Singapore
It's clear why Changi took off
It’s thirty years since a former air force base on the eastern tip of Singapore was transformed into an airport that is one of the world’s favourites. Surveys of passengers and air travel professionals tell a story that Singaporeans can be proud of: Changi consistently comes top, or near the top, of the league tables.
It's clear why Changi took off
It’s thirty years since a former air force base on the eastern tip of Singapore was transformed into an airport that is one of the world’s favourites. Surveys of passengers and air travel professionals tell a story that Singaporeans can be proud of: Changi consistently comes top, or near the top, of the league tables.
SingTel roaming black out in Hong Kong
Frustrated SingTel customers in Hong Kong have been unable to roam for most of Tuesday.
Singapore Airlines versus Tiger Beer – why brands are admired or not in Singapore
Why is Singapore Airlines the most admired brand in Singapore and yet Tiger Beer is only 83rd? Tiger Beer seems to have a marketing problem. Anyone who has seen one of their adverts or been to one of their numerous events will have seen several different creative executions appealing to very different target audiences. Half the adverts feature international expats and half the adverts feature Singaporeans. Never do the two meet. The football adverts are very focused on expats whereas the getting together to share the Tiger experience always appear to be focused at Singaporeans. However both groups see both sets of creative and therefore must wonder why they are sending out different messages to different people. The football adverts will also have turned off half the targeted audience as they featured Wayne Rooney who people either love or hate and is not especially admired by anyone, prostitutes and Alex Ferguson aside. I always think that events are a poor man’s way of marketing, they don’t actually reach many people (only the people attending or those who see it in the press – if its featured which they mostly are not as media see right through them as being cheap marketing stunts) and are a very high cost per customer’s opportunity to see/experience. They are mostly to satisfy marketing director’s egos or board of director’s whims to make them feel good about their brand. They are surrounded by people who love the brand….but there aren’t many of them and they don’t reflect the broader spectrum of customers so they get a skewed view of how well the marketing and brand are going down. Tiger do a lot of events which might explain why they are not especially admired in Singapore. They think they’re doing a great job because that’s what they get told at events whereas the wider public disagrees but the directors never get to hear their views. The Tiger Translates series of events and art inspirations really contradicts the football and male focus of the main marketing. It’s almost as though Tiger are marketing a different brand through Translates that they are trying to appeal to a different audience through. To most people it’s confusing. It can’t be both arty and football focused and when one target audience sees the other side surely that sends different messages and then turns a customer off rather than enhancing their brand affinity? I wonder if the introduction of Tiger Crystal through high end bars and not available at retail is an attempt by Tiger to become more aspirational and admired. If so they will have to compete with the historical fact that Tiger was given away (and I think still is), to the Singapore Army free so was always viewed as being a working man’s beer and a staple to get through the day rather than an aspirational brand. Considering the massive amounts of money that Tiger spends in Singapore and globally marketing itself, the fact that this is its home and you see the brand everywhere and it is locally recognized as being a global standard bearer for Singapore I would have thought it would be more admired. But trying to be all things to all men in its marketing has clearly confused its brand values. It’s meowing rather than roaring! Singapore Airlines on the other hand is very Singaporean. They do what they say they will but nothing more and nothing less. They are not risk takers in their marketing or in their product and service delivery. They are a polished brand that make you feel good when you travel with them. But they are not exciting or thrilling or even especially adored or that people can get passionate about. They are admired for all the reasons of quality of service and customer experience that you would imagine from a 5 star airline. But I wonder whether they are admired as you admire your Uncle or Aunt for setting up their own consultancy or chartered accountancy firm nor admired as you might passionately admire a famous footballer who scores an amazing goal or a rock star that delivers a heartbreaking song so passionately you feel his pain and relate to the experience. Nike, Apple, Google deliver excitement, wonder and passionate admiration and yet they were all beaten by Singapore Airlines in the most admired list. Is that because Singapore citizens prefer safe to exciting, trusted to thrilling, emotionless to passionate?
Singapore’s working age population to contract by over 330,000
The world’s working-age population will increase by over a billion people over the next 20 years, but all growth will come in developing economies while at the same time the developed world will see its workforce shrink and age. In Singapore, the working age population will fall by 338,000 people by 2030.
Mature-age workers can address the skills-gap in Singapore
As Singapore’s economy grows, the demand for an available and experienced talent pool continues to increase. According to the Ministry of Manpower (MOM), 115,900 new jobs were added to the local labour market in 2010. Industries like financial services, manufacturing and healthcare have openly acknowledged they are facing a critical skills shortage.
Islamic Bank of Asia appoints Toby O'Connor as CEO
He will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity.
SMOE emerges as frontrunner for US$1bln topside project
The contract from PTTEP could potentially lift Sembcorp Marine's YTD orders to about S$2.0bln.
Leela Nair named SMA 2011 Chairperson
MindShare Singapore's Managing Director, Leela Nair, will replace Peter Diermayr.
PM says wage increase has a hidden risk
Should built-in wages grow too much and too fast, Singapore would generate a wage-price spiral that feeds inflation, said PM Lee.
Skal International Singapore appoints Andrew Chan as president
Chan was officially installed at a function taking place at the Pan Pacific Hotel Singapore last week.
URA launches tender for industrial site at Woodlands Avenue 12
The industrial site is one of the four industrial sites to be released for sale under the Confirmed List of the 1H 2011 Industrial Government Land Sales Programme.
SMRT to invest S$300mln for fleet expansion in 2012
The acquisition of 17 new trains is part of the huge capex the transportation services company will undertake next year.
SingPost FY11 net profit down 2.4%
The company's earnings shrunk to S$161.0mln despite a 7.7% rise in revenue to S$565.5mln.
Government payout to swell by 50% in 2011
The government will make special efforts to help low income worker through the Workfare Special Bonus.
Hiring freeze in 2Q11 for 82% of services sector firms
The financial and insurance industry forecasts the highest growth in employment with 38% while 10% in the retail trade industry expects the level of employment to decrease.
83% of services sector firms see a ho-hum 2011 ahead
The 17% who view a favorable second quarter is smaller than the net weighted balance of 36% registered in the same period of the previous year.
Pirates hijacked Singapore-registered vessel MT Gemini
The chemical tanker with 25 personnel on board is believed to have been hijacked off Kenyan waters and heading towards Somalia.