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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
50% Singaporeans find it hard to buy first home: Property survey
SINGAPORE – More than half (51 per cent) of non- property owners in Singapore are finding it difficult to buy their first home, a study by PropertyGuru showed. ( read original story ...)
Singapore Consumer Sentiment Study H2 2023
H2 2023 revealed that the overall Sentiment Index remained unchanged at 43 points in H2 2023, same as in H1 2023. Read on for more insights. ( read original story ...)
Singapore stocks open higher on Thursday; STI up 0.3%
SINGAPORE stocks rose at Thursday’s (Sep 14) open, even as global markets were mixed overnight. Read more at The Business Times. ( read original story ...)
Singapore proptech start-up Simpple set for Nasdaq listing, prices IPO shares at US$5.25 apiece
The Singapore-based company expects gross proceeds of US$8.4 million from the flotation. Read more at straitstimes.com. ( read original story ...)
Singapore’s Bayfront prices US$410 million infrastructure asset-backed securities
SINGAPORE-BASED Bayfront Infrastructure Management has established a new distribution vehicle with a portfolio of US$410.3 million to provide investors with exposure to infrastructure asset-backed ... ( read original story ...)
More Singaporeans dealing with rising mortgage stress
In its annual financial wellness survey, OCBC Bank uncovered a trend of rising financial stress amongst Singaporeans. One of the key drivers for this increase in financial stress comes from their ... ( read original story ...)
Money Talks – Is owning a second property in Singapore worth the cost?
Owning a second private property is an aspiration for many – as retirement income and investment. But with the new additional buyers’ stamp duty announced earlier this year, is two always better than ... ( read original story ...)
Fewer Singapore home buyers chasing condo ownership
SINGAPORE: There are fewer Housing Board (HDB) flat upgraders chasing the condominium dream after several rounds of property cooling measures. ( read original story ...)
China property crisis will need more than ‘simple policy’ solutions, say experts at Forbes conference in Singapore
China’s property market is expected to recover once economic growth as a whole returned and jobs figures are lifted, but that will take ‘some time’, business leaders note. ( read original story ...)
Crackdown on money laundering a testament to integrity of Singapore as a financial centre: DPM Heng
Channelling funds flows into productive purposes is critical to the success of the country. Read more at straitstimes.com. ( read original story ...)