Strategic Intelligence for CFOs, Finance Directors, Controllers and Treasurers in Asia  | 
2012, May 23

Singapore to Focus on Upgrading Companies, Workers

Home > News > Singapore to Focus on Upgrading Companies, Workers
News

Singapore to Focus on Upgrading Companies, Workers

by CFO Innovation Asia Staff, 04 January 2012
topics:
Human Capital Management Management
tags:
economic outlook GDP recession
Thumbnail: 

To deal with a possible recession, Singapore will focus on implementing long-term schemes to upgrade companies and workers, reports the Straits Times.

 

The government has released preliminary fourth quarter 2011 GDP data that suggest the economy contracted 4.9% quarter-on-quarter on a seasonally adjusted annualised rate. This compares with 1.5% expansion in the third quarter, 5.9% contraction in the second quarter and a strong 26.6% spurt in the first quarter.

 

Full year GDP growth is estimated at 4.8%. The final numbers will be released in February.

 

Quoting Deputy Prime Minister Tharman Shanmugaratnam, the Times says the world's economy will see 'sub-par growth' for at least two years, noting that Europe is "already in a recession," the United States will be a "slow growth economy" and China is "clearly softening."

 

 

MORE ARTICLES ON ECONOMIC OUTLOOK

Original Article URL: 
Sub-par global growth for at least 2 years: DPM Tharman
Orignal Author: 
CFO Innovation Asia Staff
Quote Image: 
Original Article URL:

Related articles

Comment on this article

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <a> <p> <span> <div> <h1> <h2> <h3> <h4> <h5> <h6> <img> <img /> <map> <area> <hr> <br> <br /> <ul> <ol> <li> <dl> <dt> <dd> <table> <tr> <td> <em> <b> <u> <i> <strong> <font> <del> <ins> <sub> <sup> <quote> <blockquote> <pre> <address> <code> <cite> <embed> <object> <strike> <caption>
  • Lines and paragraphs break automatically.
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

Verification Code
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Accounting and Regulations

CFO innovation Asia Accounting and Regulation the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Accounting Regulation, IFRS, US GAAP, Tax, investor relations, corporate governance, Corporate Law, Financial Regulators, Internal Audit, Audit, Corporate Law.
Auditing, Investor Relations, Law and Compliance, Tax

Finance and Banking

CFO innovation Asia, Finance and Banking the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Corporate Finance, trade finance, treasury and risk management, capital expenditure, Banking, mergers and acquisitions
Cash and Liquidity Management, Corporate Finance, Insurance, Treasury Management

Management

CFO innovation Asia the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Management, Corporate Governance, Human Resource Management, Compensation and Benefits, Mergers and Acquisitions, Professional Development, Corporate Real Estate, Risk Management, Budgeting and Forecasting, Business Process Management, Business Process Reengineering, Outsourcing.
Budgeting and Planning, Business Expense Management, Human Capital Management, Outsourcing and Shared Services, Risk Management

Metrics

Corporates, Financial Services

Technology

CFO innovation Asia Technology the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Systems, Business Intelligence, EPR, Accounting software, CRM, Cloud Computing, Telecommunications, Business Process Outsourcing, Business Process Management Software.
Business Intelligence, Enterprise Software and Systems, Financial Systems, Security