Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)
50% Singaporeans find it hard to buy first home: Property survey
SINGAPORE – More than half (51 per cent) of non- property owners in Singapore are finding it difficult to buy their first home, a study by PropertyGuru showed. ( read original story ...)
Singapore Consumer Sentiment Study H2 2023
H2 2023 revealed that the overall Sentiment Index remained unchanged at 43 points in H2 2023, same as in H1 2023. Read on for more insights. ( read original story ...)
Singapore stocks open higher on Thursday; STI up 0.3%
SINGAPORE stocks rose at Thursday’s (Sep 14) open, even as global markets were mixed overnight. Read more at The Business Times. ( read original story ...)
Singapore proptech start-up Simpple set for Nasdaq listing, prices IPO shares at US$5.25 apiece
The Singapore-based company expects gross proceeds of US$8.4 million from the flotation. Read more at straitstimes.com. ( read original story ...)
Singapore’s Bayfront prices US$410 million infrastructure asset-backed securities
SINGAPORE-BASED Bayfront Infrastructure Management has established a new distribution vehicle with a portfolio of US$410.3 million to provide investors with exposure to infrastructure asset-backed ... ( read original story ...)
More Singaporeans dealing with rising mortgage stress
In its annual financial wellness survey, OCBC Bank uncovered a trend of rising financial stress amongst Singaporeans. One of the key drivers for this increase in financial stress comes from their ... ( read original story ...)
Money Talks – Is owning a second property in Singapore worth the cost?
Owning a second private property is an aspiration for many – as retirement income and investment. But with the new additional buyers’ stamp duty announced earlier this year, is two always better than ... ( read original story ...)
Fewer Singapore home buyers chasing condo ownership
SINGAPORE: There are fewer Housing Board (HDB) flat upgraders chasing the condominium dream after several rounds of property cooling measures. ( read original story ...)
China property crisis will need more than ‘simple policy’ solutions, say experts at Forbes conference in Singapore
China’s property market is expected to recover once economic growth as a whole returned and jobs figures are lifted, but that will take ‘some time’, business leaders note. ( read original story ...)
Crackdown on money laundering a testament to integrity of Singapore as a financial centre: DPM Heng
Channelling funds flows into productive purposes is critical to the success of the country. Read more at straitstimes.com. ( read original story ...)
Property agents pay more heed to compliance checks after massive billion-dollar money laundering case
SINGAPORE: Property agents are paying more attention to compliance checks in the wake of a S$1.8 billion (US$1.32 billion) money laundering case making headlines in Singapore ... ( read original story ...)
Singapore economy now projected to grow by just 1.0% in 2023: MAS survey
The latest estimate stands lower than the previous forecast of 1.4% in the previous survey earlier this year in June. ( read original story ...)
Economists Cut Singapore 2023 Growth and Inflation Forecasts – Survey
SINGAPORE (Reuters) - Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published on Wednesday, with ... ( read original story ...)
Property agent warns against renting your HDB flat out to “wrong tenants” and he shows you why
SINGAPORE: “Don’t be too eager to rent out your place to the wrong tenants,” a property agent warned in a recent TikTok video, showing how badly things can go wrong quickly. Mr Benedict Lim asked in ... ( read original story ...)
Interest rates ripples are being felt in the local home loan market
An influx of foreign investments can influence property prices and demand, indirectly affecting Singapore’s home loan market. 4. Consumer Confidence: The economic stability and robust job growth ... ( read original story ...)