Latest News

SPRING Singapore to provide more help for SMEs

SPRING Singapore plans to assist more than 20,000 small and medium sized enterprises (SMEs) every year from 2012.

This will be carried out through their Enterprise Development Centres (EDCs).

Last year, EDCs provided business and productivity advisory services to 14,200 SMEs.

Among the services that EDCs provide is to help SMEs tap on the government's Productivity and Innovation Credit (PIC).

Cegos sets up Asia-Pac HQ in S'pore

French training organisation Cegos has set up its new Asia Pacific headquarters in Singapore. This adds to its existing Asia Pacific operations in China and Hong Kong.


The group trained over 200,000 managers internationally and achieved a turnover of $300 million last year.

Mazars wins IAB Award for "Audit Innovation of the Year"

Mazars is proud to have won the “Audit innovation of the Year” award, for its “Human Rights Audit” practice.

This award recognizes the practice which has made a major, demonstrable impact on audit quality and client service. Judges considered the following criteria:


Singapore welcomes 14.5 million tourists in 2012

The Singapore Tourism Board (STB) forecasts S$23 to S$24 billion in tourism receipts and 13.5 to 14.5 million visitor arrivals for 2012 at the Tourism Industry Conference today. STB also urged more than 800 industry partners at the event to come together to compete at a new level, and drive towards quality tourism.

Company Name Change from Dualexpat to Equipaje

Since March 1rst 2012, the "expatriates career support activities" previously offered through Dualexpat are continued under the name of Equipaje.

Equipaje is an HR consulting firm, supporting MSC and start up deal with the HR aspects of their international development.  It's activities cover HR&Organization, International mobility, Training and coaching.

STB projects 10% increase in visitor growth this year

The Singapore Tourism Board (STB) expects more visitor arrivals for Singapore this year.

It has projected an increase of up to 10 per cent from 2011, at between 13.5 and 14.5 million arrivals, slower than the 13.8 per cent growth achieved in 2011. 

Second Minister for Trade and Industry S Iswaran gave this assessment at a tourism industry conference on Friday.

Passenger traffic at Changi Airport up 11.2% in Feb

Passenger traffic at Changi Airport increased 11.2 per cent year-on-year to 3.77 million in February 2012.

According to the Changi Airport Group (CAG), there was "strong travel demand across all regions" last month.

In particular, traffic between Singapore and the Middle East grew more than 20 per cent, while other regions -- the Americas, Europe, South Asia and Southeast Asia -- also increased by double digits.

S'pore retains triple-A rating from Moody's

Singapore has retained its triple-A rating from Moody's.

According to a statement from the credit agency, Singapore's Aaa rating is supported by a high level of economic resiliency that is derived from rapid economic growth, rising per-capita income, and strong institutions.

Singapore SMEs to create 15,000 new jobs by 2015

But despite this government-supported growth SMEs still face short-term hardships, says trade minister Teo Ser Luck.

The Singapore government handed out $98 million last year on upgrade projects for small and medium-sized enterprises (SMEs), and these will create a torrent of new jobs, yet the current business environment poses many pitfalls for failure.

Technip awarded an engineering contract for PETRONAS’ RAPID project in Malaysia

Technip has been awarded a front-end engineering design (FEED) contract by PETRONAS for its proposed Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia.

RAPID aims at building a world-scale integrated refinery and petrochemical complex to answer the growing need for specialty chemicals and to meet the demand for petroleum and commodity petrochemical products in the Asia Pacific region by 2016.

Nestle to invest more than S$5.5m to strengthen R&D base in S'pore

Swiss food and beverage giant Nestle celebrates its 100th year in Singapore.

A century on, 95 per cent of of all Singaporean households still have at least one Nestle product in their homes.

Brands such as Milo, Nescafe and Maggie continue to be staples in many Singaporean households, but Nestle said it has to keep up with customers through innovation.

The company plans to invest more than S$5.5 million to strengthen its R&D base in Singapore.

Singapore, Seventh Destination for Air France’s A380 this Summer

On 1 April 2012, Air France will start operating an Airbus A380 on the Paris-Charles de Gaulle-Singapore route for the first time. This first commercial flight will be followed by regular services three times a week from June to the end of October 2012.

On departure from Singapore, Air France is offering 38 weekly code-share connecting flights with Qantas to five destinations in Australia: Sydney, Melbourne, Brisbane, Perth and Adelaïde.