Singapore’s house prices rose by almost 20% (inflation-adjusted) from 2016 to 2021, after falling by almost 10% in the three years prior. In the first half of 2022, total home sales, which include new ... ( read original story ...)
DBS, The Sandbox partner to build sustainable metaverse space
Singapore-based DBS has collaborated with The Sandbox, a subsidiary of Animoca Brands, to venture into the metaverse space. ( read original story ...)
This Singapore Group Will Invest $100 Million Via Fund For Digital Assets
Singapore's Whampoa Group, a multi-family office with investments in global tech firms, aims to deploy about $100 million through a venture capital fund in start-ups in the burgeoning digital assets ... ( read original story ...)
Singapore’s Frasers Hospitality shareholders reject US$966.5 million take-private offer
Singapore's Frasers Hospitality Trust said on Monday a SUS$1.35 billion (US$966.49 million) proposal to take the trust private had fallen through as it failed to garner the required shareholder ... ( read original story ...)
Lawrence Wong explains why govt cannot rely on fluctuating property market as stable source of tax revenue
Increase in tax revenue collection not sustainable over long term. Deputy Prime Minister Lawrence Wong addressed questions on substantial tax revenue. PAP Member of Parliament Foo ... ( read original story ...)
Singapore’s New Work Visa For Skilled Workers Will Be Monitored: Minister
Singapore will put in place safeguards to ensure that a new work pass for top talent recruitment from around the world is not abused, Manpower Minister Tan See Leng assured Parliament on Monday. ( read original story ...)
Singapore hoping special work visa will draw global ‘rainmakers’
The regional financial hub announced new rules two weeks ago to draw expatriates earning at least $21,452 a month, offering them 5-year visas that would automatically allow their spouses to work also ... ( read original story ...)
Singapore to ensure new work pass for talent recruitment is not abused: Manpower Minister Tan See Leng
The new work pass will allow high-earners and high-achievers to live in Singapore without having to secure a job first. ( read original story ...)
4 weeks’ jail for man who used military identity card found on bus to buy mobile phone, sell it for profit
Rather than returning a misplaced military identity card to its rightful owner, Marcus Chai Chen Kit used it as an opportunity to buy a mobile phone that he resold for a profit. ( read original story ...)
Singapore waves red flag on foreign interference, fears impact of naming
Analysts have identified China as the origin of foreign actors behind recent foreign interference activities targeting Singapore. ( read original story ...)
Ex-directors of gold investment firm get jail for fraudulent multimillion-dollar buyback scheme
SINGAPORE: Two former directors of a company that sold gold bars in a buyback arrangement which turned out to be a multimillion-dollar Ponzi scheme were sentenced to jail on Monday (Sep 12). Iseli ... ( read original story ...)
DBS Becomes the First Singaporean Bank to Join the Metaverse With The Sandbox
DBS launches DBS BetterWorld, a metaverse experience created in partnership with Animoca Brands’s The Sandbox. ( read original story ...)
41-year-old woman, caught for illegally importing food, gets 4 weeks’ jail for threatening SFA officer with false molest accusations
SINGAPORE - A woman was on Monday (Sept 12) sentenced to four weeks' jail for threatening a public servant with false molest accusations, and fined $5,000 for illegally importing food products and ... ( read original story ...)
Woman, 41, fined and sentenced to 4 weeks’ jail for illegally importing food, accusing SFA officer of molest
SINGAPORE — After she was caught illegally importing salted duck eggs and meat products, a 41-year-old woman threatened to accuse a government officer of molest if he did not comply with her demands. ( read original story ...)
Wealth of Singapore’s 50 richest on Forbes list falls by over 20%
The minimum net worth to make the Forbes' list of Singapore's 50 richest is US$705 million, down from US$735 million last year. Find out who's on the list. ( read original story ...)
Singapore cannot rely on ‘sentiment-driven’ collections to meet rising expenditure needs: Lawrence Wong
He was responding to questions from MPs on whether the increase in tax revenue collected in FY2021/22 could help to defer the planned GST hike. ( read original story ...)