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27 Aug 2009
• Koda narrows Q4 loss to US$82,000 from US$0.5m a year ago
• Positive figures may not indicate economic recovery for Singapore


26 Aug 2009
• Hari Raya Charity Fund receives S$24,000 so far
• Singapore must make structural changes to bring about recovery
• Survey shows S'pore firms put environmental issues on back burner
• Singapore, Netherlands sign agreement to exchange tax information


25 Aug 2009
• Analysts say Temasek Holdings update of charter timely
• Visitor arrivals to Singapore fall at slower pace in July
• Singapore's visitor numbers fell at slower pace in July
• Moody's says Singapore banks' rating outlook remains negative
• Singapore consumers growing more confident of economic recovery


24 Aug 2009
• Singapore, UK sign taxation agreement
• Financial transactions growth in Asia points to wider economic recovery


23 Aug 2009
• Property gains tax proposed because of earlier feedback


22 Aug 2009
• Smaller crowd at this year's Ramadan bazaar


21 Aug 2009
• Issue of race and religion dominated discussions at Youth Forum
• Singapore's wholesale trade rebounded in second quarter 2009
• Singapore seeks to be aerospace leader in Asia


20 Aug 2009
• Jetstar Asia expands fleet and routes to keep up with competition
• The World's Most Powerful Women
• MAS calls for review of insurance agents' commission structure
• MOF to implement new procurement training framework
• Race, religion garner biggest public response on REACH


19 Aug 2009
• Hyflux signs MOU to collaborate on global water projects with Japanese firms
• Vigorous debate on nation-building tenets
• ACRA identifies key performance gaps, systemic threats to audit quality
• Jetstar to increase capacity in Singapore
• Tharman says Temasek CEO should ideally be a Singaporean


18 Aug 2009
• Landlords getting more creative in retail rental structures: industry watchers
• Mastercard holders spent US$698m during Great Singapore Sale
• No cut in GST even if economy worsens
• Finance Minister says no deadline to find Temasek CEO


17 Aug 2009
• Organisations need to become more engaging to avoid employee exodus
• Singapore economy weathered worst of global crisis, say experts
• Some 6,000 online users visit CNA's National Day Rally microsite
• Employers, unionists welcome PM's announcement on new CET centres
• Questions on Goodyear leaving Temasek to be asked in Parliament
• July NODX up 6.1% on-month, prompting recovery hopes
• NDP rally a timely reminder on need to uphold religious harmony, say observers


16 Aug 2009
• S'pore can still grow even if world markets not expanding fast
• PM Lee to address Singapore's challenges in National Day Rally speech


15 Aug 2009
• RI aims to raise S$50m in 10 years for needy students


14 Aug 2009
• Singapore's STI outperforms peers in Asia since start of 2009
• KS Energy's Q2 profit down 37%
• Businesses hope PM's speech will provide guidelines on economic outlook
• 6 President's Scholars receive awards from President SR Nathan at Istana
• More seeking counselling over loanshark debt while police tighten enforcement
• State of economy one of key topics at National Day Rally


13 Aug 2009
• Govt accepts nine public proposals on draft GST amendments
• City Developments' Q2 profit falls 15.3% on-year to S$139.9m


12 Aug 2009
• Surveys show S'pore businesses more optimistic of economic recovery
• Life insurance industry sees 38% growth in new sales in Q2


11 Aug 2009
• United Engineers' Q2 profit up 51% on-year to S$11.2m
• AEI Corp says H1 profit up 46% on-year to S$3.2m
• Keppel Offshore and Marine secures S$85m worth of contracts
• Singapore economy expanded by 20.7% in Q2
• S'pore revises FY trade growth upwards to between -23% and -21%
• Singapore's economy contracts 6.5% in first half of 2009


10 Aug 2009
• Fewer National Day dinner bookings this year
• PM's N-Day Rally to be more interactive on CNA website
• Over 300 Singaporeans in Beijing celebrate National Day


09 Aug 2009
• The Pledge Moment unites S'poreans in one voice
• S'poreans hopeful about future as nation turns 44


08 Aug 2009
• Hotel rooms around Marina Bay platform almost fully booked
• PM Lee calls for unity to face challenges ahead
• Worst of first H1N1 wave in S'pore could be over


07 Aug 2009
• A cappella, mass choral singing at NDP 2009
• S'pore's 3 local banks beat analyst expectations with 2nd-quarter results
• Asian financial institutions well poised with knowledge of region to surge ahead
• Natural Cool slips into the red in fiscal first half
• APB Q3 net profit down 4%
• ECS Q2 profit up 11.5%
• Work begins on URA Concept Plan 2011


06 Aug 2009
• REACH survey shows Singaporeans worried about rising costs of living
• Singapore needs to develop new ideas, new products to continue thriving
• S'pore investors encouraged to diversify into M'sia's services sector
• Banyan Tree plans to use fund-based model to develop future projects
• Signs of stabilisation in aviation industry, says ICAO


05 Aug 2009
• New package to help boost sales at F1 Paddock Club
• Starhub records 21.1% increase in net profit for Q2
• GIC launches new talent recruitment programme
• One in five arrested for loanshark activities aged between 7 and 19
• UOB reports 21.7% plunge in Q2 net profit


04 Aug 2009
• Singapore's manufacturing economy expands in July
• Straits Asia's Q2 earnings down 43.3% on-year to US$21.4m
• Measures to help women with children take on jobs


03 Aug 2009
• NTUC, ASME to help firms implement re-employment policies
• Singapore Flyer among popular spots to catch NDP
• Singapore's office rental sees steepest Q2 drop in Asia Pacific
• Women account for only 30% of ICT workforce in Singapore
• OCBC's Q2 net profit up 10% to S$466m


02 Aug 2009
• SM Goh Chok Tong outlines 10 major challenges for next generation


31 Jul 2009
• Analysts say SIA has to relook business model to turn around losses
• Banyan Tree's US$900m Vietnam resort on track for phase one development
• Labour movement encourages skills upgrading to reduce job losses
• Manufacturing firms more optimistic about business conditions
• Retrenchments down sharply, unemployment stabilises in Q2
• Downturn driving PMETs to aspire to be entrepreneurs


30 Jul 2009
• Survey shows youths involved in voluntary work above national average
• 16 bus operators fined for alleged price fixing on express fares to Malaysia
• Third round of Jobs Credit to be paid out on Sep 30


29 Jul 2009
• Banks still strong in corporate social responsibility despite downturn
• Over S$27.5b invested in Marina Bay from private and public sector


28 Jul 2009
• Singapore on track to increase expenditure on R&D
• Westcomb Financial slipped into the red with S$1.34m loss in first half
• Manpower Minister urges employers and workers to stay flexible, positive
• Fortune Reit Q2 distributable income down 0.7%
• Cycling race part of efforts by Timor Leste to boost tourism


27 Jul 2009
• S$1m training centre for retail industry opens in the heart of Orchard Road
• SIA Engineering's net profit fell by 23% on-year to S$45.1m in the 1st quarter
• European freight carrier AeroLogic starts operations at Changi


26 Jul 2009
• Donations to Ren Ci Hospital expected to decrease by over 50%
• Singapore's economic outlook dependent on external economies
• Singapore Children's Society aims to raise S$180,000


25 Jul 2009
• Singapore leaders congratulate Indonesian President Yudhoyono


24 Jul 2009
• Singapore-Canada trade may grow by 60% over next 2 years
• Singapore shares close 1.95% higher
• CapitaMall Trust reports Q2 distribution per unit of 2.13 cents
• Chartered Semiconductor posts Q2 loss of US$39.4m


23 Jul 2009
• Weak loan growth to weigh on S'pore banks' quarterly earnings
• NTUC's recreational arm abandons plan for S$45m resort devt in Sentosa
• S'pore restaurants launch "The Great Singapore Feast" to bring in diners
• Keppel Corp's Q2 net profit up 6%


22 Jul 2009
• Keppel Land's Q2 net profit up 10.4% to S$58.2m
• APEC trade ministers end meet with new commitment against protectionism


21 Jul 2009
• Preliminary feasibility study completed for Guangdong's Knowledge City


19 Jul 2009
• NTUC calls on workers unable to find jobs to go to unions for help
• Central Singapore CDC sees 40% rise in social assistance applications this year


17 Jul 2009
• APEC nations expect trade financing situation to ease
• Singapore's key exports decline at a much slower pace in June
• Thailand aims to be trading, exhibition hub in Southeast Asia
• Hotels step up security following Jakarta bombings
• Retrenchments ease off in Q2 compared to Q1
• Singapore's NODX down 11% on-year in June


