In Focus

We will not tolerate the use of the financial system for criminal acts: MAS

The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown.

We will not tolerate the use of the financial system for criminal acts: MAS

The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown.

Wanted: Job advertisements in Singapore up 24%

Companies in both commerce and financial services enjoyed a healthier quarter.

SG economy contracts 6.5% in 2Q 2011

The 7.4% growth in the manufacturing sector last month offers little assurance against the possibility of another technical recession.

Voters faced a difficult choice: Prime Minister

Mr Lee Hsien Loong said this explains why the winning margin was so narrow.

Each one should prepare for own retirement: MOS Tan Chuan-Jin

He said recklessly under-saving and then relying on the compassion of others in society is neither fair nor sustainable. The government will step in, though, to help those who are poor and unable to save.

“The world is your oyster”: MOS Teo Ser Luck

The Minister of State for Trade and Industry said entrepreneurs should not be constrained by Singapore’s small domestic market.

"It’s not about clocking in more opening hours": Mr Teo Ser Luck

The Minister of State for Trade and Industry said retailers should be creative in enhancing the customer experience, enlarging customer base, and diversifying product offerings.

We have a role in facilitating investment in Asia: Minister S Iswaran

The Minister cited Singapore’s domain capabilities, companies’ commercial track record, and the country’s high level of economic connectivity as factors.

"Even more important than physical investments is our people": Prime Minister

PM Lee Hsien Loong talked about building the sense of being Singaporean, of ownership and belonging, during the National Day Rally.

Manufacturing shrinks by 5.9%

The culprit was the decline in biomedical manufacturing output in the second quarter.

“Singaporeans come first”: Prime Minister

PM Lee Hsien Loong however stressed that Singaporeans should not turn negative on foreigners, as Singapore has prospered because of its openness to the world.

Mr K Shanmugam: The Elected President can be highly influential

The Minister made the clarification amidst confusion on what the Elected President can actually do under the Constitution.

What we need is a continued sense of urgency: MOS Josephine Teo

The Minister of State for Finance and Transport said this and the enthusiasm for fresh ideas will “bring productivity to new highs”.

Swaying like bamboo: Pliant property markets to regain confidence

Research shows global real estate markets have continued on a resilient recovery path during the second quarter despite economic uncertainties.

"We overcame the odds and transformed our economy": Prime Minister

Mr Lee Hsien Loong said GDP per capita is now almost S$60,000 compared to the S$1,374 fifty years ago.

You’re fired: 1,900 workers left jobless in Q2 2011

1,500 workers were retrenched and 400 had their contracts terminated prematurely.

Investor confidence drops

The Singapore Investor Confidence Index Poll reveals there was an increase in the percentage of investors who will be more conservative amidst global economic woes.