SINGAPORE - Bank lending in Singapore rose slightly in February from the previous month, reversing January's dip, according to preliminary data from the Monetary Authority of Singapore on Thursday (March 29). Loans through the domestic banking unit - which ... ( read original story ...)
Singapore February bank lending rises 0.1 percent from month ago
SINGAPORE, March 29 (Reuters) - Singapore’s total bank lending in February rose 0.1 percent from the month earlier, on the back of increased loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)
Singapore Property Developer Sales Dip in Feb. Is This A Seasonal Decline Or A Cause For Concern? | OrangeTee Research
Developers’ monthly sales (excluding EC) declined 28.1 per cent m-o-m to 377 units in February due to slower home sales during the Chinese New Year holidays and the absence of major launches. Source: OrangeTee The number of units sold is not unusually ... ( read original story ...)
Are Singaporeans Unhappy Because of Property?
Singapore’s GDP grew 3.5 percent in 2017 ... I think the older generation, who are now mainly retired, were a more content bunch. When we don’t own property, we desire a HDB flat subsidised by the government. While we are paying off the mortgage ... ( read original story ...)
Singapore c.bank expected to tighten monetary policy in April
SINGAPORE (March 27): Singapore's central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth solid and the labour market showing signs of improvement, a Reuters poll of economists found. Nine of 15 ... ( read original story ...)
Singapore central bank expected to tighten monetary policy in April
SINGAPORE: Singapore’s central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth solid and the labour market showing signs of improvement, a Reuters poll of economists found. Nine of 15 analysts ... ( read original story ...)
EAP seals deal to sell key assets to Singapore firm
A deal has been sealed to sell some of the key EAP Group assets to a Singapore-based investment holding company, with Sri Lanka’s Central Bank giving the green light to proceed with the deal, Mirror Business learns. The assets that will be sold under the ... ( read original story ...)
Foreign demand returning to Singapore property
Aerial view of luxury properties in Keppel Bay. The surprisingly strong sales momentum witnessed at the recent launch of New Futura, in which foreigners accounted for close to 60 percent of the 48 units sold, indicates that foreign demand is returning to ... ( read original story ...)
Singapore shares open lower on Monday; STI down 0.6%
or two Singapore cents to S$1.08 with 3.7 million shares traded. Other active index stocks included DBS which was down 1.6 per cent to S$26.95; and OCBC Bank which fell 0.9 per cent to S$12.76. Topics: ( read original story ...)
Discover the analysis on Singapore credit card market share to 2021
Apart from these, Business Platinum Credit card by Standard Chartered Bank, UOB Platinum business card and Citibank ... are anticipated to propel the payment cards market of Singapore in the following years. ( read original story ...)
Will rising Development Charge affect property prices?
Development Charge (DC) in Singapore has been going up in several areas. The latest hike occurred February this year. This isn’t usually the sort of thing average Singaporeans pay attention to since it’s the property developers who pay such fees. ( read original story ...)
Singapore lords over world’s most expensive cities
A private car could set a buyer back by SGD70,000 (USD53,000) in Singapore. Prices of high-end property in the city could double by 2025, “assuming the government intervention won’t be too drastic,” according to Alex Schlaen, CEO of Panache ... ( read original story ...)
Why foreign home buyers prefer Singapore over prime cities’ property markets
Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery. Even if the New Futura (48 units sold out of 64 units) is the only major project launched so far in 2018, sales momentum has been surprisingly strong for the luxury ... ( read original story ...)
Prime cities’ property markets are being ignored for Singapore
Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery. Even if the New Futura (48 units sold out of 64 units) is the only major project launched so far in 2018, sales momentum has been surprisingly strong for a luxury residential ... ( read original story ...)
Australian property investors should not overlook Brisbane’s Brookhaven
Singapore may now be the biggest foreign investor in Australian property. And for investors who are keen to invest in Australian property but are unsure where to look, Brisbane is one city with good investment potential and relatively higher returns on ... ( read original story ...)
Singapore Fines a UK Bank and the US Imposes a Consent Order on a Chinese Bank: A Tale of Two Enforcement Actions
Less than a week apart, two major financial institutions (“FIs”) have been hit with penalties for failing to implement adequate anti-money laundering (“AML”) protections. But the penalties imposed by the involved regulators are different. ( read original story ...)