News

Government urge SMEs to participate in productivity drive

Government urge SMEs to participate in productivity drive

SMEs play a critical role in Singapore's economy, said Gan Kim Yong, Minister of Manpower.

Singapore remains threat to Hong Kong in fund management

Assets under management by fund managers in Singapore have reached new high of $1.4 trillion.

Moody’s retains SingTel’s Aa2 rating for 2010

The telco’s financial metrics and liquidity profile remain robust and continue to leave its standalone rating well positioned at the single A range.

Record US$233mn lost to pirated software in 2010

34 percent of software deployed on PCs last year was pirated, said the Business Software Alliance.

Singapore remains third most expensive office location in Asia Pacific

Hong Kong beat Tokyo and Singapore to the top spot after surging 11.9 per cent QoQ in 1Q 2011.

Recent election marks PAP's narrowest margin of victory

The rise in popular dissatisfaction with the PAP may eventually alter the economic policy framework, said Moody's.

Singapore office rents to grow 15-20% in 2011

The office property market is expected to remain on a growth trajectory in the short to medium term.

Keppel bags US$393mn jackup rig orders from Gulf Drilling

The company attributes successful deal to its Near Market, Near Customer strategy that aims to develop keen understanding of its customers' businesses.

IE Singapore taps vocational education and healthcare opportunities in China

The body eyes capitalising on China’s growing demand for skilled manpower and quality healthcare services via business missions.

Average office rent chalked up further growth of 6.1% in 1Q 2011

This was underpinned by burgeoning business confidence and the continued flight to quality amongst occupiers.

Singapore most active cross-border purchasers in Q1 2011

Cross-border direct commercial real estate investment volumes reached US$37 billion in Q1 2011.

Technical Specialists most recruited group of employees

The Hay Group poll reported that the second most recruited group of employees is Junior Professionals followed by and Middle Management.

73% of organisations unprepared for inflation aftermath

Only 27% of the surveyed organisations have coordinated measures to diffuse the effects of inflation.

83% of SG employees ready to say "adios!" to bosses

Singapore ranked the lowest in terms of long-term loyalty while French employees ranked first with 57 per cent.

OCBC named world's strongest bank

Three Singapore banks made it to the top twenty list of Bloomberg's World's Strongest Banks.

SGX tightens spreads to boost traders cost efficiency

It wants to attract high-frequency traders in order to increase trading liquidity on its equities market, said Kim Eng Securities.

GIC annual return at par with global equities return of 10.2%

This is the annual return over the past 30 years since 1981, said GIC Chairman Lee Kuan Yew.