SINGAPORE: New private home sales in Singapore more than doubled in January from a month earlier after the resumption of property launches. Excluding executive condominiums (ECs), developers sold 281 ... ( read original story ...)
Singapore property investment sales could rise by 15% in 2024
Recovery is expected to kick in in the second half of the year. According to CBRE, 2023 witnessed a stalemate between buyers and sellers arising from mismatched price expectations. This led to real ... ( read original story ...)
Singapore middle distillates stocks soar to 3-month high as net exports dip
Regional cargoes from South Korea and China however will likely still be routed to Singapore. "Continued high imports into Singapore are anticipated, particularly as regional freight rates show signs ...
Power cuts, cyberattacks staged across Singapore to mark 40 years of total defence
More than 500 organisations are participating in Exercise SG Ready through simulated disruptions of power, water, food and digital connectivity.
Clifford Chance Hires Away HSF Private Equity Partner in Singapore
At the U.K. firm, McLaren advised Globe Telecom, Inc., a Philippine digital platform company, on the sale of 1,350 mobile towers to Phil-Tower Consortium, Inc. for $340 million in 2022. A year before ...
Singapore revises 2023 growth downward on manufacturing slump
Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed.
Singapore trims 2023 economic growth to 1.1% as manufacturing sector contracts
Singapore lowered its full-year growth for 2023, as official data on Thursday showed the economy grew 1.1% last year compared to an earlier estimate of 1.2%.
Singapore Oil Sales to Ships Jump as Vessels Avoid Red Sea Risks
The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel sales at one of the world’s busiest ports.
Real estate agent lied to elderly client to set up joint bank account, withdrew $20k of her money
SINGAPORE - A former real estate agent ... In November that year, Tan and the woman set up a joint bank account to deposit the proceeds. Deputy Public Prosecutors Rimplejit Kaur and Mark Chia stated ... ( read original story ...)
Singapore home sales off to the slowest start since 2009
Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading. ( read original story ...)
A year’s jail for woman who cheated three victims of nearly $85,000 in false property investments
Kamsaton Rohani had cheated her client of more than $26,000 in 2018 and served 11 months' jail in 2020 Read more at straitstimes.com. ( read original story ...)
7th youth pleads guilty to role in S$12.8m OCBC phishing scam, bail doubled pending sentencing
Soh is the seventh youth to plead guilty to offences relating to the scam. Five of the other six have been given sentences including probation and reformative training. The sixth is yet to be ...
Man linked to phishing scams involving OCBC customers admits being part of crime group
SINGAPORE: man linked to phishing scams that saw multiple OCBC Bank customers lose around S$12.8 million in total has admitted that he worked with others to provide money laundering services.
Singapore unit labour cost climbs at slower pace in 2023, could ease further in 2024: MTI
MTI said the growth in pay per worker is likely to soften amid easing labour market tightness. Read more at straitstimes.com.
Singapore firms’ Budget 2024 wishlist
Ahead of the Budget 2024 speech, Singapore firms from different sectors have laid out their Budget 2024 wishlist. Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore’s ...
45% Singapore businesses want more support from Budget 2024 to manage high inflation
SINGAPORE: United Overseas Bank’s latest business outlook report has shown that nearly half of the businesses (45 per cent) would like to see more support measures to cope with high inflation from ...