Singapore

Singapore confirms case of monkeypox, first in Southeast Asia
World

Singapore confirms case of monkeypox, first in Southeast Asia

In this photo illustration, blood test vials are seen in front of a screen that says ”Monkeypox” Nikos Pekiaridis/ | Nurphoto | Getty Images Singapore has confirmed an imported case of monkeypox, the health ministry said late on Tuesday, the first such case reported in Southeast Asia during this year’s outbreak of the viral disease. […]

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Singapore imports more than 90% of its food. Here’s how it’s dealing with rising food inflation
World

Singapore imports more than 90% of its food. Here’s how it’s dealing with rising food inflation

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak| Bloomberg | Getty Images Singapore is known for its variety of street food and local cuisines, but many may not know it […]

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Travelers are upset about rising costs, but most aren’t canceling their plans just yet
Business

Travelers are upset about rising costs, but most aren’t canceling their plans just yet

Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April to May, while discussions related to gas […]

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Tesla fires Singapore country manager after Elon Musk warns of job cuts
Technology

Tesla fires Singapore country manager after Elon Musk warns of job cuts

Christopher Bousigues, the Singapore country manager from Tesla, said that his role has been cut as part of a global reduction in the electric carmaker’s workforce. Bousigues said he was responsible for launching the Model Y in Singapore. Bing Guan | Bloomberg | Getty Images Tesla has laid off its Singapore country manager just over […]

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Huge pay bumps and flexi work hours: How Singapore companies are fighting the talent war
World

Huge pay bumps and flexi work hours: How Singapore companies are fighting the talent war

Companies in Singapore are adjusting salaries and beefing up mental health benefits, bonuses, flexible working policies and more. Jayson_lys | E+ | Getty Images In a normal year, lawyers at one of Singapore’s top four local law firms could expect to receive an annual increment of between 10% and 15%. The company said employees would get […]

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As one of Asia’s global hubs moves to reopen, another remains mired in restrictions
Business

As one of Asia’s global hubs moves to reopen, another remains mired in restrictions

People queue up for Covid-19 nucleic acid tests on April 28, 2022 in Hong Kong. While Singapore has steadily moved to reopen in recent months, Hong Kong remains mired in restrictions that critics say are costing it business and talent, with Singapore a prime beneficiary. Chen Yongnuo | China News Service | Getty Images When […]

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There’s a ‘massive gap’ between housing demand and supply in Singapore, PropertyGuru CEO says
World

There’s a ‘massive gap’ between housing demand and supply in Singapore, PropertyGuru CEO says

Supply constraints are driving up property prices and rents in Singapore, the chief executive officer of a real estate company said Friday. “You can see a massive gap opening up between demand and supply,” said Hari Krishnan of PropertyGuru. Singapore introduced measures to cool the property market in December 2021, but analysts told CNBC in […]

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Thousands of people are leaving Hong Kong — and now it’s clear where they’re going
World

Thousands of people are leaving Hong Kong — and now it’s clear where they’re going

They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 — not because they want to, several told CNBC, but because Covid restrictions and what they see […]

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Singapore’s first quarter GDP up 3.7%, matching forecasts
World

Singapore’s first quarter GDP up 3.7%, matching forecasts

People walk along the Marina Bay promenade next to the financial business district in Singapore on May 9, 2022. Singapore’s economy expanded more than initially estimated in the first quarter, official data showed on Wednesday. Roslan Rahman | Afp | Getty Images Singapore’s economy expanded more than initially estimated in the first quarter, official data […]

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Returning to the office can be costly. Here are 3 ways to beat rising costs
World

Returning to the office can be costly. Here are 3 ways to beat rising costs

According to a new survey by Cisco, 75% of respondents said they save money on food and entertainment through hybrid work schedules. D3sign | Moment | Getty Images Hybrid work arrangements are popular these days for many reasons — and one of them is that they can save workers thousands each year. A new survey […]

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