Real estate agents expect a surge in Singapore private residence transactions in 2020 as Malaysian cross-border buyers turn their back on Australia and flock to Singapore. This was a change from 2019 when Australia ranked first, and Singapore was only third.
Official data from Singapore’s Urban Redevelopment Authority (“URA”) and agents OrangeTee & Tie also…
Special purpose acquisition companies or SPACs have become a hot trend on Wall Street.
The amount of money raised by SPACs in the past 12 months has topped US$120bil, going by Bloomberg data. The fever is spreading closer to home. Indonesia’s Gojek and Tokopedia consider floating SPACs in the US instead of taking an initial…
Introducing the "Malaysian Digital Economic Blueprint" is an initiative by the government to improve the digital infrastructure for faster and wider internet connectivity.
The planning worth RM56 billion will have a 10-year plan aimed at developing the country's digital economy.
Launched on the 19th of February, it aims to achieve 100% household access to the…
Being an investor with an upstanding investment strategy that can be both satisfying and lucrative. For example, as a prospective real estate owner, one can use several leverages such as paying a portion of the total cost upfront, paying off the balance, plus interest, as time goes by.
If you are looking for…
Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in gas price.
The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million British thermal units (mmBtu)…
To buy a home or a car, people generally have to apply for loans. You have to prepare a few things for you to have a higher chance of successfully applying for a loan, like a CCRIS report! Below are some quick facts about it.
What is a CCRIS report?
Central Credit Reference Information…
The Malaysian government announced on 3rd September 2020 that it will impose an entry ban on citizens of certain countries due to spikes in COVID-19 cases.
Since then, the Immigration Department released a list of countries whose citizens are barred from entering Malaysia effective Monday, 7th Sept 2020.
Long-term pass holders from 23 countries which…
Prime Minister Tan Sri Muhyiddin Yassin announced the extension of loan repayment moratorium by three months targeting those who have lost their jobs or had pay cuts this year due to the COVID-19 pandemic.
Individuals who lost their jobs in 2020 and still haven’t gotten a new job can enjoy the moratorium up until 31st…
As of August 1st 2020, it is mandatory for all Malaysians to wear face masks when travelling on public transports and in crowded public areas, as the authorities work to break the chain of COVID-19 transmission.
Senior Defense Minister Datuk Seri Ismail Sabri Yaakob said those who fail to comply with the new rules will…
Inflation is expected to remain subdued at 1.0 to 1.8 per cent in May, said economists.
Another rate cut by Bank Negara still possible in Q3, although the Movement Control Order was lifted in the first week of last month, consumer spending and business activity were weak.
This may rule out another interest rate…