Business

New Pricing Transparency Guidelines to Eliminate Fake Discounts, Hidden Additional Charges in Ads Starting November 1; Government studies stronger application of consumer protection, Singapore News & Top Stories

[ad_1] SINGAPORE – Companies that engage in deceptive advertising have two months to clean up their act. They will not, for example, be able to advertise airline tickets for $ 1,000 without stating additional charges in advance, such as a $ 100 reservation fee and a $ 200 fuel surcharge. …

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The Auditor General points out flaws in IT controls, procurement and contract management in public agencies, political news and featured news

[ad_1] SINGAPORE – Weaknesses in IT controls continue to be of concern to several government agencies, and audits have revealed failures in procurement, contract and operations management at entities such as Jurong Town Corporation (JTC). In its annual audit report released on Monday (September 7), the Office of the Auditor …

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Singapore Will Allow Larger Mice Events With Up To 250 Attendees, App To Launch From Oct 1, Singapore News & Top Stories

[ad_1] SINGAPORE – Larger exhibitions and conferences with up to 250 participants are expected to return to Singapore. Organizers will be able to apply to pilot Meetings, Incentives, Conventions and Exhibitions (Mice) events from October 1. Trade and Industry Minister Chan Chun Sing, announcing the move on Monday (September 7) …

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Singapore’s economy expected to shrink 6% this year as private sector economists downgrade forecasts: MAS survey

[ad_1] SINGAPORE: Private sector economists expect Singapore’s economy to contract 6 percent this year, a slight downgrade from their previous forecast of a 5.8 percent drop after a worse-than-expected decline in the second quarter. This was according to the latest quarterly survey by the Monetary Authority of Singapore (MAS) released …

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Axington, Linked to Bellagraph Nova Group in Newcastle Offering, Extends Rights Issuance Period, Market & Company News & Featured Stories

[ad_1] SINGAPORE – Axington Inc’s two-member board has extended the bidding period for a rights issue proposal as it expects “further clarity” from the company’s controlling shareholders, who also own the controversial company that made a offer for the English Premier League. club Newcastle United. The Catalist-listed company had said …

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Five things you need to know to start your day

[ad_1] Markets start the week nervous after last week’s tech sell-off. Hong Kong police make sweeping arrests when demonstrations return. The prospects for the world economy appear uncertain. These are some of the things that people are talking about in the markets today. Actions were heading for a Monday’s cautious …

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