For the first time, Singapore has clinched top spot as the best place for meetings and businesses, beating global players such as Paris and Vienna. The Union of International Associations (UIA) Global Rankings also gave Singapore top billing as the number one Asian country for meetings, a position Singapore has held for the past 24 years. The Singapore Tourism Board said the country accounted for 22.5...
All Singapore
Singapore's economy will not boom over the next few years due to the global economic slowdown, but it will not go bust either. That's according to Swiss economist Marc Faber, who's also known as Dr. Doom after he accurately predicted earlier stock market crashes and other financial disasters. He was speaking at OCBC's Global Treasury Regional Economic and Business Forum on Friday. Marc Faber thinks that...
Chinese actor Jet Li and Australian pro golfer Adam Scott have both launched their own foundations in Singapore. They were at the Global Philanthropy Forum which is being held in Asia for the first time. The forum is a leading platform for promoting private philanthropy. Li said he made the move because he believes Singapore is emerging to be a leading centre for charity work. He also feels the country...
Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business, the World Bank said in a report Wednesday. The Asian city-state edged out New Zealand and the United States in the "Doing Business 2009" ranking by the World Bank. Filling out the list of the 10 easiest business environments was Hong Kong, Denmark, Britain, Ireland, Canada, Australia and...
Singapore's Meetings, Incentives, Conventions & Exhibitions (MICE) industry has remained resilient in the face of the current global downturn. Companies have seen as much as 60 per cent growth in sales in the past six months, driven by growing demand in Asia. And the local MICE sector is set to receive a further boost when the convention space at the integrated resorts comes on line. The industry...
Singapore will have an edge over Macau when the first of its integrated resorts is completed in 2009. This is because the Republic is already an established tourist destination, said gaming experts at the Asian Casinos Executive Summit on Tuesday. Integrated resorts with casinos are not just about gambling. They now include family-friendly attractions, business-focused trade shows, restaurants and...
Former UNSW Asia site next to business parkwill help new varsitybuild industry links WHEN Singapore’s fourth publicly-funded university goes fully operational in Changi in five years’ time, it should feature a Silicon Valley-type buzz. Plans are underway to use its permanent location next to Changi Business Park - home to high-tech enterprises and knowledge intensive facilities, as well as industry...
There are many superlatives attributed to Singapore and the city-state has been consistently ranked high for a number of reasons in reports from all over the world. Situated at the crossroads of international trade routes, Singapore is a top location for foreign investors, be they multinationals, part of Europe’s dynamic middle-market or technology start-ups. The on-going liberalisation of markets and...
Singapore is now the fifth most expensive city in Asia, according to Mercer Worldwide Cost of Living Survey. Singapore’s rise in rankings is partly due to the appreciation of the Singapore dollar against the US dollar. Other contributing factors include its high quality of living and continued strength as a regional hub. Tokyo is the costliest Asian city, followed by Seoul, Hong Kong and Osaka. In...
The World Trade Organisation (WTO) has praised Singapore for having one of the most open and competitive economies in the world. The accolade was contained in the ongoing trade policy review by both the WTO secretariat and members. The report on Singapore's economy policy, released on Monday, was prepared as part of the WTO's Trade Policy Review, of which Singapore is participating for the fifth time. It...