Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, three banking sources told Reuters.
Speaking at the Milken Institute Asia Summit, Monetary Authority of Singapore (MAS) Managing Director, Ravi Menon, suggested that these uncertainties are caused by lower confidence in future growth prospects and structural shifts in global supply chains.
The new Retail Industry Transformation Map aims to improve productivity to address headwinds, such as fewer business travellers and consumer shifts from brick-and-mortar to e-commerce.
The total retail sales value in July was estimated at S$3.7 billion, higher than the estimated S$3.6 billion last year.
The Singapore-style industrial parks across the length of Vietnam have captured US$9 billion worth of investments and created jobs for more than 170,000 workers.
Co-founder and CEO Joel Sng told Channel NewsAsia that the move to roll out its laundry services is a “natural extension” that will tie in “nicely” with its existing grocery delivery business.
From online advertising strategies to constructing delivery routes and menus, the food and beverage industry is showing an increasing appetite for big data and is fast tapping on it to win over customers.
Singapore Airlines Ltd said on Wednesday it will not extend the lease on its first Airbus A380 jet when it expires next year, a significant blow for Airbus, as it seeks to bolster new sales of the world's largest airliner.
The changes to the Consumer Protection (Fair Trading) Act (CPFTA) include giving SPRING Singapore investigative and enforcement powers to take action against recalcitrant retailers.
With the rapid growth of newer ride-booking services, there may be room for adjustments to be made to the taxi availability standards, says Senior Minister of State for Transport Ng Chee Meng.