The 10 firms were fined a total of S$7.15 million for infringing section 34 of the Competition Act by collectively fixing certain fees and surcharges, and exchanging price and customer information.
The bank’s latest projection is down from its earlier forecast of 3.6 per cent, but slightly better than the expected 3 per cent growth for 2014.
More than 60 per cent also expect a hike in salaries next year, given the expectation of an improvement in Singapore's financial situation, according to recruiter Randstad.
Chang Cheow Teck, who was president of ST Marine from 2008 to 2010, was charged with three charges under Prevention of Corruption Act. Two former senior vice presidents were also charged, according to Singapore Technologies Engineering.
In response to reports quoting the Taiwan Stock Exchange saying it will start cross-trading with the Singapore and the Tokyo Stock exchanges next year, the Singapore Exchange said it is "always open to opportunities".
The internet-based investment products distribution platform's IPO is expected to raise S$49 million in gross proceeds, which iFast plans to use for expansion into China.
Scottish exports to Singapore were worth S$500 million in 2013 - double what they were worth five years ago. More Scottish companies are increasingly seeing Singapore as a hub to do business in other regional markets.
Channel NewsAsia spoke to experts to find out if annual competitiveness surveys are a genuine reflection of Singapore's global ranking for companies to do business.
The network company of Singapore's Nationwide Broadband Network has improved in providing fibre connection service to residential end-users, but still failed to meet the bar, says IDA.
The media fund will leverage on Singapore's legal framework and status as a financial hub to attract investors from and outside the region.