Nearly two-thirds of local businesses felt that Singapore's economic climate has declined in 2016 and nearly half of the companies polled expect the situation to deteriorate in 2017.
For 2017, a double whammy of the US dollar's strength and ongoing woes in the domestic economy could take the Sing dollar down to levels last seen during the global financial crisis, analysts say.
The Finance Ministry and the Accounting and Corporate Regulatory Authority are inviting the public to provide feedback on proposed changes to the Companies Act, Limited Liability Partnerships Act and Accountants Act.
GIC has announced its intention to jointly acquire a 10 per cent stake with Chinese companies NavInfo and Tencent to invest in open platform company HERE.
Manufacturing output in November jumped 11.9 per cent from a year earlier, data from the Singapore Economic Development Board showed.
DFS Group has also been awarded the master contract to operate seven stores at the two terminals from April next year, the Singapore Cruise Centre says.
The company was chosen to design, build, own and operate Singapore's fourth desalination plant after an open tender that attracted 16 bids from seven local and international bidders.
The European Commission and Singapore completed negotiations on a trade deal in October 2014 but it is still waiting for approval from EU governments and the European Parliament.
This is the largest fine ever meted out by the court for such an offence, according to the Council for Estate Agencies.
The acquisition of the 49 per cent stake from Cabcharge Australia will be financed by a combination of internal funds and bank loans, says ComfortDelGro.