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Ahead of Budget 2017, NTUC calls for support to help workers transition into new economy

Tue, 17 Jan 2017 15:31:13 GMT

The labour movement outlines four key areas of focus, including a better system to help the unemployed find jobs and making training courses more accessible. 



Singapore, Indonesia economic ties set to strengthen: Lim Hng Kiang

Tue, 17 Jan 2017 15:22:42 GMT

Singapore was Indonesia’s third-largest trading partner in 2015 and Indonesia was Singapore’s fourth-largest trading partner that year. Singapore was also Indonesia’s largest foreign investor. 



New repayment scheme to help borrowers pay off unsecured debts

Tue, 17 Jan 2017 14:50:51 GMT

Under this new scheme, customers can consolidate all their unsecured credit balances across the 14 banks with just one institution.  



For luxury brands, affluent Singaporeans favour quality over prestige: Survey

Tue, 17 Jan 2017 15:21:45 GMT

When it comes to making luxury purchases, Singaporeans are no longer drawn to the prestige and status that come with high-end brands, according to a new survey conducted by Mediacorp and Agility Research and Strategy. 



Singapore exports extend rebound, rising 9.4% in December

Tue, 17 Jan 2017 14:50:14 GMT

Non-oil domestic exports expanded 9.4 per cent in December, following an 11.5 per cent increase in the previous month, due a rise in both electronic and non-electronic shipments, IE Singapore says. 



Singapore’s economic restructuring a work-in-progress: MAS chief Ravi Menon

Mon, 16 Jan 2017 16:32:20 GMT

Singapore's macro fundamentals are sound, says the managing director of the Monetary Authority of Singapore. 



Retail sales up 1.1% in November, mostly due to vehicle sales

Fri, 13 Jan 2017 05:00:00 GMT

Excluding motor vehicles, total retail sales were 2.1 per cent lower than November last year. 



Malaysian restaurant chain PappaRich mulls Singapore IPO: Report

Fri, 13 Jan 2017 02:50:39 GMT

Malaysian restaurant chain PappaRich Malaysia is considering a valuation of at least S$200 million (US$140 million) in the share sale to fund expansion. 



Extending PIC scheme part of KPMG's wishlist for Singapore Budget 2017

Thu, 12 Jan 2017 15:01:09 GMT

This will help to encourage productivity and innovation during the period of downturn, KPMG said, as it released its recommendations for the coming Budget.  



Joint venture in Singapore unveils world’s first composite passenger lift

Thu, 12 Jan 2017 07:44:05 GMT

Unveiled by the Singapore Lift Company on Wednesday (Jan 11), the lift, named “8”, uses lightweight composite materials and marks a shift away from steel - the material that is used traditionally in the manufacturing of lifts.