Mainboard-listed Koh Brothers Group has secured a $1.12 billion project from Changi Airport Group (CAG), through an integrated joint venture with Samsung C&T Corporation, for development works on three-runway operations at Changi Airport.
Unemployment for Singapore citizens and permanent residents crept up in the third quarter of the year amid softer economic conditions, although total employment rose. The seasonally adjusted unemployment rate as of end September was 3.1 per cent for citizens and 3 per cent for all residents.
Singapore leapt six places from 2013 to top an index that ranks the business growth environments of the 60 largest economies in the world. Grant Thornton's Global Dynamism Index 2015 is based on data collected by the Economist Intelligence Unit, and measures a country's overall growth potential.
Poaching talent from other companies is more likely to happen in Singapore than in any other country, according to a survey by recruitment firm Robert Half. Seventy nine per cent of firms here have lost a good employee to a higher paying company during the last 12 months, the survey, released on Thursday (Oct 29), found.
Companies that make mistakes when filing their tax returns often do so because they fail to keep proper records and accounts, make wrongful claims or report inflated payments.
The biggest challenge to Singapore in the coming decades is not the question of its survival, but whether it will become a second-tier global city and irrelevant to the rest of the world, said a prominent thinker and businessman.
Gender equality at C-level positions is achievable by 2030, most senior level executives believe, but many companies do not have specific goals in place for reaching this goal, a new survey has found.
Sembcorp Industries said third-quarter net profit was hit by lower earnings in its utilities, marine and urban development businesses.
Deutsche Bank, Germany's biggest lender, announced Thursday it would cut 9,000 jobs and pull out of 10 countries in a new 3.8-billion-euro (S$5.85 billion) cost-cutting drive after it ran up record losses in the third quarter.