Navene Elangovan

1 week ago | businesstimes.com.sg | Jessie Lim |Navene Elangovan

The other SMCs are Kebun Baru, Pioneer and Marymount, which saw PAP raising its share of votes by over 15 points to 71%[SINGAPORE] The People’s Action Party (PAP) swept all four single-seat wards where it was pitted against the Progress Singapore Party (PSP). In newly created Bukit Gombak SMC, PAP’s Low Yen Ling defeated PSP’s Harish Pillay with 75.83 per cent of the votes. The PSP bagged 24.17 per cent of the 23,508 valid votes cast.

2 months ago | businesstimes.com.sg | Crystal Heng |Navene Elangovan

INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will be extended for five more years, as part of tax changes announced in Budget 2025 on Tuesday (Feb 18). The enhancement and extension of income tax concessions for S-Reits till Dec 31, 2030, will “continue promoting the listing of Reits in Singapore”, as well as sustain the country’s position as a global Reit hub, said the Ministry of Finance (MOF).

Dec 31, 2024 | businesstimes.com.sg | Navene Elangovan

Singapore-listed real estate investment trusts seen to do better with interest rates likely to fallPublished Wed, Jan 1, 2025 · 05:00 AMWith S-Reits delivering yields of around 6%, they are a “compelling” investment choice in a lower-interest-rate environment, says Ritesh Ganeriwal of wealth management platform Syfe.

Dec 27, 2024 | businesstimes.com.sg | Navene Elangovan

Analysts say the market will remain stable going into the new yearPublished Fri, Dec 27, 2024 · 06:00 PMAmong the key factors that influenced Singapore’s equity market this year was a global stocks sell-off in August as investors braced for a recession in the US. PHOTO: CMGAmong the key factors that influenced Singapore’s equity market this year was a global stocks sell-off in August as investors braced for a recession in the US.

Dec 19, 2024 | businesstimes.com.sg | Navene Elangovan

Bond investors will benefit from less volatility due to shifting rate expectations, they sayPublished Thu, Dec 19, 2024 · 01:50 PMThe US Federal Reserve, chaired by Jerome Powell (above), signals a slower pace of interest rate cuts for 2025. PHOTO: BLOOMBERGThe US Federal Reserve, chaired by Jerome Powell (above), signals a slower pace of interest rate cuts for 2025. PHOTO: BLOOMBERGThe US Federal Reserve, chaired by Jerome Powell (above), signals a slower pace of interest rate cuts for 2025.