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Channel NewsAsia Singapore Business News

Latest Channel NewsAsia Singapore Business News


Passengers at Changi Airport rose 8.2% in January

Thu, 23 Feb 2017 03:10:38 GMT

The airport handled 5.26 million passengers last month, and this was boosted by air travel demand to and from Southeast Asia, Northeast Asia and South Asia, says CAG. 

EDB, MOM to end Contact Singapore alliance in April

Thu, 23 Feb 2017 07:00:54 GMT

Contact Singapore, whose function includes engaging overseas Singaporeans and global talent to work in Singapore, said its job portal will be discontinued with effect from Mar 1 this year.

Singapore, UK renew bilateral Economic and Business Partnership

Tue, 21 Feb 2017 11:30:39 GMT

This paves the way for greater economic cooperation and new business opportunities in both countries, says MTI.

Budget 2017: ‘Fiscally prudent’ with preference for ‘wiser’ targeted help, say economists

Tue, 21 Feb 2017 00:00:00 GMT

Rather than taking on a broad-brush approach, Budget 2017 contains a suite of targeted support measures that are 'wiser' and may have a higher chance of succeeding, economists told Channel NewsAsia.

Budget 2017: Mixed views on help for businesses, with trade groups seeing hits and misses

Tue, 21 Feb 2017 15:02:43 GMT

Representatives of the various organisations say they were looking for more help in the short-term, with the Singapore Business Federation noting that local firms require 'immediate stimulus'. 

Budget 2017: Measures to deepen partnerships, spur innovation

Mon, 20 Feb 2017 17:52:10 GMT

To further strengthen partnerships, the remaining 17 industry transformation maps (ITMs) will be unveiled within FY2017, while a S$500 million top-up for the National Research Fund is one of the efforts to give innovation a boost.

Budget 2017: Businesses to get help in financing when scaling up globally

Mon, 20 Feb 2017 17:44:48 GMT

A new International Partnership Fund is among the initiatives announced in Budget 2017 that will provide support for local firms to flex their muscles on the global stage, says Finance Minister Heng Swee Keat on Monday (Feb 20). 

Budget 2017: S$1.4b targeted support to help companies address near-term concerns

Mon, 20 Feb 2017 17:40:07 GMT

Near-term help include a one-year deferment in the foreign worker levy increases for the marine and process sectors, as well as the roll-out of public sector infrastructure projects worth S$700 million, says Finance Minister Heng Swee Keat in Parliament on Monday (Feb 20). 

Retail investors more cautious about overseas property deals

Mon, 20 Feb 2017 07:04:43 GMT

However, Singaporeans' appetite for homes offshore remains strong with real estate firm Cushman and Wakefield ranking it as second highest among Asian investors. 

Go abroad, embrace technology: How Singapore firms are navigating the uncertain economy

Sun, 19 Feb 2017 03:13:34 GMT

Local businesses are betting on overseas markets, technology investments and some help from the Government in the upcoming Budget to ride out the ongoing economic uncertainties.