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Archive for the ‘Business’ Category
Singapore may suffer from its neighbours’ currency perils

Singapore may suffer from its neighbours’ currency perils

(11 Sep) – Singapore, a hot spot for tourism in Southeast Asia, may begin to feel the heat of the currency turmoil afflicting neighboring economies as the cost for regional visitors to vacation in the island nation skyrockets. The Indonesian rupiah, Malaysian ringgit and Indian rupee have tumbled between 4 and 14 percent... 

Singapore’s volatile data stump professionals

Singapore’s volatile data stump professionals

(4 Sep) – Last month, Singapore’s government announced the economy grew 3.8% on-year in the second quarter. But as late as June, economists polled by the city-state’s central bank were predicting growth of just 1.5%. Economists got it wrong on exports too: They predicted a nearly flat print in the second quarter, when... 

Lenovo CEO shares $3.33 million bonus with workers

Lenovo CEO shares $3.33 million bonus with workers

Lenovo Group Limited Chief Executive Officer Yang Yuanqing speaks during a press conference. Lenovo Group, the biggest personal computer maker, said Chief Executive Officer Yang Yuanqing will share at least $3.33 million (US$3 million) of his bonus with workers for a second straight year after posting record sales. About 10,000... 



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