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Global Construction: Substantial geographic difference, high sensitivity to economic conditions, permanent credit risk

In the latest Coface report “Global Construction: Substantial geographic difference, high sensitivity to economic conditions, permanent credit risk”, the situation of companies in the construction sector closely reflects the world, regional and national economic trends. The construction sector was badly hit by the 2009 crisis and a large number of payment incidents were still occurring in 2011.

SMEs expected to contribute over S$4b over next 3 years

Small and medium-sized enterprises (SMEs) are not slowing down in upgrading their businesses, according to a review conducted by SPRING Singapore last year.

Despite the hazy economic outlook, SMEs are expected to generate over S$4 billion worth of new business activity for the economy in the next three years.

The 2011 report card for SPRING Singapore looks pretty solid. The enterprise development agency assisted over 12,000 SMEs through its Enterprise Development Centres (EDCs).

The FCCS Members’ Directory 2012 is out!

The unique reference for people interested in doing business with or within the French Business Community in Singapore

Our network in 2011: - 450 Company Members - 25 Patron Members

We are glad to announce the release of the French Chamber of Commerce in Singapore (FCCS) Members’ Directory 2012. 

PayrollServe partners ADP to provide ADP Streamline to MNCs

ADP is one of the world's largest providers of business outsourcing solutions, with nearly $9 billion in revenues and over 585,000 clients*. Leveraging nearly 60 years of experience, ADP offers a wide range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use, cost-effective solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world.

Singapore's manufacturing output up 12.6%

Singapore's manufacturing output rose more than expected in December 2011, after a surge in activity in the biomedical sector.

Manufacturing output jumped 12.6 per cent from a year ago, the Economic Development Board (EDB) said Thursday.

Orange confirms leadership in French cloud computing market with over 3,600 customers to date

  • Robust growth in customer portfolio in 2011 energized by success of Flexible Computing Express and Cloud Pro offers, validating the value provided by a telecoms operator such as Orange as cloud partner
  • Presentation of Galerie Video, the world’s first VPN hub for video sharing across the enterprise
  • Signing of two major contracts for cloud-based unified communications, with Danone and Ondeo IS

Watch "Hearts and Crafts: The People that Make Hermès" on your next Singapore Airlines flight

"Hearts and Crafts", a documentary which celebrates the passion, skill, and the savoir-faire at the core of Hermès takes to the skies this February and March 2012. 

A never-before-seen look at the hearts and hands that have built Hermès, this standout portrait of crafts and excellence makes its in-flight debut onboard Singapore Airlines, Air France, Air Canada, Korean Air, and China Airlines. 

CBD Grade A office rents fall 1.6%

The average rent was at S$8.93 per sq ft per month in the fourth quarter of 2011.

Colliers International reported:

In 4Q 2011, overall Central Business District (CBD) Grade A office rents declined by 1.6 per cent quarter-on-quarter (QoQ) to average at S$8.93 per sq ft per month.

Singapore to reign as regional medical hub

In good times or bad, the demand for healthcare in Singapore will continue to increase as its growing population ages.

To meet the increasing healthcare needs of the population, the government is tapping more on private healthcare resources. One example is the recently introduced Community Health Assist Scheme which will allow 710,000 Singaporeans to enjoy government subsidies when they visit private GPs and/or dentists.

S'pore attracts record investment commitments in 2011: EDB

Singapore attracted record investment commitments in 2011 despite the challenging global economic environment, said the Economic Development Board (EDB).

Data released at its annual Year-In-Review briefing showed that total business spending less depreciation was S$7.3 billion, up 1.4 per cent from its previous record year in 2010. 

Total business spending less depreciation refers to the adjusted annual operating expenditure of a project once it is fully implemented. 

Singapore's NODX up 9% on-year in December

Singapore's Non-Oil Domestic Exports (NODX) grew by 9.0 per cent on-year in December 2011, following a 1.4 per cent increase in the previous month.

On a month-on-month seasonally adjusted basis, NODX grew by 16 per cent in December, following the previous month's 5.8 per cent expansion, due to the rise in non-electronic NODX that outweighed the contraction in electronic NODX.

Mediakeys Singapore is officially a member of the Singapore Advertisers Association (SAA) and The Institute of Advertising (IAS)

Mediakeys is now glad to announce its affectation as an official member of the Singapore Advertisers Association (SAA) and the Institute of Advertising (IAS).

Mediakeys Singapore was recently invited to participate at the Cannes Lion Awards event. One of the most important events, in the World of Advertising organized in Singapore by Singapore Advertisers Association.

Also, we are pleased to take part in the Institute of Advertising in Singapore as an official member.