The Asian Infrastructure Investment Bank will be a multilateral financial institution focused on infrastructure development in Asia, according to Singapore's Ministry of Finance.
The number of resale transactions rose by 2.8 per cent from 4,389 cases in the second quarter to 4,513 cases in the third quarter, HDB says.
Prices of private residential properties fell by 0.7 per cent in the third quarter following a 1 per cent decrease in the previous quarter, the Urban Redevelopment Authority (URA) said.
This will be the first Shangri-La hotel in Cambodia. Construction is slated to start next year and the hotel will likely open in 2019.
It was revealed on Thursday (Oct 23) that the developer will lose two more management executives on top of recent high-profile departures. But Group CEO Lim Ming Yan says reorganisation will enable the company to seize new opportunities.
The lack of succession planning could explain why almost a third of Singapore family businesses plan to sell or float their companies. 25 per cent of Singapore respondents also say they do not have procedures in place to address conflicts related to family member issues.
Some 200 exhibitors from 21 countries are participating in the Singapore Jewellery and Gem Fair, which will run from Oct 23 to 26. More than 60,000 pieces of jewellery are available at the fair.
FCT's revenue for the fiscal fourth quarter to September rose 16.1 per cent to S$46.68 million, despite shopper traffic falling by 2 per cent quarter-on-quarter.
One company in Singapore has taken the novel step of allowing their employees the option of being paid in gold.
Industrial land prices in the third quarter fell 0.9 per cent from the previous quarter, following a 0.7 per cent rise in the previous quarter