THE dust-up between Singapore-based online shopping platform ezbuy.sg and the Alibaba Group’s Taobao marketplace has turned the spotlight to the role of intermediary merchants in e-commerce. Companies such as ezbuy – which purchase items on customers’ behalf and ship them here for a fee – took off by offering consumers a convenient way to shop […]
Read MoreTHERE are more job seekers in Singapore who have been unemployed for 25 weeks or more. This trend emerged even as the unemployment rate for Singaporeans declined slightly, according to the labour report for the third quarter of 2017. The long-term unemployment rate rose to 0.8 per cent in September, up from 0.7 per cent […]
Read MorePRIVATE sector economists are expecting Singapore’s 2017 full-year growth to come in at 3.3 per cent, up from an earlier 2.5 per cent forecast in September. Economists also expect growth next year to be steady even as it moderates slightly with an expansion of 3 per cent, according to the Monetary Authority of Singapore’s (MAS) […]
Read MoreRESALE prices of private condominiums in Singapore posted a 0.5 per cent increase in November 2017 from a month ago, SRX Property flash estimates showed on Tuesday. From a year ago, condo resale prices in November were 6.2 per cent higher, but were down by 2.4 per cent from the peak in January 2014. In […]
Read MoreSINGAPORE will host the upcoming annual Asean-EU Business Summit on March 2, 2018, and it will coincide with the Asean Economic Ministers’ meeting with the European Union (EU) trade commissioner, said the EU-Asean Business Council (EU-ABC), the European Chamber of Commerce in Singapore (EuroCham), and the Singapore Business Federation (SBF) in a joint release on […]
Read MoreRETAIL sales continued to decline in October, and just barely notched minute gains when motor vehicles were excluded. Total takings shrank 0.1 per cent in October compared to a year ago, according to latest data by the Singapore Department of Statistics. The slowdown was however more moderate compared to the 0.6 per cent decline registered […]
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