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SingTel denies talks of Telkomsel stake sale

SingTel denies talks of Telkomsel stake sale

This after Indonesia’s Telkom said SingTel is willing to sell its stake in Telkomsel.

45% of finance professionals worldwide say their government is inefficient

And 49% had lost confidence in the economic prospects of their own organizations.

European debt crisis pulls Singapore shares down

Fears of worsening European debt crisis caused steep losses in Wall Street overnight and pulled Singapore shares 3.45 percent lower.

More and more Singaporeans enjoy online shopping

The online shopping market for groceries in Singapore has been growing fast this year, according to statistics of payment service provider PayPal.

Target growth rate for cars to be cut further

Singapore would further cut its cap growth rate for the number of vehicles on the roads next year, Transport Minister Lui Tuck Yew said.

Asian philanthropists now target more strategic giving

In Singapore, individual charity contributions have increased every year since 2006.

Singaporeans report biggest loss of business confidence in Q3 2011

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

Singapore SMEs optimistic despite economic headwinds

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.

CBD prime office rents stagnant in 3Q11

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.

UOB plans doubling cross-border business lending

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

Singapore PMI down to 48.3 in September

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

Tiger cries foul over Australian media report

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

Prime housing rents fall for first time in nearly 4 years

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.

Take your pick: 82% of companies prioritize benefit choice for employees

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

68% of employers to hire more despite economic slowdown

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

Noble Group to subscribe for up to 15% of Atlas Resources’ IPO

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.

Designer homes: Would you like a scarf with that living room?

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