Singapore has attracted high-tech manufacturers with incentives and a well-educated workforce but growing demands for highly skilled labour and government moves to curb numbers of foreign workers may mean a tougher path ahead. The city-state is a major producer of products ranging from aircraft engines to medical equipment and oil rigs, and top firms such […]
Read MoreSINGAPORE: Singapore‘s central bank said it is studying whether to allow financial technology firms to operate digital-only banks in the city-state, as regulators in other Asian markets begin issuing virtual banking licences. Singapore is among several financial centres in the region, such as Hong Kong, Seoul and Tokyo, pushing to become a fintech hotspot. Measures in recent years include state funding, […]
Read MoreSingapore employees are optimistic about the new opportunities workplace automation will bring, although they remain apprehensive about having to change the way they do their jobs. According to a ServiceNow report that gathered insights into workers’ attitudes and experiences with workplace automation across 12 countries, Singapore employees are excited about the opportunities that come with workplace automation, believing that automation […]
Read MoreUNITED Overseas Bank is the second Singapore lender to feel the sting of last year’s property cooling measures. While UOB posted a rise in its overall mortgage book, the bank said it came from its regional markets. UOB reported higher net profit for its first quarter of 2019, up 8 per cent to S$1.05 billion, […]
Read MoreTuesday (April 30) might be National Bubble Tea Day – but you can be sure that lovers of the addictive drink are indulging way, way more than just once a year. Data shared with Business Insider from GrabFood – the food delivery arm of Southeast Asian (SEA) decacorn Grab – revealed that last year, people in the region ordered […]
Read MoreSingapore is well on its way to becoming a zero-waste nation. Announced by Nee Soon’s group representation constituency (GRC) member of Parliament (MP) Louis Ng, Nee Soon East is the first district in Singapore to launch a zero-waste masterplan aimed at stopping the use of plastics and single-use items. Ng said in his Facebook post […]
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