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Posted on 07/07/2023

Guide To Senior Citizen Discounts And Benefits In Singapore

Singapore as a country with declining fertility rates and increasing life expectancies, is a nation with a large ageing population. With the end of their money-making years slowly coming to a halt as ...

Posted on 07/07/2023

Commentary: Will fresh supply of private homes ease property prices in Singapore?

Singapore has increased private housing supply to the highest in a decade. While this should reduce home prices, the country's property market sometimes contradicts economic theory, say Tan Tee Khoon ...

Posted on 07/07/2023

Singapore-based company to bring mushroom factory to Houston

Houston is soon to be home to a factory that expects to grow 50 tons of Enoki mushrooms annually, according to the two companies behind it. The new Houston factory is a collaboration between Huayuan ...

Posted on 07/07/2023

Singapore singles desperate to see Taylor Swift are offering themselves as dates to UOB cardholders

A Singaporean bank’s cardholders have exclusive access to presales for Taylor Swift concert tickets, which has prompted some Swiftie bachelors to jokingly search for dates who happen to be cardholders ...

Posted on 07/07/2023

Myanmar’s generals still doing business in Singapore

Responding to MPs’ questions, Foreign Minister Balakrishnan admitted that 91 Singapore entities are supplying various goods to Myanmar’s armed forces despite the 1 February 2021 coup ...

Posted on 07/07/2023

Singapore wants successful sporting culture, not solely medals: Eric Chua

The Government is focused on developing a sport ecosystem that supports athletes to get to peak performance, he added. Read more at straitstimes.com.

Posted on 06/07/2023

Family offices under tax incentive schemes have hired 1,400 S’poreans and PRs

Single family offices (SFOs) that have applied for and received tax incentives under the Section 13O and 13U schemes employed about 1,400 Singaporeans and permanent residents (PRs) as at June 2022.

Posted on 06/07/2023

Exeo Global opens new HQ in Singapore, plans expansion in South-east Asia

A unit of the Japanese Exeo Group officially opened its new global headquarters here on Thursday. Read more at straitstimes.com.

Posted on 06/07/2023

Balancing Security, Trade, and Technology in Asia

America's absence in "mega-regional" trade pacts in Asia is undermining its leadership in the region, while China benefits economically and strategically from its participation in the RCEP.

Posted on 06/07/2023

Singapore stocks extend losses as geopolitics, growth worries weigh; STI down 1.1%

Geopolitical concerns and souring expectations over interest rates helped send local shares south on Thursday. Read more at straitstimes.com.

Posted on 06/07/2023

Human error in coding caused 6.5 hours disruption of DBS banking services in May, said SM Tharman

DBS Bank's 6.5-hour disruption to digital banking and ATM services on 5 May was caused by human error in coding the maintenance program, according to Senior Minister Tharman Shanmugaratnam. The ...

Posted on 06/07/2023

‘Human error’ reason for DBS digital banking glitch in May

The incident caused disturbances in mobile, electronic and ATM transactions. DBS Bank has named "human error" in coding as the cause of tech disruptions in May. This error resulted in a notable ...

Posted on 06/07/2023

Single family offices that receive tax incentives in Singapore employ 1,400 locals, two-thirds paid more than S$5,000 monthly

SINGLE family offices (SFO) that have applied for and have been awarded tax incentives in Singapore employ about 1,400 Singaporeans and permanent residents (PR), about two-thirds of whom are paid more ...

Posted on 06/07/2023

After Being Named In Hindenburg Report, Singapore To Change Tax Laws That Attracted Super Rich

The Monetary Authority of Singapore (MAS) will change the tax incentives it gives to single family offices in an effort to boost the hiring of locals and investment in the country’s equity markets.

Posted on 06/07/2023

Gasoil from Tunisia arrives in Singapore for 2nd time in one month

even though total middle distillates stockpiles in key trading hub Singapore fell by 3.7% week-on-week as higher net exports of jet fuel/kerosene superseded lower net exports for gasoil. Inventories ...

Posted on 06/07/2023

Singapore: Outlook for Retail Sales remains positive – UOB

Senior Economist at UOB Group Alvin Liew reviews the recently published retail sales readings in Singapore.

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