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Singapore: Scrapping foreign buyer scheme won’t stop investors

Singapore: Scrapping foreign buyer scheme won’t stop investors

(13 Apr) - Singapore's plans to cancel its investment scheme for foreign buyers will not stop real estate investors, agents have declared this week. The Financial Investor Scheme, which allows buyers with personal assets of over $20m to invest up to $2m in Singapore property as long as more than 50 per cent of their assets are... 

DBS yet to report on Danamon takeover, BI says

DBS yet to report on Danamon takeover, BI says

(14 Apr) - The nation’s banking regulator Bank Indonesia (BI) has not yet received a formal report from Singapore’s DBS Holdings Group Ltd. on its takeover of Indonesia’s sixth-largest bank PT Bank Danamon (BDMN). “Up until now, we haven’t received written report or request [from DBS]. We will discuss possible... 

Stolen Malaysian ID successfully used to apply for SG citizenship by someone

Stolen Malaysian ID successfully used to apply for SG citizenship by someone

Identity crisis: H’ng showing his Mykad during the press conference organised by Chong (second from left). (KL, 13 Apr) - A 65-year-old hawker, who has never been outside the country, is in a fix after the National Registration Department (NRD) claimed that he had renounced his citizenship and is now a Singaporean. H'ng... 



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