
Developers’ new tactics: Reimbursement of ABSD secretly
'Marina Bay Suites': developers, Cheung Kong, Hongkong and Keppel Land are offering ABSD returns to retailers. (2 May) - In a move to surge Singapore’s property sales several developers are reimbursing the deterring additional buyer’s stamp duty (ABSD). Imposed by the government in late 2011, ABSD was introduced...

Singapore is No.1 in Asia – how long can they remain the region’s most competitive city?
Singapore (4 May) - Singapore recently emerged as Asia’s most competitive city and third most competitive world wide in a recent Economist Intelligence Unit (EIU) survey. Singapore was just behind New York and London in the survey... Whether Singapore as a developed country can keep pace with developing countries and their...

SMRT Sinks to 7-Month Low on Spending
(2 May) - The country’s biggest subway operator slumped as much as 3 percent to S$1.63, the lowest intraday price since Oct. 5, and traded at S$1.65 as of 10:18 a.m. in Singapore. The stock has retreated 6.8 percent this year, compared with a 13 percent rise in the benchmark Straits Times Index. (FSSTI) SMRT plans to spend...
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