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ABSD raised to pre-emptively dampen property investment demand: Desmond Lee
SINGAPORE - The latest round of cooling measures was aimed at preventing property prices from being pushed up by investors and prioritising Singaporeans buying homes for owner-occupation, said ...
Asia markets largely higher as new Bank of Japan chief chairs first policy meeting
Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.
Alipay continues regional expansion as speculation of IPO plans begin to resurface
Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...
Number of women brand owners, inventors rising in Singapore: report
The proportion of women brand owners who registered trademarks rose to 23.4% in 2022. More women are participating in intellectual property (IP) management and innovation in Singapore, a recent study ...
Singapore fuel oil stocks slip to four-week lows; net imports ease 19%
SINGAPORE, April 27 (Reuters) - Residual fuel oil stocks at key trading hub Singapore fell to four-week lows, with net imports easing by 19% after jumping last week, official data showed on Thursday.
Singapore unveils surprise measures to cool property market, doubles stamp duties for foreigners
The tax is now 60 per cent for foreign buyers, while citizens and permanent residents will see small increases when buying second and subsequent properties.
UPDATE 1-Shares of Singapore property firms slip on surprise tax hike
Shares of Singapore property companies fell on Thursday after the government raised taxes on private property purchases, including doubling stamp duty for foreigners.
Cooling ‘pre-emptive measure’ to dampen local & foreign property investment demand: Desmond Lee
Raise ABSD rate from 17 per cent to 20 per cent for Singapore citizens purchasing their second residential property Raise ABSD rate from 25 per cent to 30 per cent for Singapore citizens purchasing ...
Latest round of property cooling measures hits S’pore stock market
While property stocks were in the first line of fire, banks were also sold down. Read more at straitstimes.com.
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.
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%.
Stay defensive on Singapore stocks as outlook dims, says RHB
RHB Bank Singapore is recommending investors to “stay defensive” on Singapore equities, given the struggle to find a clear direction amidst broader macro uncertainties.