News

Singapore-based Facebook founder Eduardo Saverin joins board and invests in Singapore start up ADZ

Is this the next multi-billion dollar post facebook company that looks like it wants to kill Google’s ad business?

Singapore-based Facebook founder Eduardo Saverin joins board and invests in Singapore start up ADZ

Is this the next multi-billion dollar post facebook company that looks like it wants to kill Google’s ad business?

Is your boss trying to buy you off with free days off instead of cash for overtime ?

If so, you are not alone with companies employing this and other tricks to avoid paying employees more, read to see what else they are doing.

58% of Singaporeans with financial plans have more retirement assets

They have more than twice the amount of assets than those without financial plans.

Monthly sales of residential units slump by 12% to 1,575

Sales volume decreased significantly in the Core Central Region (CCR) with a 43% drop in May following April’s increase of 14%.

You’re hired: Total employment in Singapore rose by 28,300 in Q1 2011

Contract workers are getting a 10% premium over perm staff and bean counters are in high demand.

Singapore mobile ad market grew by 18% in 4 months

Oh, and Android crushed Apple over the last 4 months as the mobile ad market reached 139 mn monthly impressions, increasing by 119 mn  from January 2011, according to InMobi’s report.

Foreign Financial Talents name Singapore as their preferred workplace over Hong Kong

18% of finance professionals picked Singapore vs 14% for Hong Kong, but which Asia city was picked ahead of Singapore at 23%?

IT services in AsiaPac to grow by 6.6% to USD205 billion

And the market is rebounding with growth likely to top 9% in 2015, says Ovum.

IBM in danger of complacency, warns analyst

Oh, and the company is also "obsessed with financial results that cause it to fail," says Ovum.

SGX and 3 ASEAN exchanges boost trading interconnectivity

SunGard provides access to multiple markets via a single connection, which feeds real time data.

Investors continue to park cash in Asian funds

This as they pull cash out of emerging markets funds for the third week out of four, according to a global funds report.

ST Marine gets letter of claim for supposed breach of contract

Louis Dreyfus Armateurs is claiming approximately S$64m for damages.

Record job postings: Short-term recruitment freezes over

In Singapore, job advertisements grew by 22% quarter on quarter.

Global monetary conditions are abnormal: PM Lee

Does this mean QEII is a disaster for emerging markets ?

Gadget sales up by 17%

And affluent Singaporeans are at the forefront as LED TV sales jumped considerably by 34% last year to hit 38% of overall TV units being sold in Q1, says GfK Asia.