In The News

MAS poll: 2014 GDP growth cut to 3.3%

[SINGAPORE] Economy watchers polled by Singapore's central bank have cut their 2014 growth forecast to 3.3 per cent, following a disappointing second quarter. But some economists warn that more downgrades could still come in, as the Republic grapples with restructuring pains amid a patchy global recovery. Professional forecasters, polled by the Monetary Authority of Singapore (MAS) from...


PM Lee opens S$950m Jurong Rock Caverns

[SINGAPORE] The Republic is determined to develop the petrochemical industry here despite its land constraints and the potential impact of a United Nations agreement on carbon emissions that is under negotiations. The petrochemical industry provides good jobs for Singaporeans and contributes significantly to the economy, making up a third of manufacturing output, said Prime Minister Lee Hsien...


Three-pronged way to boost productivity: Swee Say

LABOUR-INTENSIVE sectors which have not raised their game are a big reason the productivity drive has struggled to gain momentum in the past two years, labour chief Lim Swee Say said yesterday. Sectors such as construction and food services are not only lagging behind in productivity levels but are also increasing their share of the total workforce. These two factors have combined to pull down...


Local firm 'very close' to buying troubled Flyer

THE troubled Singapore Flyer is within touching distance of a new owner after months of operating under receivership. Sources told The Straits Times yesterday that Straco Corporation - a Singapore-listed company in the tourism business - is "very close" to inking a deal to buy the wheel, with an announcement expected in the coming days. Straco is no stranger to running prominent profitable...


O&M features strongly among S'pore's richest

EVEN though the shipping sector is facing major headwinds, it is still an industry that accommodates some of Singapore's wealthiest people.As many as six of the individuals on "Singapore's 50 Richest" list come from the shipping and related fields, including offshore, oil & gas and logistics services, having accumulated their wealth in these segments.The top shipping magnate on the list recently...


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HKTDC Hong Kong International Building and Hardware Fair

The 9th edition of HKTDC Hong Kong International Building and Hardware Fair, formerly HKTDC Hong Kong International Building and Decoration Materials & Hardware Fair, will be held from 29 October to 1 November 2014 in AsiaWorld-Expo, offering the ideal platform for international buyers to meet quality suppliers in the areas of building materials, hardware, architecture, and more. The BIM Day on 29 October 2014 and a new zone of Building Performance and BIM are available to reflect the latest trend of the industry, while the final day of the fair is open to the public, giving exhibitors the chances to gain insights into the consumer market. Please pre-register at www.hktdc.com/ex/hkbdh/101 to get a FREE admission badge by mail.
 

The 3rd Annual Commercial Building Architecture • Designing • Performance Summit (Green-CREP3)

The 3rd Annual Commercial Building Architecture • Designing • Performance Summit (Green-CREP3), organized by Linver Insights, co-organized by AIA (The American Institute of Architects) will be held on 12-13 November, 2014 in LANGHAM PLACE GUANGZHOU, with 350 delegates scale, and English and Chinese simultaneous translation service. Green-CREP3 set “New Concept, New Technology, New Experience, New Value” as a guideline.
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