Singaporeans risk falling victim to 'presenteeism' despite agile working policies: Randstad

SINGAPORE (July 23): In spite of increasing demand among global employees for flexible work arrangements, there are also remains the concern that such freedom at work may compel workers to be “always on” without knowing when to disconnect.

Acromec secures $2.9 million contract in healthcare sector

SINGAPORE (July 13): Acromec has secured a contract valued at $2.9 million for the outfitting of a private day-surgery centre.

This marks the specialist engineering service provider’s third contract in the healthcare sector within the past month, and brings the group’s order book to approximately $21 million.

In a Friday filing, Acromec says it expects the latest contract win to contribute positively to its earnings per share (EPS) and net tangible assets (NTA) per share for the current financial year.

Clearbridge partners Australia's Genome.One for personal health genomics programme

SINGAPORE (June 26): Clearbridge Health (CBH) is partnering Australia-based health information company Genome.One, a wholly-owned subsidiary of Garvan Institute of Medical Research, to offer its patients genomic testing and analysis with the latter’s Genome.One GoExplore personal health genomics programme.

The programme sequences and analyses individual DNA samples assess their risk of developing 52 hereditary conditions, including 31 cancers, 13 heart conditions, as well as several other conditions where monitoring or intervention can be of benefit.

Here's how much a business trip to Singapore will cost you per day

SINGAPORE (Apr 17): It has become increasingly expensive for companies to send their staff on business trips on Singapore, finds a recent survey conducted by research firm ECA International.

Based on the latest Daily Rates research published by ECA International, the cost of a business trip to Singapore in 2017 averaged at a whopping US$479 ($627) per day – inclusive of four-star hotel accommodation, meals, drinks, laundry, taxi transport and daily essentials.

Singaporeans eager to upskill, but not entirely from their own pockets: Randstad

SINGAPORE (Apr 4): Singapore recorded the highest number of employees in Southeast Asia who expect their government to offer incentives should they choose to develop their professional competencies or remain in the workforce.

Based on the results from the Randstad Workmonitor study for 4Q17, 80% of employees surveyed globally believe their governments should offer incentives such as tax rebates and subsidies if they choose to further develop their professional competencies.

Financial M&A deals in Asia Pacific to hit $161 bil in 2018: Baker McKenzie

SINGAPORE (Mar 26): Baker McKenzie is forecasting for Asia Pacific’s financial merger and acquisition (M&A) deals to hit US$122.7 billion ($160.9 billion) this year, coming in only after Europe and North America at the projected deal values of US$195.7 billion and $259 billion, respectively.

Effective engagement is key for banks to retain customers, finds survey

SINGAPORE (Mar 15): Two-fifths (40%) of local retail banking customers in Singapore are ready to stop or cancel their services with a bank on the grounds of poor customer engagement, according to a recent study commissioned by customer experience & call centre tech provider Genesys.

The online survey, carried out by business consulting firm Frost & Sullivan among 500 customers across six leading banks in Singapore in 2Q17, focused on identifying underlying customer engagement trends in the Singapore retail banking landscape.

Can Asia decouple from the US correction?

SINGAPORE (Feb 15): As of last Friday, US price-to-book (P/B) valuations have fallen from a high of 3.48 times to 3.18 times or 3% above the historical average, according to a recent strategy report by Credit Suisse’s equity research team.

Further, the MSCI Asia ex-Japan’s (MXASJ) P/B has dropped from a high of 1.87 times to 1.7 times, below the historical average of 1.77 times, while return on equity (ROE) runs above the historical average of 11.2% at 11.6%.

Criminals are now creating non-existent identities to conduct fraud, survey finds

SINGAPORE (Feb 7): While prevention technologies have managed to deter identity fraud activities such as card skimming, criminals are now beginning to steal identities or even constructing entirely new ones to obtain real credit cards from banks.

Why local SMEs prefer to stay put in Singapore over international expansion

SINGAPORE (Jan 29): Small medium enterprises (SMEs) in Singapore appear to display an appalling lack of interest in taking their businesses beyond the city state, according to QBE’s annual survey of more than 400 local SME business leaders.

In a Monday release, the global insurer says its survey findings showed that almost half (45%) of Singaporean SMEs said they will not explore expansion across borders, with a larger proportion (56%) of smaller SMEs indicating likewise.

Just 14% said they intended to internationalise.

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