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Posted on 06/10/2022

Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate

Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)

Posted on 06/10/2022

Billionaire Kwek Leng Beng’s CDL To Launch Suburban Condo Project Despite Singapore Property Curbs

City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—is proceeding to launch a suburban residential condominium project in the western part of Singapore, reflecting its confidence ... ( read original story ...)

Posted on 06/10/2022

‘Ajoomma’ Director He Shuming on how Korean and Singapore Film Crews Bonded Over Food and Golf

Along with “Return to Seoul” and Kore-eda Hirokazu’s “Broker,” Singaporean comedy film “Ajoomma” joins a growing list of recent foreign movies set in Korea or probing contemporary Korean ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is developed markets’ sole winner

SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)

Posted on 06/10/2022

Multibagger IPO: Singapore-based FPI raises stake in this small-cap company

Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)

Posted on 06/10/2022

Singapore banks’ mortgage rate hikes will push down discretionary spending, analyst says

Pramod Shenoi of CreditSights says "households are going to look very carefully at where they're putting their money." ... ( read original story ...)

Posted on 06/10/2022

A leasehold landed went for $32k in Singapore – here’s where to find the cheapest landed homes in 2022

When it comes to landed properties, the truth is that the overwhelming demand is for freehold homes. But in 2022, with interest rates, as well as private homes, soaring, that may simply be impractical ... ( read original story ...)

Posted on 06/10/2022

Buyers from China snap up biggest number of Singapore’s luxury condos

Chinese buyers have scooped up the biggest number of Singapore's private apartments in 2022 compared with other foreigners, underscoring the amount of wealth flowing into the Republic from the world's ... ( read original story ...)

Posted on 06/10/2022

Rich Chinese are biggest Singapore luxury condo buyers

Mainland Chinese buyers have scooped up the biggest number of Singapore’s private apartments this year compared with other foreigners. ( read original story ...)

Posted on 06/10/2022

Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC

Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)

Posted on 06/10/2022

Dong to weaken in next 12 months: UOB forecast

Singapore’s United Overseas Bank expects the dong to slip to VND24,300 to the dollar by the third quarter of next year. ( read original story ...)

Posted on 06/10/2022

Singapore stock index only winner among developed markets this year

"Until the Fed slows or pivots, developed markets probably won't catch up" with Singapore, said Daniel Dubrovsky, strategist at DailyFX. The market is focused on the ... Shares of DBS Group Holdings, ... ( read original story ...)

Posted on 06/10/2022

Singapore expected to tighten monetary policy as price pressures persist

Singapore is likely to tighten monetary policy this month, the fifth time in a row, amid persistent inflation in the Asian financial hub due to global supply chain disruptions and a tight labour ... ( read original story ...)

Posted on 06/10/2022

Singapore Stocks Gauge Is Sole Winner Among Developed Markets This Year

Loretta Lynn, Coal Miner's Daughter And Country Queen, Dies Stocks Take Breather After Furious Rally From Low: Markets Wrap Mar-a-Lago Documents Included Pardons, Emails, Legal Bills Singapore’s ... ( read original story ...)

Posted on 06/10/2022

Singapore faces challenge of finding foreign nurses to take care of aging population

"They (nurses and healthcare staff) number 58,000 now and the Ministry of Health estimates that this will need to grow to 82,000 by 2030," Health Minister Ong Ye Kung told Parliament on Wednesday. ( read original story ...)

Posted on 06/10/2022

EP applicants not legally required to have English language qualifications to work in Singapore

As shared by the Manpower Ministry, it would be "more appropriate" for employers to specify the level of English proficiency required of EP holders, based on specific business needs. ( read original story ...)

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