News
Singapore domestic airfares show no sign of slowing
Singapore domestic airfares show no sign of slowing
Economy-discount fare prices grew the most at 9% in 2Q11.
A Lion’s share: Singapore is most active hotel investment market in Asia Pac
The Lion City accounted for a whopping $1.02b out of the $2.6b transaction volume in the region.
Government invests $6.8m in training of textile and fashion employees
The Singapore Workforce Development Agency is developing programmes to support the manpower needs of the industry.
Why you should do volunteer work more often
40% of Singaporean employers consider volunteer work as valuable as paid work experience when evaluating candidates.
Senior private bankers in Singapore earn more than their Swiss counterparts
Estimates show those in Singapore earn between $160,000 and $410,000 a year, while in Switzerland the range is $152,000 to $210,000 annually. This is according to London-based recruitment firm EMA Partners International.
Economists cut Singapore growth forecasts from 6.2 to 5.3%
A quarterly survey shows private sector economists downgrading their forecasts for the gross domestic product growth of Singapore. This was announced by the Monetary Authority of Singapore.
Naumi to open second hotel in Singapore
The total refurbishment of the second hotel at Keong Saik Road will be finalized in 2012.
Singapore is 2nd most expensive place to build in Asia
The country came in behind Japan and tied places with Hong Kong.
Asia-Pac disasters to propel property catastrophe reinsurance premiums up
Expect tighter terms and conditions as well as international reinsurers attempt to claw back some of the losses.
Singapore stocks take a beating amidst fears of a US recession
NOL’s shares, for instance, plunged 5.3%.
Singapore is top destination for Aussie companies
And 58% of Aussie businesses are interested in expanding across the South-East Asian region.
Singapore office rents to rise 8% in 2011
DBS says office demand will remain positive, though slower than previously projected.
29% of Singaporean companies provided no training to staff
The 71% that did reported improved work productivity, product/services quality and customer satisfaction.
The President is taking office at a critical point: Prime Minister
Fortunately, according to Mr Lee Hsien Loong, Singapore is in a good position amidst the deeply troubled global economy.
I will strive to be a President of whom you will all be proud: Dr Tony Tan
Singapore’s 7th Head of State said that, as a symbol, the President can strive to embody all that is good in Singapore and Singaporeans.
Concerns lurk as unemployment rises to 2.1%
Survey shows employment outlook is dim for industries such as transport & storage, financial services, business services and manufacturing.
Singapore inflation feared to remain over 5% this year
This is on account of continued strong increases in accommodation costs, according to MAS.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform