In fact, Singapore has ceased importing sand from its neighbour since last November, in compliance with a ban on all sand exports by the Cambodian government, he added. This superseded a May 2009 partial ban on certain types of sand. The MND statement ... ( read original story ...)
Singapore Airlines expects ‘healthy rise’ in leisure, biz travel in local destinations
FOREIGN carrier Singapore Airlines anticipates a “healthy increase” in leisure and business travel in the Philippines, riding on the country’s forecasted economic expansion pegged at 6 percent annually through 2018. Singapore Airlines Regional Vice ... ( read original story ...)
Singapore Airlines looks to expand outside Manila
A lot of people come to Manila on business, so you don’t want them to travel a very long distance,” he said. While Singapore Airlines would want to expand operations in Manila by adding a fifth daily flight, the carrier is constrained, given congestion ... ( read original story ...)
Boustead, SWF to co-invest S$250m in new industrial facilities here
which is designed to host research facilities and business park space. The two latest investments, agreed this month, include a 39,487 sq m mixed-use development at Mediapolis, also in Singapore's One North precinct, and Continental Building Phase 3 ... ( read original story ...)
How a S$50m investment spells hope
The firm, which calls Singapore its global headquarters, had invested more than S$50 million in the two new facilities. One is a new building to consolidate two major business segments together. Another is an innovation centre, the company's first outside ... ( read original story ...)
Sadiq Khan in Davos: 'Hard Brexit' will make London firms move to Hong Kong, Singapore, or New York — not the EU
"But the point I'm making to our European friends, business and political leaders is if businesses decide to leave London, they're not going to move to Paris, Madrid or Frankfurt, they'll be going to Hong Kong, Singapore, or New York. So 'hard Brexit' is a ... ( read original story ...)
'Singapore most favoured destination to invest for Indian cos'
Indian firms pumped in USD 2.06 billion in Singapore in December ... USD 1.19 billion were through issuance of guarantee by Indian companies in their overseas business holdings. While USD 481.76 million came in the form of loan, USD 812.91 million of ... ( read original story ...)
Bumper business
Rental company Avis, which does about five times more business during this period, said all its 300 short-term rental vehicles have been booked for the festive season. Those still planning to rent a car to ferry their families around during the festive ... ( read original story ...)
At some Singapore suburban malls, retailers confront the sound of silence
while consolidating loss-making and unprofitable outlets within Singapore. This thus reinforces the appeal of malls with a central marketing team.” An owner at one of the newly-launched strata-titled malls said she ended up running a food business ... ( read original story ...)
Vacant jobs in Singapore down 7%
"We're hearing from candidates and employers on the ground that Singapore is becoming a less attractive place to do business because of the quota system", said Holliday. Meanwhile, the new quota system is not the only challenge Singapore's employment ... ( read original story ...)
Singapore Airlines Business Class A380: SQ Part 3
Time for some serious luxury: Business Class on Singapore Airlines A380. So how good is it? Watch this review to find out. This flight review video is Episode 3 of my series The 4 Classes of Singapore Airlines. Check them all out by clicking on my channel ... ( read original story ...)
Why Hong Kong property tax may help end Singapore housing slump
Singapore house prices are approaching their trough. A report from Bloomberg said Cushman & Wakefield Inc. expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty ... ( read original story ...)
MAS urges business trusts to adopt new financial reporting framework
Firms are advised to use the new framework starting January 2018. The Monetary Authority of Singapore (MAS) announced today that registered business trusts will adopt a new Singapore financial reporting framework that is identical to the International ... ( read original story ...)
Man fined S$1.4m for importing 118,000 bottles of duty-unpaid soju
SINGAPORE: A company director was fined S$1.4 million on Friday (Jan 20) for importing 118,000 bottles of soju, a rice-based liquor popular in South Korea, without paying duty and taxes on them, Singapore customs authorities said. Singaporean David So ... ( read original story ...)
Company director fined $1.4m for importing duty-unpaid soju
SINGAPORE - A company director of So Fei International Trading Pte Ltd was sentenced to 18 months' jail and a fine of $1.4 million for importing duty-unpaid soju. According to a statement on Friday (Jan 20) by Singapore Customs, 48-year-old David So ... ( read original story ...)
Singapore to benefit from Hong Kong tax hike
SINGAPORE: Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers. According to Cushman & Wakefield, Singapore’s three-year slump in house prices could end this year as foreign investors in Hong Kong are ... ( read original story ...)