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S'pore: Asia-Pac's 4th fastest growing visitor destination

Singapore is poised to become the fourth fastest growing tourism spot in Asia Pacific, as tourist arrivals are expected to increase by 9.9 percent this year.

According to the MasterCard Index of Global Destination Cities, the city-state is ranked 14th interntionally. Meanwhile, Rio de Janeiro clinched the top spot among the world's 20 fastest growing destination cities this year.

Renowned foreign architects spice up Singapore's building design landscape

Developers are turning to renowned foreign architects to add brand cachet to their building projects.

Some 12 foreign architects have lent their names to at least 14 new private residential launches and projects under construction.

The late Paul Rudolph and Mosche Safdie were among the first foreign architects to enter Singapore's residential market in the mid-80s.

They are now joined by more than a dozen illustrious names, including Ole Scheeren and Daniel Libeskind.

More S'poreans shopping via mobile devices: PayPal

More Singaporeans are shopping on the go - via their mobile devices such as smartphones and tablets. This, according to a study by online payment provider PayPal.

In 2011, Singaporeans spent S$328 million shopping using their mobile devices. This represented a jump of more than seven times from just S$43 million the year before.

Almost half of those who shop online are mobile shoppers, and they accounted for almost a quarter of all online shopping last year.

Moody's maintains Singapore's AAA sovereign rating

Ratings agency Moody's says Singapore's economy is strong and well placed to withstand global financial shocks.

In its latest "Credit Analysis" report, the agency noted the country's substantial accumulation of public savings and fiscal prudence which supported the government's strong financial position.

Singapore's strong balance sheet helps ensure debt affordability and buffers the economy from external shocks.

SMEs to benefit from free business advisers

Businesses in the North Eastern part of Singapore can now get free business advice and job matching services.

These new initiatives are part of a joint collaboration between the Association of Small to Medium Enterprises (ASME), SPRING Singapore and the North East Community Development Council.

Business advisers from the ASME will be seconded on a permanent basis to the Tampines head office of the North East Community Development Council (NECDC).

Retail rents in S'pore edge up in Q2

Singapore's retail rents remained resilient in Q2 2012, supported by a high employment rate and tourist arrivals.

According to property consultancy DTZ, the average rents of prime retail space in Orchard/Scotts Road rose marginally by 0.1 per cent quarter-on-quarter to S$30.33 per sq ft per month. Meanwhile, average rents in suburban areas increased 0.2 per cent to S$28.35 per sq ft per month.

Over 1,200 exhibitors at CommunicAsia2012

Some 53,000 ICT professionals from 48 countries are expected at CommunicAsia2012 and EnterpriseIT2012 at Marina Bay Sands. BroadcastAsia2012, which focuses on the broadcasting market, will take place concurrently from June 19 to 22 at Suntec Singapore.

Event organiser Singapore Exhibition Services (SES) expects the four-day event to attract professionals from the information and communications technology (ICT) industry, who can expect to see the latest developments in technology and discuss industry trends and problems.

S'pore companies to budget US$5.3b for digital spending by 2016: PwC

The growing use of technology in Singapore has prompted more businesses to develop digital strategies to connect with their customers, according to the latest Global Entertainment and Media Outlook report by accounting firm Pricewaterhouse Coopers (PwC).

PwC said digital spending will increase to nearly half of all entertainment and media budgets for companies operating in Singapore in the next five years, growing from 39 per cent in 2012 to 45 per cent in 2016.