Singapore

With bleak economic conditions and intensifying global competition, Budget 2023 outlined strategies to promote innovation-driven growth. Singapore, as stated by Deputy Prime Minister Lawrence Wong, will need to adapt rapidly to developments in order to live and prosper in a turbulent world. The Budget offers a S$4 billion increase to the National Productivity Fund, as well as tax credits for …

Singapore is the most livable place in the world for expatriates from East Asia, according to the latest Location Ratings assessment published by global mobility expert ECA International. Singapore’s liveability score has increased over the last year. Covid-19 prohibitions were relaxed earlier in Singapore than in other large Asian cities, which boosted Singapore’s liveability ranking and its desirability as a …

In January, Singapore’s non-oil domestic exports fell 25% year-over-year, the greatest annual decline in a decade. The reduction was driven by Singapore’s non-oil exports to its main markets, with shipments to China decreasing by more than 41%, to the U.S. by 31.5%, and to Hong Kong by more than 55% for the month. The number is the fourth consecutive drop …

As part of Budget 2023, everyone received a Valentine’s Day present from the Singapore government. Deputy Prime Minister and Finance Minister Lawrence Wong announced on Tuesday (Feb 14) a series of measures that would provide comprehensive help to all Singaporeans, including first-time home buyers, seniors, parents-to-be, people with disabilities, and small and medium-sized enterprises (SMEs). During the budget announcement, I …

The remarkable eating scene in Singapore is characterized by a sense of vitality, diversity, elegance, and sustainability. The vibrant city-state has flourished into a premium dining destination, and as a result, the process of planning business meetings can be somewhat overwhelming. The city-state has more than 40 restaurants that have been awarded the Michelin star, in addition to many other …

In 2022, Singaporean scam victims lost a total of $660,7 million, up from $632 million in 2021. In the past two years, according to the numbers revealed by the police on Wednesday, almost $1.3 billion was lost to fraud. Contrary to popular opinion, scam victims were not predominantly old. More than 53 percent of victims of fraud were between the …

Singapore is experiencing an inflow of ultra-wealthy Chinese families seeking refuge from the Chinese Communist Party, who view them with growing distrust. Recent Beijing crackdowns on internet billionaires and tax-averse celebrities, as well as three years of zero-COVID policy that ended only this month, have prompted many wealthy Chinese to seek refuge abroad. According to AFP sources, several of the …

This year, Singapore did not place in the top spot or even make it into the top 10 of the most Instagrammable destinations in the world. According to travel publisher Big 7 Travel, which published the rankings on Sunday, the city-state dropped from first place to the 13th slot out of a total of 50 countries after topping the list …

Graduate student Zayn Zhang, like many wealthy Chinese, believes that Singapore may be a great place to park his family’s fortune. His wife is searching for a $4 million to $5 million (S$5 million to S$7 million) penthouse while he studies at a university in the Asian financial capital in hopes of obtaining permanent residency. “Singapore is wonderful. It is …

Meteorological Service Singapore (Met Service) stated on Monday that 2022 was one of the wettest years Singapore has seen in the preceding four decades (Jan 30). The Met Service said that 2016 was the sixth wettest year since 1980, with average annual total precipitation around 19 percent more than the long-term average from 1991 to 2020. Persistent La Nina weather …