16 Jul 2009
• Singapore-Guangdong Collaboration Council signs 9 MOUs
• SIM tops list of 50 fastest growing companies in Singapore
• Changi Airports International acquires 26% stake in Indian airport project
• SIA launches programme to renew cabins of Boeing 777 planes
• Global economic crisis hits investment returns at MAS


15 Jul 2009
• APEC trade ministers to discuss financial crisis recovery
• APEC forum for women leaders to be held in Singapore
• ING survey shows recovery in Singapore's investor sentiment


14 Jul 2009
• CDCs see fewer people asking for employment, social assistance
• Strong biomedical sector pulls S'pore out of recession
• Asian business leaders take on bigger roles in international forums
• NTUC says slowdown in GDP contraction doesn't mean recovery in sight
• Resorts World at Sentosa to stage first event in December
• Tiger Airways resumes flight to Krabi, Thailand
• Strong growth suggests Singapore emerging from recession
• MTI expects less severe contraction for S'pore's 2009 economy


13 Jul 2009
• APEC economies urged to address threat of protectionism
• AirAsia adds new routes to Singapore


12 Jul 2009
• Number of applications for financial assistance stabilises in Q2


11 Jul 2009
• Strong response from buyers for 2 new condos in eastern suburbs
• PM Lee says MUIS now an integral institution within Muslim community in S'pore


10 Jul 2009
• S'pore, France to sign protocol to incorporate standard tax guidelines into DTA
• Over 6,000 gather to celebrate Singapore's success in hosting AYG
• Drop in casino earnings around the globe unlikely to hit S'pore's IRs
• Health tops S'poreans' concerns, followed by economy & job security: survey
• Unionised sector sees drop in retrenchment trends, says Lim Swee Say


09 Jul 2009
• 40,000 private homes to come onboard in next 3-4 years
• Jim Rogers says increased focus on alternative energy will boost demand for commodities
• Hiring expectations up for the first time since first quarter of 2007


08 Jul 2009
• MOU signed to help companies dual list in stock changes of S'pore, Norway
• S'pore businesses urged to step up on branding efforts during recession
• Women's co-op Women Enterprise Workz celebrates first anniversary
• Asian Youth Games: Shooters not flops, says Chng


07 Jul 2009
• Global IPO activity shows uplift in Q2 2009 with 76 IPOs
• Focus on micro-economic reforms as world economy not recovering yet


06 Jul 2009
• Some bright spots in job market amid economic uncertainty
• CBRE says fall in office rents eases in Q2
• Van Der Horst Energy breaks ground for new HQ in Singapore


04 Jul 2009
• Current global economic crisis will test S'poreans' moral character


03 Jul 2009
• Singapore labour market to remain soft
• S-REITs can cushion external shocks, says S&P


02 Jul 2009
• Chairman of 2012 London Olympics in Singapore for AYG
• Manufacturing economy expands for second time in June
• Singapore stocks poised for spectacular rebound
• Uzbekistan seeks to woo more Asian investors
• Singapore shares down 1.35%
• Sembcorp Marine wins new oil rig order worth US$237.3m


01 Jul 2009
• Changi Airport Group, CAAS to develop S'pore as leading global air hub
• 90% of investors polled optimistic about market opportunities despite downturn
• Heatec Jietong Holdings plan to raise S$3.7m in net proceeds in S'pore IPO
• MM Lee speaks of need to restructure airport operations


30 Jun 2009
• Mobile broadband speeds expected to go up with LTE launch
• Experts warn investors against investing in Asian currencies
• STI exceeds analysts' expectations in first half of 2009
• Govt to take over development & ownership of LNG import terminal


29 Jun 2009
• CDCs see 40% increase in households seeking help


27 Jun 2009
• Mendaki to increase budget expenditure by S$2m


26 Jun 2009
• Prospects for Singapore's financial sector brighten, after stabilising economic data
• MOF releases list of Economic Strategies Committee members
• Mixed views on Asian economies in light of cautious US Fed statement


25 Jun 2009
• Resorts World at Sentosa cuts expected visitor arrivals
• Recession causing employees to work longer hours


24 Jun 2009
• Companies in Asia ramping up workforce amid economic downturn
• S$26m construction work for museum galleries awarded without competition


23 Jun 2009
• Singapore shares down 1.8%
• Employers to receive S$900m in second payment of Jobs Credit
• Global financial crisis wiped US$203b from S'pore companies' brand value
• Hotels put to mystery guest test


22 Jun 2009
• SIWW expects to create over S$370m worth of deals despite downturn
• SGX receives feedback on measures to improve corporate governance
• 48 South East CDC council members get appointment letters from SM Goh
• Singapore shares close 0.28% lower
• Finance Ministry seeks feedback on Income Tax (Amendment) Bill
• PetroChina completes acquisition of 45.51% stake in SPC
• NTUC Healthcare offers cheaper deals to help cope with economic downturn


21 Jun 2009
• PM Lee urges citizens to do their best to get through downturn together
• Tropical Singapore an oasis for water research


20 Jun 2009
• New two-storey Geylang Serai market set to open on July 13


19 Jun 2009
• Ipco expects to report a loss for full financial year
• Asia's life sciences industries gain from economic stimulus funds
• Fewer attendees and exhibitors at CommunicAsia
• World Bank says firms should not neglect climate change


18 Jun 2009
• Survey shows business sentiment up, more expats moving to S'pore
• Experts expect number of marriages to go up during economic downturn
• Survey shows S'pore managers put health, work-life balance over career
• Lim Hwee Hua urges nations to be mindful of recovery patterns
• General Electric expects world demand for water to triple by 2030


17 Jun 2009
• Second payout for GST Credits, Senior Citizens' Bonus on July 1


16 Jun 2009
• Singapore's strategy to help workers cope with downturn works
• S'pore to invest S$30m to enhance IT infrastructure, manpower development
• MPA introduces financial scheme to help bunker surveying companies
• ITE graduates highly marketable despite weak economy
• Telco firms in Asia eye new opportunities amid downturn


15 Jun 2009
• Mobile phone makers upbeat on industry outlook despite global downturn
• Italy leads business mission to Singapore


14 Jun 2009
• Kelantan wants to emulate Singapore's success in cleanliness, fighting graft
• Town council report not meant to be ranking exercise


12 Jun 2009
• SMEs gain competitive edge by teaming up with MNCs
• HDB spends S$12m to renovate some 3,000 shops
• Manpower Minister Gan to attend International Labour Conference in Geneva


11 Jun 2009
• Some Asia Pacific countries may risk losing out on aid funds
• China firms gain presence in digital media field
• Crude oil prices jump to 7-month high
• Beyonics Technology slips into Q3 loss of S$2.6m
• Nepal seeks to position itself as key emerging market
• National Day Parade bag to appeal to all


10 Jun 2009
• President Nathan discusses bilateral ties, world issues with Turkish counterpart
• Luxury medical concierge service introduced for foreign patients
• Demand for finance, accounting professionals persists despite downturn
• Experts warn protectionist policies are counter-productive
• Analysts say residential property prices will take W-shaped recovery
• Economists expect Singapore economy to shrink 6.5% this year


09 Jun 2009
• Just 7% of firms may cut headcount, from 50% in Q2
• SIA still keeping an eye out for acquisitions in China, India


08 Jun 2009
• Singapore can play vital role in iron ore trade between India, China
• More office tenants may move from suburbs to city
• MM Lee given Global Aviation Leadership Award


07 Jun 2009
• Average income of low-wage workers up by 9% over past two years


05 Jun 2009
• EDB to develop clean technology, health services and lifestyle sectors
• CommunicAsia sees 16% drop in number of participating firms, exhibition space
• CommunicAsia sees 16% drop in participating firms, exhibition space
• Torch for inaugural Asian Youth Games unveiled


04 Jun 2009
• Accountants can add value through financial discipline in companies: ACRA
• PM Lee meets Zhejiang Party Secretary in Hangzhou
• 23 PMETs successfully matched to SMEs via Business Advisors Programme
• Jetstar Asia gets approval to add 3 more weekly flights between S'pore, Manila


03 Jun 2009
• Survey shows SMEs in Asia hold bleak economic outlook over next 12 months
• PM Lee and SKorea's president agree to help fight economic crisis
• Unions support latest wage guidelines but express concern about jobs
• German Chamber welcomes NWC's recommendations
• Finance Ministry consults public on draft GST Amendment Bill
• Half of SMEs believe global economy will rebound in 2010
• World's largest oil firms to deliver over US$375b worth of investments this year


02 Jun 2009
• State of Singapore came into being 50 years ago on 3 June 1965
• Singapore's PMI up in May, industry expands for first time in 8 months
• Recession far from bottoming out, says PM Lee
• Pre-U Seminar opens with Education Minister redefining the 4Cs in life
• Arts Fest sponsorship hits S$3.7m with 45 sponsors


