Mapeltree, a venture of investment company Temasek Holdings has announced their plan to buy Festival Walk.

Unemployment rate in Singapore was 2.1% for second quarter. Last quarter, it was 1.9%- a three year low.

Manpower Ministry stated that 22,800 jobs were created between Junes to April which resulted in the gradual fall of previous quarter.

It has been expected that China will put control on tightening its monetary policy after Japan’s devastating earthquake but that does not happened, it continues to tighten its monetary cycle by raising its reserve rates on Friday.

Soon after the Group of Seven rich nations jointly interfere to compose the panic stricken markets due to Japan's nuclear crisis and to restrict the rise in Yen China made his announcement of further tightening its monetary policy.

An expenditure amount to a gross value of $150 million is being made in the coming three years for aiding a group of people, who comprise of more than 50 per cent of the resident workforce, to sharpen their skills.

These professionals, managers, executives and technicians (PMETs) are of vital importance to the economy. However, they are not immune to the altering requirements of a 'more dynamic and volatile' world economy, as observed by Manpower Minister Gan Kim Yong on Wednesday.

John Rachmat has informed that taxi companies may apply a fuel surcharge in next few days. Rachmat is the transport analyst for Royal Bank of Scotland Asia Securities. He has told that the taxi companies
may go for a fuel surcharge of 50 cents very soon. However, he has also mentioned that the demand on impact is expected to be very less.

So far as Singapore is concerned, it has six other taxi operators in the country. These six operators put 26,000 cabs on the roads of the country collectively.

A review of the performances made by the leading 6 foreign law firms is going to be held. These foreign law firms are ones practicing as well as promoting the using of the law of Singapore as under the Qualifying Foreign Law Practices (QFLP) program in the latter half of 2011, according to the Law Minister K. Shanmugam.

The Ministry of Finance commenced the Budget Quiz 2011 by the Budget 2011 website in the present day. It is all open to all the Singaporeans and Singaporean PRs.

The Budget Quiz wishes to provide all the members a much better knowledge of the yearly Budget procedures and the formulation of the yearly Singapore Budget.