Business

CAG: T4 concession contracts awarded to 80 outlets

Changi Airport Group (CAG) has announced on Friday (5 May) that it has awarded all concession contracts for retail, food & beverage (F&B) and service outlets at its new Terminal 4 (T4) to more than 80 outlets within over 16,000 square metres. CAG stated that T4 has attracted many international and local retail and F&B operators, with over a quarter launching …

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ACCA officially opens its new international office in Singapore

The Association of Chartered Certified Accountants (ACCA), the global body for professional accountants, launched its new international office in Singapore. Officially launched by His Excellency, Scott Wightman, British High Commissioner to Singapore, the new office aims to drive innovation in the accountancy sectors in Singapore , its Asia Pacific neighbours and Emerging Markets such as Indonesia , Philippines , Myanmar …

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SAC: Accounting Entities sector sees good growth despite challenging market conditions

Against the backdrop of Singapore’s slower than expected growth in the business environment in recent years, the Accounting Entities (AE) segment saw healthy growth in revenue, productivity, job creation, employment outlook, professionally qualified workforce, diversity of services offered and volume of work performed overseas. This is according to the AEcensus2016, a national census conducted by the Singapore Accountancy Commission (SAC) …

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Startup SG Founder: S$20m budget to support first-time entrepreneurs

To support first-time entrepreneurs who are just starting out, the Startup SG Founder scheme has prepared a budget of about $20 million. This was announced by Minister of State for Trade and Industry Koh Poh Koon on Wednesday (22 Mar) at at the LaunchPad @ One-North Phase 2 Housewarming Party, an event marking the opening of the three new blocks. …

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Personalisation vs Privacy: How brands in Asia-Pacific can do better

Results of the “SAP Hybris Consumer Insight” survey revealed that almost 4 in 5 (78 percent) of consumers in the Asia-Pacific (APAC) region will not choose to purchase from a brand again if their data had been used without knowledge. Despite this, more than 83 percent of respondents are willing to share at least some form of personal information with …

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Respond fast or risk losing customers in Singapore, shows survey by SAP Hybris

Results from the “SAP Hybris Consumer Insight” survey, revealed that responsive customer service, ensuring data privacy and transparency and personalisation as key factors in ensuring great customer experience and retention of consumers in Singapore. The survey found that at least two-thirds (67 percent) of consumers in Singapore will not choose to purchase from a brand again if their data had been …

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Lay-offs and unemployment rose while job vacancies fell in 2016

Singapore labour market went through its roughest patch in 2016. The condition is shown in the official full-year data released by the Ministry of Manpower (MOM) on Wednesday (15 Mar). Unemployment rose, and employment grew at a slower pace while rate of re-entry into employment among residence made redundant also fell. The number of job vacancies fell, lowering the job …

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SPH signs joint venture agreement with China’s ZBJ Network to develop B2B bilingual online creative services

Singapore Press Holdings (SPH) signed a Joint Venture Agreement (JVA) with ZBJ Network, Inc., China’s largest online creative services platform on Sunday (26 February). SPH said that under the JVA, both companies will develop the first of its kind B2B (Business to Business) bilingual online creative services platform targeted at Small and Medium Enterprises (SMEs) in Singapore, Malaysia and other …

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