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Singapore hotel takings, average room rates slip in August
SINGAPORE hotels’ average room rate (ARR) dipped in August from July’s year-to-date peak to come in at S$283.98, but remained higher than the rate recorded in the year-ago period, latest data from the Singapore Tourism Board (STB) showed.
Acra to introduce penalties on service providers, restrictions on directors next year
THE Accounting and Corporate Regulatory Authority (Acra) plans to table several proposals in Parliament in early 2024 to strengthen Singapore’s anti-money laundering regime, said Second Minister for National Development Indranee Rajah.
Low number of approvals for foreigners to buy landed homes on Singapore mainland: Indranee
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THE government approved 34 applications by permanent residents (PRs) seeking to buy landed homes on the Singapore mainland last year, said Indranee Rajah, Second Minister for National Development, in Parliament on Tuesday (Oct 3).
GoTo to receive US$150 million investment in partnership with World Bank’s IFC
INDONESIAN tech giant GoTo will receive up to US$150 million in investment from a partnership with the International Finance Corporation (IFC), the World Bank’s investment arm.
Singapore stocks extend losses amid regional declines; STI down 0.5%
SINGAPORE shares ended in the red on Tuesday (Oct 3), tracking regional losses.
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