Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city-state if Britain extradites him to face charges, officials said Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$30,000 ... ( read original story ...)
Harvard Grad Raids Silicon Valley to Grow AI at Thai Bank
The unit, SCB Abacus, has wooed about 30 Thai technology experts from ... to develop and upgrade technology infrastructure in the three years starting 2017. In contrast, Singapore’s DBS Group Holdings Ltd. spent S$5 billion ($3.8 billion) on ... ( read original story ...)
Blockchain to upend payment systems by ditching middleman
SCB will also launch investment centres across the country ... to provide practical training and investing experience to a large number of students across Singapore, Thailand and India. TrakInvest provides users with a simulated platform for trading ... ( read original story ...)
Green buildings pay out in more than just
Since then, green buildings have been multiplying at a 54 per cent annual growth rate and now reach more than 5 million square metres nationwide, according to SCB’s Economic Intelligence ... Disparity arises regionally, though. Singapore is keen to ... ( read original story ...)
Asian Stocks Took Their Cues From the U.S, Wiping Out 2018 Gains
At Janus Henderson Investors in Singapore, a fund manager has boosted defensive stocks ... I think I just want to be patient and cautious” SCB ASSET MANAGEMENT (Narongsak Plodmechai): “We have anticipated some correction in the first quarter, as ... ( read original story ...)
10 Restaurants In Millenia Walk Where HSBC Cardholders Can Enjoy 15% Off
Tokyo Chopped Salad is Singapore’s first chopped salad concept by Chef Teppei ... Beef Tataki Salad ($14.90), topped with hearty beef slices and premium red rice. HSBC cardholders can enjoy 15% off your total bill. Now, you can have your salad the ... ( read original story ...)
HSBC more than doubles pre-tax profits to US$17.2b in 2017
1 Singapore Budget 2018: Top marginal buyer's stamp duty for residential properties up to 4% from 3% 2 Singapore Budget 2018: GST to be hiked to 9% in "earlier" part of 2021-2025 period 3 Singapore Budget 2018: SG Bonus 'hongbao' of S$100, S$200 or S$300 ... ( read original story ...)
Singapore Boosts Taxes for Revenue
Feb.19 -- Singapore Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. Bloomberg's Haslinda Amin reports ... ( read original story ...)
Singapore Budget 2018: 9 things that will affect households and Singaporeans
SINGAPORE - Finance Minister Heng Swee Keat presented the Budget before Parliament on Monday (Feb 19), laying out the Government's revenue and expenditure for the 2018 financial year. The crop of announcements included raised GST, enhancements to the ... ( read original story ...)
32,000 households are in mortgage of 3 months or more
A drop in household income and prolonged unemployment or illness are among the common reasons why Singapore households fall into mortgage arrears, revealed the Ministry of National Development. Notably, out of the 405,000 households with outstanding ... ( read original story ...)
Singapore Budget 2018: Singapore property stocks fall on higher stamp duty for home buyers
SINGAPORE (BLOOMBERG) - Singapore property stocks declined on Tuesday (Feb 20) after the Government raised taxes on home purchases of more than S$1 million, just as the housing market started to recover from a four-year slump. UOL Group and City ... ( read original story ...)
Singapore Budget 2018: Impact of buyer’s stamp duty
The S$1.99 million increase translates to nearly 1 per cent of the property price. Under a drive to make Singapore's tax system more progressive, Finance Minister Heng Swee Keat annnounced on Monday that the top marginal BSD rate would be raised from 3 per ... ( read original story ...)
Singapore Budget 2018: GST to apply to digital services from 2020
In other words, offerings from companies not based in Singapore currently, which are not affected by the tax now. The change also means that GST could be applied to a wide variety of software and services, such as mobile app downloads from Google Play ... ( read original story ...)
RPT-Higher home buyer tax seen cooling Singapore’s collective sales frenzy
SINGAPORE, Feb 19 (Reuters) - Singapore’s move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state’s recovering property market, analysts said. From Tuesday, the wealthy ... ( read original story ...)
Singapore to introduce GST on imported digital services
Singapore online shoppers currently were not taxed for purchases valued at below S$400. The new GST would be applied to business-to-business (B2B) and business-to-consumer services, such as marketing, accounting, and IT services as well as apps ... ( read original story ...)
Singapore’s brick artist
Jeffrey Kong is an established brick artist in Singapore. He believes that it can be used to build all kinds of objects and express all areas of life - or even death. ( read original story ...)