SINGAPORE: The Monetary Authority of Singapore (MAS) today warned members of the public not to be misled by fraudulent websites that solicit investments in cryptocurrencies using fabricated information attributed to the Singapore Government. In a statement here, the central bank said that these websites falsely claimed that Singapore is adopting a cryptocurrency as its official […]
Read More[SINGAPORE] Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore’s banks, potentially further dragging down the city’s housing market. Home-loan growth slowed to 1.9 per cent in the first 11 months of 2018, less than half the 4.2 per cent increase posted in 2017, the […]
Read MoreRENTS for retail space in the central region of Singapore rose by 1.2 per cent in the fourth quarter of 2018 over the previous three months – contrasting with the drop of 1.2 per cent in the third quarter, according to data released by the Urban Redevelopment Authority (URA) on Friday. For the whole of 2018, […]
Read MorePRIVATE home prices in Singapore eased by 0.1 per cent in the fourth quarter of last year, after inching up 0.5 per cent the previous quarter, according to data released by the Urban Redevelopment Authority (URA) on Friday. This marked a 7.9 per cent increase in the private property price index for the whole of 2018, as compared […]
Read MoreSINGAPORE: Singaporean commodity trader Olam International said on Friday it will sell its sugar, rubber, wood products and fertiliser businesses and other assets to release $1.6 billion of cash to reinvest as part of a six-year strategic plan. The company plans to invest $3.5 billion in the period to 2024 in 12 prioritised businesses, including […]
Read MoreA LONG-AWAITED move by Singapore’s transport regulator to impose tighter rules on private-hire operators is finally on the way. The Land Transport Authority said on Thursday it is proposing to license all street-hail and ride-hail operators “as they provide the same fundamental service of transporting commuters from point to point”. This is a stark change […]
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