01 Jun 2009
• PM Lee in Jeju to mark 20 years of ASEAN ties with SKorea
• Number of government-backed loans appears to have stabilised
• 8,000 workers to be trained as 32 hotels sign up for SPUR
• HG Metal forms joint venture with POSCO, Novo group


31 May 2009
• MediaCorp's Vasantham Channel honours its best at Pradhana Vizha


30 May 2009
• PM Lee to visit South Korea and China from 31 May to 4 June
• Over 100,000 S'poreans celebrate launch of National Family Day activities
• NTUC's U Care Fund to help 194,000 members


29 May 2009
• MPs wrap up 5-day debate on President's Address
• Rents for industrial properties could drop by as much as 30% by end 2009
• Datapulse Technology Q3 profit rises 23% to S$3.3m
• Quality of Singapore SMES improved in past year, says DP Info


28 May 2009
• Singapore firms prepared for H1N1 outbreak
• Tat Hong Holdings' FY net profit falls 23% on-year to S$69m
• Unrealistic for Temasek to always outperform or avoid losses, says Finance Minister


27 May 2009
• S'pore to adopt International Financial Reporting Standards by 2012
• Downturn an opportunity for China, S'pore to invest in its people: MM Lee
• OCBC analysts say recovery in sight for Singapore by year-end
• MPs moot measures to help S’poreans in bad times
• Aerospace manufacturing in Asia expected to outpace Western counterparts
• H1N1 flu not likely to have major impact on Singapore's economy


26 May 2009
• MPs urge govt to nurture local entrepreneurship for next phase of growth
• 53 int'l commodity trading firms to set up offices in S'pore this year
• Singapore shares close 1.26% lower
• Singapore's April factory output up surprising 25% on-month


25 May 2009
• C K Tang sees net loss widen to S$5.6m for full year ended 31 March
• Spending on groceries rises as Singaporeans eat out less
• Brazil seeking Asian investors to develop its ports sector
• S'pore manufacturing outlook bleak, despite what some see as green shoots
• S$660m from SPC sale can provide strong financial buffer for Keppel
• Singapore shares close 0.99% higher
• NWC to release wage guidelines for 2009/2010 on 3 June


24 May 2009
• Plunge in Trade Is a Boon for Singapore Ship Suppliers
• MM Lee meets Jiangsu Party Secretary in Nanjing
• SM Goh suggests committee to plan new capabilities needed for S'pore
• MOE to spend S$67.5m on Edusave and schemes to help needy students


23 May 2009
• S$23.18 million raised for U Care fund
• School of Science and Technology to start first intake in January 2010


22 May 2009
• PM Lee says Singapore needs to remain an open economy


21 May 2009
• Temasek divested BoA shares due to change in risk-return environment
• S'pore aerospace manufacturing sector grows despite economic downturn
• Tiger Airways report 25% increase in revenue for financial year 2008/2009
• Investment in maritime, aviation sectors to continue amid recession
• Singapore keeps 2009 GDP outlook at -6% and -9%
• Temasek pays US$600m for stake in China's CCB
• Singapore as a living laboratory for solar energy
• Singapore's economy contracts 14.6% on-quarter


20 May 2009
• Semiconductor manufacturers urged to branch into new areas
• Govt to start long-term planning for Singapore with Concept Plan 2011
• S'pore well-positioned to be bridge between Abu Dhabi and China


19 May 2009
• 3 universities receive S$22m innovation grant to boost entrepreneurship
• Amir of Qatar to make state visit to Singapore
• GIC to retain holdings in Citigroup and UBS
• Recession brings business to Cambridge Institute
• Experts say sectors to focus on include Islamic Finance, "green" solutions
• Real estate investors see opportunities in Asian markets
• Tech firms looking to tap into growing demand for green products
• MOM focuses attention on developing globally competitive workforce
• More degree courses to be offered in polytechnics
• Singapore shares close 3.83% higher
• Singapore property market records region's worst contraction


18 May 2009
• President Nathan says S'pore's well-prepared for financial crisis
• Singapore tops international design rankings study
• Jetstar Asia launches new ticketing arrangement with Qantas
• Log on, share views on president's address in Parliament


17 May 2009
• South East CDC, NEA launch campaign to cut power consumption
• Tripartite partners issue updated guidelines on managing excess manpower


16 May 2009
• NJC opens new boarding school; Millennia Institute opens new campus
• May Day Model Partnership Awards recognise strong links at various levels


15 May 2009
• Temasek sells stake in BOA as it shifts focus to Asia
• Singapore Arts Festival opens at Marina Barrage
• Parkway Holdings' Q1 net profit rises 9% on-year to S$21.3m
• Nominations for entrepreneur of the year award open till end June
• STX Pan Ocean swings to US$70m loss in Q1
• SIA sticks to Airbus A380 deliveries despite crisis
• Tough two-and-a-half years as an MP, says Mdm Halimah
• Deflation risks still persist despite growing injection of govt funds


14 May 2009
• JTC Corporation allows operator tender for rock cavern project to lapse
• Manufacturers see new orders coming but face challenges
• 3/4 of S'poreans won't cut back on mobile phone usage during downturn: survey
• S'pore's April container throughput falls 18% on-year to 2.09m boxes
• Mercator Lines books 45% rise in Q1 net profit to US$75.8m
• Straits Asia Resources posts 74% gain in Q1 net profit to US$35.5m


13 May 2009
• Straits Trading Company sees net profit fall 69% to S$3.6m for Q1 2009
• SBS Transit records 22% on-year increase in net profit for Q1 2009
• Bosch sets up its Asia Pacific R&D and sales headquarters in S'pore
• Singapore Arts Festival 2009 tickets selling fast
• SingTel says Asia mobile phone subscribers top 249 million
• Air Market Express turns to warehousing services to beat global downturn
• New learning experience in PCF kindergartens, NTUC First Campus tie-up


12 May 2009
• Asian firms shift focus from cost-cutting to preparations for recovery
• Positive hiring outlook for private banking despite global financial crisis
• Increased demand for R&D engineers in digital printing industry
• Government to award S$1.73b worth of infocomm tenders in FY2009


11 May 2009
• Singapore looking forward to many more years of good Japan ties
• FJ Benjamin reports net loss of S$1.9m for third quarter ended March
• NTUC and its 12 social enterprises offer 1,200 jobs at fair
• Companies believe economic downturn presents opportunities to do more
• SIA Engineering sees fiscal Q4 net profit rise 19% on-year to S$65.5m
• The storm isn't over yet, says labour chief


08 May 2009
• Singapore, Philippines expand air transport agreement
• Singapore's DBS says Q1 profit falls 28% to S$433m
• Harmonious ties among tripartite partners key to tackling recession


07 May 2009
• Singapore shares close up 2.87%
• Commercial vehicles to get 30% road tax rebate for one year starting July


06 May 2009
• Singapore banks report lower Q1 earnings
• Merrill Lynch says Singapore in midst of W-shaped recovery
• IMF projects Singapore economy to shrink by 0.1% in 2010
• Singapore shares surge 5.05%
• OCBC Bank posts 12% decline in net profits to S$545m for Q1
• Malay & Indian Activity Executive Committees formalised within PA
• Sengkang's recreation centre clinches gold in annual design award


05 May 2009
• Creative Technology posts net loss of US$41.8m for Q3
• Obama's tax crackdown on US MNCs likely to cut Asia's FDI
• Singapore's PMI posts smallest contraction in 7 months in April
• Buildings go green to cut costs amid economic downturn
• Singapore shares close up 2.25%
• Jobseekers find personal details abused


04 May 2009
• New US$120b emergency fund helps to build confidence in region
• Singapore may have seen worst of economic slowdown
• Prices of healthcare stocks stabilise as spread of H1N1 virus slows
• Singapore sees sharpest decline for Q1 office rentals in the region
• Singapore shares close 5.65% higher
• Survey shows S'poreans would take 42% pay cut


03 May 2009
• Programme launched to help Tampines residents become more resilient


01 May 2009
• Tharman to travel to Indonesia for ASEAN finance ministers' meeting
• Employers welcome government's move to expand SPUR
• PM Lee says S'pore has to address 3 potential divides when tackling crisis


30 Apr 2009
• Analysts say extent of swine flu impact on STI unclear
• SingPost fourth quarter net profit up slightly by 2.5% to S$35m
• S'pore, Turkey provide good alternative markets to each other
• Food industry gets head start in green business practice with pilot scheme
• S'pore has reason to be quietly confident despite downturn, says PM Lee
• Singapore shares jump 3.82%
• Singapore shares up 2.19% in early trade


