising Singaporeans buying homes for owner-occupation, ( read original story ...)

Posted on 27/04/2023

ABSD raised to preemptively dampen property investment demand: Desmond Lee

In a joint statement late on Wednesday, the Finance Ministry, Ministry of National Development and MAS said the ABSD rate for foreigners buying any residential property will be raised from 30 per cent to 60 per cent – the highest increase. ( read original story ...)

Posted on 27/04/2023

5 in 10 small business owners in Singapore feel financially distressed

Business owners cited two main stressors. Small business owners in Singapore are more likely to experience work stress compared with their global peers, a survey from Xero showed. This is likely ...

Posted on 27/04/2023

5G on the high seas brings the Internet of Things to Singapore’s port

Inspection drones and telemedicine enabled by island-hopping hybrid network For years The Reg has heard how 5G's many features will profoundly change every industry under the sun. Yesterday we saw an ...

Posted on 27/04/2023

Singapore Lender UOB’s Q1 Core Net Profit Leaps 74% to Record $1.2 Billion

Singapore's United Overseas Bank reported on Thursday a 74% surge in core net profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth. The ...

Posted on 27/04/2023

Stock Market Live: Sensex, Nifty 50 likely to open with cuts

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 46 points or ...

Posted on 27/04/2023

Singapore lender UOB’s Q1 core profit leaps 74% to record $1.2 bln

Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.

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