In Focus

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

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.

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

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

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.

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

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.

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

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

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

This is what CEO Magnus Bocker pointed out after failing to take over ASX Ltd.

Almost $50 million was spent by Singapore-based MasterCard cardholders during the first weekend of the Great Singapore Sale. This is a 66% increase compared to the same period last year (28-30 May 2010).

And total revenue is expected to rise to USD 6.4bn from USD 5.1bn last year, according to Frank Fahrenkopf, President of American Gaming Association.

If not, you may be losing out as new statistics show overall wages grew by 8.5% y-o-y in the first quarter.

“We spend $7.4 billion a year to keep aviation secure, and passengers should be able to get from curb to boarding gate with dignity,” says IATA chief in Singapore as it unveils “Checkpoint of the Future”.

Mr Tharman Shanmugaratnam cited pandemics, natural disasters, political upheavals and sharp economic cycles as some of the challenges.