Singapore’s central bank said on Thursday that curbs on the property market remain necessary despite a 12 per cent decline in home prices over the past 14 quarters. Ravi Menon, managing director of the Monetary Authority of Singapore, said it was “not ... ( read original story ...)
Illegal short-term rentals on the rise, neighbours encouraged to report suspicious activity
View of high-end private apartments in the Orchard Road area. More private property owners in Singapore are renting out their units for illegal short-term stays via apps such as Airbnb. According to the Ministry of National Development (MND), the number of ... ( read original story ...)
What you should know about the new tax treaty between Thailand and Singapore
The new DTA is specifically targeting real estate companies — “property-rich companies.” Previously on the DTA, if a corporate group is using a Singapore organisation as a holding company, it would not be subject to any Thai tax. You could come to ... ( read original story ...)
Singapore Central Bank: Token Sales May Be Subject to Securities Laws
Singapore's central bank has issued new statements on the ... Some digital tokens may represent ownership or a security interest over an issuer's assets or property. Such tokens may therefore be considered an offer of shares (like in the ICOs, where ... ( read original story ...)
Help me deal with money while working short-term in Singapore
There are POSB/DBS and OCBC ATMs nearby me ... Also assume that if there are userful things I should know about money in Singapore, like the NETS card, I probably don't--so tell me, lah. ( read original story ...)
Oil giant Shell invests in Singapore solar firm Sunseap
Sunseap has revealed bold plans to ramp up its PV footprint beyond Singapore, and is eyeing opportunities in ... Ian joined the pv magazine team in 2013 and specializes in power electronics (inverters) and battery storage. Ian also reports on the UK ... ( read original story ...)
Global shares mixed as strong earnings lend support
ANALYST'S COMMENT: "Tonight, investors will closely watch the ADP private payroll number to assess the health of the jobs market," said Margaret Yang, a market analyst at CMC Markets in Singapore ... Samsung Electronics Co. rose 0.8 percent and LG ... ( read original story ...)
Tech stocks best performer on SGX to date this year
SINGAPORE - The information technology sector is well ahead ... The growth of the sector's market capitalisation weighted total return came on the back of electronics provider Venture's performance as the sector's largest capitalised stock. ( read original story ...)
Asian stocks stronger on upbeat earnings, China factory data
ANALYST'S COMMENT: "Despite the blemish from softer crude prices, markets in the Asian region are poised for further up moves in the morning," said Jingyi Pan, a market strategist at IG in Singapore ... Samsung Electronics Co. rose 0.6 percent and ... ( read original story ...)
Three British men face whipping and 20 years in a Singapore prison as they go on trial accused of gang-raping a drunk and unconscious woman, 23, after a stag party
Three British men have gone on trial in Singapore today accused of gang-raping a 23-year-old woman while visiting the city-state for a stag party. Khong Tam Thanh, 22, Le Michael, 24, and Vu Thai Son, 24, face up to 20 years in jail and a caning if found ... ( read original story ...)
Singapore’s GIC leads $220 million funding round for Chinese P2P firm Dianrong
HONG KONG (Reuters) - Chinese peer-to-peer lending platform Dianrong said on Wednesday it raised $220 million from a group of investors led by Singapore sovereign wealth fund GIC Pte Ltd, looking to step up research of new technology as it expands across ... ( read original story ...)
Singaporeans can’t last a day without mobile data, survey says
Do you know how long you can go without mobile data, or how much you need every month? In Singapore, half of 900 respondents in a survey said they can't last more than a day without mobile data, according a survey done by Circles.Life, the city-state's ... ( read original story ...)
Singapore Robo-Advisors: Yay Or Nay?
Soooooo a bunch of robo-advisors have launched this month in Singapore. When I first heard about them, I got REALLY EXCITED. I tried sharing my excitement with my friends, which is probably why no one invites me to parties anymore. Now that I have nothing ... ( read original story ...)
Malaysia’s Bond Recovery Is Under Threat
“A stabilization in FX reserves, the currency, and volatility should all bode well for sentiment toward Malaysian government bonds,” said Charlie Lay, an analyst at Commerzbank in Singapore. “Healthy domestic demand and firm exports should also ... ( read original story ...)
Ambassador highlights ASEAN’s achievements
In the article, Deputy PM Minh recalled the formation of ASEAN in Bangkok, Thailand, on August 8, 1967 with Indonesia, Malaysia, Singapore, Thailand and the ... The Vietnam Safe Agricultural Product Export Company is active in several European markets ... ( read original story ...)
Lagos Free Zone woos Singaporean investors as existing investments hit $150m
... its export capacity as the company hope to ensure that 25 to 30 percent of its locally produced goods go for export. Koh Poh Koon, Singapore Minister of State for Trade and Industry, who led Singaporean trade delegation to Lagos Free Trade Zone ... ( read original story ...)