SINGAPORE — The Republic stopped importing sand from Cambodia after a ban took effect in November last year, said the Ministry of National Development (MND) as the issue of sand imports once again takes the spotlight. Responding to media queries ... ( read original story ...)
Singapore’s consumer prices rise for first time in 2 years
SINGAPORE: After a record two years of negative inflation, consumer prices in Singapore finally rose in December last year, with headline inflation coming in at 0.2 per cent. The rise in the consumer price index (CPI) was due to a larger increase in ... ( read original story ...)
Singapore, HK are finance, fintech partners, not rivals: Analysts
HONG Kong and Singapore are often pitted against each other as rival international finance and fintech hubs, but analysts say the two cities should be seen as partners - a view fintech companies seem to support too. After a successful launch in Singapore ... ( read original story ...)
Singapore CPI rises for first time in 2 years
SINGAPORE - Singapore's annual headline consumer price index in December rose for the first time in more than two years, but weak consumption and a subdued labour market suggest that inflation will remain modest for some time. The all-items consumer price ... ( read original story ...)
Crazy Rich Asians director aiming to film, cast as much as possible in Singapore
SINGAPORE: The director of the film adaptation of Crazy Rich Asians, Kevin Kwan’s best-seller about Singapore’s secret moneyed elite, is keen to shoot as much of the movie here as possible, while hinting that local actors could be in line for some key ... ( read original story ...)
Positive charge for Singapore's electronics industry
Singapore's semiconductor industry has been stuck in a rut over the past few years but prospects are finally looking up. Companies say they expect demand to improve this year, driven mainly by trends such as the release of new consumer electronic devices ... ( read original story ...)
Paya Lebar Quarter to have Singapore’s first wellness-focused office towers
“We are the first in Singapore to promote wellness in buildings,” says ... “In the past, banks attracted the brightest graduates,” says a property consultant. “Today, they all want to work for a tech company.” Staff costs, including salaries ... ( read original story ...)
Empty bungalows: Grand old dames worth millions left in the cold
In Singapore, such "abandoned" properties are not tracked ... Take, for instance, 67 Cairnhill Road, tucked among soaring condominiums. The aged property is shrouded by tall trees, overgrown ferns and plant roots that creep across a boundary wall. ( read original story ...)
GuocoLand posts S$57.12mil net profit in Q2
Meanwhile, GuocoLand completed the acquisition of a residential site at Martin Place in Singapore for a bid price of S$595.1 million during the six-month period. Last November, it also won the right to develop a mixed-use site measuring 48,961 sq m in ... ( read original story ...)
SCB said to be seeking bids for insurance arm
SINGAPORE - Siam Commercial Bank Plc (SCB) has begun to formally seek bids for its life insurance business in a sale that could raise about 106 billion baht ($3 billion) for the country's third-biggest lender, said people with knowledge of the process. ( read original story ...)
Singapore has strict criteria for sand imports, says Government, as controversy over Cambodian imports brews
SINGAPORE — The Republic stopped importing sand from Cambodia after a ban took effect in Nov last year, said the Ministry of National Development (MND) as the issue of sand imports once again takes the spotlight. Responding to media queries, the MND ... ( read original story ...)
Singapore State Court impose fine $1.4m on non-duty paid import
SINGAPORE: A company director was sentenced by the State Courts to a fine of $1,400,000 or in default 18 months’ imprisonment for importing duty-unpaid soju. According to details, a Singaporean David So pleaded guilty to four charges of importing duty ... ( read original story ...)
Citi moves goalposts on retail banking monthly fees
CITIBANK Singapore has tripled the amount of money that its mass retail clients have to tie to their accounts to avoid incurring a monthly fee, sharpening its focus on the "emerging affluent" market. The US bank told customers that it has standardised its ... ( read original story ...)
Strict rules in place for import of sand: Government
In fact, Singapore has ceased importing sand from its neighbour since last November, in compliance with a ban on all sand exports by the Cambodian government, he added. This superseded a May 2009 partial ban on certain types of sand. The MND statement ... ( read original story ...)
Win Streak May Continue For Singapore Stocks
The Singapore stock market has moved higher in back-to-back sessions, gathering more than 10 points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,010-point plateau, and the market may extend its gains on Monday. ( read original story ...)
Singapore Airlines expects ‘healthy rise’ in leisure, biz travel in local destinations
FOREIGN carrier Singapore Airlines anticipates a “healthy increase” in leisure and business travel in the Philippines, riding on the country’s forecasted economic expansion pegged at 6 percent annually through 2018. Singapore Airlines Regional Vice ... ( read original story ...)