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Singapore real wages expected to grow 3% in 2019: Korn FerrySALARIES in Singapore are expected to grow by 3 per cent in 2019 after adjusting for inflation, according to a forecast by consulting firm Korn Ferry. Read more at The Business Times.
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Budget 2019 likely to be generous and expansionary: Maybank Kim Eng economistsBUDGET 2019 will likely be generous and expansionary, setting the stage for a possible early general election, according to a report by Maybank Kim Eng. Read more at The Business Times.
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Tesla sees profit in every 2019 quarter, but faces logistics risksThe company also announced that its chief financial officer, Deepak Ahuja, would retire, extending a slide in shares after hours to 4 percent. Tesla is beginning to ship its Model 3 to Europe and Asia from California. To cut costs and transit times, Tesla plans to build a factory in China.
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Budget 2019 expected to register deficit of S$2.5b for FY19: DBS economistTHE fiscal balance for FY2019 is projected to register a deficit of S$2.5 billion, down from an expected surplus of S$3.3 billion in the previous financial year, according to the final report in a three-part series by DBS. Read more at The Business Times.
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Singapore manufacturing, services sentiment turns gloomier for H1 2019MANUFACTURING and services firms have grown more downbeat about their business prospects in the coming six months, with both sectors now expressing overall pessimism, according to two separate surveys released on Thursday. Read more at The Business Times.
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Samsung Elec forecasts weaker 2019 earnings as chip sales slowSEOUL: Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, ...
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