The hotel, nightspot and retail industries are celebrating the news of Singapore hosting the F1 race next year. It is believed the tourism industry will be making more than S$100 million from the race. Many are expecting lots of fast action off the track when F1 comes to town. During the race season, it is parties galore - practically by every team and their sponsors. Big names in entertainment are...
All Singapore
The Government plans to award an estimated $3.2 billion worth of projects over the next 12 months, the Ministry of Finance said on Friday. The figure, which is the lowest in three years, is less than half of last year’s $7.5 billion and about a-third less than the $4.7 billion projected in 2005. Today understands that the latest estimate is culled from the various public-sector agencies’ projections...
Prime Minister Lee Hsien Loong has said Singapore's economy is expected to grow annually at around 5 per cent or maybe more over the next five years. Speaking to The Wall Street Journal, he said the growth forecast for this year is 4.5% to 6.5%. Mr Lee also saw the next three to four years as good growth years. On balance, he said, unless there is a disaster, Singapore will be doing OK. Mr Lee added...
Singapore as a garden city, a water city and a place where the East meets West. These are three areas which a leading academic believes will give the Singapore national brand global recognition. Professor Kishore Mahbubani, Dean of the Lee Kuan Yew School of Public Policy made these points at a lecture organised by the Singapore Chinese Chamber of Commerce and Industry (SCCCI) on Wednesday. Singapore...
Singapore has topped a list of 11 global cities as the place most conducive for doing business. This was according to a recent study by PricewaterhouseCoopers and the Partnership for New York City. Out of a total of nine indicators used for assessment, Singapore scored well in three of them which were demographic advantages, safety and security, and ease of doing business. The other six indicators were...
Expatriates have voted Singapore as the best place to live in the world. Singapore was rated tops for its excellent infrastructure and facilities. Its cosmopolitan make-up, low crime rate, socio-political stability and favourable climate also make the country a very favourable location for foreigners. The Location Ranking Survey, which was conducted by ECA International, compares living standards in...
Singapore is a viable investment option with room for creativity to flourish, according to world-renowned architect Daniel Libeskind. He said this to Channel NewsAsia on the sidelines of the MIPIM real estate fair in Cannes. Mr Libeskind, the brainchild behind the "Reflections at Keppel Bay" project, said he was prepared to explore new projects in Singapore. One of the pull factors was the positive...
Singapore’s drains, canals and reservoirs will undergo transformations into more user-friendly streams, rivers and lakes by 2009, according to national water agency PUB. The public can get a peek into the long-term plans at an exhibition next week. The Active, Beautiful, Clean (ABC) Waters programme is intended to bring people closer to water through improved waterfronts and recreation areas as well...
From Bulgaria to Tonga, they’re buying property here as foreigners find S’pore an attractive place to call home; markets are smiling... Five years ago, “For Sale” signs lined the lonely stretch of bungalows along Berwick Drive. Even for a steal of a price, the suburban Serangoon Gardens area saw few takers. The economy, shaken by the terror attack in New York, hadn’t yet stepped out of the...
Retailers must re-look their marketing strategies and woo more international brands or risk being sidelined. That was the assessment by industry watchers, on the back of the impending 2 percentage point hike in the goods and services tax, and they also say that the possible tweak in the employer's CPF contribution and rising rentals could further cut profit margins. Shoppers are expected to cut spending...