News

Singaporean insurers worry about new regulations

Singaporean insurers worry about new regulations

New rules on solvency and market rank first in insurers' major concern, according to a survey by Centre for the Study of Financial Innovation and PwC.

SGX to clear Asian FX forwards from September

SGX has cleared nearly US$80 billion notional of Interest Rate Swaps since 2010, and is now entering the FX business.

I’m lonely, get me a friend, say Singaporean youth

We don’t want the 5 C’s, give us real connections and community, young say.

SGX cuts trading costs

Singapore Exchange has reduced the minimum bid size for securities and expects to see a tightening of bid-ask spreads by as much as 80%.

CapitaMalls et al to develop shopping mall and office at Jurong Gateway

The total development cost is expected to be approximately S$1.5 billion.

$40mln fund launched for medical technology start-ups

This as biomedical sciences contributes 10% of total manufacturing output and employs more than 13,000 people.

Condo prices edge up by just 1.1% in April

Non-landed private home prices are still up 14.1 % over April 2010, but central price rises were more muted at 5.6%.

Travel ad that says 'Singaporeans drink recycled sewage water' generates outrage

"It is insulting!" said a number of Singaporeans over ZUJI's latest advertisement which says “In this dot, citizens drink recycled sewage water”.

URA accepts joint tender by CapitaLand et al

The Jurong Gateway site located at Boon Lay Way was awarded at S$969 million.

Optimus Prime: Robots exterminate foreign worker jobs in Singapore

Wheel washing robots and other labor saving devices are helping construction companies to reduce the number of foreign workers and remain profitable as worker levy starts to bite.

Experts warn of ‘perfect property storm’ in 2014

With owners now waiting 25 years to recover their property investment through rent, there is only one way this market is heading, argues DTZ.

Taking the p***: Singapore's water recycling industry adds $590 million to GDP

And a walloping $8.4 billion worth of overseas projects is behind this significant success in the industry, says the government.

Fibre broadband take up shockingly low in Singapore

With adult content banned in Singapore, perhaps there isn't as much "in home" high speed demand as forecast.

Dear Boss: 61% of your staff are ready to walk out the door right now

Singaporeans again top the wanna-be job hoppers poll, remaining the most disloyal employees in Asia.

Universal Studios Singapore officially opens

With this grand opening, RWS expects 16 million visitors for 2011.

95% of new BTO flats set aside for first-timers

And they’re said to be going at prices around 14% to 35% cheaper than similar resale flats in their areas.

RWS completes structure of its 5th hotel

Expected to open in 2012, the seven-storey Equarius Hotel will offer 172 guestrooms.