Singapore’s design and creative industry has received a boost with the introduction of a new tax incentive scheme.
For 2010, Singapore has been ranked as the world’s most competitive economy and economy most open to trade; Singapore incorporated companies will benefit from the nation’s efficient and trade friendly policies.
The Ministry of Trade and Industry (MTI), after the first quarter economic review has reported that the Singapore economy expanded by 15.5 per cent on a year-on-year basis in the first quarter of 2010.
In a bid to achieve self-sufficiency in water, Singapore opened its fifth and reportedly biggest NEWater plant, a large-scale water recycling facility earlier this month. This has led to business opportunities for various companies.
The Lausanne-based Institute for Management development (IMD) has just released its 2010 edition of the World Competitiveness Yearbook. According to IMD, Singapore is now the world’s most competitive nation, with Hong Kong taking the second spot. Both countries have now surpassed the U.S. for the first time in decades, knocking it into third place [...]
The Singapore FreePort, a free-trade zone dedicated to the storage of high-value art and collectibles, is a giant step towards developing Singapore into an art trading hub.
May 10, 2010: Asian stock markets were up significantly on Monday after the European nations and the IMF announced its “shock and awe” economic package. Collectively, the package amounts to 750 billion Euros in committments to help provide funds for the weaker Euro zone nations. In addition, the US Fed has opened swap lines [...]
SINGAPORE, May 9 — World’s champion eater Joey Chestnut added another record to his career when he beat world No. 2 Takeru Kobayashi in a shrimp wonton eating competition in Singapore on Sunday. Chestnut, 25, a construction engineer from the United States, managed to eat an astounding 385 shrimp wontons in eight minutes. He [...]
Las Vegas Sands Corp. Chairman and Chief Executive Officer Sheldon Adelson has raised the company’s forecast for the Singapore casino’s contribution to annual earnings before interest, tax, depreciation and amortization. Adelson, speaking at the opening of the Marina Bay Sands project in Singapore on April 27, 2010, said the contribution to Ebitda would exceed an [...]
SINGAPORE –The Singapore dollar recovered in late Asia trade Friday against the U.S. dollar, which has gained against major world currencies this week on a flight to safety prompted by the sovereign debt troubles in Europe. The greenback was trading at S$1.3990 in the closing hours of the Asian session after touching S$1.4104 in [...]
