Slower increase for private sector wages in 2014
SINGAPORE - Employers continued to give wage increases amid the tight labour market in 2014, the Ministry of Manpower said on Thursday.Total wages, including employer CPF contributions, in the private...
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What's hurting casino operator Genting Singapore
Somesh Agarwal, senior analyst at Macquarie Securities Group, attributes his poor outlook for Genting Singapore in the medium term to factors such as bad VIP gambling debts.Here's the full transcript...
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Private sector wages up as inflation eases
SALARIES in the private sector grew by 4.9 per cent last year, down from 5.3 per cent the previous year, amid slower economic growth.Real salaries rose by 3.9 per cent, up from 2.9 per cent in 2013 -...
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Singapore to boost Islamic finance regime
With cross-border Islamic finance set to grow further, Singapore's central bank will continue to strengthen its Islamic finance regime and capabilities, said Jacqueline Loh, deputy managing director of...
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Three parties eyeing Aston Martin dealership
Three "strong" suitors are said to be wooing the Aston Martin brand here, in the ongoing shake-up of the super-luxury market as loan curbs and a progressive tax structure continue to exact their toll...
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George Yeo calls for nimble adaptation to changing economic circumstances
Entrepreneurs are the ones who sense the changes on the ground, assess the risk and then act on them, and governments must enable such adjustments to changing economic circumstances, so countries can...
View ArticleColourful Australian businessman Alan Bond dies
SYDNEY Â - Alan Bond, the high-flying Australian America's Cup hero turned convicted fraudster, died on Friday aged 77 following complications from open heart surgery.His children John, Craig and Jody...
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Singapore factory activity showing signs of recovery
It has been a long time coming, but the manufacturing sector is finally showing signs of recovery.A key indicator showed that activity increased last month - the first time it has done so this year.The...
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Jazz up your home
The leading retailer of furniture, electrical and IT products Courts Singapore recently launched a new collection of living room furniture in collaboration with world-renowned British interior designer...
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Car dealer told to honour warranty despite dispute
A car dealer which disputed a warranty claim by a customer as "wear and tear" has been ordered to honour it anyway.SG Vehicles, a parallel importer of popular European and Japanese cars, sold a...
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Pricing power boosts Japan's big developers
More than two years into Abenomics, Japan's prime property developers may finally be about to reap its benefits.Since Prime Minister Shinzo Abe rolled out his ambitious stimulus programme, office...
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Emerging Asia's white-collar workers cool on compliance
TOKYO - Don't be surprised to see more corporate scandals emerging in Asia in the coming years.A new Nikkei Research survey shows that 66 per cent of Indian white-collar workers, 53 per cent of those...
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2015 'probably best year ever' to start a covered bond market
With plenty of demand from European asset managers and European central banks, and limited supply, 2015 is "probably the best year ever" for a new covered bond market to start, said Ralf Grossmann,...
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Why are Singaporeans who are heavily in debt refusing to seek help?
Beneath Singapore's glittery facade, many citizens secretly struggle with debt. Household debt levels are rising to the point where the authorities are sitting up and taking notice.MAS has rolled out...
View ArticleMalaysian SMEs urged to seek Govt aid
KUALA LUMPUR: The RM50mil (S$18 million) fund is not the only loan available to small and medium enterprises (SMEs), says Minister in the Prime Minister's Department Datuk Dr Wee Ka Siong."Many...
View ArticleChina market regulator fights talent flight into private sector
While China's securities regulator is pushing market-driven reforms to reduce administrative intervention in the capital market, an unexpected side effect of that effort is that the once-powerful and...
View ArticleGender balance remains elusive
Although progress has been made, equality between male and female professionals remains a critical issue in China. According to a survey released by global recruitment specialist group Hays on Tuesday,...
View ArticleForeign investors dump shares, remit gains out of Taiwan
TAIPEI, Taiwan -- Foreign investors have sold more shares than they bought before promptly remitting the gains out of the country in the past week, the central bank said yesterday.According to Harry...
View ArticleInflation in Philippines falls to 20-year low
Inflation slowed sharply in May to its weakest pace on record due to cheap fuel and the relative stability in the country's food supply, government documents released Friday showed.The Bangko Sentral...
View ArticleClothing likely to remain top export: HSBC
HCM CITY - Clothing and apparel is expected to remain the country's top export item in the foreseeable future, contributing almost 20 per cent of the projected growth in total merchandise exports in...
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