As Singapore retains its title as the world’s second freest economy, its reputation as one of the world’s most flexible labour markets is also gaining ground. Going by the latest data from a United States think-tank, on matters of labour freedom, the Republic scores 98.1 — trumping even Hong Kong, the world’s reigning freest economy. According to The Heritage Foundation, flexible rules mean "the...
All Singapore
The Republic is 12th most expensive city in Asia WITH inflation and fluctuating exchange rates, Singapore has leapt 27 places up the global rankings of the world’s most expensive cities to live in. The consolation for the Republic is, its regional rivals have seen costs balloon far more astronomically. Even as it jumped up to 95th place worldwide, Singapore’s Asian ranking rose just one notch up to...
Singapore is the 12th most expensive city in Asia, according to a global survey on cost of living by international human resource company ECA International. The country jumped 27 places, and is one of Asia's biggest movers. Hong Kong was ranked 6th, while Tokyo took the top spot. For the first time, Beijing overtook Hong Kong as the most expensive Chinese city. The survey noted that the cost of living...
The United Nations (UN) gave Singapore top marks in its latest report on the state of the world's cities, and has said it is keen to deepen its collaboration with Singapore as a knowledge hub. The UN also called on cities to take on pro-growth policies that support the poor and strengthen infrastructure. It said all these can make a difference when it comes to sustainable living. The UN said people's...
Singapore is set to keep its position as the world’s top bunkering port, with the Maritime and Port Authority of Singapore (MPA) forecasting a record full-year sales volume of 33 to 35 million tonnes this year. According to Transport Minister Raymond Lim, a total of 26.4 million tonnes of bunkers were lifted between January and September 2008, an increase of 12 percent compared to the same period in...
Singapore's population hit 4.84 million in June this year, marking a 5.5 per cent increase from a year before. The figure is buoyed by an increasing number of foreigners in the country, boosted by strong economic growth over the past few years. The number of non-residents grew by 19 per cent, while the resident population went up by a mere one per cent. The National Population Secretariat said foreigners...
Singapore is one of the top locations in the world for new small and medium enterprises (SMEs) looking for financing. This is according to a new study by MasterCard Worldwide. The study shows that Tokyo and Singapore are ranked in the top four out of 53 leading global cities in the potential size of its SME financing market. Tokyo is second while Singapore is ranked fourth. In the Asia Pacific, Middle...
Privately held firms have voted Singapore as the country with the least burdening taxes in the world, according to a business survey by accounting and consulting group Grant Thornton International. The survey found that 40 per cent of all privately held businesses in Singapore feel that there are no burdening taxes in the country. According to Grant Thornton, this shows companies here are maintaining a...
Denmark, Sweden and New Zealand share the honour of being the world's least corrupt countries, ahead of Singapore in fourth position and Finland and Switzerland in joint fifth, an international watchdog group said in its annual survey. Somalia is perceived as the world's most corrupt country followed closely by Myanmar, Iraq and Haiti, according to Transparency International's (TI) annual Corruption...
Singapore's first private aviation show at Seletar Airport, which will be held next week, is targeted at ultra high net worth individuals, with over US$30 million in liquid assets. 200 tycoons and business leaders mostly from Indonesia, Malaysia and Singapore will be in town for the MillionaireAsia Private Aviation Show and the Formula One Grand Prix as well. Singapore has one of the fastest rates of...