Singapore bought overseas property worth $20.62b in 2017

It ranked as the second most active buyer and overtook Hong Kong. Capital outflows from Singapore have grown consistently in recent years, from just $11.11b (US$8.4b) in 2014 to $20.62b (US$15.6b) in 2017, JLL revealed. According to its global capital ... ( read original story ...)

Singapore takes 9th spot in global intellectual property index

SINGAPORE: Singapore came in at 9th place on global intellectual property (IP) index. Scoring 84%, the city-state is ahead of Switzerland, Australia and New Zealand, and only came second to Japan in Asia-Pacific region. The global IP index Create analyses ... ( read original story ...)

Surprising Things About Singapore Property Auctions

This article first appeared on Frugal In Singapore. When most people hear the word “auction”, they think “distressed sale”. In many other parts of the world, this is mostly true. Although I own a few things from distressed sales and have bid in ... ( read original story ...)

Commerzbank runs into compliance trouble in Singapore

Singaporean authorities are close on Commerzbank’s heels. Source: AP Commerzbank has run into compliance trouble in Singapore, where officials have warned Germany’s second-largest bank that it didn’t check customers carefully enough under “Know ... ( read original story ...)

Singapore says no strong case to ban cryptocurrency trading

SINGAPORE (Reuters) - Singapore’s central bank has been studying the potential risks posed by cryptocurrencies, but there is as yet no strong case to ban trading of the digital coins in the city-state, Deputy Prime Minister Tharman Shanmugaratnam said. ( read original story ...)

Singapore bank expects BSP to raise interest rates

DBS Bank of Singapore said Monday it expects the policy-setting Monetary Board of the Bangko Sentral ng Pilipinas to raise the benchmark interest rates in its meeting Thursday to control the accelerating inflation rate. DBS said in a report inflation in ... ( read original story ...)

Singapore Property Rebound Has Frasers’ CEO Chasing More Land

Singapore’s property rebound has the son of Thai billionaire Charoen Sirivadhanabhakdi chasing more land in the city-state, adding to signs the market is emerging from a four-year slump. Frasers Property Ltd. in December paid S$955.4 million ($727 ... ( read original story ...)

Singapore’s playground for the rich

Measuring just 5 sq km, Sentosa is a niche market. Offering a resort lifestyle just a bridge away from the city, Sentosa is the only place in Singapore that foreigners can buy landed property. Once a Malay graveyard and a British military base in the ... ( read original story ...)