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Singapore’s Investment in Indonesia Up 38 Percent

TEMPO.CO, Jakarta – Singapore’s new investment in Indonesia reached US$5.04 billion or rose 38 percent in the first half of the year compared with the same period last year. In the whole of 2017, Singapore’s new investment was valued at US$8.44 billion in the country, Industry Minister Airlangga Hartarto said on Sunday. Meanwhile, Indonesia’s exports of non-oil/gas commodities to Singapore were valued at US$9 billion making that neighboring country the fifth largest destination of Indonesia’s exports of commodities other than oil and […]

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Singapore market still singing trade war blues

BEGUN, the trade war has. And the wall of tariffs dividing the US and China could stretch well beyond 2019, pundits say, making bargain hunting in affected Singapore stocks a difficult proposition. Credit Suisse’s private banking research head for South-east Asia Kum Soek Ching told The Business Times: “Anyone going into the Singapore market now […]

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Singapore property market facing ‘many challenges’: Redas president

THE recent cooling measures have “indeed weakened market sentiments and demand” by raising the barriers for entry for “all categories of buyers”, said Real Estate Developers’ Association of Singapore (Redas) president Augustine Tan at the group’s annual mid-autumn festival lunch on Wednesday. Nearly 46,000 private residential units could be available for sale between 2019 and 2020, which would take around […]

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Singapore ranks second in top Asian locations for tech companies: Colliers

SINGAPORE is the second-best city for technology companies looking to establish or expand operations in Asia, according to a report published on Wednesday by real estate services and investment management company Colliers International. In the report, titled “Top Locations in Asia – Technology Sector”, Colliers ranked 16 large Asian cities on socio-economic, property and human factors […]

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