Singapore retail sales down 2.2% in September for 8th straight monthly fall
SINGAPORE'S retail sales fell 2.2 per cent in September, in the eighth straight month of year-on-year decline, according to latest Department of Statistics figures on Tuesday.
Singapore factory outlook stays glum in October despite PMI edging up
SINGAPORE'S manufacturing sentiment remained in the doldrums in October, with the Purchasing Managers' Index (PMI) edging up 0.1 point to 49.6, its sixth straight month in contractionary territory. A...
Technical recession or not, underlying factors matter more
SINGAPORE'S narrow escape from recession in the third quarter may be good news for consumer sentiment, but it is arguably more productive to focus on specific aspects of the economy, rather than...
EDBI joins dental 3D printing firm's latest funding round
SINGAPORE Economic Development Board corporate investment arm EDBI is among the investors in dental 3D printing firm Structo's latest funding round, which closes on Oct 15, EDBI told The Business...
MAS eases monetary policy 'slightly' in October
THE Monetary Authority of Singapore (MAS) has eased monetary policy "slightly" in its latest half-yearly monetary policy review on Monday, making the slope of the Singapore dollar nominal...
Y Ventures gets listing and quotation notice for 24.66m placement
CATALIST-LISTED e-commerce firm Y Ventures has received the listing and quotation notice for its proposed placement of 24.66 million new ordinary shares at S$0.0812 apiece, it said on Friday night...
'Unlikely, undesirable' to classify ride-hailing drivers as employees
A NEW Californian law threatens ride-hailing firms' business models by classifying their drivers as employees. Such a move is unlikely and undesirable in Singapore, say experts and stakeholders,...
BreadTalk founder's stake in Pacific Sogo 'will not give management rights'
BREADTALK founder George Quek's acquisition of a stake in Taiwan's Pacific Sogo Department Stores will not give him and his business partner management and controlling rights, Sogo holding company...
BreadTalk promotes 3 C-suite executives following group CEO's resignation
BREADTALK Group on Monday announced the promotions of three C-suite executives, who will all gain new roles while retaining their current ones, with effect from Oct 1.
Weak data bolsters forecasts of 'slight' easing by MAS
SURPRISINGLY weak industrial production figures have strengthened economists' expectations that the Monetary Authority of Singapore (MAS) will loosen policy in its upcoming half-yearly policy...