The Skills Framework for Hotel and Accommodation Services is the first skills framework to be launched under the national SkillsFuture initiative.
Chief executive Jim Hyatt describes the Asian market as a “real shining star” for the American fast food chain, which is planning to double the number of its restaurants worldwide to 1,000 over the next five years.
Flexible rental agreements for working spaces and a vibrant collaborative culture are some of the reasons why foreign businesses are filling up desks at some of the shared offices in Singapore.
Five memorandums of understanding (MOUs) were signed on Monday (Sep 19) between Chinese bank ICBC and Singapore firms, such as SGX, SBF and Surabaya Jurong.
Only a small proportion - 14.1 trillion rupiah, or about 12 per cent - of the assets held in Singapore has been repatriated, said Indonesia's Ministry of Finance.
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.