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Month: May 2023

Posted on 12/05/2023

Singapore central bank chief Menon re-appointed for 2 more years

SINGAPORE (Reuters) -Singapore's central banker Ravi Menon has been re-appointed in his role for another two years, the Monetary Authority of Singapore (MAS) said on Friday. Menon's term as managing ...

Posted on 12/05/2023

Singapore’s new property tax won’t hurt these foreign buyers

Property buyers of certain nationalities including the US are exempt from Singapore’s recent tax hike for foreigners.

Posted on 12/05/2023

Singapore-registered ship drifting in New Zealand waters after losing power, rescue efforts under way

A Singapore-registered vessel sent out a distress call on Friday morning after it lost power and started drifting in New Zealand waters – its third breakdown in less than a year. Rescue efforts by the ...

Posted on 12/05/2023

UFC Gym eager to re-enter Singapore market after sudden closure of franchise: CEO

SINGAPORE: UFC Gym is "very eager" to re-enter the Singapore market and will "do our best" to provide concessions to customers impacted by the sudden closure of its franchise in the country, CEO Adam ...

Posted on 12/05/2023

Galp, Singapore’s TES Join Forces on Lithium-Ion Battery-Materials Recycling

By Pierre Bertrand Galp Energia said late on Thursday that it and Singapore-based battery recycling company, TES, will jointly work together on the ...

Posted on 12/05/2023

Pros and Cons of Paying Off Your Mortgage Early

Does it make financial sense to make full payment of mortgage loan in Singapore ahead of schedule? Learn the pros and cons of paying off your mortgage early. ( read original story ...)

Posted on 12/05/2023

Expert warns of higher cost of doing business in Singapore because of ABSD rate hike

Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%. The government’s move to increase the Additional Buyer Stamp Duty (ABSD) for purchasing property may ...

Posted on 12/05/2023

Commercial property: Hong Kong, Singapore only bright spots as rising interest rates kill off deals across Asia-Pacific

The rival business hubs both saw their deal values increase on a quarterly basis, defying a regional rout in investment amid rising financing costs In other major property markets in the region such ...

Posted on 12/05/2023

Singapore clinches two gold medals on first day of SEA Games fencing competition | Video

Singapore’s fencers started their SEA Games campaign by sweeping both gold medals on offer on the first day of the competition, with wins by Juliet Heng in the women’s individual sabre and Sito Jian ...

Posted on 12/05/2023

Singapore police’s counter-drone system scans skies to keep major events safe

Newly commissioned Tactical Strike Vehicles will also be deployed in public security and public order incidents.

Posted on 12/05/2023

World Blockchain Summit Returns to Singapore: Bringing Together Global Crypto Leaders and Innovators

World Blockchain Summit Returns to Singapore: Bringing Together Global Crypto Leaders and Innovators Scheduled for 13,14 July 2023, The World Blockchain Summit Singapore aims to bring together ...

Posted on 12/05/2023

Crypto Expo Asia announces 2023 speakers and partnerships with major crypto industry associations — and we’ve got all the deets

If you’ve got a foot in the crypto-sphere, by this point you’ll probably have heard of Crypto Expo Asia, one of the region’s largest crypto events. The follow-up to the Crypto Expo Dubai which took ...

Posted on 12/05/2023

HSBC’s Focus in the Asia Region Aids, Rising Expenses Ail

HSBC is poised for growth driven by a focus on Asia, global restructuring initiatives and a solid capital position. However, macroeconomic uncertainties and rising costs pose headwinds.

Posted on 11/05/2023

Singapore lays out plans for passport-free contactless biometric in-car border checks

Singapore’s Immigration and Checkpoints Authority (ICA) is to implement an upgraded version of the contactless biometric automated in-car clearance system (APICS) that it began testing using a ...

Posted on 11/05/2023

Singapore Says It Will Take More Property Measures If Needed

Singapore authorities will take further steps in the property market if necessary to promote a “stable and sustainable” market, the Ministry of National Development said.

Posted on 11/05/2023

Billionaire Wee Cho Yaw’s UOB To Tap Southeast Asia’s Growth With Expanded Regional Franchise

United Overseas Bank is stepping up competition across Southeast Asia as the Singapore lender taps its expanded retail banking customer base following the acquisition of Citigroup’s credit card ...

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