SINGAPORE: Its R&D will cover data intelligence, IoT, and fintech. Retail giant Alibaba will open one new technology research lab in Singapore through its new program Alibaba DAMO Academy. According to a press release, Alibaba will invest more than US$15b ... ( read original story ...)
Singapore’s Perks, Business-Friendly Environment Lure Showbiz Giants
A clear legal framework, political stability and a free market economy are what makes Singapore continue to be a conducive environment for international television networks to house their Asian headquarters. Industry insiders say that while the English ... ( read original story ...)
What Singapore Tells Us About the Global Economy — Update
Singapore manages monetary policy through exchange-rate settings, rather than interest rates, as external trade dwarfs the island nation's economy. The central bank has kept a neutral policy stance since April 2016. Many analysts predict the electronics ... ( read original story ...)
Economic recovery boosts Singapore housing market
The housing market in Singapore has rebounded even though the Singapore government has not relaxed property curbs. Home prices rose in the third quarter, the first rise in four years, according to the Urban Redevelopment Authority (URA) Index in Singapore. ( read original story ...)
Malaysia says it does not import instant hotpot already banned in Singapore
KUALA LUMPUR — The Malaysian Health Ministry on Saturday (Oct 14) clarified that Malaysia does not import the instant food product Ba Shu Hotpot or Ba Shu Lan Ren, which contains meat from China. Concerns were raised in both Malaysia and Singapore ... ( read original story ...)
Iron ore rallies as China imports bust 100 million ton level
Singapore - Iron ore imports by China surged above 100 million metric tons to a record, smashing the previous high set in 2015, as the country’s concerted push to clean up the environment stoked demand for higher-grade material from overseas while ... ( read original story ...)
Oil rises on tighter U.S. market, strong China imports
SINGAPORE (Reuters) - Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. With the Organization of the Petroleum ... ( read original story ...)
Singapore Home Sales Drop as ‘Hungry Ghost’ Month Spooks Buyers
City’s home prices rose in 3Q for first time in four years Singapore home sales fell in September as developers marketed fewer projects in a month considered inauspicious by Chinese homebuyers. Developers sold 657 units last month, down from a revised ... ( read original story ...)
Opium den to disco — the story of Singapore’s Warehouse Hotel
(CNN) — Luxury boltholes are a dime a dozen in Singapore, but the newly opened Warehouse Hotel has a history that is scandalously unique. Located in the now prestigious Robertson Quay area, the boutique hotel spans three old warehouses, which ... ( read original story ...)
In dire straits? Singapore Press Holdings accelerates plan to axe 400 jobs
SINGAPORE PRESS HOLDINGS is hoping that a slimmer employee base will save its struggling media business, but observers say retrenchments alone will not keep Southeast Asia’s biggest newspaper publisher and its regional peers in business, as digital ... ( read original story ...)
Singapore stock market likely to extend gains, say analysts
SINGAPORE - After two weeks of solid gains in the stock market that sent the benchmark Straits Times Index (STI) up by nearly 100 points or 3.1 per cent to breach through the 3,300 level, what are the odds of a third week of gain? Pretty good, analysts ... ( read original story ...)
Revving up Singapore’s startup nation
Although Singapore produces approximately 58% of its graduates in Engineering Sciences, Business & Administration and Information Technology every year, many end up pursuing careers in the multinational corporations and the public sector for the stability ... ( read original story ...)
Singapore Private Property Price to Income Shows Valuation Not Running Away
Private housing prices are not cheap but we have been in a 4 year consolidation. Those that did well have increased their income and private properties are affordable for them. Bernard Tong, CEO of EdgeProp has a guest post out in Channel News Asia. ( read original story ...)
French cabaret Crazy Horse returns to Singapore after a decade
SINGAPORE (Reuters) - Crazy Horse, a French cabaret known for its topless female dancers, has returned to Singapore a decade after a franchise club failed in the conservative Southeast Asian city-state. A Parisian institution for 66 years, the cabaret ... ( read original story ...)
Singapore Telecommunications : Singtel, Ericsson to Launch Singapore’s First 5G Centre of Excellence
to faciliate 5G development and deployment in Singapore. 5G, the next-generation mobile network technology, is expected to roll out globally from 2020 and will deliver massive connectivity, ultra-low latency, gigabit speeds, and enable advanced ... ( read original story ...)
Technology in farming: Difficult for all to apply
Of primary concern to land-scarce Singapore is food. As climate scientist Benjamin Grandey from the Singapore-MIT Alliance for Research and Technology notes: "Agriculture is sensitive to weather conditions. Climate change may impact food supplies... ( read original story ...)