Singapore

Otto Marine clinched US$404m contracts in 1H14

It's looking to expand in other high-potential regions.

ST Aerospace Engineering bags $520m new deals in Q2

It redelivered 229 aircraft in just three months.

Daily Markets Briefing: STI down 0.1%

It's likely to climb to 3310 key peak.

What Singaporeans need to know about the 20-year-old GST

On 1 April 2014, the Goods and Services Tax in Singapore passed its 20th year in the statute books. Although GST was new to Singapore, it was not a new tax. Value Added Tax (VAT) had been in use in the European Union (EU) for almost 30 years by 1994, and Singapore was able to take advantage of best practices and the bitter experience of other countries in its design and implementation of the tax.

The weakest link: Sluggish manufacturing sector drags GDP in Q2

Services and construction sectors are also key culprits.