PM LEE'S CHINESE NEW YEAR MESSAGE

Wuhan virus so far does not appear to be as deadly as Sars: PM

SINGAPORE is well prepared to handle the fight against the Wuhan virus, said Prime Minister Lee Hsien Loong, highlighting that the country has been gearing up for such a situation ever since the Sars outbreak in 2003.

Global FDI flat in 2019, but surged 42% in Singapore: UN report

FOREIGN direct investment (FDI) flows into Singapore surged 42 per cent while the flows to its traditional rival Hong Kong were halved in 2019, when global FDI was flat against a backdrop of a weak global economy and trade tensions

MOM raises penalties for unfair hiring practices; firm charged over false declaration

THE Ministry of Manpower (MOM) has upped the penalities for unfair hiring, even as an employer has become the first to be accused in court of making a false declaration following a probe into the company's allegedly discriminatory hiring.

Watches - Rat Pack

The clever and optimistic animal adorns new timepieces

Watches - Second Hand Luxury

Watchbox takes the pre-owned watch business to a new level

OUTLOOK 2020

A more upbeat scenario for Singapore job market

THE job market for 2019 has turned out to be better than predicted - and many private-sector economists and recruiters are looking at stepped-up hiring in the year ahead, with real salary hikes for 2020 expected to surpass this year's.

Singapore ranks 3rd in index measuring readiness for online shopping

SINGAPORE came in third out of 152 economies in a United Nations business-to-consumer (B2C) e-commerce index that measures an economy's readiness for online shopping.

The Christmas Issue

Watch Out For Christmas

NO, VIRGINIA. THERE will be no Rolex Daytona or ‘Pepsi’ in your Christmas stocking this year. Not unless you have a fairy godmother who can pull some strings with Santa Claus. But, there’s no reason to sulk, because there are other surprises that await. How about the new Rolex OysterPerpetual...

Iswaran rolls out S$20m fund, partnerships to boost media hub status

COMMUNICATIONS and Information Minister S Iswaran on Wednesday rolled out a S$20 million fund as well as more partnerships to develop content and groom talent that will further boost Singapore as an Asian media hub.

Top media leaders in panel to advise Singapore

THE Singapore Media Festival unveiled a panel of international advisers on Monday which boasts some of the biggest names from the media industry, including Gong Yu and Chatri Sityodtong, founder of iQIYI and ONE Championship, respectively.

ENTERPRISE TRANSFORMATION AWARD

Watching out for the next high-tech solution in security

CLOUD and wireless systems are almost as common these days at the workplace as filing cabinets and fax machines once were. It was a different story 10 years ago when security provider Ademco Security Group adopted them.

Heavy Metal

WHEN YOU ARE a brand used to making your own movements, including those for complications like tourbillons and minute repeaters, how difficult can it be to make metal watch bracelets?

Winning Bids

GENEVA SAW ITS biggest watch auction last week, when 50 unique timepieces were sold, raising a record 38.59 million Swiss francs (S$53.25 million) – against CHF9.29 million in 2017 – at the biennial Only Watch charity event presided by Christie’s.

SINGAPORE ECONOMY

2019 growth forecasts for NODX, trade pared back

AS NON-OIL domestic exports (NODX) tumbled for a fourth straight quarter in July-September, the government has further trimmed its 2019 growth forecast for the NODX to -10.0 to -9.5 per cent from a year ago.

Singapore trade and NODX growth forecasts trimmed after further declines in Q3

NON-OIL domestic export (NODX) growth and total trade continued to fall in the third quarter, prompting the government to further trim its NODX and trade forecasts for 2019 to -4.5 to -4.0 per cent and -10.0 to -9.5 per cent respectively.

Higher Q3 GDP growth seen with electronics 'recovery underway'

SINGAPORE'S exports dropped by an unexpected double digit in October, but a bottoming electronics sector has prompted private-sector economists to adjust upward their growth forecasts for gross domestic product (GDP) in the third quarter.

Singapore non-oil exports sink 12.3% in October; worse than expected

SINGAPORE'S non-oil domestic exports (NODX) fell for an eighth straight month in October, posting a 12.3 per cent year-on-year drop, according to figures released by Enterprise Singapore.

WATCHES

Scoring A Hattrick

THIN IS IN where the watch industry is concerned, as the Grand Prix D’Horlogerie De Genève (GPHG) gave its top 2019 honour to Audemars Piguet’s Royal Oak Selfwinding Perpetual Calendar Ultra-Thin.

Exceptional Timepieces

WATCH BRANDS HAVE been busy of late, rolling out limited edition timepieces to mark everything from anniversaries of iconic models to the upcoming lunar new year.

Temasek sets 2030 target for its portfolio to halve greenhouse emissions

RISING to the challenge of global warming, Temasek Holdings will report on its usage of water, paper, electricity and air miles starting this financial year - and its chief executive Ho Ching has asked other businesses to do likewise by the next financial year.

Ho Ching urges others to join Temasek to report on electricity, transport usage to fight global warming

BUSINESSES should rise to the challenge of global warming – and the chief executive of Temasek Holdings has asked them to join the Singapore state-owned investment company to take the first step by reporting on their electricity and transport usage from the next financial year.

Singapore among worst hit by investment cutback after US tax reform

ONE year after the 2017 US Tax Cuts and Jobs Act (TCJA) kicked in, Singapore is the biggest hit among US major investment destinations, according to figures released recently by the US Department of Commerce.

Lange's New Family

WILHELM SCHMID HAS spent the last eight years managing five watch collections started by his predecessors at A Lange & Sohne. But patience has its virtues, as the CEO of the German luxury label finally has a collection that he can be personally associated with.

Hues Of Time

Along with a flyback chronograph and a GMT, the dark grey Regatta pre-start countdown watch complies with the new colour code of Luna Rosa, the Italian team of the America’s Cup yacht race.

Singapore to stay nimble in its global strategy by keeping digital trade open: Iswaran

SINGAPORE is working actively with like-minded trade partners to put in place clear and harmonised rules as well as mechanisms for collaboration to promote digital trade and keep the cross-border flow of bits and bytes free of interference.