2019 exports forecast slashed as Q2 performance dives 14.6%
IT WAS a sea of red as Singapore's non-oil domestic exports (NODX) sank by double digits in the second quarter, marking its third straight quarter of decline.
Temasek's Heliconia takes stake in gaming chair firm Secretlab
TEMASEK-OWNED Heliconia Capital Management is taking a minority stake in home-grown gaming chair brand Secretlab, in a deal estimated at S$200 to S$300 million.
NODX forecast slashed to -9 to -8% for 2019; Q2 performance sinks by double-digits
SINGAPORE’S key non-oil domestic exports (NODX) sank by double digits in the second quarter, contracting by 14.6 per cent compared to a year ago, Enterprise Singapore said on Tuesday.
Singapore retail sales dive in June, marking 5th straight month of decline
RETAIL takings plunged in June compared to a year ago on the back of poor motor vehicle sales, resulting in a fifth straight month of decline.
LiquidX partners DBS; ramping up expansion plans in Singapore
NEW York-headquartered trade finance marketplace LiquidX has managed to get DBS, South-east Asia's largest lender, onboard its network - the first bank here in Singapore to do so.
Sentiment tanks, services firms less upbeat in H2: surveys
BUSINESS sentiment for the second half of 2019 sank among manufacturers and services firms in Singapore on the back of global trade tensions, according to two surveys released on Wednesday.
DBS confident in fending off digital challengers
DBS is "relatively confident" about taking on digital bank challengers, as it is fairly advanced in terms of its digital capabilities and solutions on the back of its headstart, said CEO Piyush...
Positive moves to tackle shortage of Singapore MNCs
GETTING local companies to venture overseas to build the "external wing" of the Singapore economy is nothing new. But ever since internationalisation was proposed as an economic strategy back in...
Scale-up SG to groom promising local firms to be world powerhouses
A NEW initiative to turbo-charge the growth of promising local enterprises to become international names was launched on Wednesday, as part of the government's efforts to grow more companies that...
Way forward is to grow external wing to beat constraints: Chan Chun Sing
IN the next lap of Singapore's economic development, local companies will see the world as their hinterland, instead of being constrained by geographical size or location, said Minister for Trade...