29 Apr 2009
• Banks, retail malls ready to roll out continuity plans if swine flu hits S'pore
• Tripartite Upturn Strategy teams formed to help companies tackle downturn
• Swine flu adds new dimension of risk to Singapore's economic growth
• SSC sets up committee to oversee swine flu precautions for Asian Youth Games
• UOB has no plan for rights issue at the moment
• Singapore sends diverse contingent to Cannes


28 Apr 2009
• MM Lee says S'pore not taking any chances in dealing with swine flu
• Asia's carbon credits market expected to grow despite economic downturn
• Private education sector sees growing demand amid economic downturn
• Job losses could be worse if not for tripartite partners, says Lim Swee Say
• Singapore and US reaffirm bilateral ties


27 Apr 2009
• Good customer service helps companies stand out in times of recession
• Companies should pay more attention to work-life balance in downturn
• Govt unveils sustainable devt blueprint for next decade
• Singapore's cable car rides to close for S$36m overhaul
• Tripartite partners must stay united to help manage downturn
• Life sciences firms under pressure to demonstrate value of products
• United tripartism approach to upturn the downturn
• Technology solutions may help ramp up business in downturn


24 Apr 2009
• Singapore should continue to lure top companies, talents
• GE International optimistic about growth in Asia
• Singapore shares close 0.38% lower
• Still no dividend payout for Genting shareholders
• CapitaLand suffers 83% fall in Q1 profits


23 Apr 2009
• Mark Fairwhale opens first SEA store in S'pore
• CapitaLand sees good prospects in China
• First REIT reports 2.5% gain in distributable income for Q1
• Tiger Airways wins case against Swissport for breach of contract
• Labour movement to help female professionals find jobs
• Singapore inflation up by 1.6% on-year in March
• Opportunity for Asian banks to play bigger role in shipping finance industry
• Foreign Affairs Minister George Yeo meets New Zealand counterpart
• Shipping firms must reduce risks, not just cut costs


22 Apr 2009
• IE Singapore highlights investment opportunities in Vietnam
• ComChest sets its highest fund-raising goal of S$52.6m
• 1-in-3 Singapore professionals "happy" to take up contract work
• Singapore shares close 2.32% lower


21 Apr 2009
• 9-in-10 companies in S'pore say they make use of the Jobs Credit Scheme
• New campaign launched to help companies ensure software compliance
• Analysts say cash-rich investors ready to enter property market
• Gradual recovery expected for shipping industry
• Singapore not preparing for 'green shoots' recovery
• Singapore's new Marina Downtown on track for completion by year-end


20 Apr 2009
• Singapore market ends recent rally
• Britain looking to expand business ties with Asia
• Evergro Properties' net profit more than triple in Q1
• Influx of Japanese retail and F&B businesses to Singapore
• Customer satisfaction falls in S'pore; still lacking in after sales service
• SPC sees 44% drop in first quarter net profit


18 Apr 2009
• Tour package prices down by 15% with more economy offers
• Southeast Asian governments urged to address root causes of social unrest


17 Apr 2009
• Experts say young investors lack understanding of financial products
• OCBC has no plans to raise funds via rights offer
• Analysts say plans for ASEAN integration have suffered a setback
• Fitch affirms Singapore's AAA sovereign ratings
• NMP Gautam Banerjee confirms applying for second term
• MM Lee sees a win-win relationship with Vietnam
• NWC invites views on wage guidelines


16 Apr 2009
• World economy expected to pick up before US mid-term elections, says MM Lee
• Raffles Medical's net profit up 28% to S$7.8m for Q1 2009
• May Day to focus on strengthening unity, reinforcing mutual trust
• S'pore works with countries serious about knowledge transfer, says MM Lee
• Singapore shares 2.08% higher in morning trade


15 Apr 2009
• MM Lee meets Vietnam PM Nguyen Tan Dung, discusses economic situation
• S'pore Pavilion at 53rd Venice Biennale resurrects golden era of films
• Government-backed loans hit monthly record high in March
• Middle East, China offer growth opportunities for S'pore oil & gas SMEs
• Sun Microsystems confirms retrenchment exercise in its S'pore operations


14 Apr 2009
• Han's Cafe & Cake House plans expansion despite downturn
• MAS adopts weaker Singdollar policy
• Singapore to encourage SMEs to invest in Vietnam
• Parkway Holdings' chief operating officer not renewing contract
• Asian firms urged to diversify away from bank loans to lower funding risk
• Singapore shares close up 1.08%
• Swiss bank UBS to cut 100 jobs in Singapore
• Singapore stocks edge down 1% in morning trade
• No reason for weakening Singapore dollar:MAS
• Singapore's economy to shrink 6% to 9% in 2009
• Beauty China Holdings recovers HK$24.7m in trade receivables


13 Apr 2009
• Parliament prorogued, to reconvene with President's Address on 18 May
• Singapore Press Holdings says Q2 profit fell 12.6%
• Market confident in strength of DBS management in wake of CEO's passing
• Singapore shares close 2.64% higher
• Govt won't intervene as loans still available to property developers


12 Apr 2009
• Tharman says DBS should not rush into finding replacement CEO
• Travellers returning from Thailand describe situation in Pattaya, Bangkok


10 Apr 2009
• Mounting pressure on governments to support local economy, but protectionism unlikely


09 Apr 2009
• Market unlikely to support more calls for cash without heavy discount
• Financing and market access remain top concerns for SMEs
• Grade A office space rents to half by end 2009, hitting five-year low
• PM Lee says ASEAN and East Asian dialogue partners must support free trade


08 Apr 2009
• Orchard Central on track to open in June
• Insurance firms urged to strengthen operational capabilities
• IRAS reduces Annual Values of over 115,000 private properties in Q1
• DBS shareholders approve scrip dividend scheme


07 Apr 2009
• S'pore expected to devalue currency when MAS meets next week
• Survey shows Singapore in bottom 10 of salary rise rankings
• Advance growth estimates for 2009 Q1 to be released April 14


06 Apr 2009
• NKF reports biggest budget deficit in 10 years
• Fabchem China expects profits to be significantly lower for fourth quarter
• TNBT to break into Middle Eastern market
• Singapore shares kick off the week positive


03 Apr 2009
• StarHub to invest S$100m into OpCo
• MAS likely to devalue currency in upcoming meeting


02 Apr 2009
• Financial reporting facing valuation challenge in uncertain times
• Taoyuan Aerotropolis project pitched to Singapore investors
• AT&T to invest US$1b to expand its overseas portfolio
• SingTel Touching Lives Fund raises S$2.2 million in 2008


01 Apr 2009
• Singapore's office occupancies, rentals fell in Q1


31 Mar 2009
• Analysts expect corporate spending to fall at Singapore F1 race
• AirAsia to increase daily flights to and from Singapore in 2 years
• Saving jobs, finding jobs key priorities for WDA this year
• Singapore shares up 1.36% in morning trade


30 Mar 2009
• BlackRock bullish about outlook for gold over next 3 to 5 years
• Growth for Islamic insurance expected to slow to 17% per annum
• Capella Singapore opens amidst dwindling tourist numbers


28 Mar 2009
• PM Lee says S'pore must make extra effort to stay united during economic crisis


27 Mar 2009
• Singapore REITs feeling credit squeeze
• Teo Chee Hean says he will continue to take care of civil service
• PSA International sees 2008 profits down 46.2% on-year
• Number of repossessed properties increased marginally in 1Q 2009
• SMEs need to be more transparent to gain access to funds, say experts
• Golf: Tiger Woods may play in Singapore Open


26 Mar 2009
• Survey shows 90% of start-ups are seeing slower sales this year
• More firms turn to digital marketing as advertising budgets shrink
• 50 Singapore, Malaysia ICT outsourcing firms to collaborate for first time
• Tourist arrivals see worst on-year drop in 6 years, down 15.2% in February
• Singapore output down 22.4% in February
• Campers to get permits to camp from April 15
• Three men arrested for pickpocketing and cheating


25 Mar 2009
• SMEs need to rethink HR approach to draw staff
• Mobile phones remain a bright spot in gloomy semiconductor climate
• 2 airlines get approvals to fly to S'pore via other M'sian cities
• 2,600 foreign workers to be relocated after 147 firms fail dorm checks


24 Mar 2009
• Current crisis prime for companies to grow
• Govt studies ways to harmonise regulatory financial reporting
• NTU says Singapore's economy could contract by only 4% this year
• Global hotel prices drop 12%
• SGX rights issues necessary to help companies stay viable
• MOH increasing number of subsidised beds to cope with rising demand


23 Mar 2009
• ION Orchard mall to open in July 2009
• Govt expects lower returns on asset investments over next 20 years
• MPs want more details on how reimbursement for living organ donations will work
• Singapore's February CPI slows to 1.9% on-year
• Singapore stocks kick off week 1.2% higher


