THE Wholesale Trade Industry Transformation Map (ITM) kicked off on Wednesday, with strategies to build our own digital marketplaces, grow a vibrant ecosystem of wholesale traders in Singapore and build talent pipeline to support the transformation, among others. Four memoranda of understanding (MOUs) were signed on trade digitalisation project and programmes to build talent with […]
Read More[SINGAPORE] While Japan had the biggest slump in its workforce in Asia over the last 10 years, Singapore has the most to fear from an aging population over the next two decades. The city state will face a double whammy: a shrinking workforce and slower progress than Asian neighbors in getting more people into the labour market. According […]
Read MoreSINGAPORE – After years of a gradual shift to e-payments, talk has intensified over moving to a cashless society. Themes include the need to play catch up with some other countries, the way that cash is too easy to use here, and educating users and merchants about e-payments. However, merchants The Straits Times spoke to […]
Read MoreSingapore was the second-biggest Asian investor in offshore real estate in the first half, according to consultancy CBRE. Institutional investors, property and private equity firms here ploughed US$6.8 billion (S$9.2 billion) into global real estate in the six months to June 30, up 20 per cent from the US$5.6 billion invested in the same period […]
Read MoreSINGAPORE’S factory output in July far exceeded expectations by surging 21 per cent year on year, led mainly by strong output from the electronics and precision engineering clusters. Excluding biomedical manufacturing, output grew 24.9 per cent year on year, based on the latest data released by the Economic Development Board (EDB) on Friday. Private sector […]
Read More[KUALA LUMPUR] Any international bank that has an operating license in Malaysia could face legal action if it facilitates ringgit futures trading on the Singapore Stock Exchange and the Intercontinental Exchange, Malaysia’s central bank governor said on Friday. Bank Negara Malaysia (BNM) Governor Muhammad Ibrahim said any ringgit transaction in Singapore involving a Malaysian client […]
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