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Category: PROPERTY

Posted on 23/09/2023

Will Interest Rates Increase Further In 2023? How This Affects Your Mortgage in Singapore

Singapore’s mortgage interest rates tend to be closely linked to global interest rates. When the pandemic began in March 2020, the US Federal Reserve slashed interest rates, in turn, lowering ... ( read original story ...)

Posted on 22/09/2023

Gold, watches and other luxury items totaling $1.75B seized in Singapore money laundering scheme

Singapore police say they have uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, bringing the total amount of assets seized ... ( read original story ...)

Posted on 22/09/2023

China Construction Bank Celebrates 25th Anniversary in Singapore

Singapore Branch ("CCB Singapore" or the "Branch") celebrated its 25th anniversary with the classical concert "Rhapsody Melody – CCB Night of Classics". The concert was performed by the Shanghai ... ( read original story ...)

Posted on 21/09/2023

Property consultancy firm Sevens Atelier assisting with probe by MAS, police’s financial crime unit

SINGAPORE: Property consultancy firm Sevens Atelier is assisting the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) with an investigation into an offence under ... ( read original story ...)

Posted on 19/09/2023

Hong Kong rental market heats up while Singapore boom cools

Hong Kong rents remain on average about 9 per cent more expensive than Singapore’s, according to Knight Frank data. Read more at straitstimes.com. ( read original story ...)

Posted on 19/09/2023

Bank of Singapore names new global head of legal and regulatory compliance

His role is effective starting 2 October, replacing Eric Teh. Bank of Singapore has announced the appointment of Samuel Huen as the global head of legal and regulatory compliance, effective from 2 ... ( read original story ...)

Posted on 19/09/2023

Daily Cuts – Behind Singapore’s August NODX contraction

Singapore Today's Lance Alexander and Daniel Martin speak with Barnabas Gan, Senior Economist, RHB Bank, about what could have caused Singapore's non-oil domestic exports to contract for the 11th ... ( read original story ...)

Posted on 19/09/2023

Euro Gains; Yen Flounders Ahead of Central Bank Bonanza

SINGAPORE (Reuters) - The euro clung to gains on Tuesday following hawkish comments from European Central Bank (ECB) policymakers, while the yen languished near a 10-month low ahead of a key rate ... ( read original story ...)

Posted on 19/09/2023

‘Moneylenders’ from Singapore turned violent extortionists

KUALA LUMPUR: Extortion syndicates from Singapore are posing as moneylenders on social media ... (RM1,020) into her husband’s bank account and produced a fake bank-in slip. Fearing for the family’s ... ( read original story ...)

Posted on 19/09/2023

Singapore and China improve in Global Retirement Index 2023

Singapore and China have seen an increase in their overall scores in the Natixis Investment Managers Global Retirement Index 2023, according to findings released on Monday. The index, which evaluates ... ( read original story ...)

Posted on 19/09/2023

SG’s property insurance to stay afloat in 2023 – GlobalData

Singapore's property insurance industry is expected to remain profitable in 2023, thanks to disciplined underwriting practices, sufficient reinsurance coverage, and rising premiums from compulsory ... ( read original story ...)

Posted on 18/09/2023

Banks should reimburse scam victims, suggests WP’s Sylvia Lim; Govt says it may lead to complacency

Ms Lim suggested the Government consider the UK's move to force banks to compensate scam victims from 2024. Read more at straitstimes.com. ( read original story ...)

Posted on 17/09/2023

Singapore home sales down 72% since January due to Hungry Ghost month, lack of big launches

SINGAPORE: August saw the lowest number of home sales for the year, a sign some say that the property market could finally be slowing down. Figures from the Urban Redevelopment Authority on Sept 15 ... ( read original story ...)

Posted on 16/09/2023

Affordable sushi and sashimi in Singapore: Japanese restaurants that work break the bank

Singaporeans love their Japanese food, and sushi is a timeless classic. To satisfy our fish-on-rice obsession, our little island is brimming with dozens of Japanese restaurants. Whether you fancy ... ( read original story ...)

Posted on 15/09/2023

Singapore central bank bars 3AC founders from market activity

Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)

Posted on 15/09/2023

UPDATE 2-Singapore c.bank bars 3AC founders from market activity

Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)

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