Singapore
Auto sales to slam the brakes as riders turn to Uber
Commercial and passenger vehicle registrations are forecast to plunge by 20% and 6.5% respectively.
Auto sales to slam the brakes as riders turn to Uber
Commercial and passenger vehicle registrations are forecast to plunge by 20% and 6.5% respectively.
Chart of the Day: Budget balance rose over 2 years
Thanks to contributions from the Statutory Board and stamp duties.
Daily Markets Briefing: STI down 0.33%
Business sentiment has been largely subdued.
Daily Briefing: Singapore's home tax hike is not a market cooling measure, says minister; Oracle boots second Singapore hub
And here are two REITs with exciting results this quarter.
Buyers Stamp Duty hike to hit en bloc deals: analysts
Developers may pull back and reassess the effects of higher taxes.
32,000 households struggled with mortgage arrears
Households cannot pay because of lower income, illnesses, and unemployment.
Competition watchdog rejects Uber-ComfortDelGro joint venture
The Competition Commission of Singapore listed 10 issues that require further in-depth assessment.
En bloc hype slows down
Recent deals sold via private treaty after an unsuccessful public tender appear to bring fatigue.
Delayed worker levy hikes to buoy marine sector by $5m
Firms could save costs of $50-$100 per foreign worker.
Netflix and bill: the GST on digital services to hit consumers
Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.
Frasers Property to buy $467.7m logistics assets in Germany and Austria
It will grow the company’s property portfolio in Europe to $2.6b.
Government mulls borrowing guarantee to fund massive infra projects
This could finance the KL-Singapore high speed rail and Changi T5.
Delayed GST hike to spur private consumption
GST will be raised to 9%, but government has not specified when this will be implemented.
Revamped Proximity Housing Grant to push HDB resale volume to 24,000 units
3-room flats are predicted to be in hot demand.
Everything you need to know about the Big 4's reactions to Budget 2018
Find out what EY, Deloitte, KPMG, and PwC have to say about the Budget.
Chart of the Day: GDP growth slumps to 3.6% in Q4
No thanks to a lacklustre +4.2% growth in exports.
Daily Briefing: Frasers Centrepoint Trust beats some REITs in Q4; MindChamps invests US$200m into Chinese expansion
And here are three firms giving out dividends this week.