In The News

Small companies good fit for S'pore

THE usual image of Swiss businesses in Singapore is that of large corporations usually in the biopharma or chemicals sectors. Swiss-based precious metals refiner Metalor Technologies opened its new refinery in Singapore officially in June. The arrival of large Swiss companies was the first wave of investments. But there is now a shift towards a greater diversity of Swiss companies coming to...


Emerging economies to grow at 5% over next 5 years: IMF

THE growth rate of emerging economies in Asia and elsewhere is set to slow to 5 per cent on average over the next five years compared with rates nearer 7 per cent in the run-up to the 2008 global financial crisis, the International Monetary Fund (IMF) said yesterday. This lasting slowdown from former growth peaks threatens to have an adverse "spillover" impact on recovery in advanced economies,...


The port: Singapore's reason for existence

IN any story of modern Singapore, the port cannot be ignored. The city of Singapore was built around the port, and in the 1960s and 1970s, the port was still a key driver of Singapore's economy. Even as urbanisation went full speed, it was not neglected: one of the development agencies formed in the 1960s was the Port of Singapore Authority, established in 1964 to oversee the development of the...


S'pore: the right place for dispute settlement

FOLLOWING the surge of investment and development in Asian countries in recent years, international commercial arbitration as a form of dispute resolution has also gained significance in Asia, and the stage looks ready for an increased level of claims involving investors and states. This article observes how the investment treaties of Asean member states facilitate investor-state dispute...


MAS posts S$15.8b net profit, boosted by forex gains

THE Monetary Authority of Singapore (MAS) has posted net profit of S$15.8 billion, aided by foreign exchange gains, for the year ended March 31. For the previous year, MAS had run up a net loss of S$10.61 billion on translation effects from the stronger local unit. In its 2013/2014 annual report released yesterday, MAS said that it holds foreign assets as reserves for the conduct of monetary...


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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.
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