Singapore Property and Real Estate News Portal

Singapore’s sovereign credit rating remains stable By Pamela Almeda, Channel NewsAsia | Posted: 30 May 2008 2325 hrs SINGAPORE: International ratings agency, Moody’s, said it has no immediate plans to review its sovereign credit rating for Singapore as the country has strong credit fundamentals, including robust external assets. Singapore has the highest triple-A sovereign rating [...]

Global investors see opportunities in nanotechnology in S’pore By Timothy Ouyang, Channel NewsAsia | Posted: 28 May 2008 0025 hrs SINGAPORE: Global investors said they are seeing a lot of investment opportunities in nanotechnology opening up here in Singapore. The comment comes a day before the first ever NanoEquity Asia conference kicks off in Singapore. [...]

New virtual world makes S’pore Asian hub By Hedirman Supian, TODAY | Posted: 09 May 2008 1204 hrs SINGAPORE: German-based tech startup Metaversum is planning to make Singapore the Asian hub for its new 3D virtual world Twinity, and it is counting on the local market to reach out to other countries in the region. [...]

Inflation to hit Singapore harder than US economic slowdown By Rachel Kelly and Jonathan Peeris, Channel NewsAsia | Posted: 08 May 2008 2050 hrs SINGAPORE : Inflation is a more serious problem for Singapore and other Asian economies than an economic slowdown in the United States, according to HSBC’s senior Asian economist, Robert Prior-Wandesforde. He [...]

PM Lee says Singapore will continue to develop financial sector By Wong Siew Ying, Channel NewsAsia | Posted: 06 May 2008 2209 hrs SINGAPORE: Prime Minister Lee Hsien Loong said Singapore will continue to develop the financial sector as more activities are being moved to the city-state. Mr Lee, who was speaking to 120 bankers [...]

SingTel joins consortium to bid for Singapore’s new broadband network By Rachel Kelly, Channel NewsAsia | Posted: 05 May 2008 1817 hrs SINGAPORE – Singapore Telecommunications (SingTel) has joined a consortium of firms in a bid to build the ducts and wirelines for Singapore’s planned ultra high-speed broadband network. SingTel said in a statement on [...]

Singapore’s largest private Lasik centre eyes regional prospects Posted: 02 May 2008 2232 hrs SINGAPORE : Singapore’s largest private Lasik centre has just opened its doors to tap into the growing demand for laser corrective eye surgery in Asia. Shinagawa Lasik Centre is a joint venture between the public and private sectors aiming to tap [...]

Singapore dollar hits record high against US dollar Posted: 23 April 2008 1452 hrs SINGAPORE – The Singapore dollar hit a record high against the greenback on Wednesday after inflation in the city-state rose and amid fears of a US recession. The Singapore unit hit a peak of 1.3463 to one US dollar before falling [...]

F1 race expected to generate tourism receipts of about S$100m Posted: 22 April 2008 1641 hrs SINGAPORE: Trade and Industry Minister Lim Hng Kiang on Tuesday said the upcoming F1 race is expected to generate additional tourism receipts of about S$100 million this year alone. Some 30 to 40 per cent of the spectators at [...]

Pump prices would have risen more if S$ had not firmed against US$ By Chio Su-Mei, Channel NewsAsia | Posted: 22 April 2008 1654 hrs SINGAPORE: Pump prices in Singapore would have risen more had the Singapore dollar not strengthened against the US dollar. Senior Minister of State for Trade and Industry S Iswaran said [...]