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Month: June 2023

Posted on 08/06/2023

Purchases of private flats by foreign buyers down 50% after new tax was imposed

SINGAPORE: A higher property tax for foreigners imposed in April has already resulted in a plunge in foreign buyers. The government announced on the evening of April 26 that stamp duties for ...

Posted on 08/06/2023

Shopping in Singapore? Check Out These Amazing BNPL Apps that are Revolutionizing Retail Financing

With the rise of e-commerce and the desire for flexible payment options, several innovative BNPL apps have emerged in Lion City. In this article, we will explore the top five BNPL apps in Singapore: ...

Posted on 08/06/2023

Singapore bids farewell to horse racing to free up land for housing

City-state is to close its only turf club in order to redevelop 120-hectare site for public housing amid declining popularity of the sport ... ( read original story ...)

Posted on 08/06/2023

StanChart trimming roles as part of cost cuts – Bloomberg News

Standard Chartered is starting to lay off employees across its Singapore, London, and Hong Kong hubs as part of its existing plan to cut costs by more than $1 billion through 2024, Bloomberg News ...

Posted on 08/06/2023

StanChart Trimming More Than 100 Roles as Part of Cost Cuts

Standard Chartered Plc is embarking on selective lay-offs of employees across its Singapore, London and Hong Kong hubs, part of the Asia-focused lender’s existing plan to cut costs by more than $1 ...

Posted on 08/06/2023

Winklevoss twins look to expand their crypto business in Singapore amid US crackdown

The billionaire twins, who founded crypto exchange Gemini, have applied for a major payment institution licence in Singapore. Read more at straitstimes.com.

Posted on 08/06/2023

Singapore High Commissioner to Malaysia condemns comedian Jocelyn Chia’s act

Singapore's High Commissioner to Malaysia has condemned comedian Jocelyn Chia for making offensive comments about Malaysia during a stand-up show in New York.

Posted on 08/06/2023

Singapore High Commissioner to Malaysia apologises for comedian Jocelyn Chia’s ‘gratuitously offensive’ MH370 joke

Singapore’s High Commissioner to Malaysia today apologised to Malaysians for the “gratuitously offensive comments” about the country — ...

Posted on 08/06/2023

Singapore sorry for offence caused to Malaysians by comedian Jocelyn Chia

SINGAPORE: Singapore is sorry for the offence and hurt caused to all Malaysians over statements made by the comedian Jocelyn Chia, Foreign Minister Vivian Balakrishnan said on Thursday (Jun 8).  Singa ...

Posted on 08/06/2023

4 Singapore REITs That Pay a Sustainable Yield of 4.9% or More

Not only do they represent a tangible return on your investment, but they are also not taxed in the ... it must be sustainable rather than merely high. Here are four Singapore REITs that pay out a ...

Posted on 08/06/2023

Singapore banks are so flush with deposits that DBS loaned MAS $30 billion

Singapore banks chalked up the largest “excess” since 2020 as deposit growth outstripped loan growth, Fitch Ratings said. Read more at straitstimes.com.

Posted on 08/06/2023

Singapore Apartments for Rent Under S$3,000 Are Disappearing

Median rent for an apartment jumped to S$4,400. Tenants on a tight budget may also have to look outside the central areas. Singapore is 710 square kilometers (274 square miles). Rental demand stems ...

Posted on 08/06/2023

Best Credit Card Promotions in Singapore (Jun-Sep 2023): Citibank, DBS, HSBC, UOB, and More

But which are the best credit card promotions in Singapore? Here are our picks from Citibank, Standard Chartered, UOB, DBS, and more. Citibank S$300 cash, Nintendo Switch OLED, Sony WH-1000XM5 ...

Posted on 08/06/2023

How Singapore intends to harness AI for the public good

Mrs Josephine Teo spells out how the Government plans to tap AI's potential while setting up guardrails for its use. Read more at straitstimes.com.

Posted on 08/06/2023

15 Father’s Day 2023 Deals and Promotions for Every Kind of Dad

Are your Father’s Day plans as empty as your wallet? We hear you. Here are the best promotions and deals for activities, meals, and gifts this Father’s Day.

Posted on 08/06/2023

Crypto this Wednesday: Circle Singapore Gets License From MAS, Mint Square Shuts Down Services, and More

US hearing to discuss future of cryptocurrencies, regulatory clarity The US House of Representatives Financial Services Committee has scheduled a hearing to discuss the future of cryptocurrencies and ...

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