Finance

Consumer taxes in Singapore: trends analyzed
By The Online Citizen Published on by The Online Citizen 0

by ValuePenguin Ahead of Singapore government’s upcoming budget announcement scheduled for 19 February 2018, we’ve prepared a brief overview on how taxes on consumers have trended over the last few years in the country. Also, given the general rise in consumer taxes, we’ve prepared Read More

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Qoo10 sees a rise in sales growth in January 2018, with food orders contributing significantly due to Chinese New Year preparations
By The Online Citizen Published on by The Online Citizen 0

Qoo10, Singapore’s largest e-commerce marketplace, announced on Wednesday (14 February) a 14 percent growth in sales for January 2018, amounting to SGD$42 million. The growth was driven by Food & Baby division with the sales of abalone and bak kwa, in preparation of Read More

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CapitaLand acquires Pearl Bank Apartments in Singapore’s Chinatown for S$728 million
By Neyla Zannia Published on by Neyla Zannia 0

CapitaLand Limited has acquired the centrally located Pearl Bank Apartments through a private treaty collective sale for S$728 million. In a press statement, the sale price, with an additional lease top-up premium estimated at S$201.4 million payable to the state to top-up the Read More

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Posted in Current Affairs, Property | Leave a comment
Singapore economy growth to moderate from growth in 2017 but remain firm for 2018
By Neyla Zannia Published on by Neyla Zannia 0

The Ministry of Trade and Industry (MTI) has announced on Wednesday (14 February) that Singapore’s economy grew by 3.6 per cent in 2017 and expects GDP growth to moderate from 2017’s growth, slightly above the middle of the forecast range of “1.5 to Read More

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Seven important things to look for when buying a resale flat
By The Online Citizen Published on by The Online Citizen 0

by Singsaver.com.sg Purchasing a pre-owned flat is a big commitment. Make sure to check for these 7 things to ensure you’re spending your money well. Many Singaporeans prefer a resale flat to a new one, as there’s no waiting time involved. Besides being able Read More

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Singapore tourism sector performance breaks record for the second year running in 2017
By Neyla Zannia Published on by Neyla Zannia 0

Both tourism receipts and visitor arrivals for 2017 attained record highs for the second time in two years. announced the Singapore Tourism Board (STB). According to STB, tourism receipts rose by 3.9 percent to S$26.8 billion, due primarily to growth in visitor arrivals across Read More

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Record sale of 23 coffee shops at $200 million
By The Online Citizen Published on by The Online Citizen 0

It was reported in the media today (11 Feb) coffee shop chain Broadway has bought out all 23 coffee shops of another coffee shop chain S11 at an estimated cost of $200 million. It is believed to be the largest purchase of its Read More

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Did SGX publish a “fake news” on its website?
By The Online Citizen Published on by The Online Citizen 0

by Vincent Low Yesterday (9 Feb), listed company Fraser Property published a public clarification with regard to a piece of false news on one of its listed entity, Frasers Centrepoint Trust. Company Secretary Catherine Yeo, acting for Frasers Centrepoint Asset Management Ltd which Read More

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DBS FHR-18 Package to rise - DBS BANK
DBS FHR-18 Fixed Home Rate to be raised
By icompareloan Published on by icompareloan 0

It’s official, DBS FHR is up. DBS raised their Fixed Home Rate FHR-18 rom 0.6% to 0.8% on 1st Feb 2018. Fixed Home Rate is pegged to fixed deposit rates that DBS offers to their depositors. FHR-18 stands for Fixed Home Rate pegged Read More

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HDB launches 4,381 flats for sale in Feb 2018
By Neyla Zannia Published on by Neyla Zannia 0

Housing Development Board (HDB) launched 4,381 flats for sale on Tuesday (6 February) under the February 2018 Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise, which includes 3,664 BTO units and 717 ROF units across various towns/estates. The board notes that this Read More

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Posted in Property | Leave a comment

 

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