Singapore
What skills do Singapore employers value?
In terms of hard skills, most of them (72.2%) want employees with technical skills.
The Impact of the ABSD rate hike and property buyer tax on real estate investments
The Additional Buyer’s Stamp Duty (ABSD) is a property buyer tax in Singapore that was introduced in 2011. It is a tax that is imposed on top of the existing Buyer’s Stamp Duty (BSD) and is meant to deter foreigners and property investors from driving up the property market prices. Recently, the ABSD rates have been increased to cool down the property market. This article discusses the impact of the ABSD and property buyer tax on real estate investments in Singapore.
WFS execs join SATS’ global leadership team
SATS welcomed three key members of WFS.
Keppel to adopt ‘horizontally integrated model’ in restructuring
The model comprises three platforms.
Only 1 in 3 employers say workers' well-being is in excellent condition: survey
About 78% said their overall well-being has been a priority since 2020
STI April average total return at 2.1%
Keppel Corp, Jardine C&C and CapitaLand Invest take over April STI.
Singapore Savings Bond rate continues to flatten
It has a 10-year average return rate of 2.81%,
New acquisitions boost CapitaLand Ascendas REIT's SG portfolio occupancy to 92.3% in 1Q23
The REIT recently acquired properties at 622 Toa Payoh Lorong 1 and 1 BurohLane.
Singapore’s Trust Bank exceeds 450,000 customers in 5 months
This comes after the bank onboarded 100,000 people in 10 days after launch.
Daily Markets Briefing: STI up 0.35%; DBS is most active stock
Singtel is the most active stock.
Prices and demand for shophouses to pick up in the coming months
The ABSD rate hike will help drive demand in the market.
Why 'shrinkflation' is dangerous for F&B operators
Inflation is expected to remain high at 4.6% in Singapore.
Chart of the Day: 3 reasons why Singaporeans are leaving their jobs
For most employees, salary is the deal-breaker.
Mapletree Logistics net property income dips 1.8% YoY to $154.3m in 4Q FY22/23
The REIT attributed the decline to the depreciation of foreign currencies against the Singapore dollar.
US Treasury and MAS reinforce cross-border cybersecurity
The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia