In Focus

Employees better not cry: 91% of Singapore companies won't lay off staff until Christmas

Less than a tenth of employers will be reducing their staff numbers in 4Q10, but the number is still higher than the comparative 4Q figure for China (2%) and Hong Kong (5%).

Employees better not cry: 91% of Singapore companies won't lay off staff until Christmas

Less than a tenth of employers will be reducing their staff numbers in 4Q10, but the number is still higher than the comparative 4Q figure for China (2%) and Hong Kong (5%).

Still no place like home: 70% of investors averse to expanding their portfolios abroad

Singapore and Hong Kong are the only Asian countries attractive to 30% of investors prepared to venture outside their local markets, a new survey revealed.

74% of Singaporeans happy with their current jobs, but would be happier if their paychecks are raised

Over three-quarters of employees in Singapore are content with their present employers-- with under two-fifths planning a job switch over the next 12 months— but they also expect a year-end salary increase.

The little nation that could: Singapore leaves big countries biting its dust

Singapore tops the World Bank’s list of countries with the most business-friendly regulations for the record fifth time as companies remain satisfied with the ease of conducting business in the country.

Hiring on hold: 70% of Singapore companies putting off recruitment until 2011

After receiving an influx of new employees in the first half of 2010, retaining top performers is now the priority of 60% of businesses for the remainder of the year.

The shopping spree continues: Only 1 in 10 Singaporeans feel the recession

Unwavering confidence in the economy prompts 51% of Singapore consumers to splurge on new clothes, gadgets and travel in the here and now as compared to the global average of 35%.

Mad as hell but we still take it: 57% of Singaporeans complain work/life balance unattainable

Employers believe employees’ better work/life balance translates to increased productivity and improved staff retention and loyalty.

Study shows Singaporeans more concerned about economy than climate change

Singapore scored low on its commitment to take action to reduce climate change with 28%, compared to the Asia Pacific average of 34%.

Suspected pirates board Singapore-registered vessel

The Liquefied Petroleum Gas vessel named YORK was said to be on its way to Seychelles when the suspected pirates boarded at approximately 90 nautical miles from Mombasa, Kenya.

Singapore investor sentiment rebounds 5% to 147

ING survey shows Singapore investors expect the property market to fall following “cooling” measures by the government.

Singapore Exchange lists Global Logistic Properties

GLP’s S$3.5bln IPO makes the company the 39th real estate company listed in SGX.

Affluent Singaporeans' spending on luxury items surges

Booming economy prompts significant jumps of ownership in designer clothing, jewellery, luxury watches and air travel.

Singapore's regulatory environment drives financial institutions to do business

94% of survey respondents believe Singapore's liberal investment regimes and regulatory frameworks encourage investors.

SPH reports record $1.38bln revenue

The group achieved $39.3mln investment income for FY 2010, a turnaround from $6.2mln loss for FY 2009.

Keppel seals S$341mln deal for UK energy-from-waste project

Runcorn plants to have capacity to treat 750,000 tonnes of waste yearly and generate 70MW electricity.

Changi Airports International starts consultancy for Brunei Airport upgrading

Changi Airports International (CAI), the international arm of Changi Airport Group, has commenced its consultancy work with the Brunei Economic Development Board (BEDB) for the upgrading and development of Brunei International Airport.

MCC Land sets The Canopy EC launching this weekend

Eco- friendly project is built in a comprehensive range of amenities and schools in Yishun.