As we leave behind 2009, we are into a fast paced brand new 2010. Time really flies, as we are already past the 1st month (January), and celebrating Chinese Lunar New Year and Valentine's Day on 14 February 2010.

2010 may be a challenging year, as can be seen with the fall of stock prices across the world, nlcuding US and Singapore equity markets. A more than 10% unemployment rate in USA is quite frightening. Real unemployment rate is estimated at 18%.

Despite the rising China economy, we are still dependent on the US economy.

Having listened to feedbacks from our clients, we have on 7 October 2009 implemented SSL (Secure Site) for LAW.com.sg. This means that if you are submitting confidential information via any of our online forms, you can submit via Hypertext Transfer Protocol Secure (HTTPS), which encrypt all data submitted via "https" protocol.

If you wish to submit any of our forms securely, just add a "https://" to the weblink in your web browser.

The Singapore Government has decided not to change the current income tax framework with regard to individuals who sell their properties. Currently, property sellers do not pay tax on gains unless the IRAS deems them as property traders and treats the gains as income.

As we have been reading from the press, there has been a surge in demands for new apartments with large turnout at weekend sales. Is there a bottoming of the economic crisis, with the last few weeks shares rally? Willⁱ the shares rally last, given the uncertainty in the global market, and with uncertainties in US.

In recent days, there has been volatility in the US shares market.

Therefore, in period of uncertainties, a level of prudence and cautiousness may be advised when making investments.

LAW.com.sg's Team is proud to announce our soft launch of our brand new website at LAW.com.sg in early February 2009. With a fresh look, concept, contents and layout, LAW.com.sg hopes to continue our high level of usability and user friendliness, and with the same level of efficiency to assist you in all your legal needs in Singapore. We aspire to be a Global Premium Virtual Law Practice and a Premium Singapore Law Firm and Lawyers.