22 Mar 2009
• CDAC increases budget to S$23.2m to help 64,000 beneficiaries


21 Mar 2009
• Middle East remains attractive market for S'pore businesses
• ComCare schemes helped 23,500 cases in last 6 months of 2008


20 Mar 2009
• MM Lee describes Singapore's future at NUSS lecture
• American business leaders in Asia propose ideas to US govt
• Competition in mobile market intensifies with value-for-money plans
• Recession-related issues to be discussed in Parliament on Monday
• Better grades, lower interest rates
• Drop in annual pay ahead for civil servants


19 Mar 2009
• Tighter regulations needed in Asia to encourage green shipping


18 Mar 2009
• IE Singapore looking at ways to expand overseas ventures through World Bank
• Four industry bodies tie up to engage landlords on rental costs
• Panasonic ends 2-day retrenchment exercise at its Ang Mo Kio plant


17 Mar 2009
• Preparations for Asian Youth Games remain on track
• Tung Lok expects FY loss as consumers cut back on dining out
• More firms considering divestments to improve cash position
• More infrastructure projects for Singapore companies in Oman
• Sentosa grants 15% rental rebate to tenants
• Singapore Airlines reports drop in passengers, cargo


16 Mar 2009
• Security industry tweaks working hours to attract more women
• Private sector economists project Singapore's 2009 GDP to shrink 4.9%
• Some experts say hedge funds still offer good return potential
• Local resorts see healthy occupancy during March school holidays
• Singapore recession to deepen before Q4 rebound: survey
• Labour market grew by 8.1% in 2008 due to strong gains in first half


15 Mar 2009
• Wellness Programme for elderly to be extended islandwide


13 Mar 2009
• Singapore signs agreement to boost ICT cooperation with EU
• Singapore's January retail sales decline 12.2% on-year


12 Mar 2009
• President Nathan takes final step to allow govt to draw on reserves
• Biomedical sciences job creation expected to almost double in 2009
• SPH cuts staff pay by between 2% and 10%
• S'pore top in Asia for attractiveness in developing tourism industry


11 Mar 2009
• Labour movement raises more than S$5m at charity golf event
• Chinese, Malay, Indian heritage centres get $30m funding boost
• Jobseekers say more than 4 months needed to get new job
• 12,000 people expected to attend Singapore Day in London
• Is it RIP for Singapore internet radio?


10 Mar 2009
• Shaw Centre risks losing tenants to upcoming malls
• SATS launches low-cost ground handling unit
• Natural Cool opens S$30m corporate headquarters despite recession
• UAE's deputy prime minister meets President Nathan, PM Lee


09 Mar 2009
• Weaker demand, gloomy economic outlook may see industrial rentals fall
• Netball: Singapore's netball team competing in Australian league
• More people seeking psychiatric help for recession blues
• Outlook for petrochemicals remains uncertain amid weak demand
• Private residential property developers may introduce schemes like rental guarantees


08 Mar 2009
• Both men and women equally at risk when it comes to job cuts, say unionists
• Malaysia to unveil new economic stimulus plan


07 Mar 2009
• MM Lee urges new citizens to pull together with Singaporeans


06 Mar 2009
• Three training centres first to receive National CET Institute status
• IPCO anticipates Q3 loss as US sub-prime hits investments
• Neste Oil starts work on S$1.2b bio-diesel plant in Tuas
• F1 special levy to be cut this year due to economic downturn


05 Mar 2009
• More government-backed loans approved, easing credit for companies
• Singapore hosts inaugural life science awards
• Life Insurance Association in S'pore bullish about prospects
• Asian IT spending to grow, places them in better position to resist downturn
• Singapore's Q1 GDP likely to be worse than previous quarter
• Singapore shares close down 1.66%
• Media industry still hiring despite recession and layoffs


04 Mar 2009
• CDCs stepping up efforts to help retrenched white-collar workers
• MAS says govts need to plan long-term stimulus measures
• No purpose in having early elections, says MM Lee
• Standard Chartered operating profit climbs 71% in 2008
• Car workshop designs foldable seats for minibuses
• More Family Service Centres to be built to cope with rising demand
• Singapore shares close 1.04% higher
• NTUC FairPrice accelerates payment to suppliers


03 Mar 2009
• Singapore's manufacturing sector contracts for 6th straight month in February
• Many company audit committee members have no financial qualifications: survey
• Recently-ended NATAS travel fair chalks up over S$45m in travel sales
• Troubled US insurer AIG forms general insurance company, AIU Holdings
• MDIS spends S$100m building hostel and new building wing
• NTUC chief says 12,668 job openings available at E2i


02 Mar 2009
• Smart phone sales expected to rise this year despite slowing economy
• Asian Youth Games to broadcast events via Web
• Queenstown landlord posts details of errant tenant
• Swiber's full-year net profit drops 22% to US$38.8m
• Developers need to launch properties to avoid holding costs
• Continued service excellence will give Changi competitive edge
• Zuellig Pharma opens S$40m logistics headquarters in Singapore
• AirAsia launches new routes between S'pore and 4 destinations in Indonesia
• Singapore shares close down 3.85%


01 Mar 2009
• Zainul Abidin Rasheed to attend Egypt conference on Gaza reconstruction
• Tiger Airways commences flights to Kota Kinabalu
• Workers, employers urged to have sense of balance when dealing with retrenchments
• Singapore supports Chiangmai initiative, urges ASEAN to speed up integration


28 Feb 2009
• Recession provides opportunities for gaming industry to grow
• More job and skills upgrading opportunities for those in creative industries
• Workfare Income Supplement to be distributed in March
• PM Lee calls on ASEAN leaders to send message of cooperation


27 Feb 2009
• Labour chief confident of raising S$20m for "U Care" Fund
• ASEAN must push for economic integration, says PM Lee
• Singapore banks expected to maintain stable position in 2009
• ASEAN ministers to adopt integrated food security framework
• Singapore shares close down 1.40%
• NATAS travel fair kicks off at Singapore Expo
• Singapore's visitor arrivals fall almost 13% on-year in January
• Subordinate Courts to step up efforts to help needy families of offenders
• CapitaLand eyes more investment opportunities in China


26 Feb 2009
• Economists lower Singapore's economic growth forecasts
• Accor opens new Singapore hotel, plans to launch another in 2011
• Contractors found touting for business in Punggol housing estates
• Changi Exhibition Centre partners YOG as exhibition venue partner
• Another 10,000 Workplace Safety and Health professionals needed
• Preparatory meetings begin ahead of ASEAN Summit
• More patients turn to free clinics during recession
• Banyan Tree full year profit drops 91% to S$7m
• Singapore shares close flat
• US software firm Open Link Financial opens Asian headquarters in Singapore
• January's manufacturing output down 29.1% on-year
• Singapore's economy grew by 1.1% in 2008
• Singapore tops in innovation and competitiveness
• Four private schools close since January
• PM Lee's office responds to FT report


25 Feb 2009
• China Aviation Oil posts 77% drop in full-year net profit to US$38m
• Salaries to stay stable this year, some drops in financial sector: survey
• High-end Formula 1 hospitality packages selling well
• Inaugural month-long Media Fiesta kicks off on Mar 5
• CPF Investment Scheme lose 38% of value in 2008 due to credit crunch
• Singapore shares close mixed
• DBS says crisis could cost Singapore 99,000 jobs
• Advertisements for professional jobs drop 41%


24 Feb 2009
• SC Global full year profit rises 57% to S$44.5m
• UOL full-year net profit falls 81% to S$147m
• More consumers struggling to pay credit card bills, personal loans on time
• S'pore, Vietnam sign agreement to boost co-operation in fiscal policy planning
• Financial industry cuts back on lavish treats


23 Feb 2009
• Jack Neo produces English TV drama series for okto
• Proposal to revive Nalanda University to come up at East Asia Summit
• Raffles Medical Group reports 35% rise in full-year net profit


22 Feb 2009
• Fighting recession is like playing football
• Economic downturn hits arts groups in Singapore


21 Feb 2009
• Lim Hwee Hua to attend ASEAN+3 Finance Ministers' Meeting in Phuket
• Firms still hiring lawyers, says Shanmugam


20 Feb 2009
• APEC to discuss supply chain connectivity
• Mixed views on whether taxi fares should come down
• 100 jobs will be available for the disabled
• NRF announces $150m investment in 4th research excellence centre
• Kallang Gasworks Sivan Temple holds consecration ceremony
• Singapore shares close down 2.11%
• IRAS seeks feedback on simplified tax framework


