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The Business Times Online Edition - Singapore

Total news: 1992
Last news: 1 hour 42 minutes ago

THERE is no timeframe for reopening the worlds biggest observation wheel because a review must be conducted into a breakdown which left 173 people trapped, a Cabinet minister was quoted as saying yesterday. - [Read more]

EXPECT fourth quarter 2008 gross domestic product to be lower than projected with some analysts believing it could shrink by as low as -0.5 per cent year-on-year (y-o-y). - [Read more]

IN a telling sign of the times, the latest Singapore Tourism Board (STB) data indicate that visitor arrivals in November had dropped 9.7 per cent to 760,000 from 842,000 a year ago. - [Read more]

FROM next Monday, commuters will be able to purchase - and use - the new CEPAS-compliant ez-link cards, which can be identified by the new face design and CEPAS logo on the reverse of the card. - [Read more]

THE onslaught of the global financial crisis is bound to have an impact on the reinsurance sector, but it is expected to be modest, if not insignificant, according to an industry player. - [Read more]

IT has been a dismal first Christmas for the worlds largest observation wheel and any festive cheer is on ice, given the repercussions that may follow in the wake of the flight disruption that left 173 passengers stuck for six hours. - [Read more]

IT was touted as a traffic stopping sale and it did just that. Traffic was bumper to bumper yesterday afternoon starting from part of the CTE tunnel leading to the Cairnhill exit. - [Read more]

SINGAPORE officials were investigating yesterday a fire at the worlds biggest observation wheel that left almost 175 passengers trapped for hours, some of them dangling in their capsules high in the sky. - [Read more]

SINGAPORE residents are increasingly concerned about their job security and their ability to save, a recent survey by Citibank Singapore found. - [Read more]

IF KPMGs Christmas wishes for Singapores 2009/10 Budget were granted, businesses will enjoy a reduction in the corporate tax rate, individuals will receive a 10 per cent tax rebate and property developers will be exempted from paying property tax until the completion of their developments. - [Read more]

CHRISTMAS arrived early at Toa Payoh on Monday evening in the form of seven brightly decorated floats and a huge party. - [Read more]

THE consumer price index (CPI) is on the decline, falling 0.2 per cent in November compared with the previous month. - [Read more]

A POWER disruption left more than 100 passengers stranded above ground at the Singapore Flyer for about six hours yesterday, forcing some to abseil down to safety. A few lowered themselves in a sling-like device on a rope from one of the observation capsules before the Flyer eventually began turning again to allow other trapped passengers to get out, an eyewitness AFP reporter said. - [Read more]

A SIZABLE 40 per cent of bosses polled in the Asia-Pacific region, including Singapore, feel that their staff do not have what it takes to advance their businesses in the next one to three years. - [Read more]

ERICSSON Singapore was first off the mark with the corporate events taking place around the Volvo Ocean Race, yesterday jointly donating with Sony Ericsson $20,000 to the Singapore Sports School Sailing Academy. - [Read more]

THE Housing and Development Board (HDB) began inviting tenders yesterday for a land parcel in Sengkang New Town for the building and managing of a market and food centre. The land parcel has a site area of 6,000 square metres and a maximum gross floor area of 4,000 sq m. - [Read more]

GIC Real Estate (GIC RE) has bought all of US-based ProLogiss property fund interests in Japan and China for US$1.3 billion. - [Read more]

MORE Singapore workers with better qualifications are enjoying longer leave and shorter work week as they move up the job ladder and into higher-end services industries, according to a national survey. - [Read more]

BOTH start-ups and angel investors should make hay during the current financial meltdown as it presents opportunities for both parties, said Boon Swan Foo, executive chairman of Exploit Technologies, the Agency For Science, Technology And Researchs (A*Star) commercialisation unit. - [Read more]

SINGAPORES 10.3 million tourist arrivals in 2007 helped it maintain its fourth spot in Euromonitor Internationals Top City Destinations 2007, pipping hot spots such as Paris and New York. - [Read more]