News
Singapore ranked 8th most expensive city in the world for expats
Singapore ranked 8th most expensive city in the world for expats
The city placed third in Asia, just behind Tokyo and Osaka.
Hello, smartphones: Voice and SMS under pressure with massive take-up of iPhones
Consumers are now shifting towards alternative communications, and it’s not so good for the telcos.
Charge it: Spending of MasterCard users in Singapore up 49%
A total of US$676.6 million was spent over the first month of the Great Singapore Sale.
At your service: Government allots $84m to boost service excellence
This is after 7,800 establishments and 183,000 workers were said to have benefited from Customer-Centric Initiative projects.
Pay up or walk
Public transport operators have applied to increase bus and train fares due to rising costs.
92% of Singapore companies fail to meet corporate governance standards
So who are the diligent and law-abiding 8%?
Price pressure: Core prices may continue to rise as Asian exports plunge in June
Asia is gradually running out of excess capacity to meet rampant local demand.
Two-thirds of over 50s don’t go online in Singapore
The connected granny is just a myth.
Fat Singaporeans take toilet seats, fish maw and fried pork on business trips
But a survey by Regus noted that despite rising obesity in Singapore, 39% of Singapore business travellers take work out clothes on their business trips.
Manufacturing slump cuts GDP growth to just 1.7%
Manufacturing fell 13.5% in signs the economy is softening.
Aussie Tiger Airway’s hearing set for July 22
DMG says the airline has to return over S$3m to the South Australian government as it plans to decrease its fleet in Adelaide.
Office tenants are moving to hi-tech industrial space
Average gross rent for private high-tech space may have grown to $3.45 per sq ft per month, but tenants are relocating amidst faster increase in office rents.
Australand to delist from SGX
The Group no longer finds the need for the secondary listing and will just continue to maintain its primary listing on the Australian Securities Exchange.
Hello sunshine: StarHub launches Singapore’s first solar-charging mobile phone
SOLO's standby time can last for up to 200 hours.
IPOs raised $27b in Asia
This amounts to 42% of global capital raised.
Singapore’s unemployment hits three-year low of 1.9%
UOB says 54,000 jobs were created in 1Q11.
Wing Tai’s Le Nouvel Ardmore sold for $4,200 psf
This is 20% higher than Kim Eng’s original assumption of $3,500 psf.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform