Foreign banks given green light to return to Myanmar
In a bid to increase foreign investment and accelerate the drive to liberalise its banking sector, the Central Bank of Myanmar yesterday announced that nine foreign lenders had been given licences to...
View ArticleBritish and European expats find Singapore too expensive: Survey
British and European expatriates in Singapore are finding the rising costs of living here impacting their saving habits and priorities, according to a survey.This despite 80 per cent of survey...
View ArticleSamsung Elec profit seen bottoming in Q3 ahead of slow recovery
SEOUL - Samsung Electronics Co Ltd's profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to...
View ArticlePersonality stamp
Who: A couple in their early 30s Home: Four-room HDB flat in Queen's Road Size: 970sqfBy removing the kitchen wall, the space's industrial aesthetics - concrete-lookalike cabinets and the steel I-beam...
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Personality stamp
Who: A couple in their early 30sHome: Four-room HDB flat in Queen's RoadSize: 970sqfBy removing the kitchen wall, the space's industrial aesthetics - concrete-lookalike cabinets and the steel I-beam...
View ArticleMOE is top public-sector employer of choice for fresh graduates: Survey
SINGAPORE - The Ministry of Education (MOE) is the place to work at for fresh graduates and undergraduates, according to the latest survey by JobsCentral.The Employers of Choice survey results,...
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Buy first or sell first?
Should you sell your property first, then shop for your next one? Or secure your new home before marketing your current place? Home-sellers and real-estate experts weigh in.The current property market...
View ArticleRe-employment age for public servants extended to 67
SINGAPORE - From Jan 1 next year, eligible public servants can be re-employed after they turn 65, up to the age of 67.This move will benefit some 800 public officers turning 65 years old next year.The...
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Heartland shops go digital for growth
Poor business coupled with high manpower and rental costs forced Suzie Tan and her husband to close the shutters of their Hougang Housing Board shop for good in 2011.But the couple's 60-year-old family...
View ArticleEx-Googler leads Softbank invasion of Hollywood
Softbank Corp's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry - the Japanese telecommunications company and Nikesh Arora,...
View ArticleSingapore's Caprice believed to have bought 25m Pelikan shares
PETALING JAYA - Caprice Capital International Ltd, helmed by savvy investor Paul Poh, is the buyer of a block of 25 million shares in Pelikan International Corp Bhd that was transacted in an off-market...
View ArticleMalaysia on target to trim fiscal deficit
PETALING JAYA - The Government could potentially save up to RM10 billion (S$3.9 billion) next year if the current downtrend in global oil prices continues and the recent reduction in the fuel subsidy...
View ArticleGM to sink S$18b into China over 5 years
General Motors is to invest US$14 billion (S$18 billion) in China over the next five years and open five new manufacturing plants to increase annual sales in the world's largest car market to nearly 5...
View ArticleBatam workers urge minimum wages rise by 50 per cent
Workers united under the Batam chapter of the Indonesian Metal Workers Federation (FSPMI) demanded that the minimum wage be increased by 50 per cent from the current wage rate in 2015 during a protest...
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Public service takes lead in raising rehiring age to 67
SINGAPORE'S largest employer, the Public Service Division (PSD), is throwing its weight behind the national push to eventually raise the re-employment age to 67.From Jan 1 next year, eligible public...
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More incentives for first movers on higher rehiring age
THE Government has accepted the recommendations of the Tripartite Committee on Employability of Older Workers to raise the age ceiling for the re-employment of older workers to 67 from 65. This will...
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Sept factory output up on Christmas orders
SINGAPORE'S factory output likely expanded last month, as manufacturers here started gearing up for an expected jump in demand ahead of the festive season.An early indicator of manufacturing activity...
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