News

Dr Tony Tan wins Presidential Election 2011

He beat closest contender Dr Tan Cheng Bock by not more than 2% of the total number of valid votes cast.

Service sector business receipts up 6.6% in 2Q11

Real estate services recorded the highest business receipts at 4.4%.

Singapore’s manufacturing growth eases to 7.4% in July

HSBC says it could’ve been worse, if not for the 47.7% jump in pharmaceutical output.

Fearless forecast: Brace yourselves for the mega 2-year Singapore recession

It's a looming disaster for the Lion City, as Fitch Ratings warns it could have its GDP cut by 4.1% from 2011-2013.

Fitch confident about Singapore banks’ resilience

The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.

Tiger Airways to raise $158.6m through renounceable rights issue

DBS bank and Standard Chartered will be the joint managers and underwriters for the rights issue.

Work in your PJs: Employers encouraged to implement home-based work arrangements

Mr Hawazi Daipi, Senior Parliamentary Secretary for Manpower and Education, said employers facing manpower shortages could consider this.

Hey, relax: Steve Jobs’ resignation won’t make Apple rotten

After all, he will still serve as Chairman of Apple, Inc., and will still have a role in the company.

Asian utilities to face looming debt maturities over the next 3 years

Standard & Poor's estimates that the amount averages about US$34 billion per year between 2012 and 2014.

@Online#jeopardy: 94% of companies suffer from social media incidents

And it cost them a whopping $4 million over the past 12 months.

You snooze, you lose: Now we know why Manchester United chose Singapore over Hong Kong

The soccer club was attracted to the promise of having its IPO approved in just four weeks.

Revealed: The most searched for airlines in Singapore

Singapore Airlines didn't even make it into the top 4 of the most searched for airline brands in Singapore, according to a sample of 50,000 searches by wego.com.

Transport costs speed up inflation

With transport costs rising by 11.5% in July, inflation accelerated to the fastest pace since January.

Singapore’s inflation rises to 5.4% in July

HSBC says the unexpected rise was driven by costlier housing, transport and food.

Busted: Fraud cases in Singapore surge 13% to 2,068

Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.