19 Feb 2009
• Fast food joints offering discounts to attract customers during recession
• PM Lee says reviewing financial regulations
• Venture Corp books 44.6% fall in net profit for full year ended Dec
• S'pore's strategy to free up banking sector has served economy well
• Pro-Enterprise Panel encourages public suggestions on cutting red tape


18 Feb 2009
• Public Transport Council expected to decide on new fares soon
• Flag carriers, airlines with domestic markets better placed to survive
• Private universities in Singapore attracting more locals
• OCBC posts 30% fall in Q4 net profit to S$301m


17 Feb 2009
• Singapore company directors could soon see duties spelled out in law
• Hedge funds hit by global recession
• Great Eastern Holdings reports 47% drop in Q4 net profit
• STATS ChipPAC won't proceed with capital reduction, cash distribution exercise
• Community Foundation pledges S$1m for needy tertiary students
• Singapore Arts Festival to lower ticket prices this year
• CDCs see almost 50% jump in number of job seekers
• Use of reserves gives confidence to Budget measures, says President Nathan
• Deutsche Bank launches DWS Asia Select Fund
• Singapore January non-oil exports fall record 35% on-year
• MPs hope for 3 to 10 cent cuts for bus & train fare adjustments


16 Feb 2009
• Residential rentals set to slide further as companies cut costs
• Insurance company Great Eastern signs on as co-title sponsor of S.League
• Bioscience firm builds new US$2m facility, provides training and jobs
• New uniforms for Singapore Customs officers at all entry checkpoints
• NTUC Learning Hub to increase training capacity and space
• Economic downturn unlikely to affect entry trends of students into law schools
• Business confidence survey of accountants paints bleak picture
• APEC officials in Singapore to discuss economic crisis, regional integration
• SIA to slash capacity by another 11%; considers more cost-cutting measures


15 Feb 2009
• Singapore Mint collects S$5m worth of coins in exchange exercise


14 Feb 2009
• Car dealers not expecting spike in COE prices despite drop in annual quota
• Singapore to host first meeting of APEC Finance Ministers' Process next week
• Lim Boon Heng says govt schemes are safer bets during difficult economic times
• SIA to suspend service to Vancouver
• Channel NewsAsia marks upcoming 10th anniversary at HK forum


13 Feb 2009
• S'pore households to receive over S$2.6b in benefits in 2009
• Mid-range lodgings see healthy business amid lower visitor numbers
• Five CDCs to launch recession and resilience roadmap to help residents
• Pacific Andes' Q3 net profit rises 11% to S$16.9m
• Singapore shares close 1.23% higher
• Almost half of smaller firms suffering cash flow problems
• MOM, industry partners drafting new plan for workplace safety
• CPF LIFE plans reduced from 12 to four
• December retail sales down 1.6% on-year
• MOM takes 3-pronged approach to help workers & firms weather downturn


12 Feb 2009
• Independent, secure S'pore a product of prudent, steady defence investments
• WBL post 93.3% decrease in net profit for first quarter ended Dec
• FJ Benjamin Q2 profit drops 93% to S$611,000 as global recession bites
• CAAS to give airport tenants rental rebates, promotion efforts worth S$70m
• MPA introduces port concessions for ocean-going vessels, harbour craft
• SBS Transit see net profit fall 18.9% in 2008 on higher operating expenses
• Asia to see deep V-shaped recovery, say analysts


11 Feb 2009
• Asian currencies may rally by Q2 as global economy picks up
• ASL Marine sees 10.6% rise in Q2 profit to S$16.3m
• MCYS says preparations for YOG are on track to meet 2010 deadline
• Family Service Centres get S$16m boost, new volunteerism initiative to be launched
• Tiong Woon H1 more than doubles to S$23.1m
• S$77m boost in ComCare programmes to help needy Singaporeans
• Budget Terminal to go green with solar roof panels that generate electricity
• The Hour Glass loses S$7.1m in Q3
• SPRING Singapore says credit situation for firms improving
• 650 jobs axed at STATS ChipPAC?


10 Feb 2009
• Singapore not a tax haven, says Finance Ministry
• Sovereign wealth funds should not cave to pressure to invest domestically
• StarHub reports 11% fall in Q4 net profit to S$87.4m
• Employers urged to adopt fair employment practices
• NOL posts 84% drop in full-year net profit to US$83m
• Tiger Airways gains access to Indonesian market
• SIA reports 43% fall in Q3 profits to S$337m
• MOE to triple budget for financial assistance schemes in 2009
• Temasek's investment portfolio down 31% to S$127 billion as of 30 Nov 08


09 Feb 2009
• Industry players expect more business travellers to take budget flights
• CapitaLand seeking to exploit market opportunities with rights issue
• More help for SMEs to get access to trade credit insurance & reduce costs
• S$8 million fund to encourage companies to reduce, reuse, recycle
• Singapore to roll out $90m plan to boost tourism
• Efforts to save costs and resources stepped up
• Singapore shares kick off week positive


08 Feb 2009
• PM Lee urges S'poreans to focus on future during these tough times


07 Feb 2009
• More families giving up their maids due to economic downturn
• Tertiary students seek lower public transport fares


06 Feb 2009
• HDB will not scale back on upgrading works despite downturn
• MM Lee explains Singapore's long-term investment horizon
• Temasek's leadership change a "bold decision"
• Govt sets aside S$230m for Singapore Media Fusion initiative
• HDB help for homeowners affected by recession
• New course to help PMETs seeking career switch to retail sector
• Foreign Minister updates Parliament on ties with Malaysia, Indonesia and Thailand
• S'pore will aim to resist protectionism at APEC


05 Feb 2009
• Budget meant to have multiplier effect on whole economy
• Dipping into reserves needed to deal from position of strength
• Life insurance sector sees 3% growth but single-premium policies drop 69%
• Saving jobs will have bigger impact in boosting Singapore economy
• 20,513 took up Singapore citizenship in 2008
• SFC launches two new funds to help filmmakers defray costs


04 Feb 2009
• Panasonic staff in S'pore may be affected by firm's plans to axe jobs worldwide
• Economic downturn presents opportunities for entrepreneurs
• Repeated calls for GST cuts and help for SMEs in Budget debates
• MPs ask for more help for households
• GIC's investment allocation strategy has shifted towards higher risk investments
• NTUC Chief says Jobs Credit scheme saves jobs & workers' CPF
• Singapore firms in strong position to survive crisis


03 Feb 2009
• Jobs Credit Scheme, Corporate Tax Cuts ranked as important initiatives
• Jan PMI up but manufacturing continues to shrink
• Singapore Airlines to cut fuel surcharges
• SMEs should continue to gear up for growth despite downturn
• More rights issues at up to 50% discounts likely this year
• Tough questions asked about effectiveness of Jobs Credit scheme
• MPs welcome move to use reserves but warn against setting a precedence
• High profile sports events likely to still find sponsors in Asia
• Companies could use more direct help from the government
• MPs kick off Budget debate with calls for efforts to help S'poreans survive crisis
• The needy still lack awareness on help schemes


02 Feb 2009
• Organisers of Youth Olympic Games confident of meeting S$50m sponsorship target
• Travel agencies look overseas, diversify to keep profits up
• S'pore's Budget creative but businesses need to play their part too
• DTZ Research says property inventory may take 5.5 years to clear
• SIA Engineering Q3 net profit climbs 17.5% to S$63m
• REDAS says more developers to pass tax savings on to tenants
• More turning to virtual and serviced offices amid economic slowdown
• GIC confident of sustainable investment returns


01 Feb 2009
• PM Lee urges S'poreans to be confident about future despite downturn


31 Jan 2009
• SWFs have key role to play in new financial regime, says Dr Tony Tan
• Disabled job seekers edged out as firms cut back on hiring plans


30 Jan 2009
• CDL Hospitality to pay 1.8 cents per stapled security for Q4 2008
• Starhill Global REIT reports 10.1% on-year rise in 4Q 2008 DPU
• SingPost Q3 net profit falls 0.5% on-year to S$36.7m on lower logistics volumes
• MOF holds inter-school debate to promote Budget awareness
• EDB's survey shows poor business sentiment in manufacturing and services sectors
• Boon Lay Constituency raises S$2.68m for needy and elderly
• Social Service Hub in Tiong Bahru to open on February 18
• NTUC expecting bigger retrenchments from electronics sector
• S'pore overall crime rate down in 2008 but crimes against persons up 6%
• Singapore's employment growth slows, jobless rate up at 2.6% in Q4


29 Jan 2009
• Parkway Life REIT to pay unitholders 1.84 cents per share for Q4
• Market watchers say no major impact on DBS operations expected in short term
• CapitaLand to give back S$41.5m in rental rebates to existing mall tenants
• Global economic crisis will take more than a year to unravel: Tharman
• Taxi companies to pass on 30% road tax rebate to cabbies
• Labour movement aims to keep job losses below 29,000 this year


