These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors? The post 4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain? ( read original story ...)
Singapore lender UOB’s Q1 net profit leaps 74% to record $1.2 bln
Singapore's United Overseas Bank reported on Thursday a 74% surge in net profit in the first quarter from a year earlier on the back on strong net interest and non-interest income growth.
35% of Singapore residents surveyed not keen on more COVID-19 jabs; doctors say relaxed attitude worrying
Even among those in the higher risk groups, a majority no longer views COVID-19 as a major threat, the survey showed.
Investing in Singapore Exchange (SGX:S68) five years ago would have delivered you a 48% gain
For example, the Singapore Exchange Limited (SGX:S68) share price is up 24% in the last 5 years, clearly besting the market decline of around 28% (ignoring dividends). However, more recent returns ...
Jack Ma, Singapore Invest in MassMutual Asia
Alibaba Founder's financial services business Yunfeng Financial, Singapore's sovereign wealth ... by Ma and in which Yunfeng is also an investor, will own the remaining 40%.
Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%
Singapore is raising property taxes in a bid to cool the housing market, which has defied the slump afflicting other countries.
Singapore hikes property stamp duties to cool property market
Singapore raised taxes on private property purchases in a surprise move late on Wednesday night that includes a doubling of stamp duties for foreigners to an eye-watering 60%. Authorities in Singapore,
Singapore Increases Property Stamp Duties to Cool Property Market
Singapore's government announced late on Wednesday it will raise stamp duties to cool the property market. The revised rates, which apply to citizens, permanent residents and foreigners, will take ... ( read original story ...)
Singapore announces new property cooling measures, additional buyers’ stamp duty doubled to 60% for foreigners
SINGAPORE: The government announced new property cooling measures on Wednesday (Apr 26), increasing the additional buyer’s stamp duty (ABSD) rates. The highest increase will apply to foreign buyers ... ( read original story ...)
Singapore introduces new round of property cooling measures; ABSD for foreign buyers doubles to 60%
The government is levying higher ABSD (Additional Buyers' Stamp Duty) rates, in a bid to cool the property market that remains firm even with a dimmer economic outlook.“The revisions to the ABSD rates ... ( read original story ...)
Iras to reward whistle-blowers on private property deals exploiting ‘99-to-1’ loophole to evade ABSD
This is not the first time Iras has offered the reward for information on tax avoidance or evasion. Read more at straitstimes.com. ( read original story ...)
Singapore startup Albatroz wins financing to develop solid tumour drugs
As Singapore’s pharmaceutical industry gains investment, Albatroz completes financing round to further its monoclonal antibody therapies.
Singapore executes man on pot charge
Singapore on Wednesday executed a man accused of coordinating a cannabis delivery, despite pleas for clemency from his family and protests from activists that he was convicted on weak evidence.
Stay defensive on Singapore stocks as outlook dims, says RHB
RHB Bank Singapore is recommending investors to “stay defensive” on Singapore equities, given the struggle to find a clear direction amidst broader macro uncertainties.
Singapore emerges top capital source from Asia-Pacific to the US, driven by M&A deals by GIC: Knight Frank
US$12.5 billion was invested in the US and Canada, which accounted for 90% of the total Asia-Pacific capital inflow. Read more at straitstimes.com.
Singapore Shares May See Further Damage On Wednesday
The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 ...