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Archive for the ‘Business’ Category
China picks SGD as 9th currency to directly trade against yuan

China picks SGD as 9th currency to directly trade against yuan

Singapore and China trade relations to get a boost (October 27, 2014)   The China Foreign Exchange Trade System (CFETS) has said that the People’s Bank of China has approved direct trading of the Singapore dollar against the Chinese yuan on the interbank market. Analysts say that the move will help China to diversify... 

Singapore Still Going Down Budget Route With Tiger

Singapore Still Going Down Budget Route With Tiger

(October 23, 2014) – Singapore Airlines is injecting more cash into Tiger Airways, illustrating its resolve to persevere in the low-cost segment after the budget affiliate bowed out of three regional markets. The flag carrier plans to have Tigerair cooperate more closely with its medium- and long-haul budget airline Scoot,... 

Falling Singapore sales ‘causing agents to leave sector’

Falling Singapore sales ‘causing agents to leave sector’

(29 July)    With new home sales set to drop to half their decade average, agents are being forced to leave the industry or diversify into overseas property or other sectors, it is claimed. As new homes sales plummet in Singapore, some residential agents are leaving the industry and others are turning to other sectors, including... 



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