Serving clean environment is one of the primary motives of many countries and thus to serve the purpose, Singapore’s building authority has also introduced a new pilot green financing scheme, according to which they have allowed building owners to get bank loans of up to $5 million enabling them to retrofit their buildings to a greener standard.

It has been revealed according to recent reports that the World Bank is soon going to open an office for operations in Singapore.

This is going to be its first ever non-USA office that shall be run and managed in Singapore. There was an agreement deal between signed Singapore and the World Bank and there shall now be the set up the first ever branch of the bank outside Washington.

It has been revealed according to recent reports that the growth rates of Singapore have been adjusted from 6.2%to 5.3%, as revealed by the economists.

The housing segment witnesses a major fall this year. The decline in the sales of the houses by 8% is attributable to the fall in property rates.

On Wednesday, it was reported that the stocks in Singapore have ended flat after a volatile session and concerns over the slowdown of stocks in the US and Europe. It was found out that

The Manpower Ministry (MOM) of Singapore has reframed the guidelines for Small and medium-sized firms in the country to recruit foreign workers.

The measures are strict which would restrict these firms to higher foreign staff, and according to the companies they would face a staff crunch.

When there exist lot many fears about consumer demand from U. S. and Europe becoming much weaker than as expected before, then Singapore that is mainly known for exports and relies on tourism, finance and manufacturing has also cut down its 2011 forecasts for economic growth and trade.