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Month: August 2024

Posted on 18/08/2024

Singapore court allows trustee to recoup S$1.18mil in income that was overpaid to trust beneficiaries

SINGAPORE: For almost two decades, many descendants of a wealthy Arab trader who lived in Singapore in the early 1900s received more money than they should be getting from the family trust he set up.

Posted on 18/08/2024

Singapore police crack down on surge in housebreakings in affluent neighbourhoods linked to Chinese syndicates, on the hunt for 14

Singapore police reported yesterday that the recent rise in housebreaking cases at private residential estates seems to be the work of foreign ...

Posted on 18/08/2024

Singapore releases new salary benchmarking for foreign workers

The benchmarks are derived from Manpower Research and Statistics Department’s annual Comprehensive Labour Force Survey.

Posted on 18/08/2024

Chinese nationals linked to foreign crime rings behind wave of burglaries in Singapore

The suspects, believed to be transient travellers, operate in small groups and would break into residences by scaling the perimeter walls or fences.

Posted on 18/08/2024

Singapore looking to develop healthier rice varieties with the Philippines

MANILA: Singapore is looking to work with the Philippines to develop rice varieties that are more resistant to droughts and floods, and are also healthier to tackle a diabetes epidemic sweeping across ...

Posted on 18/08/2024

How did Singapore achieve a home ownership rate of 90 per cent? Can Australia learn anything from it?

Singapore's home ownership rate jumped from 30 to 90 per cent over two decades. Many of its land and housing policies align with the ideas of Henry George.

Posted on 18/08/2024

Genting Singapore First Half 2024 Earnings: EPS: S$0.03 (vs S$0.023 in 1H 2023)

EPS: S$0.03 (up from S$0.023 in 1H 2023). Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in ...

Posted on 18/08/2024

Singapore strengthens security in finance sector

The Monetary Authority of Singapore (MAS) has cooperated with banks to seek solutions on quantum security in finance sector.

Posted on 18/08/2024

Gain up to 3.60% interest! Best fixed deposit rates in Singapore for Aug 2024

SINGAPORE: If you’re looking to make the most of your savings this August, here are the best-fixed deposit rates in Singapore, according to MoneySmart. To earn up to 3.60% interest, here’s a rundown ...

Posted on 18/08/2024

4 Singapore blue-chip winning stocks to boost dividends this earnings season

SINGAPORE: This earnings season, investors closely monitor Singapore’s blue-chip winning stocks for their stability and... The post 4 Singapore blue-chip winning stocks to boost dividends this earning ...

Posted on 18/08/2024

Singapore Police Force to increase measures like patrols, cameras, drones against housebreaking

The Singapore Police Force is increasing security measures such as added patrols, cameras and the use of drones in private estates across Singapore. This comes after a recent spate of housebreaking ...

Posted on 17/08/2024

Singapore: DBS Bank Unveils First Multi-Currency Commercial Debit Card

Singapore’s DBS Bank, in partnership with Visa, unveiled its first multi-currency commercial debit card, the DBS Business Advance+ Card (BAC+), designed to bolster the financial operations of ...

Posted on 17/08/2024

Singapore Addresses Concerns About $1.7 Billion Allianz Deal

(Bloomberg) -- Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the ...

Posted on 17/08/2024

Housebreaking syndicates broke into 10 landed homes in Singapore since June and stole S$3.85mil: Police

SINGAPORE: International criminal syndicates have been breaking ... Long also faces one charge of fraudulent possession of property. The third individual – Wu Jinxing, 27 – is facing one charge of ... ( read original story ...)

Posted on 17/08/2024

Special Economic Zone may help stem exodus of Malaysians seeking work in Singapore: Johor chief

Johor's chief said that salary was among the main reasons for people to seek employment in Singapore. Read more at straitstimes.com.

Posted on 17/08/2024

Singapore private residential stock up 0.4% to 412,002 units in Q2

Three 99-year leasehold condominium projects developed on government land sales (GLS) sites—namely, Clavon at Clementi Avenue 1 (640 units), Midtown Bay on Beach Road (219 units), and One-North Eden ...

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