In Focus

“I have tried to do my best”: President S R Nathan

The Head of State is stepping down as he nears turning 87.

“I have tried to do my best”: President S R Nathan

The Head of State is stepping down as he nears turning 87.

All work and no play boosted labour productivity by 11% in 2010

This following two years of decline and amidst private sector total wages climbing 5.5%.

Lagarde will lead IMF with a clear sense of purpose: IMFC Chair

Mr Tharman Shanmugaratnam is confident about the appointment and is keen on reforming the international monetary system in the long term.

Are office spaces turning into ghost towns?

There is seen a continued drop in overall average occupancy rate for Grade A office space in the CBD, and supply just keeps coming.

Singapore and Malaysia to develop $10bln real estate projects

These are part of the agreement that had Malaysia giving up its control of railway land in Singapore.

Manufacturing took some downers in May

Sharp drop in pharmaceutical output caused the 17.5% decline in manufacturing.

CPI up 4.5% in May 2011

Blame it on higher costs of housing, transport and food.

Inflation to stay above the 3% mark, says analyst

And the island country awaits as headline inflation data for May is due today.

2013: The year the United States becomes a third world country as Asian executive wages overtake American workers

Europe's troubles saw Asian executive salaries overtake European Averages last year, but by 2013 executives in Asia will also be paid more than their American counterparts.

Prolonged EU sovereign debt crisis spells trouble

Other downside risks to growth include the geopolitical tensions in MENA and the continued surge in commodity prices resulting in higher inflationary pressures.

I’m not leaving: Temasek’s Ho Ching

This is what her staff was said to be told internally amidst speculation that the CEO is stepping down in August.

The water in Majorca don't taste like NEWater

But that shouldn’t deter Singaporeans who can now fly daily to Barcelona with further promotional goodies coming from a tie up between SIA and Spaniards.

Pill-popping market drives non-oil domestic exports

Total exports grew by 9.6% in May, even as electronics exports continued to drop, thanks to the side effects of the pharmaceuticals sector.

Market Street Car Park to be torn down

It will be closed permanently from 30 June 2011 to be redeveloped into a new office tower. CapitaCommercial Trust has been granted permission for the demolition.

MOM enters partnership to improve workplace practices

The collaboration with the International Labour Organisation covers tripartism, occupational safety and health, productivity, employability and skills development.

Proposed revisions to corporate governance code revealed

Proposals include requiring companies to fully disclose the remuneration of each individual director and the CEO on a named basis.

Fraudulent employee ordered to pay more than $2m

A high court ruling said the former EFG employee made 160 unauthorised trades in a client’s account.