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Search resuls for: "Singapore's Orchard"


3 mentions found


☆ Elon Musk praises the first prime minister of Singapore as 'brilliant' in response to a glowing blog post about the country's airport
  + stars: | 2024-07-19 | by ( Aditi Bharade | ) www.businessinsider.com   time to read: +5 min
Read previewElon Musk said that Singapore's first prime minister, touted as the country's founding father, was a "brilliant" man. Mack wrote about Lee's efforts in conceiving Singapore's Changi Airport, which has been named the world's best airport 12 times by London-based research firm Skytrax. Singapore's award-winning Changi Airport. John Seaton Callahan/Getty ImagesBefore Singapore's Changi Airport became operational in 1981, the island state had a small commercial airport located inland on the east side of Singapore, called Paya Lebar Airport. The country's largest public universities, National University of Singapore and Nanyang Technological University, ranked 8th and 15th, respectively, in the 2025 QS top universities rankings.
Persons: —, Elon Musk, George Mack, Lee Kuan, Mack, d1C60XIvNA — Elon, Musk, Lee, Singapore's, John Seaton Callahan, Skytrax, Martin Puddy, Liu Thai Ker, Jon Hicks, it's Organizations: Service, SpaceX, Business, Changi, Changi Airport, Singapore's Changi, Airport, Changi Airport's, Business Times, The New York Times, Financial, Singapore Crowds, Getty, National University of Singapore, Nanyang Technological University, QS, Cornell, Princeton, Yale Locations: London, Singapore, Paya, Changi, Southeast Asia, Malaysia, Asia, Hong Kong, Singapore's Orchard
☆ Singapore's surprise property tax hike a 'freezing measure' for foreigners
  + stars: | 2023-04-27 | by ( Chen Lin Xinghui Kok | Chen Lin | Xinghui Kok | ) www.reuters.com   time to read: +4 min
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.
☆ Tightening in focus as Singapore Aug inflation stays elevated
  + stars: | 2022-09-23 | by ( Chen Lin | ) www.reuters.com   time to read: +2 min
The core inflation rate — the central bank's favoured price measure - rose to 5.1% in August on a year-on-year basis. Register now for FREE unlimited access to Reuters.com RegisterHeadline inflation rose to 7.5%, beating economists' forecast of 7.2%. Singapore's central bank has tightened its monetary policy three times this year, twice in surprise moves in January and July. It typically publishes two scheduled monetary policy statements a year, in April and October. The MAS' core inflation forecast for this year is between 3% and 4%, while headline inflation is expected to be between 5% and 6%.
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