Final offers for the Singapore property group, which has a market capitalisation of $1.9 billion, are expected to be due by end-March, said sources who wanted to remain anonymous as the info is private. In January, UEL’s largest owners Oversea-Chinese ... ( read original story ...)
Redas calls for review to improve transparency in the property valuation process
The Real Estate Developers' Association of Singapore (Redas) has called for a review of property tax policies, among other suggestions for the upcoming Budget. Redas is also asking the Government to improve transparency in the property valuation process ... ( read original story ...)
Valentine’s Day: 3 Cool Districts For Hot Romance
This is an exotic date centered around the Arab Quarter in Singapore. Full of Middle Eastern charm, it is the perfect backdrop for a sensual encounter. Begin with a perfume-making workshop at Sifr Aromatics where you can create your own his and her ... ( read original story ...)
Why OCBC is downgrading HPH Trust to 'hold'
SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a “hold” from “buy”, recommending investors to collect HPHT at US$0.41 (58 Singapore cents) and below. The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK ... ( read original story ...)
Singapore's central bank lays out plan to support CFE recommendations
SINGAPORE: The Monetary Authority of Singapore (MAS) on Monday (Feb 13) detailed how it would support the Committee on the Future Economy's (CFE) recommendations that were unveiled last week. The central bank said it will take a series of specific ... ( read original story ...)
Review property tax, urges Redas
Redas has called on the government to review its property tax policies as part of its budget wish-list. The Real Estate Developers’ Association of Singapore (Redas) has called on the government to review the property tax for vacant private land ... ( read original story ...)
300 students to work on IT problems public agencies face
SINGAPORE: About 300 students in Singapore will get the opportunity to work on tech problems faced by public agencies after the Government Technology Agency of Singapore (GovTech) signed agreements with eight schools on Monday (Feb 13). Agreements were ... ( read original story ...)
Expat Tales: Singapore, a city full of entrepreneurial spirit
In NZ business challenges are often identified quickly and solutions ... 1-Altitude is the highest alfresco bar in the world, situated in Singapore's tallest skyscraper, and is perfect for a drink with a view. Best time of the year to visit? ( read original story ...)
What next for short-term home rentals?
New York, for instance, has been tangling with Airbnb over its business model, and imposed steep fines on anyone who lists their property on its website. President of the Sharing Economy Association Singapore, Mr Jim Tan, said the sharing economy is ... ( read original story ...)
Singapore hotels find better demand from mid-tier guests
Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. Her company has a tight budget. “If you compare this with (the room I had in) China, it is nothing, but … we have to ... ( read original story ...)
Singapore Airlines to buy 39 Boeing planes worth US$13.8bil
SINGAPORE: Singapore Airlines (SIA) announced Thursday an order for a total of 39 Boeing passenger planes worth US$13.8bil (RM61.2bil) as part of its growth plans for the next decade. The carrier said in a statement that it had signed a letter of intent ... ( read original story ...)
Fintech start-up wants to be 'Airbnb of global payments'
Its remittance service is licensed under its sister company, Transfer Easy, by the Monetary Authority of Singapore. For example, a transfer of $1,000 from a bank account here to a Citibank account in India could cost $76 to convert the money to 47,500 ... ( read original story ...)
Car buyers taking out bigger loans after MAS eased rules: Study
SINGAPORE: Car buyers in Singapore took out bigger loans after ... for 244,488 car loan holders who took loans from member banks of CBS: Bank of East Asia, Citibank, DBS, HL Bank, Hong Leong Finance, HSBC, Maybank, Industrial and Commercial Bank of ... ( read original story ...)
Fare Alert: New York to Asia for Under $500 Roundtrip
American Express, Citibank, Chase, and other banks are advertising partners ... Delta partner China Southern is offering fares between New York and Singapore or Kuala Lumpur from $493 roundtrip. Great fares are widely available September through December ... ( read original story ...)
Financial literacy to acquire in 2017
JA Singapore even hosts competitions that simulates a financial situation, so the students can apply their financial literacy knowledge during the competition. For those slightly older, Citibank has also collaborated with Singapore Management University ... ( read original story ...)
Digitisation wave creating new jobs in the world of finance
Mr Fonzarelli Ong, a senior vice-president at Citibank Singapore, recalled that when the global financial crisis hit in 2008, there was a “sweeping anxiety” across the industry. “Markets were quiet, phones were no longer ringing, everyone’s waiting ... ( read original story ...)