28 Jan 2009
• Some companies still expanding despite economic downturn
• Jobs Credit scheme may help lessen impact of job cuts
• Changi Airport handled a record 37.7 million passengers in 2008
• Singapore Airlines says will reduce all-business flights
• Singapore Poly's upgrading courses gaining popularity


27 Jan 2009
• President Nathan urges S'poreans to rally behind govt to tackle downturn
• S$4.5b to be spent in next 10 years to revamp primary school system
• 2009 set to be bumper year for sports in Singapore
• Tourists account for 40% of total museum visitors in 2008
• More firms implement retraining and redeployment to cut costs


26 Jan 2009
• President Nathan says S'pore is in good position to weather recession
• PM Lee says impact of Budget to be assessed before considering off-Budget measures
• Thousands throng Chinatown to usher in Year of the Ox


25 Jan 2009
• Quit-smoking challenge for Malays ends with 15% success rate
• Production firms welcome S$230m Media Fusion Fund to develop industry
• PM Lee urges S'poreans to pull together to weather crisis
• Pawnshops, second-hand stores thrive in economic downturn


24 Jan 2009
• Extra S$15m funding spells relief for charities hit by downturn
• Additional S$150m given to SPUR programme to help retrain professionals
• Concerns over tight bank loan criteria and other issues dominate Budget feedback forum


23 Jan 2009
• Economists say Singapore can afford to draw from past reserves
• Property-related Budget measures are deemed developer-friendly
• 142,000 companies here eligible for enhanced loan schemes
• SMEs, employees welcome Jobs Credit scheme
• Labour movement says Budget 2009 is an injection of trust, confidence
• Singapore shares close down 1.38%


22 Jan 2009
• PwC says lower corporate tax will help Singapore's competitiveness
• 15% rental rebate for tenants of HDB, JTC, SLA commercial, industrial properties
• Singaporeans encouraged by generous Resilience Package
• Mixed reactions to Singapore Budget
• SMEs say Jobs Credit scheme will help them retain workers
• Stallholders in NEA-managed markets, food centres to get 15% rental rebate
• Singapore taps into reserves for first time to handle crisis
• Govt to give additional support to households in GST credits, S&C rebates
• S'pore introduces incentives for companies to anchor in Asia
• Singapore govt to spend S$2.6b to enhance business cash-flow
• S'pore Govt to spend S$5.8b to stimulate bank lending
• Govt to give cash grants to help employers keep workers
• Singapore taps reserves for S$20.5b economic stimulus plan
• Will Govt dip deep into reserves?


21 Jan 2009
• PM Lee says S'pore will not have an ordinary Budget
• MNCs hoping for assistance in this year's Budget
• Unionists, economists hope budget will do more for sandwiched class
• US business community in Singapore gather to welcome Obama
• SIA says no current plans for cabin crew to go on unpaid leave
• Singapore shares fall on grim growth outlook
• Singapore congratulates Barack Obama on his inauguration as US President


20 Jan 2009
• Budget measures to support SMEs likely to be different this year
• KPMG to cut salaries of middle to top management staff
• S'pore banks expected to survive downturn despite negative outlook
• Debt recovery business up as more turn to specialists to go after debtors
• Finance Minister to deliver Budget Statement on Thursday
• Singapore seen unveiling anti-recession budget


19 Jan 2009
• Evergro Properties posts 178% rise in full-year net profit
• New ASEAN Basketball League to start in September
• Regional SMEs urged to look to domestic markets during downturn
• K-REIT distribution per unit up 1% for 2008 to 8.91 cents
• Upcoming Singapore budget seen as historic by economists
• Singapore shares close mixed
• EDB expects 2009 fixed asset invest of S$10b-S$12b


18 Jan 2009
• NTUC says more youths aged under 30 will start feeling impact of downturn
• Needy residents get help ahead of Budget measures
• Singapore govt may dip into reserves


16 Jan 2009
• Wage adjustment recommendations welcomed by union leaders, public
• Bank financing, cost reduction remain as key concerns for SMEs
• Asia can't rely on US to salvage current economic situation
• S'pore exports falling more than expected as NODX tumbles 20.8%
• NWC recommends wage freeze, wage cut in revised guidelines


15 Jan 2009
• Private home launches in Dec 2008 at record low
• SIA scales back on flights as demand for travel falls
• Private home buyers, sellers at impasse


14 Jan 2009
• Some container freight rates fall to zero
• Singapore to roll out public sector projects worth up to S$50m each
• S'pore's rep as one of world’s most flexible labour markets gain grounds


13 Jan 2009
• SATS, CIAS to take over Swissport's customers in Singapore
• Container shipping business may remain slow till end-2010
• Better and more efficient healthcare service with larger healthcare pool
• Lian Beng reports 9% rise in H1 profit to S$8.8m
• NTUC FairPrice pledges no retrenchments in next two years
• Asian economies expected to grow 5.5% in 2009
• Singapore shares down 0.81%
• British trade minister kicks off Southeast Asian trip in Singapore


12 Jan 2009
• Qian Hu reports 22% rise in FY net profit to S$6m
• Yio Chu Kang residents express concern over attack on MP
• Singapore Press Holdings says Q1 net profit down 34.8%
• Countries should do more to deal with avian flu pandemic


11 Jan 2009
• Dr Yaacob lauds S'pore Muslims' rational response to Mideast conflict
• Govt will do its part during recession, but community urged to help too


10 Jan 2009
• Singapore misses tourism targets in 2008
• Sentosa and WDA set up training course for jobless executives
• Analysts say recent S'pore stock market rally not sustainable


09 Jan 2009
• Two S'poreans suspected of working for drug syndicate arrested
• Singapore, China markets offer opportunities for investors
• NEL Group postpones EGM originally set for January 22
• More looking to refinance home loans with lower interest rates
• More consumers turning to credit cards that offer cash rebates
• Singapore shares down 1.18%
• MediaCorp to reduce work hours but programming not affected


08 Jan 2009
• Tax waiver extended to enhance Singapore port's attractiveness
• Some firms implement creative solutions during downturn
• Singapore's container traffic up 7.1%
• Talks organised to help families cope with financial downturn
• Singapore shares 1.13% lower in early trade


07 Jan 2009
• More REITs, developers expected to put projects on hold
• Marks & Spencer stores in Singapore not affected by store closures in UK
• Oil prices expected to continue on an upswing in 2009
• Steel-maker Delong Holdings issues profit warning
• Economists say NWC should address wage reduction in current economic climate
• Wildlife Reserves Singapore optimistic about visitor numbers in 2009


06 Jan 2009
• Property analysts say S'pore's public housing market to do well in 2009
• A tenant market's meltdown


05 Jan 2009
• Tax cuts, rebates top Budget wishlist for many audit firms
• December PMI at 44.8, up 0.5 point from previous month
• Survey shows most firms still hiring fresh graduates
• MM Lee says S'pore needs more diversity to cater to different strengths of students
• Singapore shares close 5.2% higher
• Firms in tourism industry share tips in managing business, manpower costs
• Singapore shares kick off week on positive note


04 Jan 2009
• Unemployment blues hit disabled community
• Volunteer groups see more foreign workers seeking help


03 Jan 2009
• SM Goh says investing in education is key when dealing with economic uncertainty
• Two of four newly appointed senior counsels from AG's Chambers


02 Jan 2009
• Labour leaders worried about falling economic numbers
• Singapore economy may slide two percent: govt
• Singapore lowers economic growth forecast to -2.0%


31 Dec 2008
• Rocky year of trade for Singapore market
• S'pore economy grew 1.5% in 2008, next year's prospects appear difficult
• Charities see spike in take-up rate of free meals
• NTUC pilots "Little Ones@Work" scheme


30 Dec 2008
• MOE steps up recruitment drive with 7,500 new jobs


29 Dec 2008
• Medium- to long-term prospects for S'pore property sector still strong
• Renaissance City Plan to create high value-added jobs in the arts
• South West CDC launches S$1.5m aid package for residents hit by economic woes


28 Dec 2008
• Economic crisis may heighten depression during festive period
• HSBC bankrolls marine conservation project with S$600,000 donation


27 Dec 2008
• Hotel room rates in Singapore may weaken as travel slows
• Self-help groups up efforts to help needy S'poreans


26 Dec 2008
• Neighbourhood retailers start sales of Lunar New Year goods
• Fund managers say equity markets to remain volatile in 2009
• Some department stores reporting higher-than-expected takings
• Year of transforming changes for public transport system


