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Singapore voted cleanest Asian economy in PERC survey

Singapore has received the thumbs-up from expatriate businessmen in the region as the cleanest Asian economy. In a latest survey by the Political and Economic Risk Consultancy (PERC), both Singapore and Hong Kong retained their top spots of first and second, respectively. Over 1,400 expatriates were asked to rank 13 Asian economies between January and February this year. The 13 economies were China,...

Economists expect GDP to rise by 5.7% in Q1 2008

Singapore's economy will grow 5.7 percent in the first quarter from a year ago, picking up slightly from a 5.4 percent expansion in the fourth quarter, a central bank survey showed on Monday. However, growth in the full year will slow from last year’s pace of 7.7 percent to 5.6 percent, the Monetary Authority of Singapore's (MAS) quarterly survey of 19 economists showed. In a statement, MAS added that...

Survey finds Singapore the best place to live for asian expats

When it comes to work and play for Asian expats, Singapore is the number one choice. This is according to a recent survey by ECA International, a global human resources organisation. Singapore has maintained the top spot for ten years now but regionally, it is getting tough competition from Japan and even Hong Kong. The survey found that Singapore's infrastructure, low crime rate and lack of social and...

Survey ranks Singapore as best place to live for Asian expats

Singapore is the best city in the world for Asian expatriates to live in due mainly to its quality of life and low crime rate, a survey released Tuesday by ECA International showed. Sydney was rated second in the survey, with third spot shared by Melbourne and Kobe in Japan, the human resources firm said. Rounding out the top 10 list for Asian expatriates was Copenhagen in fifth spot, followed by Canberra...

Area around Singapore River to be revamped for F1 night race

The area around the Singapore River is getting a new look to give it a night-time buzz, and lighting will be a key feature in the makeover. The Read and Cavenagh bridges will be fitted with programmable lights that produce different colours and patterns. There will also be lights under the Clemenceau, Coleman and Elgin bridges. Even the underpasses at Boat Quay, Empress Place and Clarke Quay will be...

Blueprint on sustainable development to be launched in 2009

Singapore's development into a vibrant and distinctive city will be done in a sustainable way. And the newly-formed Inter-Ministerial Committee on Sustainable Development will be launching its blueprint on this next year. National Development Minister Mah Bow Tan said this will provide a comprehensive road map of initiatives and measures to sustain Singapore's development for the next 10 years and...

DPM Wong Kan Seng says Singapore attracting more new PRs, citizens

Singapore has been increasingly attracting new citizens and permanent residents (PRs), who help sustain the country's economic growth. Deputy Prime Minister Wong Kan Seng said local Singaporeans alone are still not sufficient to meet the manpower demands here. He revealed the latest immigration statistics during the debate on the Prime Minister's Office budget on Wednesday. According to the figures,...

New *scape building to be ready in Orchard by end of 2009

Youths will have a new place to hang out in the heart of the city by the end of next year. The *scape building being built next to Cathay Cineleisure Orchard will be a place where Singapore youths can express themselves. Minister of Community Development, Youth and Sports, Dr Vivian Balakrishnan, said the building will also be involved in the Youth Olympic Games in 2010. Dancing, sports and music are...

Singapore ecstatic at winning Youth Olympics bid

Singapore erupted in celebration on Thursday after winning the right to host the inaugural Youth Olympics in 2010, with Prime Minister Lee Hsien Loong calling it a new era for Southeast Asian sport. The International Olympic Committee (IOC) awarded the Games to the city-state ahead of Moscow by a vote of 53 to 44. It will be the first time that Singapore is hosting a multi-disciplinary sporting event of...

Singapore still competitive compared to HK despite higher personal taxes

Singapore remains competitive in attracting key top talent despite the government's decision to keep personal income tax rates unchanged, according to tax experts. However, they say Singapore may be losing ground on the non-tax advantages it has been banking on, such as housing and education. The persistent air pollution in Hong Kong has sent expatriates to Singapore's shores. That is despite Hong Kong...

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