SINGAPORE: With Christmas just two weeks away, live pine tree imports appear to have dropped drastically. The United States - a major supplier of live Christmas trees to Singapore - has a reported shortage and, furnishing giant IKEA announced it would not ... ( read original story ...)
Business optimism hits another historical low in 4 years
Wholesale trade emerged as one of the most pessimistic sectors. Local firms in Singapore seemed to be losing hope as Business Optimism Index plunges to its second lowest historical low in four years, Singapore Commercial Credit Bureau (SCCB) revealed. ( read original story ...)
IOI Prop thrives on diversity
One of the reasons for its large profit is the diversity of its business. Projects in China and Singapore stand out in terms of driving earnings which the company says were responsible for both an increase in revenue and operating profit. That diversity is ... ( read original story ...)
Singapore economy could expand 2.3% in 2017: Deutsche Bank
Singapore - The Singapore economy could expand 2.3 per cent year on year in 2017, with a further rise to 3 per cent in 2018, said Deutsche Bank in a report this week. Still, it cautioned that "such a growth increment (is) hardly any reason to cheer about ... ( read original story ...)
Median salary to rise next year
The median base salary in Singapore is expected to rise 4.7 per cent in 2017, after factoring in disinflation, higher than the 3.7 per cent increase this year, said a report by Korn Ferry Hay Group yesterday. This would be ahead of Asia's real wage growth ... ( read original story ...)
A class apart: SIA's new business class seats that feel like a mini first-class suite
“[With a] stylish combination of enhanced seat comfort, intuitive space, convenience and leading-edge innovation, the Singapore Airlines’ business class detracts from the norm,” is how David Lim, general manager India, Singapore Airlines, describes ... ( read original story ...)
Singapore employees expecting to get bonus but not a pay raise: Randstad
SINGAPORE - Singapore employees are more confident about receiving a year-end bonus this year than they are about seeing their salaries go up, the latest global Workmonitor report by recruitment firm Randstad has revealed. Despite the slowing economy and a ... ( read original story ...)
How fashion label Ong Shunmugam became a successful business
The business side of things takes up 70 per cent ... It was so cute and fit so well and I loved it. I have no time to shop in Singapore, so I was like, “Okay lah!” I didn’t even convert the price from Korean won. When I went to the cashier and ... ( read ...
More retirees seeking financial assistance
Singapore Management University law don Eugene Tan suggested that more be done to spur people to have financial literacy and plan for their retirement. Retired cleaner Tan Cheng Yan, 61, has a monthly Central Provident Fund payout of $700 but hopes to ... ( read original story ...)
Data analytics at Alexandra Health System: A new journey in healthcare
The views expressed in this column are the author's own and do not necessarily reflect this publication's view, and this article is not edited by Singapore Business Review. The author was not remunerated for this article. ( read original story ...)
Singapore Customs seizes 5,635 cartons of duty-unpaid cigarettes
SINGAPORE: The duty-unpaid cigarettes were seized at a self-storage facility in the north-east of Singapore on Wednesday, Dec. 7, 2016. (Singapore Customs via AP /-) Singapore Customs seized 5,635 cartons of duty-unpaid cigarettes from a self-storage ... ( read original story ...)
GTA Online Import/Export DLC vehicle list leaked: Full customisation and design revealed
GTA Online Import/Export DLC vehicle list leaked: Full customisation and design revealed Renowned YouTuber MrBossFTW (aka Ross) has showcased some exquisite details of the forthcoming DLC cars and rare special vehicles, in his latest gameplay video for GTA ... ( read original story ...)
Singapore Fuel Oil Imports Grow Alongside Weakening European Demand
The first nine months of 2016 saw Singapore's onshore fuel oil stocks reach more than 4.1 million tonnes - a two-year high, IHS Fairplay reports. The increase is said to have been supported by decreased demand in Northern Europe, prompting Russia, the ... ( read original story ...)
Singapore’s maritime sector to boost with new lab aiming to cut fuel costs
SINGAPORE: A new research laboratory developing clean energy solutions promises to be a boost for Singapore’s maritime sector. The facility, which was launched on Wednesday (Dec 7), is located at Nanyang Technological University (NTU), with offshore ... ( read original story ...)
Malaysia exports declined 8.6% in October
Exports to ASEAN4 fell 5.1% (share: 25%) amid declines in exports to Singapore (-7.5%; share 13.9%) and Thailand (-8.9%; share 5.4%). This was offset by higher exports to Philippines (8.5%; share 1.8%) and Indonesia (5.4%; share 3.3%). Exports to CLMV grew ... ( read original story ...)
New export work prompts private firms to raise purchasing activity
“Business conditions across Singapore’s private sector improved at a quicker rate in November, as companies reported stronger expansions in both output and new orders. At the same time, further growth in new export work helped to lift overall ... ( read original story ...)