Economy

Singapore pips Hong Kong as most globalised city

Ernst & Young Globalization Index 2009 also finds globalisation slowing.

Singapore pips Hong Kong as most globalised city

Ernst & Young Globalization Index 2009 also finds globalisation slowing.

Debt and Scandal dog Singapore-listed China companies

While a few have succeeded in restructuring their finances, a number of Singapore-listed firms in China remain burdened with debt and even fraud.

The country eyes 2010 investments at S$12 billion

Investments in the manufacturing and services sectors are expected to hold their ground this year.

You're hired! Get ready for the biggest job boom in a decade

Banking jobs will be in hot demand, but healthcare is still lousy; find out which jobs offer the best prospects and the highest pay.

Singaporeans' top concern: high cost of living

With concern over the outlook for 2010, Singaporeans listed their top 3 financial concerns: cost of living expenses, job security and changes in...

Retail sales still suffering

Shopping malls may have been springing up all over Singapore, but the new malls may not be enough to save the suffering retail sector.

Singapore beats Malaysia as top property investor

The financial crisis didn’t stop Singaporeans accounting for 73 % of all property transactions in ASEAN in Q4 last year.

Singaporean companies financial figures laid bare

ACRA, the Accounting and Corporate Regulatory Authority, has launched an online tool to let people analyse local companies' financial figures.

Singaporeans: We're still not spending

Despite a more optimistic economic outlook, Singaporeans are choosing to focus on increasing their savings.

A*STAR appoints new Chairman, CEO for commercialization arm

Exploit Technologies, the commercialisation arm of Singapore Agency for Science, Technology and Research (A*STAR) appointed Mr Tan Gee Paw and Mr...

Plunging manufacturing sector drags down GDP

Singapore’s GDP contraction of 6.8 per cent in Q4 of 2009 is largely due to a 38.4% plunge in the manufacturing sector.

Economy shrinks for the first time in 3 quarters

Singapore's gross domestic product contracted 6.8 percent after reaching 14.9 percent for the period of July to September 2009.

R&D spending in Singapore hits S$7.13 billion

Singapore’s gross expenditure on R&D has reached a record high of S$7.13 billion in 2008. This amount is 2.77% of Singapore’s GDP, according to...

Govt hands out $900 mln jobs credit to employers

More than 100,000 employers, employing about 1.4 million local workers, will receive $900 million from the fourth payment of Jobs Credit by 24...

Retail leads in Asia Pacific with 3% growth

As rents increase, retail properties in Asia Pacific continue to outshine other sectors at circa 3% per annum growth since 2004.

Salaries to increase by 3.2% in 2010

The average salary increase is forecasted to be 3.2 percent in 2010, up from 1.9 percent in 2009, according to a survey by Mercer.