Emerging out of the global economic crisis businesses and investors around the world are revving up to capitalize on the economic momentum of the Asian region, especially China and similarly the Asian businesses, a significant number of Chinese are gradually venturing out into markets that are farther away from the regional hot picks. Singapore is the preferred location for such businesses due to the world class infrastructure, international banking facilities and ease of incorporating a Singapore company.

Singapore’s economy grew at a slightly slower pace in the first half of the year mainly because of the continued threat of the global financial crisis and the worsening economic condition in the United States and Europe, the government reported on Sunday.

In his televised speech on the eve of Singapore ’s 45th National Independence Day celebration, Prime Minister Lee Hsien Loong reported the country’s economy, as measured by its gross domestic product (GDP), has increased by 17.9 percent from January to June this year from 6.5 percent in the same period last year.

Emerging out of the global economic crisis businesses and investors around the world are revving up to capitalize on the economic momentum of the Asian region, especially China and similarly the Asian businesses, a significant number of Chinese are gradually venturing out into markets that are farther away from the regional hot picks. Singapore is the preferred location for such businesses due to the world class infrastructure, international banking facilities and ease of incorporating a Singapore company.

The country needs more foreign workers to sustain the economic growth and provide more opportunities to its citizen”, Singapore Prime Minister Lee Hsien Loong said during the city-state’s 45th National Day.

Lee said the country has a low birth rate and is facing a shortage of Singaporean workers which can have a negative ramification to the economic growth.

“Without the inflow of foreign talents, our economy will eventually lose its vibrancy which can result to fewer opportunities to the citizen”, Lee said.

Singapore has ample space for more global pharmaceutical and medical technology companies and the Economic Development Board (EDB) is anticipating prospects for further investments in the sector.

Despite the recent dip in figures in biomedical output, EDB is hopeful that research-focused initiatives here will help Singapore gain an edge over other locations in the region.

EDB is looking at a 5 to 10 per cent increase in biomedical production this year.

2010-08-26 12:00

LAS VEGAS, Aug. 26 /PRNewswire-Asia/ -- FC2, Inc. (http://fc2.com/en/ ), a leading Japanese and global web service company, announced that FC2ID account holders have exceeded 7,777,777.

What is FC2ID?

FC2ID is a tool for managing various FC2 web services on one page. FC2, Inc. provides popular web services, such as FC2 Blog, FC2 Homepage, and FC2 Video, to its account holders.

Creating an FC2ID account is free (http://fc2.com/en/ ). Simply by signing up, account users can manage all their FC2 services with just one simple FC2ID.

Singapore has remained to be the top destination in the world in terms of attracting immigrants and workers, beating other neighbouring and western economic powerhouse, a recent Gallup survey told.

The survey, which aims to calculate the member countries’ Potential Net Migration Index (PNMI), was conducted among 350, 000 people in some 148 countries from 2007 to 2010.

To calculate each country’s PNMI, Gallup has subtracted the number of adults who wish to leave the country to the estimated number of people who wish to immigrate and work there.

The Singapore Parliament on Monday has passed the second reading the new Rapid Transit Systems Bill, which aimed to facilitate timely expansion of its railway network and to cater needs of the country’s growing population.

In her speech, Land Transport Authority (LTA) Minister Lim Hwee Hwa said that the Singapore government is seriously considering building new MRT lines, citing the financial viability of the entire railway network.

Industry-first service model will allow companies to save costs by sharing FCPA due diligence reports

SAN FRANCISCO and HONG KONG, Aug. 25 /PRNewswire-Asia/ -- The Red Flag Group, a leading compliance advisory, due diligence and technology firm, today announces the launch of a revolutionary service model in how due diligence services are provided.

(Logo: http://www.prnasia.com/sa/2009/08/06/200908061401-min.jpg )

HONG KONG, Aug. 24 /PRNewswire-Asia/ -- Cashmere is coveted for its unique qualities: its softness, durability, lightness and warmth make it a premium material desired by consumers worldwide. But, like other textiles and apparel sub-sectors, the cashmere industry faces issues of quality and sustainability on a global scale which threaten the long-term growth of the industry.

(Logo: http://www.prnasia.com/sa/2010/07/02/20100702584754.jpg )