News
Hong Kong beats Singapore again -- as the most expensive place to do business
Hong Kong beats Singapore again -- as the most expensive place to do business
The gap between Singapore and Hong Kong in terms of office rents has widened further – from 45 percent as of end December 2008 to 67 percent in 2H 2009.
Expats stranded as Barang Barang bust and MD resigns in family affair
After filing for voluntary liquidation in February, Barang Barang announced its Managing Director Lim Kok Hui had resigned “for new prospects” as facebook customer groups go nuts.
Nomura and Barclays save Singapore office market
The arrival of big banks at the new Marina Bay Financial Centre may signal a turning point for grade A office space as rents bottom out and leasing picks up.
More signs residential market slowing as price rises abate
You may want to hold back on buying that property with latest URA figures showing a slowdown in residential prices, which rose 5.1% in the three months to March compared to 7.4 % in the previous quarter.
Bankrupts celebrate as they can get an annulment and wipe the slate clean
Like an unhappily married partner, new laws will allow Singaporean bankrupts who have their bankruptcy anulled to have any record of it expunged from the record.
Warning signs as residential market slows
It may just be the beginning of a trend, but after almost a year of increases, volume of residential property sales declined 8.5% quarter-on-quarter as industrial property sales overtook.
Singapore's housing sector set new price records
1Q 2010 resale price index estimates expected to increase 2.7% to 154.9 as demand flourishes.
Council for Third Age & POSB launch Active Card
Singaporeans at least 45 years old are now further protected against fraud or theft while also enjoying healthcare privileges with the launch of the Active Card.
Property companies may be in the spotlight
Stocks of Singapore property companies are potentially hot on Monday with home prices still rising after recent record transactions.
ST Engineering's marine arm obtains upgrade and maintenance contracts
S$55mln contracts from Singapore Navy, New Zealand research agency, and Partnership Ltd secured by ST Marine.
ST Engineering's US shipyard to build two tugs
Contract valued over S$29mln will construct tugs over nest 16 months for Overseas Shipholding Group.
ST Engineering's aerospace arm bags S$1bln contract
ST Aerospace will provide comprehensive engines maintenance and engineering support for Jet Airways’ 143 CFM56-7B engines.
Office rents buck downward trend as occupancy improved
Landlords are more reluctant to lower rents as Q1 2010 office occupancy rate up 92.6%.
Industrial rents held firm after quarters of decline
Rents seen to bottom this year as Q1 2010 figures stabilize after 5 months of decline.
Number of services sector establishments up 6.8%
SingStat has released data in The Services Sector report as part of the Economic Survey Series, including the 11.1% rise in Total operating receipts to $1,705.2 billion.
Singapore Exchange to delist 5 companies under watch-list
Move was prompted by companies’ 3 consecutive years of financial losses.
Singapore's indirect tax rate still among region's lowest
7% rate remains low despite global trend making goods and services tax key government revenue source.
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