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 ...)
Singapore's Tourists Abandon Casinos for Shopping Malls
Singapore's casinos are so 2015. After luring tourists for half a decade, they're now losing out to the mall. Shopping has overtaken gambling as the biggest earner in Singapore's tourism industry for the first time since 2012, surging 44 percent in the ... ( read original story ...)
Singapore economy could only grow 2% next year: ICAEW
Weak manufacturing sector seen a major drag. Recent economic data have been disappointing in Singapore and the economy is expected to grow at a subdued pace by historical standards in 2017, said the Institute of Chartered Accountants in England and Wales ... ( read original story ...)
Singapore Casinos Are So 2015 as Tourists Go Shopping Instead
(Bloomberg) -- Singapore's casinos are so 2015. After luring tourists for half a decade, they're now losing out to the mall. Shopping has overtaken gambling as the biggest earner in Singapore's tourism industry for the first time since 2012, surging 44 ... ( read original story ...)
Listening points for feedback ahead of Budget 2017
SINGAPORE: Feedback unit REACH and Singapore's finance ministry will be organising a series of listening points to gather views ahead of next year's Budget. Nine REACH listening points will be set up in areas like malls, markets and community centres. ( read original story ...)
Singapore's easing office rents offer cost advantage: analysts
But some analysts see a brighter side to this, saying this gives the market cost advantage. Based on JLL's latest Global Premium Office Rent Tracker, Singapore ranked 18th in the world's priciest cities for Grade A offices. Its rival Hong Kong topped the list. ( read original story ...)
Seven things to know about 2016 banking bonuses in Singapore
Worried about your Singapore banking bonus? You probably should be. http://news.efinancialcareers.com/sg-en/265908/job-market-singapore/ Investment banks in Singapore typically won’t pay their bonuses until after Chinese New Year, but a general picture ... ( read original story ...)
DBS staff in Hong Kong arrested amid alleged data leak
SINGAPORE — Several employees of DBS Group Holdings in Hong Kong have been arrested in a probe connected with an alleged leak of customer data, prompting the Singapore bank to say on Friday (Dec 9) that it takes its obligations to curtail financial crime ... ( 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 ...)