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The M Hotel in Singapore’s business district once struggled to fill its rooms on weekends as visiting executives tended to leave by Friday. Now it enjoys 90 percent-plus occupancy even on Saturdays and Sundays.
A prime destination mainly for bankers and businessmen, Singapore also has started drawing tourists with a slew of new attractions, the most [...]

singapore stock market,singapore stock market news
Stock futures surged Wednesday after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Overseas markets rose sharply after reports showed the pace of growth in China’s manufacturing sector rose in August for the first time in four months and Australia economy grew by the [...]

singapore property market,singapore property market news
So what are some of the changes? To summarise, the latest round of anti-speculation measures for private properties are as follows:
Increase the holding period for imposition of Seller’s Stamp Duty (SSD) from the current one year to three years.
Increase the minimum cash payment from 5 percent to 10 percent of [...]

Singapore 25th most expensive city for travellers
Singapore has been ranked as the world’s 25th most expensive city for business travellers from the United Kingdom, up from 44th spot last year, according to the Global Hotel Market Survey.
The leap in Singapore’s ranking is in line with reports from the Ministry of Trade and Industry saying that [...]

British buyers lose interest in Southeast Asian properties
Cash-strapped British buyers seem to have lost interest in properties located in Southeast Asia, based on data released by RightMove Overseas, a leading property website in the UK.
The results of the report, which compared search statistics between July 2008 and July 2010, do not bode well for countries [...]

S’pore’s richest keep getting richer
 
The latest list of Forbes wealthiest individuals and families in Singapore indicated that the top 40 richest Singaporeans are now worth US$45.7 billion (S$62 billion), up 17 percent from US$39 billion in 2009. The list is made up of popular entrepreneurs, business leaders and philanthropists.
 
In the number one spot again this [...]

Construction costs may rise, say experts
Singapore’s construction costs may climb by as much as 6 percent in 2011 when government rules that restrict foreign workers set in, according to several property experts.
 
Among the manpower constraints that will start this month include a rise in the foreign worker levy and a reduction of man-year entitlement, restricting [...]

Rule #1: Latour and Lafite-Rothschild Are Not the Only Worthy Wines
Relative to all wine that exists, only an exceedingly limited number of wines are considered investment-worthy.
And that universe largely spins around the very top end of the Bordeaux market.
Atop the list are the five Premier Cru (first growth wines) that always have big demand globally: [...]

Las Vegas Sands tops estimates as Asia outperforms
Adjusted EPS 17 cents vs estimate 9 cents
* Revenue up nearly 51 pct
* To amend $5 billion US credit facility
* Shares up 2.3 percent
By Deena Beasley
LOS ANGELES, July 28 – Las Vegas Sands Corp <LVS.N>, the casino operator run by billionaire Sheldon Adelson, posted a better-than-expected quarterly profit [...]

Singapore property firms wooing Chinese investors
Several Singapore-based property companies have been doing extra work to attract Chinese investors to invest in the Singapore property market.
 
According to several property firms, 60 percent or 6 out of 10 prospective Chinese customers are inquiring about Sentosa Cove, which offers luxurious waterfront living. It seems that Chinese investors are [...]