Economy

AI tech to boost Singapore's annual economic growth to 5.4% in 2035

The city-state is even ahead of the largest economies in the globe including the United States, Germany, United Kingdom and Japan.

Jul 22, 2017

By Kiersnerr Gerwin Tacadena

Anthony Scaramucci is Donald Trumps new White House communications director

Wall Street financier Anthony Scaramucci is the new White House communications director. The position has been empty since the resignation of Mike Dubke in May. Scaramucci is a longtime supporter and major donor of Trump, and was a member on his transition team during the 2016 election. Known to his friends as Mooch, Scaramucci has made multiple TV appearances defending Trump during the election, after raising funds for Scott Walker and Jeb Bush during the primaries. Prior to joining Trumps team, Scaramucci was a hedge fund manager, and a longtime Republican party fundraiser. He was a self-proclaimed top fundraiser for Mitt Romney in 2012.

Jul 22, 2017

By Staff Reporter

Incredible air traffic video reveals UKs busy skies

U.K. air traffic controllers expect to handle more than 8,800 flights today (21 July) – the busiest day on record for UK airspace. This graphic animation shows the volume of air traffic over the U.K. in a 24 hour period on June 06, 2017.

Jul 22, 2017

By Staff Reporter

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore Telco: M1's half-year net profit slumps 17.6% to S$68.8m

M1's mobile telecommunications and international call services clocked in a revenue of S$345 million in the first half of the year.

Jul 19, 2017

By Kiersnerr Gerwin Tacadena

Jane Austen 200: New two pound coin marks anniversary of writers death

The designer of the Jane Austen £2 coin, Dominique Evans, speaks about how the new coin came about.

Jul 18, 2017

By Staff Reporter

MTI, STB seek feedback on amendments for travel agents law

Singapore least in productivity? No, it's caught in 'future shock'

Respondents in Singapore spend the least time on their core duties at 60 per cent, compared with a poll average of 72 per cent.

Jul 15, 2017

By Nagesh Narayana

Singapore economy grows 2.5% on back of robust manufacturing

According to HSBC economist Joseph Incalcaterra, Singapore remains bullish in this sector given the assumption of a strong rebound in industrial production (IP).

Jul 14, 2017

By Kiersnerr Gerwin Tacadena

Singapore among countries with most advanced digital economy

The study which reveals Singapore's position in the list of countries with the advanced digital economy has been done by Fletcher School at Tufts University and Mastercard.

Jul 13, 2017

By Kiersnerr Gerwin Tacadena

Singapore to launch blockchain technology for interbank payments

Singapore's central bank seals fintech deal with Thailand

The agreement eyes developing a richer financial ecosystem in the two countries as part of the bigger ASEAN region.

Jul 12, 2017

By Kiersnerr Gerwin Tacadena

Singapore: Sales of new private homes rises in July

Singapore: Resale price of HDB units dips 0.1% as cost of resold condos ticks 0.9% up

On a yearly basis, prices have decreased by 0.2 percent from last year.

Jul 12, 2017

By Kiersnerr Gerwin Tacadena

1MDB case: Singapore banker admits to money laundering

Yeo Jiawei was sentenced to 54 months in jail by a Singapore state court.

Jul 12, 2017

By Aastha Agnihotri

Five things you need to know about Trump and Putin's first meet

Despite the meeting extending for more than its allotted time, many analysts were disappointed by its lack of relevance.

Jul 10, 2017

By Aastha Agnihotri

Us presidential election

Horrifying video shows how cancer spreads through the body of mice

Scientists in Japan have developed a technique that allows them to watch cancer spread around the body of mice. Understanding how and why this happens is important to finding ways to stop the spread, and could be used to look at the pathways of other diseases.

Jul 6, 2017

By Staff Reporter

Welcome to Hell: 1,000 zombies protest on the streets of Hamburg, Germany

A thousand zombies staged a performance protest in Hamburg on July 5, ahead of the G20 summit, to highlight what they feel the summit should be focused on. The 1000 Gestalten activist group gathered 1,000 people for the silent, eerie protest.The group dressed the zombies in grey from head to toe and for several days ahead of the beginning of the G20 summit, on July 7, the protesters have been popping up in small groups across the city. Their performance piece culminated in a large gathering on July 5, when organizers said 1,000 of them walked slowly through the city. The group says they have staged the protest because they want the G20 to stand for a more open, egalitarian society, rather than power in the hands of the few.

Jul 6, 2017

By Staff Reporter

Hanoi bans motorcycles, even though half of all Vietnamese own one

Hanoi approved a plan to ban motorcycles from its streets by 2030 in an attempt to reduce traffic jams and pollution, the citys People Committee said on its website.

Jul 6, 2017

By Staff Reporter