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...

S'pore has more US investments than China-Japan combined

US multinational corporations have more money sunk into Singapore than in China and Japan combined, according to the latest data released by the US Department of Commerce.

Four agreements inked to lift Singapore-Hungary economic ties

THE "modest" economic relations between Singapore and Hungary may soon see some uplift, thanks to four Memoranda of Understanding (MOUs) inked here on Wednesday...

Prepare workplace for terror attack, Singapore companies urged

SAFETY and health at the workplace will soon take on a larger meaning. So will the regular fire drill.

Singapore rolls out guidelines on dealing with terrorist attacks at the workplace

DEPUTY Prime Minister Teo Chee Hean this morning rolled out guidelines on what to do at the workplace in dealing with terrorist attacks.

Time to make a statement

WHICH will be the top 15 watch creations in the 2017 Grand Prix d'Horlogerie de Geneve (GPHG)? From 181 competitors, judges have narrowed down the list to 72 which will vie for the watch industry's equivalent of the Oscars, especially the prestigious "Aiguille d'Or" Grand...

August's NODX surge signals strong Q3 economic growth

STRONG trade data in August is likely to point to vigorous third-quarter growth in the economy, but not beyond that, some private-sector economists have predicted.

Singapore non-oil exports surge 17% in August

NON-OIL domestic exports (NODX) surged 17.0 per cent year on year in August, more than doubled the 7.6 per cent gain in July, trade promotion agency International Enterprise Singapore reported on Monday morning.