Positive performance in European markets boosts Singapore's market sentiment.SINGAPORE: Singapore’s stock market opened on a positive note on Tuesday, supported by the favorable performances in European markets overnight.According to The Business Times, the Straits Times Index (STI) increased by 0.3%, adding 9.02 points to reach 3,327.47 as of 9:02 am.In the broader market, the number …
Category: Business
The city-state excels in governance leadership and financial management, securing its place as a global benchmark.SINGAPORE: For the second year running, Singapore has claimed the top spot in the prestigious Chandler Good Government Index, which evaluates government efficiency and capabilities across 113 nations.The index, curated by the Chandler Institute of Governance, highlights the critical role …
Employers should address the root causes behind workers’ need for MCs instead of tightening restrictions.SINGAPORE: Falling ill is universal, yet how it’s handled in the workplace differs dramatically worldwide. While Singapore allows up to 14 days of paid sick leave annually, nations like Norway provide wage coverage for an entire year. However, taking a sick …
As Singapore welcomes a new Prime Minister, sustaining economic success becomes a critical mission.SINGAPORE: Singapore’s economic success now sees it wealthier than the United States, the United Kingdom, and France, Bloomberg highlighted in a recent feature, just as Lawrence Wong prepares to assume the role of Prime Minister. Maintaining this wealth and competitiveness will be …
Banking stocks lead the rally as DBS reports strong Q1 earnings, lifting market sentiment despite global headwinds.SINGAPORE: Singapore shares started Thursday on a positive note, with the Straits Times Index (STI) climbing 14.91 points, or 0.5%, to reach 3,307.6 as of 9:01 am, according to The Business Times.While the broader market saw 74 losers compared …
Mixed banking performance and global market pressures shape early trading session.SINGAPORE: Singapore stocks experienced a modest uptick on Monday morning despite subdued activity in global markets.According to The Business Times, the Straits Times Index (STI) rose by 3.56 points, or 0.1%, to reach 3,180.07 at 9:01 a.m. The broader market recorded 79 advancers against 36 …
Tackling inflation and economic challenges will define Lawrence Wong’s leadership transition.SINGAPORE: As Deputy Prime Minister Lawrence Wong prepares to take on the role of Singapore’s Prime Minister, addressing the rising cost of living is expected to be his top priority. Analysts and economists emphasize that tackling inflation will be crucial in maintaining public trust and …
Despite setbacks, roles in data science and cybersecurity bucked the trend with notable salary increases.SINGAPORE: A recent report by NodeFlair revealed that tech jobs in Singapore experienced widespread salary declines in 2023, marking a shift from the sector's prior growth trajectory. The downturn, attributed to a regional dip in tech funding, impacted numerous roles across …
Newcomers bolster Singapore’s presence on the list as Li Xiting retains his top spot despite a decline in net worth.SINGAPORE: The Forbes 2024 list of the world’s wealthiest individuals features a record-breaking 39 Singaporeans, up from 35 last year. This rise reflects a growing representation of Singapore’s business elite among the global ultra-wealthy.Globally, the 2024 …
SurveyMonkey and CNBC reveal Singapore leads global optimism in financial security and economic stability.SINGAPORE: A recent survey conducted by SurveyMonkey in collaboration with CNBC shows that 78% of Singaporeans trust the government to provide financial support during retirement, the highest among nine countries surveyed. This confidence also extends to Singaporeans’ optimism about the direction of …
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