Omicron – Thailand cancels inbound quarantine-free Travel – In a huge blow to ASEAN’s second largest economy, omicron variant concerns – the highly infectious COVID-19 variant – leads Thai Government on decision which dims tourism recovery hopes. Tourism is one of Thailand’s biggest industries, with nearly 40 million visitors in 2019. Thailand Pass was one of […]
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Cooling Measures Ups Pressure on Property Developers – Meanwhile, ABSD for entities buying residential property has been raised to 35% from 25%. For developers, there’s an additional 5% that is non-remittable on top of the 35% ABSD. The Real Estate Developers’ Association of Singapore (Redas) responded to the government’s latest property cooling measures as ‘tough’ […]
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SINGAPORE – Property Cooling measures – higher ABSD, HDB loan limits lowered. In a statement late last night by Ministry of National Development (MND), the ABSD rate will go up from 12 to 17 per cent for citizens buying their second residential property, and from 15 to 25 per cent for those buying their third […]
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Singapore’s Loh Kean Yew stuns World number 1 Viktor in first round of world Championship – Loh Kean Yew pulls off the biggest upset in the first round of the World Championships by dumping hot favourite and Olympic Games champion Viktor Axelsen of Denmark. Kean Yew defeated the second seed Axelsen 14-21, 21-9, 21-6 in […]
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Affluent Indonesians plan to retire early – More than half of affluent Indonesians plan to retire early, according to a recent survey by London-based bank Standard Chartered, as the pandemic has prompted people to set new goals in life. The share of Indonesians with such a plan has reached 58 percent, according to the online […]
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