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Business

Singapore raises growth forecast to 13%-15%

SINGAPORE: Singapore's economy may expand at a record pace this year after the government substantially raised its growth forecast yesterday on the back of a strong first half.

Business

Singapore economy may contract in second half

SINGAPORE: Singapore's economy faces the risks of an annualised contraction in the second half of 2010 due to a global slowdown but remains on course to be one of the world's fastest growing countries.

Business

Innovation unravelled

Dr Lim Ewe Ghee feels the principles underlying the NEM should continue to be applauded.

Business

Demand for carbon credits will continue

KUALA LUMPUR: The demand for certified carbon emissions (CER) or carbon credits will continue to increase among developed nations despite the Kyoto Protocol's Clean Development Mechanism (CDM) agreement expiring by 2012.

Business

Best diabetes fitness plan: aerobics plus weights

CHICAGO: People with diabetes should mix aerobics with weight training to get the best results in lowering blood sugar, a new study suggests. The combination worked best for weight loss too, compared to aerobics or weight training alone.hr noshade size=-1 width=50%>

Business

Manufacturing output up in S’pore

SINGAPORE: Singapore's manufacturing output increased 31% in October, boosted by the biomedical industry.

Business

Facebook, PayPal tycoon embraces sci-fi future

SAN FRANCISCO: In the movie The Social Network, the character of Peter Thiel is played as a slick Master of the Universe, a tech industry king and kingmaker with the savvy to see that a $500,000 investment in Facebook could mint millions later. Reality is a little more rumpled.

Business

Danaher agrees to buy Beckman Coulter for US$5.87bil

NEW YORK: Medical and industrial instruments maker Danaher Corp. said Monday it agreed to buy medical testing instrument maker Beckman Coulter for about US$5.87 billion.

Business

S'pore GDP up 0.9% in Q2

SINGAPORE: The Singapore economy grew 0.9% on a year-on-year basis in the second quarter of 2011 compared with a 9.3% growth recorded in the preceding quarter.

Business

Singapore Wednesday cut forecasts for economy, exports

SINGAPORE: Singapore has cut its 2011 economic growth and exports forecasts amid growing fears consumer demand from the U.S. and Europe could be weaker than previously expected.