The lion whimpers: Singapore market snores as Hongkong roars

Article Abstract:

Trading volumes at the Stock Exchange of Singapore (SES) are running low at about S$100 million a day, which is only one-tenth of Hongkong's volume. Though low growth rates could be indicative of a mature economy, other factors are more likely preventing the SES from becoming the premier stock exchange in Asia. Strict government regulation to tame market volatility drove investors to Hongkong, where capital gains are greater, although riskier. Also, the de-listing of Malaysian stocks in 1990 deprived SES of 42% of total capitalization as of end of 1991.

Stock-exchange, Stock exchanges, Statistics, Stock Exchange of Hong Kong Ltd., Singapore Exchange Securities Trading Ltd.

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Dirty jobs campaign: Singapore tightens quotas on foreign workers

Article Abstract:

Labor costs in Singapore's shipbuilding and construction industries are expected to increase due to new government regulations aimed at lowering the population of foreign workers. The new rules are intended to enhance productivity of indigenous workers and lessen reliance on foreign laborers. The rules will be implemented on Jul 1, 1992, but will still allow foreigners to compose 67% of a firm's total workforce. Usage of subcontracted unskilled foreign laborers will be strictly limited.

Laws, regulations and rules, Social policy, Alien labor, Unskilled labor, Foreign labor

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Print challenge: Singapore set to break newspaper monopoly

Article Abstract:

The Singapore Press Holdings (SPH) will soon have a new competitor after the Singapore Government granted a license for a new English-language daily newspaper. The newspaper which is to be published bythe National Trade Union Congress (NTUC) does not immediately threaten SPH's hold on the market. However, SPH will have to resort to more aggressive advertising revenue campaigns with the advertising pie shrinking with the upsurge of television broadcasting.

Newspaper publishing, Market share, Press, Singapore Press Holdings Ltd.

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