Economy

Cashless payments to spur 9% growth in Singapore banks' profits

Cashless payments in Singapore could lead to an increase in bank profits by as much as 9%, Maybank Kim Eng analyst said.

Sep 20, 2017

By Peter Del Rosario

Singapore's PM China visit: 5 things you need to know

Singaporean Prime Minister Lee Hsien Loong met Chinese Premier Li Keqiang on Tuesday, beginning his three-day official visit to the country.

Sep 20, 2017

By Aastha Agnihotri

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

Singapore: Stellar electronics sector boosts non-oil domestic exports in August

Singapore's non-oil domestic exports have seen a stronger improvement in August than it had in the preceding month registering a 17 percent expansion

Sep 19, 2017

By Peter Del Rosario

Who are the Rohingya and why are so many fleeing Myanmar?

What caused Myanmar's Rohingya crisis?

Myanmar's Rohingya crisis has escalated over the past three weeks, with the United Nations estimating more than 400,000 Rohingya Muslims having fled the hostility in Rakhine to Bangladesh.

Sep 19, 2017

By Aastha Agnihotri

India to overtake China as global super power: Deloitte

India is set to rise as an economic superpower, helped in part by its growing young population, according to Deloitte's Voice of Asia report.

Sep 18, 2017

By Aastha Agnihotri

All you need to know about Singapore's first woman President

Halimah Yacob, a former speaker of parliament from the Muslim Malay minority, will become Singapore's first female president when she is sworn in Thursday as the city's eighth head of state.

Sep 14, 2017

By Aastha Agnihotri

Japan's Prime Minister Shinzo Abe with Narendra Modi

5 things you need to know about Japan PM's India visit

Japanese Prime Minister Shinzo Abe met Indian counterpart Narendra Modi on Thursday and discussed ways to strengthen the India-Japan partnership both in the bilateral context and beyond.

Sep 14, 2017

By Aastha Agnihotri

MTI, STB seek feedback on amendments for travel agents law

Fewer Singapore firms reward CEOs long-incentive plans: Survey

A Korn Ferry Hay survey found out that fewer Singapore-listed firms offer their chief executives long-term incentive plans.

Sep 14, 2017

By Peter Del Rosario

Singapore: Couple found dead at condominium in Novena

Singapore condo resale volume surges 19.2%

SRX Property said condo resale figures in Singapore have improved in the month of August, with prices up 0.7% and volume up 19.2%.

Sep 12, 2017

By Peter Del Rosario

Hurricane Irma leaves behind flooding and destruction in Florida

Hurricane Irma bought widespread devastation to the southeastern-most U.S. state of Florida, from Key West to Tampa, on Sunday (September 10).

Sep 11, 2017

By Staff Reporter

Frasers Centrepoint expands overseas footprint, acquires 4 UK business park

Frasers Centrepoint acquired four business parks in the United Kingdom as it seeks to expand its overseas market.

Sep 11, 2017

By Peter Del Rosario

Trump delivers speech on tax reform

U.S. President Donald Trump said on Sept. 6 he would get into great detail about his tax reform plan in the next two weeks.Trump, during a visit to North Dakota, listed his broad principles for tax reform to include simplifying the U.S. tax code and providing tax relief to middle-class Americans.

Sep 7, 2017

By Staff Reporter

Private-led initiative unveiled to help Singapore startups gain international traction

Private-led Action Community for Entrepreneurship (ACE) has signed a deal with KPMG and has launched their international centre to help Singapore Government support local startups.

Sep 7, 2017

By Peter Del Rosario

Singapore: HDB resale prices record 0.1% uptick in August

SRX Property announced that the HDB units resale prices for the month of August recorded a 0.1% uptick as resale volume surged by 9.6%.

Sep 7, 2017

By Peter Del Rosario

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore's MTI eyes transforming wholesale trade industry to create more jobs

The Ministry of Trade and Industry (MTI) launched the Wholesale Trade Industry Transformation Map (ITM) to help build and establish a global marketplace and create jobs for the sector.

Sep 7, 2017

By Peter Del Rosario