Economy

Singaporeans: We're still not spending

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

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.

MOM: 14,000 new jobs, but long-term employment stays grim

The job market is looking upbeat in the short-term with 14,000 new jobs created in Q3.

2010: Food and entertainment still top Singaporean priorities

Consumers in Singapore are expected to keep dishing out the dollars on dining out, electronics and clothes for the next six months.

Singapore managers bag Asia's third highest disposable income

A new report by management consultancy Hay Group finds Singaporean managers enjoying more disposable income compared to most of their Asian peers.

MAS signs MOU with Bahrain's Central Bank

The Monetary Authority of Singapore today signed a Memorandum of Understanding (MOU) with the Central Bank of Bahrain.

StarHub, M1 confirm iPhone 3GS launch for 9 December

After much deliberation, both StarHub and M1 have finally announced plans to launch the iPhone 3GS in Singapore on 9 December 2009.

Employment to reach pre-recession hiring rate in 2010

2010 is projected to be a great year for job seekers in Singapore as hiring is predicted to reach pre-recession rates, says a survey by Manpower...

Positive trend for stocks expected in 2010

UBS, Credit Suisse, and Citigroup forecast further gains for Singapore stocks in 2010 due to earnings estimates. The country's Straits Times Index is...

Singapore: Great country for old men

Work may be a little harder to come by in the global recession, but it seems that older workers are having an easier time than their younger...