News

NUS to open centre for artificial intelligence in Suzhou

SINGAPORE - Start-ups working on artificial intelligence (AI) will now have a centre in Suzhou to help them venture into the Chinese market.

MOF, Iras remind employers to make CPF contributions by Jan 15 to qualify for wage credit scheme

SINGAPORE - Employers of eligible Singaporean workers must make full Central Provident Fund contributions for their staff by Jan 15 in order to get Wage Credit Scheme payouts in March.

Nine in 10 Singapore SMEs successful in securing debt financing: survey

ABOUT 13 per cent of Singapore's small and medium enterprises (SMEs) sought external financing in the past year and a bulk or 90 per cent of them were successful in their applications for debt...

Indonesia's Go-Jek acquires 3 fintech firms to boost payment services

[JAKARTA] Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

TMC Education stock jumps on news of takeover bid by property magnate

TMC Education Corp shares jumped three Singapore cents or 75 per cent to seven Singapore cents when it resumed trading on Friday following news of a takeover bid by hotel and property magnate Koh Wee...

Temasek unit, Canadia to launch digital wallet and payment platform in Cambodia

TEMASEK-OWNED Fullerton Financial Holdings has teamed up with Canadia Investment Holding plc to launch DaraPay - a new digital wallet and payment platform, in Cambodia. This is Fullerton's second...

Extra S$8b worth of liquidity tied up due to poor working capital performance: study

WORKING capital performance in half of Singapore's business sectors has deteriorated year on year (y-o-y), translating into an additional S$8.7 billion of liquidity tied up, a joint study by PwC...

Couriers struggle to deliver after Singles' Day online orders spike

Some unlucky customers of shopping bonanza Singles' Day have seen their joy turn to rage, as courier services struggle to deliver their products on time in the face of a mountain of orders.

Half of Singapore's business sectors see working capital performance worsen: study

WORKING capital performance in half of Singapore's business sectors has deteriorated year on year (y-o-y), with medium-sized companies struggling the most in managing their working capital, a joint...

Customers see red after courier service Roadbull fails to deliver goods

Customers of shopping bonanza Singles' Day have seen their joy turn to rage, as courier services such as Roadbull and Ninja Van failed to deliver their products on time.