Economy

singapore not to withdra foreign worker levy

Singapore ranked world's most expensive city for 4th straight year: EIU survey

Singapore has emerged as the world's most expensive city to live in for the fourth consecutive year, narrowly edging past its rivals, a report by the Economist Intelligence Unit (EIU) showed on Monday.

Nov 6, 2017

By Aastha Agnihotri

Singapore boosts investments in artificial intelligence to drive growth

Singapore will launch a series of artificial intelligence (AI) initiatives to drive the adoption of frontier technologies for the desired economic impetus, the city-state's communications minister said on Friday.

Nov 3, 2017

By Aastha Agnihotri

Artificial intelligence

Singapore police looking into Goldman's role in 1MDB scandal: report

Singapore police is examining Goldman Sachs Group Inc.'s relationship with the Malaysian state investment fund at the center of global money laundering probes, Bloomberg reported on Friday.

Nov 3, 2017

By Aastha Agnihotri

All about Jerome Powell: The richest new U.S. Fed Governor

U.S. President Donald Trump on Thursday announced Federal Reserve board member Jerome Powell as his nominee for the next chair of the Federal Reserve.

Nov 3, 2017

By Aastha Agnihotri

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

Singapore plans to create 4,000 jobs in financial sector. Here's how

Singapore unveiled a plan to create more financial sector jobs as it aims to strengthen its status as a financial hub in Asia.

Oct 30, 2017

By Aastha Agnihotri

Singapore: Sales of new private homes rises in July

Singapore quarterly private home prices gain for first time since 2013

Singapore's private residential prices gained 0.7 percent in the third quarter, rising for the first time in nearly four years, government data showed on Friday.

Oct 27, 2017

By Aastha Agnihotri

Why Singapore needs to be vigilant for possible inflation pickup

Monetary Authority of Singapore Managing Director Ravi Menon said policymakers need to be proactive in these times as stronger economic growth may lead to an inflation pickup.

Oct 25, 2017

By Peter Del Rosario

Singapore has world's 2nd most 'powerful' passport: 2017 Index

Singapore passport 'most powerful' in the world

Singapore now boasts of the most powerful passport in the world, thanks to Paraguay.

Oct 25, 2017

By Aastha Agnihotri

Hard disks are pictured inside a server room at a company in Bangkok

Blockchain is capable of creating new cyber security model: R&D firm

The coming year is considered very significant for companies as they adopt Blockchain, the software behind digital currency Bitcoin, to harness its immense potential in the sector of business, money, and society.

Oct 24, 2017

By Adrita Biswas

Artificial intelligence

Visitors stand in front of the exhibition stand of Swiss watch manufacturer Patek Philippe

Export of Swiss watches to Singapore surges 90% in Sept

Luxury timepieces sold like hot cakes in Singapore last month as Swiss exports surged 90 percent to the city-state.

Oct 24, 2017

By Aastha Agnihotri

Singapore launches shuttle bus service between Changi Airport, Tanah Merah Ferry Terminal

Singapore to limit number of cars from February 2018

Singapore will stop increasing the number of vehicle on its road starting next year as it tries to tackle growing land constraints.

Oct 24, 2017

By Aastha Agnihotri

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

By Staff Reporter

Singapore: Open electricity market for households, businesses in Jurong

As per reports from the Energy Market Authority (EMA) in a media release to Channel NewsAsia on Friday, October 20, the Open Electricity Market is set to provide consumers with different choices thus making the course flexible.

Oct 20, 2017

By Sanchalita Mullick

SGX cuts ribbon of its new Chicago office

Singapore Exchange (SGX) has opened its SGX America office in Chicago to better serve investors in the North American Region.

Oct 18, 2017

By Peter Del Rosario

Weak global inflation trends affect Singapore expectations

According to Singapore Management University, Singaporeans inflation expectation has moderated in the month of September as global markets face persistently low inflation despite accommodative monetary policies and significant policy uncertainty such as increasing protectionism.

Oct 17, 2017

By Kiersnerr Gerwin Tacadena