Consumer confidence looks to have improved marginally in Singapore, but uncertainties continue to weigh on sentiments, the results of a recent survey showed. The latest ANZ-Roy Morgan Singapore Consumer Confidence Index inched up 0.2 points in November from October to 125.2 points this month, which was also 4.3 points higher compared with a year ago.
Swiss bank UBS has named Mr Edmund Koh as head of UBS Wealth Management Asia Pacific. The 55-year-old is the first Singaporean to hold the post. Mr Koh joined UBS in early 2012 after more than 20 years in the Asian financial services industry.
More businesses felt this year that government agencies regularly reviewed regulations and were transparent in administering them, according to a survey. The score of the annual Pro-Enterprise Ranking survey was 76.4 this year, up from 74.2 last year.
Newly-elected KLW Holdings independent director Lim Jit Siew has been removed from his position of chief financial officer at Datapulse Technology. Mainboard-listed Datapulse said Mr Lim had been removed from the post, with effect from Tuesday (Nov 24), for "breach of his employment contract" and "misconduct".
GIC, manager of more than US$100 billion (S$140.6 billion) of Singapore's reserves, is "underinvested" in property and is interested in transactions of scale, said GIC Real Estate president Goh Kok Huat.
The mentally draining task of faking one's emotions to adhere to certain workplace policies, such as giving customers "service with a smile", can make supervisors more abusive to their subordinates, according to research by the National University of Singapore (NUS).
The Malaysian ringgit continued on its strengthening path on Wednesday (Nov 25), riding on improving oil prices that brightened up the oil exporting country's economic outlook. As a result, ringgit gained around 0.4 per cent on Wednesday to 2.9923 per Singapore dollar by 10:30am, with the Singdollar dropping below 3 against the ringgit for the first time in over a month. The Singapore dollar last closed below 3 against the ringgit on October 13 at 2.9843.