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    Singapore

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    • May 11, 2022
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    Singapore led South-east Asia’s private equity investment rebound in 2021: Report

    SINGAPORE – Singapore had another strong year for private equity (PE) deals in 2021 as the rest of South-east Asia also emerged out of the Covid-19-induced lull in 2020, said a report by global consultant Bain & Company. However, even as the fundamental growth story for Singapore and the region remains intact, some slowdown in […]

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    • May 11, 2022
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    Singapore: Condo resale prices rise for 21st straight month in April, suburban prices hit new high

    SINGAPORE – Prices of resale condominium units edged up for the 21st straight month in April, while transactions fell slightly as the market stabilised following property cooling measures. Last month, condo resale prices rose at a slower pace of 0.7 per cent compared with March’s 0.8 per cent, according to flash figures from real estate portals 99.co […]

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    • May 10, 2022
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    Singapore asks firms to hire locals amid foreigner shortage

    Singapore appealed for firms to hire more locals as a pandemic-driven fall in foreign workers, together with an easing of virus curbs, continues to drive the city-state’s worst labour shortage in over two decades. Manpower Minister Tan See Leng said in parliament Monday that while certain sectors such as construction has seen a recovery in […]

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    • May 9, 2022
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    Singapore slaps 35% ABSD on residential property transfers into living trust, closing loophole

    AN ADDITIONAL Buyer’s Stamp Duty (ABSD) of 35 per cent will be imposed on any transfer of residential property into a living trust, where the transfer occurs from May 9, the Ministry of Finance announced late on Sunday night (May 8). Under current regulations, ABSD may or may not be payable upon such a transfer, […]

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    • May 6, 2022
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    Jobseekers’ market forces Singapore companies to shake up culture, hire abroad

    BORDERS are reopening and businesses are getting back into the swing of things, but a talent crunch that emerged at the height of the Covid-19 pandemic is showing no signs of abating. Job vacancies are at a record high and there are more openings than unemployed persons in the country. Companies are therefore having to […]

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    • May 5, 2022
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    Six in 10 in Singapore prepared to request pay rise amid labour crunch, inflation: Survey

    SINGAPORE – Workers in Singapore have high expectations of being given a pay rise and are ready to push their employers to get it, as costs of living increase amid a sharp labour crunch. Human resources services company ADP said on Thursday (May 5) its annual People At Work report found six in 10 workers in Singapore are […]

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