PETALING JAYA: Malaysians continue to be the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, after the Chinese. Quoting Singapore’s Urban Redevelopment Authority (URA), Singapore-based property consultancies Cushman & Wakefield and Savills said Malaysians were the second-largest group after the Chinese for the first half of 2019. Cushman’s research head Christine […]
Read MoreSINGAPORE: Singapore saw its lead over Hong Kong shrink to just a whisker in the battle to be Asia’s biggest foreign-exchange currency hub. To keep its advantage, the island state wants to attract more companies to set up electronic trading platforms. Average daily trading in Singapore jumped 22% to a record $633 billion in April […]
Read MoreSingapore’s limited exposure in terms of trade and investment in Britain could see the Republic emerge relatively unscathed from Brexit, which remains mired in uncertainty after a chaotic parliamentary session in Britain last week, analysts said. Singapore’s trade with Britain accounted for only one per cent of its total exports and 2.1 per cent of […]
Read MoreSINGAPORE: Singapore’s exports in August shrank for the sixth straight month, but the drop was less than analyst forecasts, official data showed on Tuesday. Non-oil domestic exports (NODX) last month fell 8.9% year-on-year as electronics shipments fell 25.9%, data from the trade agency Enterprise Singapore showed, compared with a revised 11.4% decrease in July. A […]
Read MoreLOCAL business confidence hit a near two-year low for the final quarter of 2019, according to Singapore Commercial Credit Bureau (SCCB)’s latest Business Optimism Index study, with manufacturing and wholesale trade braced for a downturn. Business sentiment dipped from +6.91 percentage points in Q3 to +4.82 percentage points in Q4. Year-on-year, it nearly halved from […]
Read MoreDEVELOPERS in Singapore moved 1,122 private homes in August 2019, down 4.8 per cent from the 1,179 units they sold in the previous month, but 81.8 per cent higher than the the 617 units sold in August 2018. The above figures – which exclude executive condominium (EC) units – were released by the Urban Redevelopment […]
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