After having won the 10th Ernst & Young Entrepreneur Of The Year (EOY) award for Singapore for the year 2011, Eu Yan Sang's CEO Richard Eu will now be Singapore's representative for the Ernst & Young World Entrepreneur Of The Year (WEOY) award that will be handed out in Monte Carlo in 2012. Eu will compete against contenders from over 50 countries at the next year event.

Shortly after a bilateral meeting between the Singaporean Deputy Prime Minister Teo Chee Hean and his Malaysian counterpart Muhyiddin Yassin on Tuesday, it was disclosed to the media that the Prime Ministers of the two countries would probably have another retreat meeting in December, in Kuala Lumpur.

In response to Member of Parliament Foo Mee Har's question on the impact of Thailand floods on Singapore, Lee Yi Shyan - Minister of State for Trade and Industry - said in the Parliament on Friday that even though the floods have resulted in an increase in the export prices of the Thai fragrant rice that the Singaporeans prefer, the country still has ample stocks.

At the inaugural Key Executive Officer Seminar at the HDB Hub on Tuesday, Singapore's Minister of State for National Development, Lee Yi Shyan, announced that a country-wide survey will be undertaken to help the government seek public views on real estate agency industry in the country. The survey will involve over 3,000 respondents, and it will be carried out by the end-2011.

There are still few days left with Singapore to reveal the report of its gross domestic product estimates for the third quarter but economists have now onwards started showing some negative expectations regarding same.

Sources have notified that the Cebu Pacific take the possession of not less than four new Airbus, A320 aircraft, most probably from October 2011 to January 2012. The move will enable the airline to offer its services with minimum fares among all competitors along with enhanced flight options for its customers.

The advertisement banner of Abercrombie & Fitch's at the Orchard shop-front in Singapore have been announced as licentious as per guidelines of advertisement laws.