SINGAPORE: Singaporeans’ deep-seated desire for home ownership has seen them snap up the biggest share of residential properties versus foreigners in a decade. About 79 percent of private apartments went to Singaporeans in the first quarter, the most since the first three months of 2009, according to property consultants OrangeTee & Tie Pte. And the […]
Read MoreSINGAPORE is a step closer to fulfilling its aim to become an international debt restructuring hub, akin to London or New York, after a landmark ruling by an English court to recognise the city-state’s new moratorium law for insolvency and corporate restructuring. This comes after the High Court of England and Wales last month recognised the reprieve granted by […]
Read MoreFrom October 1, Singaporeans who want to drive into Malaysia via Johor will have to obtain a special permit first. Malaysia’s ministry of transport announced on Thursday (April 25) that all foreign-registered vehicles must have a Vehicle Entry Permit (VEP) by the deadline, otherwise they will not be allowed to enter the country, Bernama reported. The Malaysian government […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is grabbing a sub-second opportunity to win a bigger slice of the world’s US$5.1 trillion-a-day foreign exchange market. The South-east Asian nation is encouraging major foreign-exchange players to build systems in the country that would remove the sub-second delay caused by routing trades via Tokyo or London. The move is part […]
Read MoreVISIT a bank now and you will most likely be greeted by a bank teller, customer service officer and a relationship manager. But those roles might soon be taken over by a digital ambassador, who would also be expected to use advanced analytics to predict customers’ needs and provide advisory services to customers beyond the […]
Read MoreSINGAPORE’S headline inflation inched up in March, though core inflation eased marginally, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core inflation, which strips out housing and private transport costs, was 1.4 per cent in March, easing slightly from 1.5 per cent in February and lower than economists’ […]
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