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Posted on 27/04/2023

5 in 10 small business owners in Singapore feel financially distressed

Business owners cited two main stressors. Small business owners in Singapore are more likely to experience work stress compared with their global peers, a survey from Xero showed. This is likely ...

Posted on 27/04/2023

5G on the high seas brings the Internet of Things to Singapore’s port

Inspection drones and telemedicine enabled by island-hopping hybrid network For years The Reg has heard how 5G's many features will profoundly change every industry under the sun. Yesterday we saw an ...

Posted on 27/04/2023

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 ...

Posted on 27/04/2023

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 ...

Posted on 27/04/2023

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.

Posted on 27/04/2023

4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?

These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors? The post 4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain? ( read original story ...)

Posted on 27/04/2023

Singapore lender UOB’s Q1 net profit leaps 74% to record $1.2 bln

Singapore's United Overseas Bank reported on Thursday a 74% surge in net profit in the first quarter from a year earlier on the back on strong net interest and non-interest income growth.

Posted on 27/04/2023

35% of Singapore residents surveyed not keen on more COVID-19 jabs; doctors say relaxed attitude worrying

Even among those in the higher risk groups, a majority no longer views COVID-19 as a major threat, the survey showed.

Posted on 27/04/2023

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 ...

Posted on 27/04/2023

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%.

Posted on 27/04/2023

Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%

Singapore is raising property taxes in a bid to cool the housing market, which has defied the slump afflicting other countries.

Posted on 27/04/2023

Singapore hikes property stamp duties to cool property market

Singapore raised taxes on private property purchases in a surprise move late on Wednesday night that includes a doubling of stamp duties for foreigners to an eye-watering 60%. Authorities in Singapore,

Posted on 27/04/2023

Singapore Increases Property Stamp Duties to Cool Property Market

Singapore's government announced late on Wednesday it will raise stamp duties to cool the property market. The revised rates, which apply to citizens, permanent residents and foreigners, will take ... ( read original story ...)

Posted on 27/04/2023

Singapore announces new property cooling measures, additional buyers’ stamp duty doubled to 60% for foreigners

SINGAPORE: The government announced new property cooling measures on Wednesday (Apr 26), increasing the additional buyer’s stamp duty (ABSD) rates. The highest increase will apply to foreign buyers ... ( read original story ...)

Posted on 27/04/2023

Singapore introduces new round of property cooling measures; ABSD for foreign buyers doubles to 60%

The government is levying higher ABSD (Additional Buyers' Stamp Duty) rates, in a bid to cool the property market that remains firm even with a dimmer economic outlook.“The revisions to the ABSD rates ... ( read original story ...)

Posted on 27/04/2023

Iras to reward whistle-blowers on private property deals exploiting ‘99-to-1’ loophole to evade ABSD

This is not the first time Iras has offered the reward for information on tax avoidance or evasion. Read more at straitstimes.com. ( read original story ...)

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