• Chart of the day: Are new launches in the residential market losing their thunder?

    About 70% of Q2 sales were from previous launches. Singapore's residential market may well be on its way to stabilisation, as Q2 saw a pick-up in buying activity in tandem with new project launches. According to a report by CBRE Research, around 2,100 new homes were sold, which is 1.5 times of 1Q16's volume.

  • For bidders from China shopping overseas there is a new must-have: an insurance company. The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All ...

  • Gold dropped for the third time in four days before a Federal Reserve meeting which may shed light on the timing of interest-rate increases, and as investors considered the outlook for stimulus from the Bank of Japan. Bullion for immediate delivery fell 0.2 percent to $1,317.70 an ounce by 9:19 a.m. in Singapore from $1,320.26 …

  • Daily Briefing: Singapore’s top financial hub status under threat; Oil rigs’ profits plunge as bills pile up

    Singapore’s ambition to become Asia’s top financial hub is taking a battering. The biggest hit has been to its public markets: This year alone, nearly $5.5 billion in market capitalization is expected to vanish from Singapore’s stock exchange when flagship companies like global container shipper Neptune Orient Lines Ltd. …

  • 5 Signs You Just Aren’t Marriage Material (Women’s Edition)

    Men and women in Singapore are increasingly pushing back getting married. In our parents' time,...

  • 2 Best Credit Cards For Departmental Store Shopping In Singapore

    Are you a shopaholic who loves visiting departmental stores? If you aren't already using credit...

  • Singapore's policymakers have long battled the country's low birth rate, but will little success so far.

  • Switzerland’s importance as a private banking hub will shrink after the country increased its tax transparency, according to Indian billionaire Gopichand Hinduja, a shareholder in the family’s Geneva-based private bank. The world’s richest people are instead turning to countries like Dubai, Qatar and Singapore to house …

  • It's not just crude prices that are trending down again. Bank obligations and supplier bills are piling up, and customers aren't paying their contracts. The latest warning came from the world's largest builder of rigs, Keppel Corp. It said quarterly earnings dropped to the lowest in almost a decade amid a glut of vessels …

  • A new property tax on foreign buyers may finally cool Canada’s hottest market after home prices more than doubled in the last decade. Buyers from abroad will pay an additional 15 percent transfer tax on purchases of residential homes in Vancouver starting Aug. 2, the province of British Columbia said Monday, joining governments …

  • 5 Essential Shops for Singaporeans on a Budget

    ION Orchard or Paragon are what many shoppers in Singapore think of when they want to drop some cash. In fact, you’ll want to avoid standard malls and shops.  in favour of these five places that anyone trying to survive this country on a budget must know about. Before you buy anything, always check if Daiso has it fi …

  • The company is working with HSBC Holdings Plc to gauge potential interest in its stake in Asia Mobile Holdings Pte, the people said, asking not to be identified as the process is private. Ooredoo owns about 25 percent of Asia Mobile Holdings, which in turn holds 55.8 percent of StarHub, according to the Singapore-based …

  • The inflation rate in Singapore fell by 0.7% on an annual basis in June after a 1.6% drop in May and estimated forecasts of a contraction of 1.1%.

  • Singapore brands need to up the ante with their digital offerings: survey

    Singapore consumers are unimpressed with the digital experience offered by local brands, as only a quarter of consumers report feeling satisfied. SAP asserts that the poor DX score should be a cause of concern for Singapore brands as it indicates a sizeable gap in performance among industries and individual brands. The …

  • Ooredoo reportedly mulls parting ways with Starhub stake: Bloomberg

    According to a report by Bloomberg, Ooredoo QSC, the Qatari-owned phone carrier, is considering selling its shareholding in Singapore’s StarHub Ltd., according to people with knowledge of the matter. The company is working with HSBC Holdings Plc to gauge potential interest in its stake in Singapore’s second-biggest phone …

  • Singapore manufacturing output dips 0.3% in June

    Weighed down by a biomedical manufacturing contraction. June 2016’s manufacturing output has put the kibosh on a three-month YoY growth streak, as data from the Singapore Economic Development Board (EDB) ...

  • Work-life balance eludes majority of Singapore working mothers: survey

    Female workers in Singapore face a striking a work-life balance, as majority of working mothers are hard-pressed to spend time with family while maintaining their professional lives. According to a survey by employment marketplace JobStreet.com, over 7 in 10 (75%) working mothers in Singapore spend less than 10 hours with …

  • Ooredoo QSC, the Qatari-owned phone carrier, is considering selling its shareholding in Singapore’s StarHub Ltd., according to people with knowledge of the matter. The company is working with HSBC Holdings Plc to gauge potential interest in its stake in Singapore’s second-biggest phone company, the people said, asking …

  • MAS shuts the door on an easing of property cooling measures in 2016

    Property cooling measures will not be taking a cue from Singapore’s car financing limits, as MAS managing director Ravi Menon emphasized the looming risk of a renewed swell of property prices. In the Monetary Authority of Singapore’s Annual Report 2015/16, Menon announced that it would be premature to lift the property …

  • Suitors for the fast-food operations in the two Southeast Asian markets have begun sounding out banks for financing, said the people, who asked not to be identified because the information is private. McDonald’s is seeking local franchise partners to run its restaurants in Malaysia and Singapore as it pursues an international …

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