Singapore is reportedly planning on ITMs (Industry Transformation Maps) for five trade and manufacturing clusters, which will uplift Singapore’s industries and create a minimum of 13,400 new jobs.
Deputy Prime Minister Heng Swee Keat unveiled the ITMs on Tuesday at the Industrial Transformation Asia-Pacific trade event, 2022.
The ITMs will focus on R&
Last month, the average rental in London reportedly touched a record £553 ($624.96) a week, with nearly 30 bidders vying for each apartment, as landlords profited from increasing demand and a shortage of new properties in the capital.
As per estate brokers Foxtons’ recent data, the average rental cost in September broke the previous high of £549 ($620.44), which was set in June, with the competition for property causing bidding wars, auditions, and landlords demanding advance rent for up to a year.
The number of appl
Star Entertainment Group, the Australian gambling giant, has reportedly been charged with a A$100 million ($62 million) fine for failing to cease all money laundering activities at its Sydney casino.
The group's license to run the casino has been revoked as well.
The Star has vowed to do everything possible to earn back both the public's trust and its license.
After accusations of extensive criminal activity, Australian casino operators are now under intense pressure to overhaul their gam
Singapore has reportedly averted a technical recession, with the economy expanding by 4.4% year over year in the third quarter of this year, a better-than-expected rate, but economists warn that the path ahead remains rocky.
According to analysts, the economy would likely contract in Q4 and will grow below average in 2023 because of elevated global inflation, stricter monetary policies from central banks, and geopolitical unpredictability.
Advance forecasts from the Ministry of Trade and Industry (MTI) revealed on Friday that Singapor
Medibank Group, one of the largest Australian health insurance providers, has reportedly taken its systems offline over a potential data breach, just weeks following the worst breach faced by one of the country’s major telecom firms.
Medibank Group stated on Thursday that it has engaged cybersecurity specialists and taken actions to protect its systems after detecting some strange activities on its network.
The insurance company, which has over four million Australian customers, stated that it has not yet discovered any evidence
Executive condominiums (ECs) in Singapore are reportedly growing to become an appealing option for HDB or housing board upgraders, with roughly 300 ECs generating $500,000 in resale profit as of Aug 29.
OrangeTee's profit analysis found that nearly all the evaluated 4,266 ECs made over $300,000 in gross profits since demand vastly outweighs supply.
294 of these 4,266 units generated at least $500,000 in gross profit each. The resale unit in CityLife@Tampines set a new record for an EC's gross profit in 2021 with $1.38 million,
Heathrow, the British international airport, is reportedly anticipating a bustling Christmas travel season but has issued a warning that future aviation demand is still uncertain, partly due to the deteriorating economic picture.
After the Covid travel limitations were lifted, customers took to the skies, making September the busiest month for air travel in Europe with around 5.8 million passengers using Heathrow airport. But the number of passengers was still 15% below the pre-pandemic levels of 2019.
According to the London hub, a f
Musgrave Group, the Irish food wholesaler’s major Northern Ireland operating firm has reportedly lost £1.85 million ($2 million) after tax last year, down from a profit of nearly £2.7 million ($2.9 million) in 2020, due to high business development costs and a one-time expenditure to boost environmental sustainability in SuperValu and Centra stores.
According to accounts submitted by Musgrave Retail Partners NI, the supermarket retailer's Belfast-based wholesale and distribution business had revenue of more than £308 million ($340 million) last
Dialog, a technology consulting company owned by Singapore Telecommunications (SingTel), has reportedly suffered a data breach, worsening the corporation's data-security crisis in the aftermath of the massive data theft at Optus, the mobile phone operator.
As per a Dialog statement released by SingTel on Monday, Dialog, which SingTel purchased earlier this year, a hack may have revealed data of less than 20 clients and 1,000 current and former employees.
On October 7, Dialog discovered that a very small portion of its data, includ
