SINGAPORE’S retail sales dipped 0.8 per cent on the year in January, mainly on lower motor vehicle sales that corresponded with the lower Certificate of Entitlement quota, Department of Statistics (Singstat) data showed on Friday (Mar 3). This marked a reversal from December 2022’s 7.7 per cent growth. If not for motor vehicle sales, retail […]
Read MoreINDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those establishing family offices must deploy and maintain at least S$50 million in any of the four investment categories. The changes take effect on Mar 15 […]
Read MoreSINGAPORE ranks among the top markets for ultra-prime residential property transactions in 2022, alongside cities that the super-wealthy buy homes in, such as London and New York, according to real estate consultancy Knight Frank. In Knight Frank’s Wealth Report released on Wednesday (Mar 1), Singapore ranked sixth among the top 10 cities in the high-end […]
Read MoreINTEREST rates on the latest issuance of Singapore Savings Bonds (SSBs), which opened on Wednesday (Mar 1), have risen again, following a series of declines in recent months. The April tranche of SSBs, which are backed by the Singapore government, is offering a first-year interest rate of 3.01 per cent, and a 10-year average return […]
Read MoreSingapore remained the biggest foreign investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD, making up nearly 31.6% of the total registered foreign direct investment (FDI) in the country, down 42.7% year-on-year, the Ministry of Planning and Investment (MPI) reported. Hanoi […]
Read MoreSINGAPORE is one of the few countries whose unity has strengthened through the Covid-19 pandemic, giving it a good platform to navigate its foreign policy challenges amid a “perfect storm of multiple interlocking crises”. Interest from businesses, investors, and entrepreneurs in coming to Singapore remains, as they recognise and appreciate its stability and consistency, said […]
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