Rolling out the ITMs is only the first step of the slog

ONE item on the Singapore Chinese Chamber of Commerce and Industry (SCCCI)'s wish list for Budget 2018, to be unveiled in Parliament on Feb 19, is this: More government money to help carry out the Industry Transformation programme...

India, S'pore can clone India's digital miracle in Asean: envoy

DIGITAL power is doing a lot of good for India - improving government services, empowering the weak and marginalised, connecting people to more productive work, firing up the entrepreneurial spirit and revolutionising the financial system, says its high commissioner to Singapore.

India, Singapore can clone India's digital miracle in Asean: India High Commissioner

INDIA'S High Commissioner to Singapore, Jawed Ashraf, said on Friday that India and Singapore can partner to replicate the digital transformation that's changing India for the better in Asean...

Blast From The Past


Time to look back

IWC Schaffhausen turns 150 next year. These are the 10 timepieces that define its heritage

Ode to the past

LIKE ANY ELDERLY PERSON who cherishes old keepsakes, IWC Schaffhausen is celebrating its 150th birthday next year by resurrecting a pocket watch it created in 1886.

A Crystal Clear Lucky Strike

JUDGES AT THE Grand Prix d' Horlogerie de Geneve (GPHG) literally could not believe their ears when they listened to Chopard's chiming timepiece, the LUC Full Strike. The sweet, crystal clear sound of the minute repeater so enthralled them that they awarded it with the watch industry...

Timely Good Deed

IT'S NO SURPRISE that Patek Philippe's Reference 5208T was the single biggest fund raiser at last Saturday's Only Watch biennial charity auction, accounting for over half of the total haul of 10.8 million Swiss franc (S$14.8 million). The money goes to research into a cure for...

FDI income between US, S'pore down in 2016

DESPITE pumping more money into factories and offices, Singapore firms in the United States and US multinational corporations (MNCs) in Singapore saw their investment incomes fall in 2016.

SMEs still facing 'very big' hurdles in export markets, says WTO director-general

IN the digital world, the level playing field for big and small companies is supposed to be flat. In reality, small and medium enterprises are still handicapped as ever and face, according to Roberto Azevedo, director-general of the World Trade Organization, "still very big" hurdles in...

Time to grow

Why would Hermes want to sell watches when people only lust after its leather bags? Even when they buy a Hermes watch, it's more because of the Hermes alligator strap that comes with it...

Spreading it out

Instead of cramming all their major new launches for the year at industry mega exhibitions, many of the brands owned by Richemont and Swatch are spreading out their 2017 releases.

Ageing private home owners want ability to cash out on houses

SINGAPORE'S ageing population offers developers opportunities to build private senior homes despite challenges, according to a report by Edmund Tie & Company Research...

Playing for time

WHEN IT COMES TO HERMES, nothing gets the adrenaline rushing more than bypassing a waitlist to get your hands on a prized Birkin, or at least a Kelly bag. But while you were waiting for the opportunity, you could have kept track of time with yet another coveted Hermes object - which you may not...

Singapore among top performers in new ADB regional integration measure

SINGAPORE is among the top performers in the Asia-Pacific Regional Cooperation and Integration Index, a new measure of the progress of regional cooperation and integration in the region.

S'pore imports of Swiss luxury watches spike 90% in Sept

SWISS watch exports to Singapore surged 90 per cent in September from a year ago, making the island Republic the biggest importer of luxury timepieces that month - after Hong Kong and the United States.

Time for some more beauties

Like a child waiting for Christmas morning, watch lovers have always had to wait till January to find out what goodies that luxury brands would unveil at the Salon International de la Haute Horlogerie (SIHH) in Geneva, and in March at Baselworld in Basel.

September NODX stuns economists with reversal into contraction

AFTER four months of solid expansion, Singapore's exports stunned economists with a 1.1 per cent contraction in September, led by erstwhile star performer electronics...

High base, electronics drag September non-oil exports to 1.1% decline

SINGAPORE'S non-oil domestic exports (NODX) lost steam in September to post a 1.1 per cent decline after months of increase capped by a 16.7 per cent year-on-year surge in August...

Weak growth, trade holding back global capital spending

WEAK economic growth and trade trimmed foreign capital spending on new and existing factories and offices last year, but the cut was deeper for Singapore.

Singapore, Asia investors bank on US stocks in Q2 as others scale down

WHILE the rest of the world was winding down its shopping spree on Wall Street in the April-June quarter, Singapore investors, along with other major Asian investors, seemed to start picking up bargains.

MPA given powers to block purchase or disposal of stake in key entities

THE Maritime and Port Authority of Singapore (MPA) will now have the power to reject an acquisition or disposal of equity interest in key designated entities, if it deems they hurt the port's interests...

Fight against terror extends to improving building security

CRITICAL infrastructure, buildings with high traffic by members of the public and iconic buildings must now incorporate anti-terrorism security features into their design before they are built or renovated.

S'pore industrial parks abroad help local SMEs in global drive

SOME 240 Singapore companies, 70 per cent of them small and medium enterprises, have invested in Singapore industrial parks set up in emerging growth economies like China, India and Vietnam.

Making time for the ladies

WHEN PATEK PHILIPPE unveiled its Ladies' First Chronograph in 2010, it wasn't trying to make a move on the women's market segment. The 178-year-old Swiss luxury watch brand was merely "reinforcing" the fact that it's been serving the ladies since it started business in...