Singapore May factory output hit by weak external demand
Singapore's manufacturing sector slipped into contraction mode in May - for the first time since June last year. Factory output declined 2.5 per cent in May year-on-year, pulled down by drops in both the electronics and biomedical manufacturing clusters - PHOTO: ST June 26 (Reuters) - Singapore's May manufacturing output...
Singapore state investor remains positive on China banks
(8 Jul) - Singapore sovereign investor Temasek Holdings Pte Ltd [TEM.UL] said on Tuesday it intends to keep investing in Chinese banks even as it reported a slowdown in its portfolio growth due to a drop in the value of some of its bank holdings. Temasek, headed by Ho Ching, the wife of Singapore Prime Minister Lee Hsien Loong,...
2 firms suspended over Singapore’s ‘discount’ maids
(2 Jul 2014) The government has barred two foreign placement agencies from recruiting Filipino workers for their alleged involvement in the peddling of household service workers (HSWs) displayed in malls in Singapore, an official said yesterday. The Philippine Overseas Employment Administration (POEA) has suspended the...
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