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Search resuls for: "Chen Lin Xinghui Kok"


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REUTERS/Edgar SuSINGAPORE, April 27 (Reuters) - Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new property taxes saw two of her deals fall through. Policymakers are growing concerned that foreign investors increasingly see Singapore property as a hot asset class, squeezing out locals. Christine Sun, the senior vice president of research & analytics at OrangeTee & Tie, called it a "freezing measure" for foreign buyers. Shares of Singapore property companies fell on Thursday, with City Development (CTDM.SI) and UOL Group (UTOS.SI), which have large Singapore footprints, hit hardest. "There's little impact on the other 90%," said Mak, who has been analysing Singapore property for more than two decades.
SINGAPORE, Nov 26 (Reuters) - Singapore's Deputy Prime Minister Lawrence Wong received a top post in the ruling party on Saturday, cementing his position to become the city-state's next prime minister. Prime Minister Lee Hsien Loong, secretary-general of the People’s Action Party (PAP), which has ruled the island nation since independence in 1965, announced this year that Wong, 49, would be his successor. Wong becomes deputy secretary-general, the party said in an announcement of new leadership positions. Lee, 70, is the son of Lee Kuan Yew, Singapore's independence leader and dominant figure for half a century. The younger Lee has said Wong would succeed him before or after the next general election, which is due in 2025.
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