Global – Collective buying site Groupon has continued its rapid growth around the world via acquisition, extending its reach across India, the Middle East and South Africa. Groupon has launched Groupon India, Groupon Israel and Groupon South Africa by acquiring local daily deal sites Sosasta, Grouper and Twangoo respectively. All three sites will transit to …
CALTEX has increased pump prices of all grades of petrol and diesel by $0.04 per litre. The price change took effect on Tuesday morning. Now, a litre of Regular 92 with Techron costs $1.947, a litre of Premium 95 with Techron costs $2.007 and a litre of Platinum 98 with Techron costs $2.135. A litre …
SINGAPORE : Observers said the drop in the number of permanent residencies granted last year reflected a change in the type of immigrants the government is trying to attract. They said the move also needs to be seen against the backdrop of recent policies aimed at tightening the inflow of foreign workers, such as raising …
Singapore – Bonuses for Singaporeans this year are set to be the highest in Asia for 2011. According to a recent poll by human resources consultancy firm HR Business Solutions (HRBS), bonuses for Singaporeans this year are set to be 17% of the annual base pay. That works out to be about two months’ salary, …
THE average number of children that a Singapore woman would bear in her lifetime dropped to yet another nadir last year. Preliminary estimates of the Total Fertility Rate put it at 1.16, down from 1.22 – already a record low – the previous year, announced Deputy Prime Minister (DPM) Wong Kan Seng on Monday. Meanwhile, …
SENIOR Minister Goh Chok Tong on Saturday identified two additional challenges that Singapore now faces, on top of its perennial efforts to ensure inter-racial harmony. These are: the widening income gap and the need to welcome foreigners. Speaking to 300 students and parents at an Edusave award ceremony in his Marine Parade ward, SM Goh …
SINGTEL has been fined a total of $130,000 for selling an unapproved wholesale discounted broadband service and for offering the discount to only one Internet service provider (ISP). ISPs buy wholesale services and then retail them to home and business users. The Infocomm Development Authority of Singapore (IDA) said on its website it had decided …
LONDON (AdAge.com) — The U.K.’s consumer watchdog agency is clamping down on endorsements by bloggers and social networkers, who will now be required to state any relationship they have with a product. The move brings U.K. Twitter regulations in line with those in the U.S., where the Federal Trade Commission requires that Twitter endorsements include …
Workers should be allowed to draw down their Central Provident Fund (CPF) savings at the age of 60. That was the stand of the Workers’ Party (WP) who said that the CPF drawdown age should not also be linked to the retirement age. On Tuesday, the two MPs from the WP, Mr Low Thia Khiang …