News
Employment rate of workers aged 55 to 64 reached new high of 59%
Employment rate of workers aged 55 to 64 reached new high of 59%
Employers should tap on the pool of mature workers to moderate the need for foreign manpower and remain competitive.
Lack of skilled labour considered as number one constraint to growth
The recently announced changes to foreign workers levy for the lower skilled worker will add up to business costs.
IDA steps in to halt “bill shocks”
Consumers now have the option to block third-party providers that send chargeable Premium Rate Services (PRS).
BOJ to inject 7 trillion yen aid shaken Japanese market
The BOJ has rescheduled its meeting – from tomorrow to 1pm (0400 GMT) – to come up with new policies and plans of action as Japanese financial markets re-open today.
Non oil domestic export may have moderated to 12.3% in February 2011
The figure is down from a robust expansion of 20.8% in the previous month.
Economic impact of Japan quake remain surprisingly low:DBS
This is based on the order of tens of billions of US dollars rather than hundreds of billions.
Repercussions of Japan quake seen to be minimal: Macquarie
Compared to the Kobe quake on 17 January, 1995, Macquarie believes the impact should be lower.
Singapore ranked most targeted nation for mergers and acquisitions volume in SE Asia
The M&A volume totaled US$4.5 billion in Singapore accounted for 40% of total M&A volume in South East Asia.
Singapore's US$2.1bn Equity Capital Market volume ranked second in SE Asia
Indonesia lead the region with US$2.2 billion - the highest YTD volume on record.
Ministry of Law proposes new measures to safeguard conveyancing money
The Conveyancing Bill aims to address the risk of rogue lawyers defalcating clients' conveyancing money.
Oil price movement to affect Singapore inflation:OCBC
Crude oil price has sustained above US$100/barrel for the best part of the past two weeks.
Shipbuilding could be challenging beyond 2012:DBS
Weakness in the Baltic Exchange Dry Index is expected to result in a slow down in order flows.
Singapore rigbuilders may post negative to muted earnings growth for FY2011
Meanwhile, Singapore yards are looking good beyond 2011, said DBS.
Monthly salary threshold for S Pass applicants raised to at least $2000
Employers of existing Employment Pass and S Pass holders will be given a one-time renewal of up to 2 years to meet salary thresholds.
Inflation forecast at 4.0% in 2011
Previously at 2.9 per cent, March MAS survey of professional forecasters tips inflation at 4.0 per cent.
Singapore will be the hunting ground for senior talent
With its mature workforce and world-class talent pool, Singapore based talent is favoured for senior positions in neighboring countries.
Foreign investor participation seen to increase in 2011
Regional investors from Asia Pacific were the largest group of foreign investors in Singapore.
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