Singapore

While Singapore employees can expect a salary increase by 4% next year, a predicted 2.4% inflation rate will pull down the actual wage increase to just 1.6%.

IEEE is collaborating with A*STAR and the Singapore Economic Development Board to enhance Singapore’s position as a global business center.

New index enables investors to view the expected dividends of its constituents and to create fresh investment opportunities.

The eco-development is expected to yield 5,000 homes and commercial developments with a total gross floor area of 680,000 sm.

Job placements in Singapore rose by 5.2% in Q310 compared to Q2 but shortage in talent across various fields are driving companies to look for employees overseas.

Unwavering confidence in the economy prompts 51% of Singapore consumers to splurge on new clothes, gadgets and travel in the here and now as compared to the global average of 35%.

Despite an unemployment rate of 2.1% in 3Q10, the services sector was able to generate a total of 24,100 new jobs as compared to a loss of about 400 jobs in the manufacturing sector.

Recent changes in the Australian market and differences in legal and regulatory regimes between Australia and Singapore pose execution challenges for the two exchange companies.

OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.

SIA’s operations to Narita and Haneda airports bring in a total of 47 weekly flights to and from Japan.

Higher development profits and divestment gains drove almost four-fold growth.

The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.

The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.

Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from depression, anxiety and cancer.

A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their rapid economic growth.

Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age to 68, like Finland.