SINGAPORE: Singapore home prices may rise as much as 10 percent by the end of next year and are on track to double by 2030 as faster income growth overpowers recent property curbs and higher interest rates, according to according to Morgan Stanley. Home prices rose in four of the five previous rate hike cycles, […]
Read MoreSINGAPORE: Singapore’s economy expanded slightly less than expected in the third quarter from the previous quarter on an annualised basis, with growth supported by an improvement in the construction sector, preliminary data showed on Friday. The economy grew 4.7 percent in the July-September period from the previous three months on an annualised and seasonally adjusted […]
Read MoreSINGAPORE: Singapore’s central bank tightened monetary policy for a second time this year, encouraged by steady economic growth despite worsening U.S.-China trade tensions. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool, raised the slope of its currency band slightly, according to a statement on its website Friday. That […]
Read MorePresident Joko “Jokowi” Widodo and Singaporean Prime Minister Lee Hsien Loong have agreed that Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) would have a currency swap agreement in facing the global uncertainty. The agreement was announced when the leaders met in Bali on Thursday. “Amid the global financial market uncertainty, cooperation is […]
Read MoreSINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country. “We should not be trying to create an extremely lax regulatory environment in order to attract that kind of business,” […]
Read MoreTHE sluggish rental market for both private and HDB properties is showing no signs of improving, going by flash data from real estate portal SRX on Wednesday. Rents for condominiums and private apartments in September dipped by 0.4 per cent from the previous month. They were unchanged in August, from an earlier SRX estimate of […]
Read More
Thailand
