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Archive for the ‘Snippets’ Category
Four Indians nationals jailed for fraud in Singapore

Four Indians nationals jailed for fraud in Singapore

(Oct 15, 2014) Four Indian nationals in Singapore were Wednesday given jail terms ranging between three and four years for fraudulent Goods and Services Tax (GST) tourist refund claims of about $570,000. They were ordered to pay penalties equivalent to three times the amount of tax undercharged, The Strait Times reported. Sundar... 

Why Singapore graduates aren’t getting the right jobs

Why Singapore graduates aren’t getting the right jobs

http://stats.mom.gov.sg/Pages/Unemployment-Summary-Table.aspx (16 Oct 2014)       A university degree may no longer be the golden ticket to an ideal job in Singapore amid a growing pool of degree holders and fast-changing economy. Singapore's unemployment rate stood at 2 percent in the April-June period, well below the... 

Economic Growth in Singapore Remains Lackluster

Economic Growth in Singapore Remains Lackluster

(Oct 15 2014)  Real GDP in Singapore rose a bit more than expected on a sequential basis in Q3, but the year-over-year rate of growth remained sluggish. Weakness in construction was a main headwind.  GDP Growth Remains Relatively Subdued Recently released data show that real GDP in Singapore grew at an annualized rate of... 



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