25 Dec 2008
• PC gaming industry says business stable despite economic downturn
• NCSS to increase the number of social workers
• Public hospitals see 51% jump in couples seeking help to have babies
• Survey finds tripartite guidelines to manage excess staff realistic


24 Dec 2008
• Moves to expand political space in Singapore in 2008 and beyond
• Big ticket items still popular this Christmas season
• Festive shopping takes a beating with poor economic outlook
• Singapore shares close 0.72% up
• Employers & workers brace for sharp downturn in first half of 2009


22 Dec 2008
• Singapore's manufacturing sector expected to rebound in H2 2009
• CPF cut not justified at this point in time, says Lim Boon Heng
• DBS to raise capital through S$4b rights issue


21 Dec 2008
• CDAC revises eligibility criteria for Skills Training programme


20 Dec 2008
• Foreign Minister Yeo says ASEAN's agenda being held back is worrying


19 Dec 2008
• Southeast Asia likely to see slowdown in commercial construction
• SIA may be forced to cut pay, jobs in 2009 as a last resort
• Nearly 500 applications received for Dew Spring@Yishun flats


18 Dec 2008
• HDB to offer 4,000 smaller flats over the next two years
• ibis to set up largest hotel branch outside Europe in Singapore
• Construction sector set for slowdown after existing projects run out
• Singapore shares open 0.19% higher


17 Dec 2008
• Analysts expect rough ride ahead for telcos
• STATS ChipPAC to retrench 1,600 staff as part of cost-cutting move
• Azamara Quest begins debut cruise season in Asia


16 Dec 2008
• Singapore banks expected to take a hit in earnings in 2009
• National Wages Council to reconvene in January to review current wage guidelines


15 Dec 2008
• Retailers forced to offer alternatives as the rich cut back on luxuries
• Economists expect positive growth for some countries in the region
• More signing up for accounting courses despite financial turmoil
• Murata is first electronics company to utilise SPUR
• 13 airlines, including SIA, face legal action for alleged price fixing
• Parkway Holdings axes 148 jobs, cuts management pay by 5-35%


14 Dec 2008
• ZoukOut party draws record crowd of over 26,000


13 Dec 2008
• Banks conduct thorough financial "check-up" on applicants for home loans
• Finance Minister says many jobs still available despite weak economic outlook
• S'pore firms investing in India's luxury apartment sector


12 Dec 2008
• UBS says Asian equities will remain volatile in 2009
• HDB brings forward some projects to help smaller contractors
• Cisco to invest up to S$27m to set up innovation centre in S'pore
• Kuomintang vice-chairman in S'pore for party-to-party exchange with PAP
• Changes to Criminal Procedure Code to be discussed during Budget debate


11 Dec 2008
• Labour chief urges more companies to take up SPUR
• Technology companies in Asia confident of strong growth
• Singapore Shipping Association appointed as training centre for maritime industry
• S'pore expected to be first Southeast Asian country to recover from crisis


10 Dec 2008
• 88% of Singapore firms willing to hire contract professionals
• Countdown party to be held on floating platform at Marina Bay
• World Bank says Singapore's economy may bottom out in Q3 2009
• Asia Pacific consumers cite saving for emergencies as top priority
• Labour chief says legislation to stop retrenchments is not the solution
• Private sector economists drastically cut 2008's growth forecast to 2.2%


09 Dec 2008
• Parent companies of some MNCs to cut jobs; staff in S'pore may be affected
• Gaming sector to see revenue cuts in 2009
• Genting's UK operations cast pall on business
• Singapore shares close 5.75% higher
• A grim hiring forecast for Singapore


08 Dec 2008
• Companies in Asia still donating to charity despite economic downturn
• Companies introduce various measures to help save jobs
• Muslims in Singapore celebrate Hari Raya Haji
• NTUC wants to improve working conditions of casual, contract workers


07 Dec 2008
• Promoters plan for more music festivals despite economic gloom


06 Dec 2008
• Record number of students expected to collect free used textbooks
• Sustainability is key in deciding financial aid
• NTUC urges firms to carry out "best sourcing" in economic downturn


05 Dec 2008
• Businesses of corporate gift companies drop during season of giving
• MediaCorp plans to expand regionally despite global economic downturn


04 Dec 2008
• Singapore-listed property counters down 61% year-to-date
• Labour chief urges employers to give priority to local workers
• SPH freezes pay of senior management, slows down hiring
• Half of Marina Bay Sands retail space taken up
• No new sites added to land sales programme for first half of 2009
• Golf: Asian Tour to grow in 2009 despite economic crisis


03 Dec 2008
• Singapore shares close steady
• S$6m assistance scheme to help lower income, elderly Incomeshield policyholders


02 Dec 2008
• S'pore PMI contracts for the 3rd straight month at 44.3 points
• Oil and gas sector remains promising despite economic slowdown
• Singapore shares close 3.02% lower
• S'pore, Costa Rica to start talks on Free Trade Agreement


01 Dec 2008
• Companies to benefit from SPUR which kicks off on Mon
• Singapore shares close 2.44% lower


30 Nov 2008
• Aviation shifts into new era with opening of S'pore-KL route


29 Nov 2008
• Int'l brand names not turned off by poor economy, continue with expansion
• Firms urged not to scale back on corporate social responsibility


28 Nov 2008
• Katoen Natie to invest S$60m to expand logistics terminal on Jurong Island
• MAS says Singapore's banking sector is sound
• PM Lee says downturn will be protracted, but no reason to panic


27 Nov 2008
• Crown prince of Belgium calls on President Nathan during visit to S'pore
• Olam Intl's Sunny Verghese clinches Entrepreneur of the Year award


26 Nov 2008
• S'pore govt will not implement measures to stimulate property sector
• Crown prince of Belgium on three-day official visit to Singapore
• Nitto Denko to invest S$10m over next 3 years for R&D centre in S'pore
• PUB devotes S$600,000 to install water-saving devices in needy households
• S'pore, Brazil ink agreements on trade, air services & technology


25 Nov 2008
• MNCs, some bosses to follow govt's lead on pay adjustments
• MPs intend to seek top-ups for their ComCare funds
• Companies expected to spend less on IT in 2009
• Singaporeans welcome move by civil service to cut pay
• No significant rise in number of S'poreans defaulting on credit cards
• Temasek pay cuts: Will its associates follow suit?
• PM Lee assures S'poreans they're not alone in coping with downturn


24 Nov 2008
• Unions say smaller bonuses enough to help civil servants cope with year-end expenses
• UK-based education provider Cognita awarded state land site
• Retailers hopeful year-end festivities will boost business
• Italy's top animation firm to set up S$25m global headquarters in S'pore
• Int'l school offering US-based curriculum to open at Upper Serangoon Rd


23 Nov 2008
• 1 million more plants in South West district over next 10 years
• PM Lee holds bilateral meetings with APEC leaders
• PM Lee says protectionist measures will only worsen global slowdown


22 Nov 2008
• Reactions range from "timely" to "cautious" to slew of govt's help measures
• More 2 and 3 room HDB flats to be built in the next few months
• Healthcare costs not a problem during recession with S$42b in reserves
• Downturn will not affect planning of S'pore's policies on ageing


21 Nov 2008
• Employers and workers welcome the SPUR scheme
• Govt gives S$2.3b in loans through enhanced business financing schemes
• SCCCI welcomes govt's enhanced measures to help SMEs & workers
• SPUR has more than 60 training pathways for workers
• 1,000 job vacancies at Home Team
• Government will not reduce GST in 2009 Budget
• S'pore govt allocates S$600 million over 2 yrs for skills upgrading programme
• Budget to be announced on Jan 22
• IE Singapore further lowers forecast for NODX growth


20 Nov 2008
• Experts hope for stimulus package for property market in Budget
• Analysts say GST cut to boost local consumption is not the only option


19 Nov 2008
• Shipping industry hit by yard cancellations, fewer transactions
• Training programmes to inspire next generation of entrepreneurs
• COE for small cars drops to historic low of S$2
• Companies urged to consider retrenchment only as a last resort
• NOL to slash 1,000 jobs to combat industry downturn


18 Nov 2008
• MOM to embark on two key strategies to help companies and workers
• Economists expect flat or negative GDP growth for Singapore in 2009
• SPUR's focus will include middle management and PMETs
• Singapore shares close 3.26% lower
• MOM to release guidelines for firms to manage excess manpower
• Construction firms urged not to compromise on safety to cut costs
• Singapore's FY08 budget deficit to swell


17 Nov 2008
• Launches of private homes in October drops almost 80% on-month
• Business community welcomes move to bring forward Budget statement
• Changes to Muslim law a progressive step by Malay/Muslim community
• Experts say targeted training will help in downturn
• Singapore firms can tap into online register of directors by 2010

 


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