• More affordable resale HDBs for first-time applicants

    Finance Minister Heng Swee Keat announced, with immediate effect, in his Budget statement today that the CPF housing grant has been raised to $50,000 for first-timer couples buying four-room or smaller HDB flats from the resale market. The CPF housing grant was previously capped at $30,000. First-timer couples can now …

  • Singapore Budget 2017 – Live Updates, Thoughts & Comments

    Live updates on the Singapore Budget 2017. The post Singapore Budget 2017 – Live Updates, Thoughts & Comments appeared first on DollarsAndSense.sg.

  • Property firms eager to become master developers

    Many developers in Singapore have expressed their eagerness to participate in a private-public partnership model that will see them master planning new districts, revealed media reports...

  • While the Fed isn’t “behind the curve” on interest rates yet, delaying policy tightening will create risks, Mester said in reply to questions after a speech delivered in Singapore on Monday. Investors have raised their bets of a U.S. rate increase as early as March or May after relatively hawkish congressional testimony …

  • Singapore set for modest fiscal push in Budget 2017

    According to Bloomberg, with China’s economy showing consistent signs of recovery, spurring exports across the region, the immediate pressure is off Finance Minister Heng Swee Keat to provide a large stimulus package when he gives his budget speech in Parliament on Monday. Consumer demand remains weak though, and with …

  • ST Engineering to thrive amidst Singapore's Smart Nation initiative

    It is poised to clinch $2.5b worth of deals this year. As Singapore realises its Smart Nation dreams, ST Engineering is expected to benefit from it the most. "Electronics could be the star in the era of smart nation and focus on infocom technology (ICT) and cyber security," a report from CIMB noted.

  • It's raining men: More male tourists seen in Singapore during CNY

    Male tourists were seen 1.5 times higher compared to female ones. During the recently celebrated Chinese New Year, location intelligence platform Near found out that male tourists were seen 1.5 times higher compared to female tourists. Around 61% of the 48,000 tourists and 36,500 who flocked seven locations in Singapore …

  • CapitaLand's residential sales poised for a strong uplift this year

    Big-time developer CapitaLand continued to see strong momentum in its residential division in both Singapore and China, a report from DBS Group Vickers noted. The report noted that in Singapore, the group the group has substantially sold most of its available development projects and will book a one-time gain of close …

  • OCBC takes a hit from higher bad loans in Q4

    Non-performing loans spiked 12% to $306m. The distress in the oil & gas sector is still on-going for Singapore banking giants, contributing to the increase in non-performing loans. This is the case with OCBC whose NPL ratio deteriorated slightly from 1.19% to 1.26%.

  • Chart of the Day: Public investment to mitigate the weakness in private investment

    Household spending added a meagre 0.2ppt to 2016 growth. The fall in private investment has been mitigated by the improvement in the public investment, helping Singapore GDP growth to spike 2.9% in 2016. According to Standard Chartered, private consumption may remain weak, given that household spending added a meagre …

  • Daily Briefing: Singapore, Hong Kong restart dual-class push to snag IPOs; Trump's 'lack of clarity' a risk to Singapore growth

    Hong Kong and Singapore are at it again. The Asian financial hub rivals are reviving a debate on dual-class shares as global competition for the hottest initial public offerings intensifies. Singapore is a few steps ahead.

  • Live Blog: Singapore Budget 2017 Yahoo Finance Singapore
    Live Blog: Singapore Budget 2017

    UPDATED 5:15pm, Feb 20, to reflect that the Budget Statement was delivered.

  • With China’s economy showing consistent signs of recovery, spurring exports across the region, the immediate pressure is off Finance Minister Heng Swee Keat to provide a large stimulus package when he gives his budget speech in Parliament on Monday. Consumer demand remains weak though, and with global uncertainties mounting, …

  • (Bloomberg) -- As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher.These companies may be steady defensive businesses with consistent margins, said Gregory Yap, an …

  • Zimbabwe President Robert Mugabe says he has no "acceptable" successor in place

    Zimbabwean President Robert Mugabe, who turns 93 on Tuesday, has no plans to give up power, saying he has no "acceptable" successor in place. "The call to step down must come from my party, my party at congress, my party at central committee," Mugabe said in excerpts from a radio broadcast that will air this week and that …

  • DEAL WATCH: Unit at The Metropolitan on the market for $1,287 psf

    A 1,399 sq ft, three-bedroom unit at The Metropolitan Condominium was recently put up for sale on TheEdge Property.com for $1.8 million ($1,287 psf). The Metropolitan Condominium is a 99-year leasehold development located on Alexandra View that was jointly developed by CapitaLand and Lippo Group. The project is conveniently …

  • Tan & Tan Developments to launch KL’s Stonor 3 in Singapore

    Kuala Lumpur-based developer Tan & Tan Developments will be launching its latest high-end residential project, Stonor 3, for sale in Singapore on Feb 18 and 19. Stonor 3 is being developed by Cipta Klasik, a joint venture company in which Tan & Tan owns a 70% interest and Mitsubishi Jisho Residence holds the remaining …

  • The difference the Trump and Obama administration? 83 years of business experience

    A US Trump Administration will inject a high degree of uncertainty surrounding the global economic outlook with an important risk of increased trade protectionism. These pressures will hurt the Singapore economy, especially if there is a serious deterioration in US relations with China.

  • A fully-loaded container vessel waits outside a container terminal in Singapore, on February 9, 2017

    Singapore's trade-driven economy rose faster than thought in 2016 but concerns over a "lack of clarity" on US President Donald Trump's policies could hit growth this year, the government said Friday. The economy expanded 2.0 percent in 2016, powered by a strong manufacturing sector performance in the fourth quarter, final …

  • Singapore's trade-driven economy rose faster than thought in 2016 but concerns over a "lack of clarity" on US President Donald Trump's policies could hit growth this year, the government said ...

  • Murder convictions in Singapore are punishable by death and carried out by hanging

    Two Pakistani men face the gallows in Singapore after a court Friday found them guilty of murdering a compatriot over a gambling dispute and dismembering the body. Street-side tissue sellers Rasheed Muhammad, 45, and Ramzan Rizwan, 28, were convicted of smothering fellow Pakistani Muhammad Noor to death in their lodging …

  • World Economic Outlook 2017 by top industry players

    Yes, 2016 was a really messy year. And yes, some of its effects will carry on to 2017. But the STI was not greatly affected, as we could see from its performance at year end. So it's not all doom and gloom for Singapore this year.

  • Why Singapore is the fastest growing private wealth management hub

    The role of Singapore as a hub for private wealth management has increased dramatically in the past several years.  This is due to the combination […]

  • Top asset management firms in Singapore to consider investing with

    The role of Singapore as a hub for private wealth management has increased dramatically in the past several years.  This is due to the combination […]

  • Will Singapore keep its property curbs this year?

    According to Bloomberg, Singapore’s residential property curbs are set to stay in place for at least another year amid signs the city’s housing market is stabilising, the chief executive officer of Southeast Asia’s biggest developer said. “We see volume picking up and the price declines have slowed,” Lim Ming Yan, the …

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