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The median household income from work among resident employed households in Singapore rose to S$8,846 in 2016 from S$8,666 in 2015, up 2.6 per cent in real terms, Singapore's Department of Statistics (DOS) said on Thursday.
Internationalisation has become the key engine of growth and transformation for Singapore companies, International Enterprise (IE) Singapore said on Thursday.
Malaysia's MyHSR Corporation Sdn Bhd and Singapore's Land Transport Authority (LTA) have awarded the joint development partner contract for the Kuala Lumpur-Singapore High Speed Rail project to the consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.
DBS Group Holdings Ltd chief executive officer signalled that the bank may be past the worst of its problems from loans to troubled oil and gas-services companies.
Exxonmobil, which owns the largest refinery in Singapore, is expanding the facility to increase the production of base oil, which is used to manufacture lubricants.
The Prime Minister's Office announced on Thursday the appointment of Senior Counsel Hri Kumar Nair as deputy Attorney-General.
With less than a year to the January 1, 2018 implementation deadline, many Singapore firms have not started adopting the new revenue standard, EY said on Thursday.
The STI Today
After gaining almost 10 per cent since the start of the year, it is perhaps natural to expect the Straits Times Index (STI) to undergo some sort of pullback or "consolidation".