Olevia Cheong

Singapore residential property market to see an increase in foreign investment this year A recovery in prices and a better leasing environment is expected to boost foreign investment in the Singapore residential property, according to Bank of Singapore (BOS). Singapore property prices have fallen for four years, before they finally began to rise recently. This has made Singapore relatively affordable compared to Hong Kong, for instance.  “The recent bullishness in the housing market has so far been largely driven by domestic buyers. Foreign buyers seeking relative value are expected to return and kick the upturn into higher gear, particularly in the prime residential segment,” said BOS' head of strategy Eli Lee.  Foreigners bought an average of 3,600 properties per annum when the Singapore residential real estate market was bullish between 2010 and 2013. Sales started to tumble when the government imposed restrictions on foreign buyers. Property transactions invo

Understanding the One Road One Belt (OBOR) Initiative by China According to Intel, there are an estimated 750 million PCs around the world powered by technology five years or older incapable of living up to today’s expectations—a BULLETIN sponsored by Intel World leaders gathered in Beijing over the past two days to hear China’s plan for global trade: the One Belt One Road initiative. Nearly 70 countries and international organizations have signed up for the mega infrastructure project,  said president Xi Jinping  at the close of the summit today (May 15), but others  still have no idea  what it is. The next gathering in Beijing is slated for 2019. During his  speech at the opening  of the “Belt and Road” forum, Xi pledged  at least $113 billion  in extra funding for the initiative, and urged countries across the globe to join hands with him in pursuit of globalization. “We have no intention to form a small group detrimental to stability,” Xi said. “What we hope to create is