SINGAPORE remains the biggest catchment area for American direct investments in Asia. Some US$15 billion were poured into factories and offices in the city state last year, raising the level of investments from the United States to a book value of US$274.3 billion in Singapore – more than the combined US investments in China (US$107.6 billion) and Japan (129.1 billion), […]
Read MoreTHE lacklustre rental market for both private and HDB properties dragged on for another month, going by data from real estate portal SRX on Wednesday. Rents for condominiums and private apartments in August dipped by 0.1 per cent from July, after being unchanged since May. This brings private rents back to year-ago levels, that is August 2017. Private property rents are also […]
Read MoreSINGAPORE: One of the world’s easiest places to do business, the city state is making it simpler for investment managers to register funds locally as it goes after a bigger slice of the US$69 trillion global asset-management industry. While many asset managers have offices in Singapore, most of their funds are still registered in offshore jurisdictions. A […]
Read MoreRESALE prices of private non-landed homes in Singapore dipped last month, breaking a 12-month climb to record highs, after the latest property cooling measures took effect in July, going by data from real estate portal SRX Property. Resale prices of condominiums and private apartments declined by 0.2 per cent in August from the previous month, […]
Read More[SINGAPORE] Singapore’s small construction firms are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The island’s economy grew at a slower pace in the second quarter than initially projected as construction plunged. Singapore increased stamp duties for developers in July, and also tightened borrowing limits […]
Read MoreLast month, 24-hour store Mustafa Centre was found to be disposing of nearly 100kg of fruits and vegetables daily, sparking concerns about food waste in Singapore. According to the National Environmental Agency, the amount of food waste generated in Singapore has increased by about 40 per cent over the past 10 years. This number is […]
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