News

63% are losing business confidence and 80% expect the global economy to stagnate or deteriorate further.

According to Sage Group’s survey, Singapore businesses were among the most confident in the recovery of their country’s economy, while companies in the UK and US were the most pessimistic.

Average gross rent of office space in Raffles Place was flat at $9.80 psf/month in Q3 2011, after rebounding by 25.6%  in Q1 2010.

The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.

This is the third straight time that the manufacturing economy has contracted after having previously recorded 9 months of continuous expansion.

The airline said a report by the Australian Broadcasting Corporation contained various inaccuracies.

Housing rents in prime areas have dropped for the first time in nearly four years, as uncertainty in the global economy meant fewer executives are being hired, according to Jones Lang LaSalle.

And 24% indicated their key priority for providing choice is to attract and retain talent.

50% of Singapore companies plan to hire more freelance staff and 32% will employ more remote workers in 2011/12.

Noble Group had provided a loan to Atlas Resources on 27 Apr11, and the contract has an option to convert this into a 10.1% stake in the company.

SC Global will collaborate with Hermès on the world’s first ever apartment entirely decorated by the luxury brand.

As tourism receipts for 1Q11 rose 36% to S$4.98b and are expected to surpass last year’s record of S$18.8b.

This drove Singapore shares to a two-year low as property companies lost in Tuesday’s trading.

UOB expects office rentals to pull back to S$7.50-8.00 psf in two years as demand slows from weakening hiring pace and cost-cutting at banks.

The group has filed an application relating to a primary listing of its agricultural business on the SGX Mainboard.

Preliminary investigation by the Ministry of Manpower showed that the fire broke out at a Pump House.