SINGAPORE – New private home sales rebounded in May from April, even as Singapore entered the second month of its Covid-19 circuit breaker period. Developers in Singapore sold 484 private homes in May, going by sale caveats, Knight Frank Singapore said on Wednesday (June 10). This is 74.7 per cent more than the 277 private homes sold by […]
Read MoreSOME 167 fintech firms and financial institutions have signed up for digitalisation grants, two months after the government rolled out a S$125 million support package for the industry. Close to 4,700 industry professionals are also taking advantage of training allowances offered as part of the package, that cover up to 90 per cent of fees […]
Read MoreBUSINESS sentiment among local firms remains downbeat for the third quarter of this year, but has improved from the previous quarter’s record low amid the economy’s gradual reopening. Particularly, the manufacturing and financial services sectors anticipate a slightly better outlook ahead, according to the Singapore Commercial Credit Bureau’s (SCCB) latest quarterly survey released on Tuesday. “With […]
Read More[SINGAPORE] Resale prices for non-landed private homes held steady in May despite another plunge in sales volume during the second month of the circuit breaker period, according to flash figures from real estate portal SRX Property on Tuesday. About 171 units were resold in May, similar to levels seen during the financial crisis of 2009. […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is considering tightening the due diligence process for customers at its casinos in an effort to prevent money laundering and financing terrorism, according to the Casino Regulatory Authority (CRA). The regulator earlier halved the legislative threshold for the amount of cash transactions at casinos that are subject regulatory review to $5,000, […]
Read MoreSINGAPORE – The strong growth in foreign currency deposits in Singapore this year has come from a variety of sources – domestic, regional, and beyond the region. No single region or country dominates, said the Monetary Authority of Singapore (MAS) on Sunday (June 7), adding that media reports last week suggesting that there were large […]
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