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| Singapore Travel » Singapore News |
Singapore News |
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The dynamic city Singapore attracts people from all over the world. Singapore is a place that is full of various kinds of small and large events throughout the year. Singapore, the land with diverse cultures, traditions and passions, is rapidly booming as a business centre of Asia. In the South-East Asian region, Singapore is the major headquarter of most of the world-famous news agencies. People from every corner of the world are interested in knowing the latest news of this Island city.
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New Cruise Terminal in Singapore
Multi million-dollar cruise terminal that can accommodate largest luxury cruise liners in the world will start operating this weekend. Singapore Airport Terminal Services and Europe's Creuers del Port de Barcelona will operate it as a joint venture. Officials have also said that opening of Marine Bay Cruise Center Singapore will open the avenues for to tap the Asia's growth cruise industry. On Saturday, the S$500 million (US$395 million) terminal will welcome its first ship - the Royal Caribbean International's 138,000-tonne Voyager of the Seas luxury liner. terminal operator SATS-Creuers Cruise Services said that this cruise is largest in Singapore that has the capacity of 3,840 and 1,176 crew members. According to the Singapore tourism authorities last year in 2011 about 1 million cruise passengers booked the cruise which has generated the S$520 in direct spending. "Singapore's strategic location coupled with the terminal's state-of-the-art facilities and proximity to the city and Singapore Changi Airport will anchor the country's position as Asia's leading cruise hub," said Melvin Vu, chief executive of SATS-Creuers Cruise Services.
Source: The Sun Daily
Posted on : 2012-05-23
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Upcoming talent got boost in Audi Fashion Festival
In this year's Audi Fashion Festival Singapore based designers have got the maximum applaud. Around 12,000 fashion lovers have participated in the festival that was held in the Ngee Ann City from last Wednesday to Sunday. 15 shows were happening each night and around 800 seat capacity white tent was filled up to 75%. The big names that drew the socialite and fashion-elite crowds were opening show Mugler, Zac Posen and closing show Roland Mouret. International designers were also highly appreciated. Local well-established labels, Raoul and alldressedup, have repeatedly shown their collections at various AFFs which give inspiration to and spark innovation among new talents, as well as draw their own clientele that fill up the venue. There were three featured Singapore designers at AFF. People who couldn't make it to the show were having an option to watch some of the shows over the internet. Mr Lee said that there were about 100,000 online viewers who had watched the show and all were urged to support and vote with dollar. Emerging and local talent of Singapore got the tremendous support.
Source: Asiaone
Posted on : 2012-05-22
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Upcoming talent got boost in Audi Fashion Festival
In this year's Audi Fashion Festival Singapore based designers have got the maximum applaud. Around 12,000 fashion lovers have participated in the festival that was held in the Ngee Ann City from last Wednesday to Sunday. 15 shows were happening each night and around 800 seat capacity white tent was filled up to 75%. The big names that drew the socialite and fashion-elite crowds were opening show Mugler, Zac Posen and closing show Roland Mouret. International designers were also highly appreciated. Local well-established labels, Raoul and alldressedup, have repeatedly shown their collections at various AFFs which give inspiration to and spark innovation among new talents, as well as draw their own clientele that fill up the venue. There were three featured Singapore designers at AFF. People who couldn't make it to the show were having an option to watch some of the shows over the internet. Mr Lee said that there were about 100,000 online viewers who had watched the show and all were urged to support and vote with dollar. Emerging and local talent of Singapore got the tremendous support.
Source: Asiaone
Posted on : 2012-05-22
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The Depository Trust & Clearing Corporation (DTCC) to establish a Data Center in Singapore
The Depository Trust & Clearing Corporation's (DTCC) Global Trade Repository has the plans of expanding its operations in Singapore by establishing the data center. This will ensure the seamless access to data. This will be their Asian-based global data center. "We are dedicated to helping clients and regulators globally establish a strong operational infrastructure that brings greater transparency and risk mitigation to the OTC derivatives market," said Michael Bodson, President and Chief Executive Officer-elect of DTCC. This data center will be the first DTCC data center in Asia which is also the part of their worldwide network in US, Europe and Asia. This data center will be the key component in the business strategy. The Global Trade Repository had recently established a data center at Netherlands. It is expected that the Singapore based data center will become operational in the second half of 2012. "Locating a data centre in Singapore is an important next step in our global expansion and is a reflection of our commitment to enabling DTCC to deliver a robust global network, comprehensive business continuity, and true 24-hour client service," added Stewart Macbeth, President and CEO of DTCC's Deriv/SERV LLC subsidiary.
Source: Market Watch
Posted on : 2012-05-21
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Stiff competition to Singapore Airlines
Number of competitors for Singapore Airlines has gone up in the recent years. Earlier it was the only luxury Airlines known for its pampering in-flight services, smiling stewardesses, glamorous and high paying jobs. But with the growth of Middle East airlines that are offering even more in-cabin luxury, the passenger count for Singapore Airlines have gone down. Singapore Air's passenger count has fallen 12 percent since 2008. Air China became the world's the most valuable airline in 2009 by its stock value. The carrier, controlled by Singapore state-investment company Temasek Holdings, reported a loss of S$38.2 million ($31 million) in the three months ended March 31, compared with a S$171 million profit a year earlier. The situation got further worsen with the hike in the fuel prices that cost 41% of the airline expenditure. The jet fuel price in Singapore has risen to 37% since April 2010. Apart from this Singapore Air is having more competition on Europe-Asia route due to the expansion of Emirates Airline and Qatar Airways. Last year Qatar was declared as the world's best airlines, the award that Singapore Air had bagged three out of five times through 2008. Its Southeast Asian rivals are Thai Airways International (THAI) and Malaysian Airline System (MAS)
Source: Business Week
Posted on : 2012-05-18
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