Singapore simplifies employment pass
The three traditional subcategories (Q1, P2, and P1 Passes) of the Employment Pass (EP) have been simplified into a single, combined pass, immigration specialists, ProLink GLOBAL advise. Serving as Singapore’s primary work authorisation for professional, executive, or managerial intra-company transferees, the traditional Employment...
Why Singapore property sales jump isn’t a recovery
Munshi Ahmed | Bloomberg | Getty Images (17 Mar) Singapore's new home sales jumped in February, but the gains likely don't signal an end of the sector's downtrend. February's 28 percent sales jump from a month earlier was largely due to developers launching only two projects in January, with one of those getting a "lukewarm"...
Developers in SG & PRC also hit by falling margins
Land now accounts for 60 per cent of total development costs in Singapore, Morgan Stanley says. Photo: AFP (18 March) The decline in profit margins at Hong Kong developers is not unique to the city, as property firms on the mainland and in Singapore also face pressure on margins from the rising cost of land, construction...
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