There were 30,168 resident births in the first 10 months of 2007. According to the National Population Secretariat, this was just 1 percent higher compared to the same period the year before. However, the shortfall in resident births is being compensated by a record number of foreigners who are calling Singapore home. The whole of last year saw 13,209 foreigners taking up Singapore citizenship and 57,310...
All Singapore
Asian students who traditionally looked to English-speaking Western countries for higher education are increasingly turning closer to home - to Singapore, educators say. Backed by a government-led initiative to capture a slice of the great paper chase in Asia, Singapore has managed to woo more than 16 of the world’s leading schools to set up campuses as part of the city-state’s “Global...
HUNDREDS of thousands of homes — from ageing and middle-aged flats, to private homes and even the sluggish Punggol 21 development — are up for a fresh lease of life, as the Prime Minister unveiled a slew of upgrading initiatives aimed at boosting Singaporeans’ asset values.Reiterating the Government’s promise to upgrade flats and estates when it has the surpluses to, Mr Lee Hsien Loong said: “We...
Jurong and Paya Lebar have been designated as new business hubs so as to provide space for Singapore’s continued growth as a global business centre, National Development Minister Mah Bow Tan said yesterday. In the interview with Channel NewsAsia, Mr Tan also commented on speculation about the possibility of sharp increases in plot ratios for land to cope with an anticipated rise in population. He said...
More buzz will soon be added to Tanglin Village (picture), the rustic bohemian hangout a short drive from the busy Orchard Road area. Yesterday, the Singapore Land Authority (SLA) awarded a total of 11 buildings — consisting of 40,135 sq m over two sites — to local construction company Country City Investment Pte Ltd. Country City Investment is planning to turn the cluster into a “lifestyle...
Jurong and Paya Lebar have been designated to become new business hubs, under the upcoming Master Plan review for 2008. Giving a preview of the plans in a Channel NewsAsia interview, National Development Minister Mah Bow Tan said these would provide space for Singapore’s continued growth as a global business centre, and offer an alternative to the overcrowded CBD area. The Master Plan guides...
Will offer of slashed rentals lure airlines rooted in Changi’s other terminals? The bait would tempt any business: Move over, and you will not have to pay rent for six months. This is the proposition the Civil Aviation Authority of Singapore (CAAS) has laid before airlines, in a bid to lure them to the new Changi Airport Terminal 3 (T3) ahead of its first flights on Jan 9. Built at a cost of...
Singapore is the eighth most costly city in which to rent an apartment in Asia, according to a survey by ECA International. Rentals for a three-bedroom apartment increased 15 per cent in 2006 compared to that of a year ago. This still puts Singapore behind other Asian cities like Ho Chi Minh City, Beijing and Shanghai. A three-room rental unit in an area popular with expatriates in Singapore would have...
Property and tourism-related counters, as well as hotel REITs, perked up on news that Singapore is hosting a Formula One Grand Prix next year. While the race is expected to bring some economic spin-offs, some market-watchers said they do not expect the glow effect to last throughout the entire franchise tenure. Property players like Singapore Land, UOL Group and CDL hospitality REIT are seen as the...
Singapore has been ranked as the fifth most tax-friendly economy in the world in this year's Tax Misery & Reform Index compiled by Forbes. The top spots were clinched by the United Arab Emirates and new entrant, Qatar, with Hong Kong in third position. Cyprus was also considered to be more tax-friendly than Singapore. At the other end of the scale were France, Belgium and China. China was also...