SINGAPORE’S private residential property is now the most expensive in the Asia-Pacific, overtaking Hong Kong in 2022, according to a report released by the Urban Land Institute (ULI) on Tuesday (May 30). ULI noted that the median price of Singapore’s private-sector homes now stood at US$1.20 million, compared with Hong Kong at US$1.16 million. In […]
Read MoreINDONESIA has lifted a 20-year-old ban on sea sand exports, a copy of a government regulation showed. The measure could help land-expansion projects in neighbouring Singapore, but there is concern among environmentalists about marine habitats. Indonesia first scrapped sea sand exports in 2003 and reaffirmed that in 2007, in a move against illegal shipments. Before the […]
Read MoreSINGAPORE, Singapore — Singapore’s economy posted better-than-expected results in the first quarter of 2023, official data showed Thursday, but the government warned that the global outlook remains gloomy. The Southeast Asian city-state’s economic performance is often seen as a barometer of the global environment because of its reliance on international trade. Its economy expanded by […]
Read MoreANN/THE STRAITS TIMES – Retail sales in Singapore rose for the second straight month in March, although at a slower pace year on year. Most industries saw bigger takings at the till. Economists see retail sales slowing further this quarter, but it could accelerate in the second half of the year. Sales climbed 4.5 per […]
Read MoreEXPATS aren’t the only ones feeling the pinch of rents in Singapore rising at the fastest pace in the world. The pain is trickling down to young singles like Sonam who are largely shut out of the nation’s subsidised housing programme and starting to question the government’s resolve to tackle the problem. The 33-year-old tech […]
Read MoreSingapore is expected to post slower economic growth this year, but it “should avoid an outright contraction,” Singaporean Prime Minister Lee Hsien Loong (李顯龍) said yesterday. The Southeast Asian city-state’s economic performance is often seen as a barometer of the global environment because of its reliance on trade with the rest of the world. The […]
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