Business

Affected by the increase in seller s stamp duty, real estate stock prices are under pressure in the

5 July 2025
This measure applies to private housing units purchased on and after July 4, 2025 and does not affect the owner of the HDB, because HDBs must comply with a minimum minimum life of residence (MOP) of at least five years. As of midday Friday, City Dev...

Fuyu Group appointed Sixin Directors

30 June 2025
Fuyu Group issued a series of announcements on June 15, stating that all independent directors have resigned. The only person left on the board of directors is David Seow Jun Hao. Asian Corporate Advisors has evaluated the independence and suitabili...

Six-month Treasury bond interest rate fell to a new low this year

20 June 2025
The Singapore Monetary Authority announced on Thursday (June 19) that the subscription rate of the latest batch of six-month treasury bonds has dropped from 2.35 times the previous batch to 2.13 times, with a total subscription amount of 15.9 billio...

Apple evades tariffs, Foxconn exports all Apple phones to the United States

14 June 2025
US President Trump had publicly criticized Apple for transferring production to India earlier, saying that "we hope to build factories in the United States, not India." Currently, India, like most U.S. trading partners, faces a 10% benchma...

TikTok: Added a new UK investment and construction headquarters to add 500 new positions

10 June 2025
TikTok announced on Monday (June 9) that the group plans to increase investment in the UK and create 500 new jobs. The UK is TikTok's largest user base in Europe. AFP reported that the news coincided with the opening of London Technology Week. &...

Honglong Holdings Consortium received a green loan of 692 million yuan in the Dengjia project

4 June 2025
Dengjia is positioned as Singapore's first "forest town", and its development philosophy emphasizes ecological integration and sustainable urban life. The project design will include elements such as ecological green corridors, biodive...

Local stocks opened higher on Wednesday

28 May 2025
Local stock market opened on Wednesday (May 28) with the rise in US stocks overnight. As of 9:05 a.m., the Straits Times index rose by 0.43%, or 16.66, at 3912.75. The transaction volume is 64.72 million shares and the transaction volume is 93.81 mi...

Federation of Industry and Commerce: New Cabinet achieves a good balance between continuation and in

23 May 2025
The statement pointed out that key departments such as finance, diplomacy and trade and industry continue to be helmed by experienced ministers, which will help ensure the continuity and consistency of policy directions. At the same time, the additi...

Moody s downgrades U.S. rating, dollar weakens gold prices rise

20 May 2025
U.S. Treasury Secretary Scott Bessent downplayed concerns, saying that the Trump administration is working to cut spending and drive economic growth. Wells Fargo & Co. strategists expect 10- and 30-year U.S. Treasury yields will rise by another...