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Posted on 05/10/2023

Right to own a car in Singapore can cost $106,000

Prospective car owners in Singapore must have a COE in order to be able to purchase a vehicle. They are sold in auctions every two weeks, with the government controlling the number of certificates for ...

Posted on 05/10/2023

Singapore’s economy expected to grow at moderate pace despite inflation elevated in near term: AMRO

The macroeconomic watchdog says that maintaining a tight monetary policy stance is critical to anchor inflationary expectations.

Posted on 05/10/2023

New supply of business parks in Singapore to drop to 818,000 sq ft in 2025

This is a massive decline from the new supply of 3.3 million sq ft GFA projected for 2024. According to a Savills report, Singapore manufacturers grapple with weak demand from the major economies, ...

Posted on 05/10/2023

DBS ups Singtel’s TP to $3.39 led by Singapore segment and Bharti Airtel

A potential catalyst in DBS's view is the consolidation of the mobile sector in Singapore and special dividends from the group.

Posted on 05/10/2023

Singapore Shares Due For Support On Thursday

The Singapore stock market has moved lower in three straight sessions, falling more than 70 points or 2.6 percent along the way. The ...

Posted on 05/10/2023

Resale Condo Price Singapore: Condo resale prices increase 1% in Aug 2023 [Summary]

The rise in resale prices of condominiums picked up pace in August, reversing two consecutive months of decline as more units were sold. Resale prices ... ( read original story ...)

Posted on 05/10/2023

Money laundering to vaping: 5 key takeaways from Singapore Parliament

Singapore has taken a significant step in the fight against money laundering, with the government announcing plans to set up a new inter-ministerial committee in Parliament on Tuesday (3 October). The ...

Posted on 05/10/2023

SingPost delivery business in Singapore lost S$16 million in 2022; review of postal industry under way

SINGAPORE Post (SingPost) incurred an operating loss of S$16 million in its post and parcel business in 2022, amid declining mail volumes and competition from logistics and e-commerce firms that have ...

Posted on 05/10/2023

Taiwanese rock band Mayday back for 13 Jan gig at Singapore National Stadium

Taiwanese rock band Maydayis set to return to Singapore on 13 January for a one-night concertat the National Stadium. The announcement was made by event organiser Live Nationthrough an Instagram post ...

Posted on 05/10/2023

3 Singapore Blue-Chips with Share Prices at a 52-Week Low: Are They a Bargain?

We sift out three Singapore blue-chip stocks whose share prices have hit ... However, distribution per unit (DPU) fell by 12.8% year on year to S$0.0218 because of higher finance costs and weaker ...

Posted on 05/10/2023

Singapore Safely Detonates a World War II-Era Bomb Unearthed at a Construction Site

Late last month, specialists safely detonated a World War II-era aerial bomb found at a suburban construction site in Singapore. The decades-old explosive weighed 100 kilograms (220 pounds), according ...

Posted on 05/10/2023

Post-pandemic recovery drives up car ownership costs in Singapore

In Singapore, owning a car requires prospective buyers to participate in a bidding process for a "certificate of entitlement" (COE), a system that has reached record-high costs.

Posted on 05/10/2023

Bizarre! Singapore’s entitlement certificate to own car is equal to buying 4 Toyota Camry Hybrids in US

A car buyer in Singapore must bid for a 'certificate of entitlement' that now costs $106,000, citing post-pandemic recovery.

Posted on 05/10/2023

Asian Banking Giant DBS Is Patiently Wading Into Crypto

One seasoned traditional finance player wasn’t in much of a rush, though. Singapore-based DBS Bank, a regional banking behemoth headquartered in the same venue as the conference, Marina Bay Sands, ...

Posted on 05/10/2023

Owning A Car In Singapore Costs $106,000, And That Doesn’t Include The Car

Here in the United States, car ownership is encouraged through tax incentives and near-mandated by a lack of public transit infrastructure — having a car is cheap, and not having one is just about ...

Posted on 05/10/2023

XRP Spikes as Ripple Scores Singapore License, SEC Loses Motion to Appeal

XRP bulls had a reason to cheer as the payments firm Ripple was granted a license to offer key services in Singapore and the Securities and Exchange Commission (SEC) lost a bid to appeal in the Ripple case.

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