All developed nations use a Central Bank to help regulate and sustain economic growth. Singapore is no different, but its approach to monetary policy is very different. In this article we will explore the Monetary Authority of Singapore (MAS) and several ... ( read original story ...)
Singapore rises to world's 16th costliest city for expats
Singapore is the 16th most expensive city in the world for expatriates - a rise of two places from a year ago. This move up has brought Singapore closer to Hong Kong, which fell two places to 11th. "Singapore's cost of living hasn't risen much in Singapore ... ( read original story ...)
Philippines, Singapore boosting economic and business cooperation: President Tony Tan
SINGAPORE: The Philippines and Singapore are doing more to enhance economic and business cooperation, said President Tony Tan Keng Yam on Thursday (Dec 15), at a state banquet hosted for his Philippine counterpart Rodrigo Duterte at the Istana. Dr Tan ... ( read original story ...)
Citi: Fed will only hike twice in 2017
The Fed might have projected three rate hikes next year but the stronger USD will slow down its pace of rate hikes, says Citibank Singapore's Zal Devitre. ( read original story ...)
Singapore, Malaysia ink high-speed rail link deal
It will be operational by December 2026. According to Bloomberg, the high-speed rail deal was signed on Tuesday in the presence of Singapore Prime Minister Lee Hsien Loong and his counterpart Najib Razak in Putrajaya, Malaysia’s administrative capital ... ( read original story ...)
How to Goose the Waitlist for Singapore Airlines Suites Awards
American Express, Citibank, Chase, and other banks are advertising partners ... One of the 18 tricks you should know about Singapore Airlines KrisFlyer is waitlisting awards. You can waitlist as many flights as you want, and decide once a waitlist clears ... ( read original story ...)
Over 40,000 Singapore cleaners to receive 3% wage hike
Following a review of the Tripartite Cluster for Cleaners Report (TCC) for the cleaning sector, the Singapore government has accepted the recommendations contained in the report detailing enhancements to the Progressive Wage Model (PWM). Stated in the ... ( read original story ...)
Singapore employees uncertain on job security due to lack of digital skills
According to a study by Randstad, the shift to digital has changed consumers' purchasing habits, as well as organisations' strategies to grow their business. "This seems to have hit the confidence of employees in Singapore, with many stating that in order ... ( read original story ...)
Singapore will also prosper if Iskandar Malaysia region succeeds: PM Lee
Singapore will prosper if the neighbouring Iskandar Malaysia region in the state of Johor does well, said Prime Minister Lee Hsien Loong on Tuesday. Mr Lee, who was in Putrajaya to attend the annual leaders' retreat with Malaysian Prime Minister Najib ... ( read original story ...)
Singapore Airlines Will Fly The A350 To Houston Starting In 2017
On top of that, the A350 features Singapore’s newest business class product, and also features wifi. This is Singapore’s second A350 route to the U.S., after their nonstop flight from San Francisco to Singapore, which launched a couple of months ago. ( read original story ...)
Singapore Companies Lay Off 13,730 Workers Due To Redundancy in Manufacturing And Services Sectors, Industries' Activity Slowdown Also To Blame
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 ...)
UOB customers can now use their smartphones as a digital security token
Credit: UOB.com.sg UOB Singapore has launched Mighty Secure, a digital security feature which allows users to use their mobile phone as a security token for safe authentication while using the UOB Mighty app. According to the bank, more than 9,000 UOB ... ( 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 ...)
Malaysia, Singapore Sign Pact to Build High-Speed Railway
Malaysia and Singapore signed an agreement Tuesday to build a high-speed ... The rail line will "transform the way we interact, socialize and do businesses," Lee said at a news conference. "It is a complex project and we are making long-term commitments ... ( read original story ...)
New global electronics connections
SINGAPORE’S largest electronics incubator with links to thousands of local members and companies is looking to invest in South Australia’s growing industry after meeting with industry members at the World Electronics Forum. The agreement between ... ( read original story ...)
Singapore unemployment rises 2.1% as total jobs contract in Q3
It was in 1Q15 when employment last suffered contraction. Singapore unemployment rate has seen a 0.1 percentage point increase to 2.1% in September, as total employment contracted for the first time since the 1Q15, slumping by 2,700 jobs. According to the ... ( read original story ...)