“We’ll see more failures within the oil services sector,” said Song Seng Wun, regional economist with CIMB Private Banking in Singapore, in a telephone interview. “Stronger companies, like Keppel Corp. and Sembcorp Marine, will survive and take ... ( read original story ...)
Employee redundancy – what is the Singapore government doing about it?
The global financial crisis back then was the cause of such a drop ... The Action Plan Lim shares the same sentiments as other concerned citizens – Singapore’s bracing itself over the possibility of a bigger number of layoffs, especially in sectors ... ( read original story ...)
Singapore ranked ninth globally in a rule of law index
It knocked Australia off to take the second spot in Asia-Pac. Singapore clinched the ninth spot globally in a rule of law index for two years in a row. The report released by US-based advocacy group World Justice Project (WJP) evaluated countries through ... ( read original story ...)
Addressing the issue of underinsurance in Singapore
Of the firms surveyed, 72 percent said they either expected sales to grow by the end of 2016 or to at least hold their financial position (that is, 28 percent expect growth and 44 percent expect to remain the same), while 40 percent expected Singapore’s ... ( read original story ...)
Singapore firm to launch new funds, boost oil trade in yuan
BEIJING (Reuters) - Singapore investment firm New Silkroutes Group Ltd is set to launch two new China-focused funds worth $1.6 billion in total and is looking to expand its oil trading business with Chinese customers following a restructure. The former ... ( read original story ...)
Brace yourselves for the rise of robo-advisory financial services in Singapore
It is slated to be launched later this year. We previously wrote on how redundancy is tipping the scale of employment in Singapore. We discussed the government’s action plan in helping jobseekers who were affected by the job market. Tough times are upon us. ( read original story ...)
Aust-Singapore trade deal to get update
Australian lawyers, financial services and some graduates are set to benefit from a revamped trade deal with Singapore. Prime Minister Malcolm Turnbull and his Singapore counterpart Lee Hsien Loong will sign an updated trade pact in Canberra on Thursday ... ( read original story ...)
Singapore cracks down on 1MDB-linked accounts
In the latest update on the 1MDB saga, the Monetary Authority of Singapore has slapped penalties on several banks over anti-money-laundering rule breaches. ( read original story ...)
Designer in Focus: MAX TAN
Singapore Fashion Week is back with a brand new list of designers armed with their best collection yet! Mark your calendars. From 26 October to 29 October, it is the fashion event of the year. We celebrate some of our old favourites and keep an eye out for ... ( read original story ...)
Singapore amongst five ASEAN cities to dominate travel, tourism sector over the next decade
The industry is projected to be worth $1.1tr. One in ten of all tourism investment dollars will go into ASEAN countries over the next ten years, and the greatest beneficiaries would be Singapore, Thailand, Vietnam, Indonesia, and Malaysia, according to new ... ( read original story ...)
All aboard! Singapore will begin self-driving bus trials: Autonomous vehicles could ease congestion
Countries around the world are encouraging the development of such technologies, and high-density Singapore is hoping driverless vehicles will prompt its residents to use more shared vehicles and public transport. 'They say big dreams start small, so we ... ( read original story ...)
Singapore Airlines confirms plans for two-class Airbus A350ULR
An Airbus spokesman has previously advised Australian Business Traveller that Singapore Airlines’ long-legged A350 will have around 170 seats – approximately 80 less than its new standard-issue A350-900s. SQ's two-class layout would likely see most of ... ( read original story ...)
Singapore remains the top choice of Asian companies for business expansion
3 in 10 business leaders said so in a survey. Singapore is still the most preferred business expansion among Asian companies, a survey from UOB show. According to the second edition of the Asian Enterprise Survey, one third or 32% of the 2,500 business ... ( read original story ...)
All aboard! Singapore now to try out self-driving buses
Countries around the world are encouraging the development of such technologies, and high-density Singapore is hoping driverless vehicles will prompt its residents to use more shared vehicles and public transport. "They say big dreams start small ... ( read original story ...)
Singapore’s $24 Billion Wipeout Eats Into Its Shipyard Base (2)
Singapore’s Straits Times Index climbed 0.2 percent ... give it broader capabilities in building gas storage tanks and offshore production units, Chief Financial Officer Tan Cheng Tat said in July. The company has experienced “several down-cycles ... ( read original story ...)
Singapore REITs Turn From Worst to First as BNP, Samsung Buy
(Bloomberg) -- Singapore real estate investment trusts have gone from last year’s biggest losers to this year’s best performers as their world-beating yields attract investors including BNP Paribas Investment Partners to Samsung Asset Management. ( read original story ...)