Barclays has let go some of its employees in Singapore, part of the global job cuts the British bank is reportedly conducting. Media reports overnight said that Barclays is cutting over 1,000 jobs worldwide, of which 230 will be in Asia as the bank scales down its regional operations.
City Developments' outgoing chief financial officer (CFO), Ms Goh Ann Nee, has been appointed the new CFO of Raffles Medical Group. Her appointment will take effect from Feb 1, Raffles Medical said in a filing to the Singapore Exchange on Thursday (Jan 21).
Singapore's office landlords are among the world's most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners' misery could keep compounding.
The biggest challenge family businesses in Singapore face is attracting talent, according to a new survey. PwC and the Singapore Chinese Chamber of Commerce and Industry (SCCCI) said in a new report released on Thursday that 64.7 per cent of family businesses here find talent attraction a difficulty.
Otto Marine said on Thursday (Jan 21) that its wholly owned unit Go Offshore has entered into an agreement with a "world-renowned" port operator to become its preferred provider for marine or offshore vessel services for its worldwide projects.
Christine Lagarde picked up nominations from across Europe for a second term as leader of the International Monetary Fund as part of a selection process that member nations intend to complete by early March. Germany, France and the U.K. all came out for Ms Lagarde, whose current term ends on July 5.
Bank of Japan governor Haruhiko Kuroda said he is not thinking of adopting a negative interest rate policy now, signalling that any further monetary easing will likely take the form of an expansion of its current massive asset-buying programme.
The mammoth Trans-Pacific Partnership (TPP) trade deal will be formally signed in New Zealand next month, marking the end of negotiations on the agreement, officials in Wellington said Thursday (Jan 21).