Singapore rings in the New Year with parties, fireworks

SINGAPORE: Singaporeans welcomed in 2017 with celebrations islandwide from Suntec City, to Marina Bay, to the heartlands. For the first time, Mediacorp held its countdown party at Suntec City. Taking place right next to the Fountain of Wealth, Singapore ... ( read original story ...)

India, Singapore amend tax treaty

SINGAPORE: India and Singapore on Friday amended a decade-old double tax avoidance agreement (DTAA) that will allow the tax department to impose capital gains (tax) on investments routed through the island nation and plug a possible misuse of benefits ... ( read original story ...)

Singapore economy likely grew more than 1 percent in 2016: PM

SINGAPORE Singapore's economy probably grew more than 1 percent in 2016 but the government is keeping a close watch on the labor market as it has shown signs of weakening, Prime Minister Lee Hsien Loong said on Saturday. Singapore's trade-reliant economy ... ( read original story ...)

Singapore Exchange courts IPOs with contentious weapon

SINGAPORE -- The Singapore Exchange has long promoted itself as the "Gateway to Asia" for international companies and investors seeking funds from the region. The problem is that SGX is steadily losing traffic flow to its rivals, particularly the Hong Kong ... ( read original story ...)

Singapore floorball looks ahead after dismal world championships

SINGAPORE: For the national men's floorball team, 2016 ended in a whimper after they finished last at the world championships they had worked so hard to reach. The 2015 SEA Games champions have had a roller-coaster year, with former president Sani Mohamed ... ( read original story ...)

Singapore team for Venice Biennale 2017 splits

SINGAPORE: Local multidisciplinary artist Zai Kuning and curator and art historian June Yap will no longer represent Singapore as a team at Venice Biennale 2017 due to "differences in the operational approaches within the team". In a statement to the media ... ( read original story ...)

2016 was Singapore's hottest year on record

The recent spell of cool and cloudy weather may have given a different impression, but 2016 will go down as the hottest year since Singapore started keeping temperature records in 1929. The latest update from the Meteorological Service Singapore (MSS ... ( read original story ...)

More than a mobile price war looming

Now that Singapore has crowned its fourth mobile operator, what's next? Next year looks to be one for consumers to hold off on signing two-year telco contracts for new-fangled handsets - that is, until new kid on the block TPG Telecom launches its mobile ... ( read original story ...)

Singapore Nov lending up on general commerce loans

SINGAPORE Dec 30 Singapore total bank lending in November rose 0.4 percent from October, due to a rise in general commerce loans, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted S$610.6 billion ... ( read original story ...)

Investing in commercial real estate in Singapore

Many Singaporeans rode the property boom in the years from 2008 to 2013 to build a substantial level of wealth for themselves. But the last three years have been unkind to Singapore’s property market. The downturn in the real estate market is widespread ... ( read original story ...)

Rising global economic tide may not lift Singapore's boat

"This time it's different," said Francis Tan, UOB economist. "Unlike in the past where there seemed to be quite a correlation between global growth and Singapore's growth, sadly there's a disjoint now." The World Bank forecasts 2017's global growth at 2.8 ... ( read original story ...)

Singapore startups must now grow up, think bigger

The Singapore government has invested significant resources and efforts in building up a thriving startup environment, but its inhabitants must now take risks and look beyond local shores. Jeffrey Paine, general partner at Golden Gate Ventures, believed ... ( read original story ...)