SINGAPORE: Singapore’s exports in November unexpectedly jumped, thanks to a sharp rise in shipments of pharmaceuticals as well as overall increases in sales to the European Union and China, but analysts say it’s too early to call a turn for the ... ( read original story ...)
Singapore exports unexpectedly jump, a turnaround still some way off
SINGAPORE Singapore's exports in November unexpectedly jumped, thanks to a sharp rise in shipments of pharmaceuticals as well as overall increases in sales to the European Union and China, but analysts say it's too early to call a turn for the stressed ... ( 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 ...)
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 ...)
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 ...)