Singapore's export-driven economy shrank the most in four years in the third quarter, officials said Friday, as manufacturing sharply contracted on weaker global demand. The city-state, which is regarded as a bellwether for Asia's other trade-reliant ... ( read original story ...)
Fourth telecom provider on the cards for Singapore
The initial auction will be for establishing potential new entrants to the Singapore telecoms industry, which currently has just three providers. It will be followed by a second auction between the reigning three companies, which are Singtel, StarHub and ... ( read original story ...)
Singapore’s growth miss may be the canary in the coalmine
during the global financial crisis. GDP also contracted 4.1 percent on-quarter, compared with a Reuters poll forecast for 0.3 percent growth. "Singapore being a small open economy, basically we are like a harbinger," Selena Ling, head of treasury research ... ( read original story ...)
Singapore central bank stands pat despite GDP slump, markets bet on more easing
SINGAPORE (Reuters) - Singapore's central bank on Friday held ... Swissco Holdings LTD and Rickmers Maritime. Even the financial industry, which has put the tiny 51-year-old island city on the global map, is under pressure as its once-booming private ... ( read original story ...)
No recession yet, but here’s why Singapore faces bigger worries ahead
But others such as the rig-builders like SembCorp Marine are still struggling to rebuild their business in the current oil slump. These issues will come into focus when a government-appointed panel looking at the future of Singapore’s economy releases ... ( read original story ...)
Business owners provide shuttle for Thai workers to bid late king goodbye
SINGAPORE: Around 2,500 people in Singapore paid their last ... who on their day off were were brought to the embassy on a shuttle bus hired by business owners at Golden Mile Complex. "Talking about their king, they really respect (him)," said business ... ( read original story ...)
Singapore closes, fines bank for Malaysian 1MDB Fund links
"Although management's attention was drawn to these matters, it repeatedly failed to properly investigate the business relationships," the statement said. Falcon is the second bank to lose its license in Singapore in connection with investigations into ... ( read original story ...)
Singapore dollar hits 7-month low on lacklustre growth outlook
SINGAPORE: The Singapore dollar fell to a seven-month low on Friday (Oct 14), as a disappointing growth report card and a dovish policy statement from the central bank fuelled concerns over the outlook of the economy. Gross domestic product (GDP) for the ... ( read original story ...)
Singapore queries indicators in 2016 Global Innovation Index
... outputs showing in the index released in August was that many indicators that Singapore considers as "outputs" were treated as inputs in the GII. These include business expenditure on R&D as a percentage of gross domestic product (GDP), knowledge ... ( read original story ...)
How Singapore business leaders can succeed in a fast-changing world: Study
Singapore business leaders may have a global outlook but they lack the global mindset - one that's truly inclusive of multiple, diverse perspectives - to take on the world, says a study by the government-backed Human Capital Leadership Institute. ( read original story ...)
The expensive business of getting a Singapore uni degree
Singaporean university students who're feeling the pinch have good reason, according to new research. The cost of attending university in the city-state has jumped 38 percent on average since 2007, ValuePenguin, a consumer research firm in New York, told CNBC. ( read original story ...)
Singapore banks still hiring despite slowing economy
WHILE global banks are slashing Asia positions - especially in investment banking - banks operating in Singapore have thousands of vacancies, mainly in compliance and information technology. Several banks told The Business Times that while recruitment may ... ( read original story ...)
Coney Island: The life and death of a lonely Singapore cow
Singapore's favourite - and only - wild cow died this week ... A health screening!" While some compared the news to the death of Cincinnati Zoo gorilla Harambe, others like Zulkifli Rokhim offered a cheeky suggestion. "Rename the place 'Cowney Island ... ( read original story ...)
Singapore Says Neutral Policy to Stay as Economy Shrinks
Singapore’s central bank signaled it will stick to its neutral currency policy for an extended period of time after the economy contracted the most in four years, sending the local dollar to a seven-month low. After easing twice in 2015 and again in ... ( read original story ...)
Pliskova Bringing Aggressive Approach To Singapore Debut
SINGAPORE - Set to enter the Centre Court arena for her BNP Paribas WTA Finals Singapore presented by SC Global debut is Karolina Pliskova, the Girl on Fire. "It's crazy, because that month in the States really changed everything," she told WTA Insider ... ( read original story ...)
Singapore, Norway can cooperate in R&D, climate change: President Tony Tan
TROMSO, Norway: Singapore-Norway cooperation has evolved over the years, and the two countries can forge new frontiers in cooperation in areas such as research and development (R&D) and tackling climate change, said Singapore President Tony Tan Keng Yam ... ( read original story ...)