Singapore

Survey: 'Piracy, a dubious accolade for Singapore'

A recent study by Australian based research company Sycamore, revealed that 39 percent of Singaporeans are active internet pirates who solicit copyrighted content like films, software and music from online sites that provide them illegally.

15 September 2017
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UBS shuns Singapore, Hong Kong housing market

The threat of government curbs to tame prices makes Singapore and Hong Kong residential property unattractive, the regional head of UBS Group AG’s real-estate investment arm said.“We have no exposure in the Singapore residential market and we are very comfortable not having any exposure,” Graham Mackie, head of real estate for Asia Pacific at UBS Asset Management, said in an interview.

15 September 2017
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Sunny skies across Southeast Asia

As ASEAN (Association of Southeast Asian Nations) celebrates its 50th anniversary, the region has witnessed immense growth in terms of its economy and human population which has contributed to the rising demand for energy. In recent years, the ACE (ASEAN Centre for Energy) has been working on promoting the use of renewable energy throughout the region.

14 September 2017
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Singapore's First Woman President Nudges Diversity Needle

Halimah Yacob, 63, will become Singapore’s first female president when she is sworn in Thursday as the city’s eighth head of state. She was named president-elect as the only eligible candidate this week, after two others were disqualified in an election reserved for minority ethnic Malay candidates.The process sparked criticism on social media that Singaporeans were deprived of the opportunity to choose their president and that it diminished Halimah’s achievement.

14 September 2017
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Five missing after boat collision off Singapore

Five sailors were missing after their dredger collided with a tanker off Singapore Wednesday, authorities said, just weeks after a deadly accident in the same area involving a US warship.A search effort was launched for the four Chinese members of crew and one Malaysian after the accident around the busy Singapore Strait, the city-state's MPA (Maritime and Port Authority) said.Seven other Chinese sailors were rescued from the Dominican-registered dredger after it capsized following the c

13 September 2017
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Anger in Singapore as no election for president

Singaporeans Tuesday poured scorn on the process to select their new president after an establishment figure was deemed the only eligible candidate, meaning no election will be held.Halimah Yacob, a former speaker of parliament from the city-state's Muslim Malay minority, will be the first woman to hold the largely ceremonial role if – as expected – she is formally nominated to the presidency Wednesday.But the 63-year-old will avoid an election originally slated for September 23, as othe

13 September 2017
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This lowball Singapore takeover takes some explaining

If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.That's the unavoidable conclusion from the drama surrounding the takeover of United Engineers, where a general offer is flirting with failure after the emergence of a rival buyer willing to pay more than the price accepted by OCBC (Oversea-Chinese Banking Corp).United Engineers, a property and construction engineeri

13 September 2017
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Indonesians think ASEAN is vital, according to survey

A newly released survey conducted by Singaporean based ISEAS-Yusof Ishak Institute (Institute of Southeast Asian Studies), found that ASEAN (the Association of Southeast Asian Nations) is considered to be most important to Indonesians.Respondents were given a choice of countries to rank in terms of admiration and topping the list was the regional association as well as countries like Malaysia, Singapore and Thailand.

8 September 2017
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Aging Singapore faces declining labour supply

While Japan had the biggest slump in its workforce in Asia over the last 10 years, Singapore has the most to fear from an aging population over the next two decades.The city state will face a double whammy: a shrinking workforce and slower progress than Asian neighbours in getting more people into the labour market.

6 September 2017
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Tech-loving Singaporeans still prefer cash

In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash. Like Theresa Loh, a 27-year-old sales clerk. She queues up with thousands of Singaporeans everyday at sprawling food courts across the city state that serve up cheap local delicacies like chicken rice and spicy noodle soup.And like thousands of lunchgoers, she pays in cash.

5 September 2017
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Singapore's properties grow despite foreign decline

After years of declines, Singapore’s home sales are on a roll, even as purchases by foreign buyers have remained muted.Stringent stamp duties levied by the government have had the intended effect of damping speculative foreign demand, with foreign buyers accounting for just 6 percent of purchases in the first half, data from Cushman & Wakefield show.

29 August 2017
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