While property stocks were in the first line of fire, banks were also sold down. Read more at straitstimes.com.
Singapore hangs man for trafficking marijuana despite claims of weak evidence
Despite a plea for clemency, Tangaraju Suppiah was hanged after being sentenced to death in 2018 for trafficking of 2.2 pounds of marijuana.
Singapore executes man who allegedly conspired to traffic 2 pounds of cannabis
A man who allegedly conspired to traffic over two pounds of cannabis in Singapore has been executed. Some argue that the evidence for the crime was weak.
New property cooling measures: Analyst Lee Sze-Teck on its impact and what’s fuelling the growth of Singapore home prices? | Video
Singapore announced new property cooling measures, including a doubling of additional buyer’s stamp duty for foreigners buying any property in the country from Thursday (Apr 27). One analyst told CNA when we would see the impact of the latest round of measures, ( read original story ...)
ABSD hikes a pre-emptive move to dampen property investment demand, prioritise Singaporeans, says Desmond Lee
SINGAPORE - The new round of increases in Additional Buyer’s Stamp Duty (ABSD) rates are aimed at preemptively dampening investment demand and prioritising Singaporeans buying homes for owner-occupation, ( read original story ...)
ABSD raised to preemptively dampen property investment demand: Desmond Lee
In a joint statement late on Wednesday, the Finance Ministry, Ministry of National Development and MAS said the ABSD rate for foreigners buying any residential property will be raised from 30 per cent to 60 per cent – the highest increase. ( read original story ...)
5 in 10 small business owners in Singapore feel financially distressed
Business owners cited two main stressors. Small business owners in Singapore are more likely to experience work stress compared with their global peers, a survey from Xero showed. This is likely ...
5G on the high seas brings the Internet of Things to Singapore’s port
Inspection drones and telemedicine enabled by island-hopping hybrid network For years The Reg has heard how 5G's many features will profoundly change every industry under the sun. Yesterday we saw an ...
Singapore Lender UOB’s Q1 Core Net Profit Leaps 74% to Record $1.2 Billion
Singapore's United Overseas Bank reported on Thursday a 74% surge in core net profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth. The ...
Stock Market Live: Sensex, Nifty 50 likely to open with cuts
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 46 points or ...
Singapore lender UOB’s Q1 core profit leaps 74% to record $1.2 bln
Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.
4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?
These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors? The post 4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain? ( read original story ...)
Singapore lender UOB’s Q1 net profit leaps 74% to record $1.2 bln
Singapore's United Overseas Bank reported on Thursday a 74% surge in net profit in the first quarter from a year earlier on the back on strong net interest and non-interest income growth.
35% of Singapore residents surveyed not keen on more COVID-19 jabs; doctors say relaxed attitude worrying
Even among those in the higher risk groups, a majority no longer views COVID-19 as a major threat, the survey showed.
Investing in Singapore Exchange (SGX:S68) five years ago would have delivered you a 48% gain
For example, the Singapore Exchange Limited (SGX:S68) share price is up 24% in the last 5 years, clearly besting the market decline of around 28% (ignoring dividends). However, more recent returns ...
Jack Ma, Singapore Invest in MassMutual Asia
Alibaba Founder's financial services business Yunfeng Financial, Singapore's sovereign wealth ... by Ma and in which Yunfeng is also an investor, will own the remaining 40%.