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Posted on 02/03/2023

Singapore raises minimum investment sums for ultra-rich seeking permanent resident status

INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those ...

Posted on 02/03/2023

Singapore raises permanent residence threshold for ultra-rich

Singapore is increasing the threshold for global investors seeking permanent-resident status in an attempt to create more jobs and benefits locals due to an influx of wealth. Applicants will need at ...

Posted on 02/03/2023

Binance to revive bid for Singapore crypto permit -Nikkei

Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported on Thursday, citing executives from the unit.

Posted on 02/03/2023

ITE to offer work-study diploma in agriculture & aquaculture technology from Apr. 2023

The Institute of Technical Education (ITE) is launching a new work-study diploma in agriculture and aquaculture technology in April 2023. This is part of the government's plan to build the manpower ...

Posted on 02/03/2023

Singapore launches $125 million coastal research programme

It will aim to develop innovative, sustainable and smart solutions for Singapore’s urban and land-squeezed environment. Read more at straitstimes.com.

Posted on 02/03/2023

Higher investment quantum among changes to scheme that grants PR status to eligible investors

The changes to the Global Investor Programme (GIP) will help to strengthen support for local start-ups and create more jobs, said the Economic Development Board.

Posted on 02/03/2023

Venture funding for Singapore start-ups weakens in 2022

The data raises concerns over the potential for a further slowdown in venture funding this year. Read more at straitstimes.com.

Posted on 02/03/2023

Singapore supermarkets to start charging for disposable carrier bags from 3 July

The move for most supermarkets to charge shoppers at least 5 cents for each disposable carrier bag will begin on 3 July.

Posted on 02/03/2023

Singapore charity urgently sends $1m in funds to Turkish aid group to help quake victims

A local charity group has sent about $1 million to a Turkish humanitarian aid organisation to ensure quake victims get immediate access to shelter, hot meals and winter clothing. Read more at ...

Posted on 02/03/2023

Singapore’s online portal PropertyGuru remains in the red even as fourth quarter revenue jumped

PropertyGuru stays in the red for the fourth quarter of 2022, after slipping from a net profit position in the second quarter. ( read original story ...)

Posted on 02/03/2023

Singapore ranks 6th for luxury home sales in 2022: Knight Frank

Knight Frank expects a 4 per cent increase in prime residential prices in Singapore. Read more at straitstimes.com. ( read original story ...)

Posted on 02/03/2023

Singapore is 6th top market for super and ultra-prime properties

Singapore ranked 6th amongst the top markets for prime, super-prime and ultra-prime properties globally, according to a report by Knight Frank. The Lion City, alongside Hong Kong, were the only two ... ( read original story ...)

Posted on 02/03/2023

3 years’ jail for ex-property agent who made off with client’s money and caused over $1m loss

SINGAPORE - A property agent, engaged to help in the purchase of a condominium unit, misappropriated nearly $600,000 of her client’s money meant for parties including the property developer. This led ... ( read original story ...)

Posted on 02/03/2023

Singapore golf tournament cancels pro-am event after 200mm of rainfall overnight

Continuous rain was observed over several areas in Singapore overnight, with temperatures in the morning dropping to as low as 21.1 degrees Celsius.

Posted on 02/03/2023

CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies

In addition, Wee has a deemed stake in another 173.7 million shares. The two stakes give him a total deemed interest of nearly 177 million shares, equivalent to 10.57%. The last time Wee bought from ...

Posted on 02/03/2023

Binance revives Singapore crypto permit bid despite U.S. pressure

SINGAPORE -- Binance intends to take another stab at securing ... even as the digital assets giant comes under increasing scrutiny from U.S. regulators. The world's largest crypto exchange will have ...

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