• Can Shopping Online Save Singaporeans More?

    The e-shopping landscape in Singapore is exploding - a study by Visa showed that 26% of...

  • Prices of resale non-landed residential properties in Singapore remained flat in July 2015 from the previous month, revealed flash estimates from the NUS Singapore Residential Price Index (SRPI).

  • Completed mass-market condo prices dip 0.2% in July

    While upscale home prices inched up. Prices of completed non-landed homes slipped by -0.2% in July, according to the National University of Singapore (NUS) Singapore Residential Price Index (SRPI). Meanwhile, ...

  • If it’s the end of the line for Boeing Co.’s 747 jetliner, nobody told British Airways. The largest operator of the hump-backed icon -- dubbed the Queen of the Skies on its debut in 1970 -- is plumping up seat cushions, hanging fresh curtains and upgrading entertainment systems on 18 planes. Upgrading the best-selling …

  • The rebound in China’s stocks will be short-lived because state intervention is too costly to continue and valuations aren’t justified given the slowing economy, says Bank of America Corp. “As soon as people sense the government is withdrawing from direct intervention, there will be lots of investors starting to dump stocks …

  • Minister of State for National Development Dr Maliki Osman said Singapores public housing policies are not only about meeting basic needs, but also about fulfilling aspirations, reported Channel News Asia. The Housing and Development Board (HDB) has been catering to the needs of the younger generation in search for a new …

  • Singapore will be negatively affected by the depreciation of the Malaysian ringgit and the countrys struggling economy due to close economic links between both countries, said Foreign Affairs Minister K Shanmugam yesterday, reported Channel NewsAsia.

  • German chemicals firm Lanxness unveils $314m plant in Singapore

    It has created around 100 skilled jobs. Lanxness, a German specialty chemicals company, has invested $314m (EUR 200m) into its new neodymium butadiene rubber plant in Jurong Island. The plant has an annual ...

  • Gold climbed to pare the biggest weekly decline in a month as investors weighed whether surging U.S. economic growth may be difficult to sustain in the short run and prospects dimmed for an interest rate rise next month. Bullion for immediate delivery rose 0.6 percent to $1,131.81 an ounce at 11:34 a.m. in Singapore, according …

  • Noble Group Ltd., the commodities trader criticized over its accounting methods, climbed for a second day, extending its first monthly advance since November, after Mitsubishi Corp. agreed to pay a premium for a stake in rival Olam International Ltd. Noble jumped 5.8 percent to 54.5 Singapore cents as of 10:54 a.m. in …

  • Mitsubishi, betting on growing demand for food in Asia, agreed to buy a 20 percent stake in Olam International, the commodity trader controlled by Singapore’s state investment company, in two deals worth ...

  • Ezra Holdings Ltd. and Chiyoda Corp. shares jumped the most in at least nine months after they agreed to form a subsea services joint venture valued at $1.25 billion. Chiyoda advanced 7.4 percent to 910 yen in Tokyo, the biggest advance on an intraday basis since November 2014. Chiyoda will pay Ezra $180 million to form …

  • The S$915 million ($654 million) cash that Mitsubishi Corp. will pay for new shares of Olam International Ltd. will help Singapore’s commodity trader fund acquisitions, according to Chief Executive Officer Sunny Verghese. The rout in commodity prices and asset values is opening up opportunities for Olam to expand and the …

  • News Roundup PropertyGuru.com.sg

    To provide more housing options for elderly Singaporeans, the Ministry of National Development (MND) and Housing and Development Board (HDB) on Wednesday (19 August) introduced the two-room Flexi Scheme a unified scheme which replaces the existing two-room and studio apartment schemes. The scheme was first mooted by National …

  • The yuan’s devaluation is a wakeup call for Chinese companies that rarely hedge overseas debts, according to BlackRock Inc. and Aviva Investors Global Services Ltd. China’s second-biggest steelmaker Baosteel Group Corp., its largest auto rental company Car Inc. and developer Country Garden Holdings Co. said they’re considering …

  • Indian stock-index futures surged after benchmark gauges capped the second-biggest gain this year amid a rally in global shares. SGX CNX Nifty Index futures for September delivery advanced 1.9 percent ...

  • Chart of the Day: Luxury hotel room rates dip as corporate travellers vanish

    High-end hotels have been forced to reduce room rates in order to compete for a smaller pool of corporate travellers. According to JLL, Singapore's luxury hotels have seen a 4.6% year-on-year decline in their average revenue per available room (RevPAR) to $316 per room in the second quarter.

  • BTO flats and ECs are expected to become more popular after the government introduced new limits to make public housingmore accessible to higher-income households. With the upcoming general electionto be held on 11 September 2015, itisnt surprising to see the governmenttake steps to help more Singaporeansafford HDB flats …

  • The strength of the Singapore dollar together with lower barriers to entry make investing in foreign properties a tempting prospect. Investing overseas seems incredibly tempting, with ads promising no money down, guaranteed yields and returns, and a quality of life that would be much too expensive to enjoy in Singapore. …

  • Like most of Singapore, Simpang Bedok has seen its fair share of redevelopment. It may not be a large estate likeTampines or Bedok, but the eastside gemknown as Simpang Bedok has long beena popular haunt, thanks in no small partto the many gastronomic delights in thearea.

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