News

Job placements in Singapore rose by 5.2% in Q310 compared to Q2 but shortage in talent across various fields are driving companies to look for employees overseas.

Despite an unemployment rate of 2.1% in 3Q10, the services sector was able to generate a total of 24,100 new jobs as compared to a loss of about 400 jobs in the manufacturing sector.

Recent changes in the Australian market and differences in legal and regulatory regimes between Australia and Singapore pose execution challenges for the two exchange companies.

OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.

SIA’s operations to Narita and Haneda airports bring in a total of 47 weekly flights to and from Japan.

Higher development profits and divestment gains drove almost four-fold growth.

The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.

The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.

Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from depression, anxiety and cancer.

A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their rapid economic growth.

Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age to 68, like Finland.  

34% of developers surveyed by the latest Real estate Sentiment Index expect prices of new launches to fall, albeit by less than 10% over the next six months.

Deals of Keppel Land and CapitaLand with Vietnamese companies affirms positive Singapore-Vietnam business and investment climate.

Strong profit from the Group’s focus on regular premium and protection products drove its stellar performance.

Tiger Airways has blasted perceived racial comments made by Air Asia CEO Tony Fernandes who said that “ We're Asians, not a bunch of white guys running the airline”, in reference to Tiger Airways which is headed by Tony Davis.

PR Firm Burson Marstellar found that over half of the top 200 Asian companies listed on the Wall Street Journal Asia 200 index do not have a social media presence.