Manufacturing, construction and services sectors report huge lay-offs due to redundancy and technological replacement harming Singapore's unemployment rates. (Photo : WRA Pool/ Pool via Getty Images) Recent statistics in Singapore's employment figures ... ( read original story ...)
Economists slash Singapore GDP, exports growth expectations further
Economists have slashed their forecast for the growth of Singapore economy in 2016 and 2017 in line with the weak global fundamentals and a sustained downward shift in GDP and export expansion in the trade-reliant country. According to the latest survey by ... ( read original story ...)
Singapore business confidence slumps
The quarterly Business Optimism Index (BOI) fell to negative 1.22 percentage points for the first quarter of next year from plus 2.87 percentage points in the fourth quarter of this year, the Singapore Commercial Credit Bureau (SCCB), which compiled the ... ( read original story ...)
Singapore Nov exports seen falling y/y for 3rd month on slack global demand
Singapore's exports in November are expected to have fallen for a third straight month, a Reuters poll showed on Tuesday, reinforcing the headwinds buffeting the trade-reliant economy in the face of sluggish global demand. Non-oil domestic exports (NODX ... ( read original story ...)
Imports of live Christmas trees slow sharply
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 ...)