Infineon upgrades its Singapore plant into smart factory

We can leverage a conducive research and development (R&D) ecosystem and supportive policies for high value-added manufacturing in Singapore." He told The Business Times that if the pilot phase for horizontal integration (involving the Singapore location ... ( read original story ...)

Singapore's jobs market at its weakest since 2009

Average unemployment rate sits at 3%. The Singapore labour market might have slumped to its worst in the past year since 2009. Citing the latest figures from the Ministry of Manpower (MOM), Citi Research said headline, resident, and citizen unemployment ... ( read original story ...)

South African Engen agrees to export gas-oil to Singapore

SINGAPORE: SA’s Engen is set to export a gas-oil cargo to Singapore, according to trade sources and shipping data. The company has provisionally booked the Torm Horizon to transport 35,000 tons of gas-oil to Singapore from Durban, shipping fixtures showed. ( read original story ...)

DBS, POSB cardholders get access to EZ-Pay facility

SINGAPORE - EZ-Link, on Wednesday, announced a collaboration with DBS Bank that will extend its EZ-Pay facility to DBS and POSB card holders. The expansion will enable wider access to the payment service - launched back in Aug 2016 - by allowing more card ... ( read original story ...)

Singapore Morning News For March 15

Singapore morning news by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities. Singapore Warns Investors about Trading Unregulated Binary Options The Monetary Authority of ... ( read original story ...)

Economists upgrade Singapore's 2017 growth forecast

The global economy took a turn for the better towards the end of 2016, which boosted Singapore's exports. The latest MAS survey found economists expecting non-oil domestic exports to grow 6.1 percent this year, higher than the 0.3 percent that they ... ( read original story ...)

Technology key to solving manpower crunch: Swee Say

SINGAPORE — While there are legitimate concerns in countries about technology putting workers out of jobs, such a worry would be largely unfounded in Singapore, said Manpower Minister Lim Swee Say yesterday, as he assured undergraduates who had the job ... ( read original story ...)

Singapore Stock Market May Extend Tuesday's Losses

(RTTNews.com) - The Singapore stock market on Tuesday ended the modest two-day winning streak in which it gathered almost 30 points or 0.9 percent. The Straits Times Index now rests just below the 3,145-point plateau, and the market may take further damage ... ( read original story ...)

Singapore Singtel ties up with polytechnics to help SMEs

SINGAPORE: Singtel has partnered Nanyang Polytechnic (NYP) – Singapore Institute of Retail Studies (SIRS) and Singapore Polytechnic (SP) to empower SMEs in the retail and food and beverage sectors to be digitally savvy. The partnerships augment the 99% ... ( read original story ...)

Siemens Bank approved to operate as merchant bank in Singapore

SINGAPORE: The financing arm of Germany’s Siemens has received approval to operate as a merchant bank in Singapore, from where it plans to offer project and structured finance lending for businesses and governments in Asia and Australia. Siemens said on ... ( read original story ...)

Singapore keeps curbs in place on Fukushima ag imports

Singapore is keeping in place curbs on food imports from Fukushima, which six years ago on Saturday (March 11) was hit by an earthquake, tsunami and nuclear disaster, the Agri-Food and Veterinary Authority of Singapore (AVA) has told The Straits Times. ( read original story ...)

China seen importing 3 mln T of pork in 2017

SINGAPORE, March 14 China is likely to import about three million tonnes of pork in 2017, similar to last year's level despite rising domestic production, a senior industry official said on Tuesday. "Global prices are still attractive for importing pork ... ( read original story ...)

Huone Singapore takes meetings out of boardrooms

The concept originated from Finland and has now opened its doors in Clarke Quay. Huone Singapore offers 11 differently themed inspirational meeting rooms for 5 to 150 people such as Igloo Room, Sandbox Room, and Forest Room. “No two rooms in Huone are ... ( read original story ...)