Singapore - Singapore's ailing economy faced another setback as manufacturing output plunged 33.9 per cent year-to-year in March, according to data released by the Economic Development Board on Friday.
The city-state's slump in factory output reached a record in March, local media reported.
The March numbers were even worse than the drop of 15.1 per cent in February and the contraction of 27.6 per cent in January.
Singapore - Kuwait-based Agility Logistics Ltd, one of the world's leading providers of logistics to businesses and governments, plans to continue its expansion aggressively despite the global economic crisis.
"The appetite for growth is very substantial," said Agility chief executive officer for Asia-Pacific Wolfgang Hollermann Friday in Singapore.
Singapore - Capitaland Ltd, one of Asia's largest real estate developers, said Friday its first quarter net profit dropped nearly 83 per cent from the same period a year ago amidst unprecedented challenges arising from the global financial downturn. In the three months that ended March the Singapore-based company reported net profits of 42.9 million Singapore dollars (28.6 million US dollars), down from 247.5 million Singapore dollars a year earlier, Capitaland said in a statement.
Singapore - Visitor arrivals in Singapore tumbled 13.2 per cent year-on-year in March to 790,000 as the global economic crisis puts the brakes on the city state's tourism industry, the Singapore Tourism Board said Thursday.
However, the decline was not as sharp as in February when visitor arrivals in Singapore fell 15.2 per cent to 689,000, the lowest number in four years.
Singapore's health minister has warned against the risks involved in the surgery to separate the Indian twins joined at their head.
Reputed Singaporean neurosurgeon, Keith Goh, emphasized that the state government of Andhra Pradesh in India has urged him to surgically separate five-year-old Indian twin sisters Vani and Veena.
Singapore - Singapore's ailing economy faced another setback as manufacturing output plunged 33.9 per cent year-to-year in March, according to data released by the Economic Development Board on Friday.
Singapore - Kuwait-based Agility Logistics Ltd, one of the world's leading providers of logistics to businesses and governments, plans to continue its expansion aggressively despite the global economic crisis.
Singapore - Capitaland Ltd, one of Asia's largest real estate developers, said Friday its first quarter net profit dropped nearly 83 per cent from the same period a year ago amidst unprecedented challenges arising from the global financial downturn. In the three months that ended March the Singapore-based company reported net profits of 42.9 million Singapore dollars (28.6 million US dollars), down from 247.5 million Singapore dollars a year earlier, Capitaland said in a statement.
Singapore - Visitor arrivals in Singapore tumbled 13.2 per cent year-on-year in March to 790,000 as the global economic crisis puts the brakes on the city state's tourism industry, the Singapore Tourism Board said Thursday.
Singapore's health minister has warned against the risks involved in the surgery to separate the Indian twins joined at their head. 
