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Singapore

Singapore govt.’s cooling measures bring drastic fall in home prices

Singapore govt.’s cooling measures bring drastic fall in home prices Singapore home prices seen to dip on cooling measures to cool the property market could drag prices of private residential properties down by as much as 30 per cent over the next year, analysts warned.

NOL denies another bid for stake in Hapag-Lloyd

NOL denies another bid for stake in Hapag-LloydSingapore-listed container shipper Neptune Orient Lines (NOL) has turned down reports that it was placing another bid for a stake in German shipping firm called Hapag-Lloyd.

Singaporean printer manufacturers launch Project Homecoming

Singaporean printer manufacturers launch Project Homecoming With a sincere intention to cultivate a more eco-friendly mindset, five printer manufacturers in Singapore launched a recycling effort called Project Homecoming.

Printer brands that have participated in the Project Homecoming are: Canon, Brother, Lexmark, Dell and Epson, which have launched the initiative in support of the National Environment Agency and the National Library Board.

HDB property tax all set rise in Singapore

HDB property tax all set rise in Singapore Owners of the four- and five-room Housing & Development Board (HDB) flats in Singapore will have to pay S$5 to S$29 more in 2012, as the annual values of housing board flats revised upwards.

It may be noted here that property tax payable is computed on the basis of annual values of the property.

Scoot names Sydney as its first destination

Scoot names Sydney as its first destination Singapore Airlines' new budget carrier Scoot has announced that its first route will be between Singapore and Sydney.

The new low-cost offshoot of Singapore Airlines has plans to start daily services on the Singapore-Sydney route from sometime in the middle of 2012.

HDB launches 7 BTO projects to offer 4,200 new flats

HDB launches 7 BTO projects to offer 4,200 new flatsSingapore’s Housing & Development Board (HDB) on Thursday announced seven build-to-order (BTO) projects that will offer a total of 4,200 new flats.

The projects have been announced for Bedok, Bukit Panjang, Hougang, Punggol and Yishun. New projects include Golden Cassia in Bedok town, Acacia Breeze in Yishun, and Fajar Spring in Bukit Panjang town.

Department of Statistics: At 5.4%, CPI for October was higher than projected

Department of Statistics: At 5.4%, CPI for October was higher than projectedThe recently-released figures from the Department of Statistics have revealed that the Consumer Price Index (CPI) for October was 5.4 percent, making it the fifth straight month to have witnessed inflation in excess of 5 percent.