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It's a looming disaster for the Lion City, as Fitch Ratings warns it could have its GDP cut by 4.1% from 2011-2013.

Industrial production output may have grown by 9.4% in July.

The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.

DBS bank and Standard Chartered will be the joint managers and underwriters for the rights issue.

Mr Hawazi Daipi, Senior Parliamentary Secretary for Manpower and Education, said employers facing manpower shortages could consider this.

After all, he will still serve as Chairman of Apple, Inc., and will still have a role in the company.

Standard & Poor's estimates that the amount averages about US$34 billion per year between 2012 and 2014.

And it cost them a whopping $4 million over the past 12 months.

The soccer club was attracted to the promise of having its IPO approved in just four weeks.

Singapore Airlines didn't even make it into the top 4 of the most searched for airline brands in Singapore, according to a sample of 50,000 searches by wego.com.

With transport costs rising by 11.5% in July, inflation accelerated to the fastest pace since January.

HSBC says the unexpected rise was driven by costlier housing, transport and food.

Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.

The dividends are backed by higher free cash flow to equity of 6-8% except for StarHub.

Container shipping volumes went up but average revenue per Forty-foot Equivalent Unit dropped 17%.

Australia’s biggest airline is setting up an Asian unit with cabins “better than the A380s” to snatch passengers up from Singapore’s flag carrier.