News

Malaysia announces tax incentives for Johor-Singapore SEZ

It includes a 5% corporate tax rate for up to 15 years for companies in advanced sectors.

Landed residential sales rise by 18.6% in 2024

It contributed to an annual total of $6.1b, an 18.6% increase from 2023.

Prime non-landed residential sales fall 27.1% in H2 2024

It contributed to an annual total of $1.4b, the lowest since tracking began in 2009.

ABSD reduction for foreign buyers of CCR homes pushed

It suggests halving the ABSD rate to 30% from 60%  for properties priced above $5m.

2025 budget must fund R&D in sustainability and AI governance: KPMG

They also advocate for increased funding in R&D for sustainable technologies and artificial intelligence governance.

JS-SEZ expands flagship zones with focus on key industries

The JS-SEZ also plans to facilitate 50 projects in the first five years.

Daily Markets Briefing: STI up 1.41%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 4.41% increase.

S’pore police to issue restriction orders on scam victims only as a last resort

Officers must first exhaust all possible interventions before issuing such orders.

Parkview Eclat luxury units up for sale: CBRE

The freehold condominium offers 35 units.

New measure simplifies insolvency process for more companies

This will be a permanent feature of the corporate debt restructuring and insolvency regime.

Centurion Corporation explores REIT listing

The listing would comprise the group’s worker and student accommodation assets.

MOH investigates telemedicine providers amidst clinical lapses, inappropriate ad complaints

One of the cases, MaNaDr, has had its Outpatient Medical Service licence revoked.

Singapore, Malaysia not yet ready to resolve all ‘complex’ bilateral issues

These issues include maritime boundaries, water, and airspace.

New Communicable Diseases Agency to be set up in first half of 2025

It will lead in the prevention, preparation, detection, and management of infectious diseases.