Ever wondered what tourists visiting Singapore enjoy doing in the Lion City? It turns out eating and shopping are among the top activities – at least according to how much money they’ve spent doing these things. The latest Mastercard Global Destination Index reveals that Singapore is the fifth top city for tourist spending in the […]
Read MorePWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with a lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups. In its Budget 2019 proposal published on Tuesday, the audit and consulting firm said the current tax incentive […]
Read MoreNON-OIL domestic exports (NODX) in November slipped 2.6 per cent from a high base a year ago – a surprise drop which underscores the market’s cautious outlook for trade in the months ahead. The drop, which came after October’s 8.2 per cent jump, was the first year-on-year monthly decline since March 2018, notes OCBC Bank’s Treasury Research […]
Read MoreBUSINESS confidence among local companies moderated significantly for the first quarter (Q1) of next year, weakening for the second straight quarter. This is according to the latest quarterly Singapore Commercial Credit Bureau’s (SCCB) Business Optimism Index released on Tuesday. The overall index eased from +9.19 percentage points in Q4 2018, to +7.19 percentage points for Q1 2019. However, compared to a year […]
Read MoreSINGAPORE: Private home sales in Singapore more than doubled in November from October as developers marketed more projects. Home builders in the city-state sold 1,198 units last month versus 487 apartments in October, the Urban Redevelopment Authority said Monday. Key Insights Home sales rose to the highest since July. One of the main reasons for […]
Read MoreSINGAPORE: Singapore’s non-oil domestic exports (NODX) growth fell more than expected in November with shipments to most of its major trading partners declining, official data showed on Monday. Exports fell 2.6 percent in November year-on-year, data from the trade agency International Enterprise Singapore showed, falling sharply from the revised 8.2 percent rise the month before. […]
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