…Pace of globalisation ‘will put social contract under pressure’: PM Lee
SINGAPORE – The pace of the global economic transformation will put the social contract in developed countries – including Singapore – under pressure. And governments have to deal with the challenge of “preparing young people to cope with the future world…
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Factory output surge offers silver lining for Singapore economy
SINGAPORE – Manufacturing output in September grew at its fastest pace in more than two years as both the biomedical and electronics clusters sizzled, surprising analysts, who say the unexpected surge raises prospects of an upward revision to third-quarter…
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Failure to ratify TPP will be a big blow to US, says PM Lee
SINGAPORE – A failure by the United States to ratify the Trans-Pacific Partnership (TPP) trade pact will be a big blow to America and its credibility, said Prime Minister Lee Hsien Loong, who added that the US ratification now seemed unlikely to be done by…
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NUSS’ Bukit Timah Guild House to close in March
SINGAPORE – The National University of Singapore Society (NUSS) will cease operations at its Bukit Timah Guild House in March next year, after the National Parks Board (NParks) said it will not be renewing its lease.
The two-storey restored colonial bungalow…
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M.A.S. working to beef up expertise on cyber risk insurance
With the demand for insurance against cyberattacks growing in recent years, the Monetary Authority of Singapore (MAS) is working with industry players and academics to beef up expertise to underwrite such risks, said Second Finance Minister Lawrence Wong…
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Republic loses mantle as the world’s easiest place to do business
SINGAPORE – After an unbroken 10-year streak, Singapore has lost its coveted status as the world’s easiest place to do business in, an annual World Bank study showed.
In the latest Doing Business report, Singapore was ranked second, behind New Zealand. The…
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Works on dTL3, Thomson line, progressing well
Construction works for Stage 3 of the Downtown Line (DTL3) and Thomson-East Coast Line (TEL) are progressing well, said the Land Transport Authority (LTA) yesterday, in an update on the various initiatives to expand and improve the train system….
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Singapore FM calls on Vietnam PM
Dr Vivian Balakrishnan and Vietnamese Prime Minister Nguyen Xuan Phuc noted the regular high-level political exchanges between the two countries, Singapore’s Ministry of Foreign Affairs says.
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Woman arrested over serial rental scams in Toa Payoh
After collecting rental deposits of up to S$700 from victims who responded to her advertisements on Facebook, the suspect became uncontactable, police said.
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