Singapore
MoF slaps equity interests in PHEs transferred into living trusts with addt’l conveyance duties
MoF slaps equity interests in PHEs transferred into living trusts with addt’l conveyance duties
The ACD will apply to transfers made on or after 10 May.
Manulife US REIT posts 91.7% occupancy in Q1
The recorded occupancy is above the US Class A average of 83%.
77% of units at Piccadilly Grand sold on weekend launch
Units were sold at an average selling price of $2,150 psf.
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.
Manufacturers facing more expensive production costs: UOB
This after the Purchasing Manager’s Index showed higher input prices in April 2022.
Retail sales to expand by 6.0% in 2022: forecast
Domestic retail environment to be supported by further border reopening.
Market Update: STI down 1.38%
Jardine Cycle & Carriage is the only firm in the green.
How Bank-Genie is granting the financial wishes of the unbanked
The startup helps banks open remote branches for just $100.
Keppel O&M gets around $250m worth of integration FPSO contracts
The contracts were from repeat customers.
Freehold good class bungalow on Joan Road on sale for $48m
The price is $1,628 per square foot.
FLCT’s DPU rose by 1.3% in H1
It went up to 3.85 cents from 3.80 cents.
SIA Engineering Company's group profit rises to $67.6m
The increase was driven by higher flight activities.
MPA ramps up fuel testing after contamination of over 200 vessels
Chlorinated Organic Compounds will be included in the list of chemicals for testing.
High Court convicts masterminds in 2013 Penny Stocks Crash
Soh and Quah controlled 187 trading accounts to manipulate stock prices.
F&B sales up 4.7% YoY in March 2022
Total sales value was estimated at $806m.
Corruption-related cases rise by 4% in 2021: CPIB
The majority of the cases were from the private sector.
Retail sales jump 8.7% YoY in March
The increase was driven by larger growth in mutiple industries.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation