SINGAPORE: In a move set to ease the financial burden on property owners, the Ministry of Finance has announced a revision to Singapore’s property tax system, expected to reduce taxes for the majority of owner-occupied homes in 2025.
Daily Cuts – Understanding Singapore’s income report
Andrea Heng and Hairianto Diman speak to Chuin Ting Weber, CEO and CIO, MoneyOwl, to get a closer examination of early findings from the annual data on Singapore’s resident labour force by the Ministry of Manpower.
Singapore could see more capital inflows in 2025 as Trump returns
The city is considered a safe haven for investors for its defensive market and good dividend yields. Read more at straitstimes.com.
DBS Hires Private Bankers for Rich Russians as Rivals Balk
DBS Group Holdings Ltd. has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction ...
Yangzijiang’s latest US$2.63 bil order win is ‘Christmas comes early’: DBS
DBS Group Research has described the latest order wins announced by Yangzijiang Shipbuilding as "Christmas came early", as it maintains its "buy" call and $2.88 target price on the stock.
Woman found dead in Dover flat; man who can help with police probe has left Singapore
SINGAPORE - The body of a 30-year-old woman was found inside an HDB flat in Dover on Monday (Dec 2). In response to queries from The Straits Times, the police said they received a call for assistance at around 5.
Singapore court restrains crypto litigation in Hong Kong
A Singapore court has restrained a BVI-incorporated company from pursuing litigation in Hong Kong against a US developer of stablecoins, finding the case should be heard in SIAC arbitration.
Construction yet to begin on Singapore’s 4th egg farm, which was scheduled to start operations in 2024
The amount of funds needed to complete the farm has now risen beyond S$110 million, from the initial projected cost of more than S$100 million.
JPMorgan Chase fined $1.8M for overcharging for bond trades by Singapore’s central bank
Singapore’s central bank said Monday it was fined JPMorgan Chase’s (NYSE:JPM) 2.4M Singapore dollars ($1.79M) for failing to detect and prevent misconduct by its relationship managers. The Monetary ...
Russia Seizes Ukraine Territory the Size of Singapore
It is believed that Ukraine will continue to experience some tough months ahead as Russian forces continue to make gains over the winter.
Singapore’s Fintech Firm WadzPay Reports SGD 50M Investment Commitment from GEM
WadzPay Worldwide, an innovator in the blockchain tech and financial services company, announced it secured a capital commitment of SGD $50M.
Singapore deepfake extortion plot could have sought to destabilise society, analysts say
Hostile actors could have assumed that with a general election nearing, Cabinet ministers - who were among those targeted - would be more willing to pay up, according to one observer.
Singapore’s energy sector set to offer unprecedented bonuses in 2025, transport firms drive salary boom
SINGAPORE: Employers in the city-state’s energy and utilities sector are poised to offer the most generous bonuses as the country heads into 2025, with all surveyed companies planning to provide at least one month or more in bonus payouts, according to a recent survey by recruitment agency ManpowerGroup published by the Business Times.
Singapore College Students’ Toughest Test Is Dodging Chinese Tourists
Universities draw gawking travelers, annoying scholars; ‘like observing zoo exhibits’ ...
Singapore central bank fines JPMorgan $1.8 million over misconduct by relationship managers
Singapore's central bank said on Monday it fined U.S. lender JPMorgan Chase S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers.
Top legislator receives United Overseas Bank leader in Singapore
Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Group Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official ...