Grab cuts headcount by 5% amid Covid-19 economic fallout
Technology company Grab is cutting about 360 jobs, or around 5 per cent of its headcount, amid the growing economic fallout from the Covid-19 pandemic.
Singapore to continue investing in its intangible strengths such as openness, trust and resilience, says Chan Chun Sing
SINGAPORE - Many investors have set up and expanded their businesses here over the years because they see Singapore's intangible strengths, which cannot be easily replicated elsewhere, Trade and...
Pandemic curbs spark idea for sideline delivery business
The Covid-19 pandemic pushed Ms Rachel Tan to fulfil her entrepreneurial dreams.
Singdollar deposits hit new high, with banks reporting that customers are saving more
SINGAPORE - Retail deposits in Singapore have grown by up to 40 per cent at two local banks amid economic fall-out due to the Covid-19 outbreak, compared with a year ago, as more bank customers...
Over 32,000 healthy foreign workers moved into temporary accommodation
More than 32,000 healthy foreign workers have moved into temporary accommodation in sports halls, vacant Housing Board blocks and army camps provided by the Government in a move to curb Covid-19...
Almost 4,000 electronic notifications for relief from contracts served
Most of the businesses and individuals who could not fulfil their contractual obligations due to Covid-19 safe distancing measures sought relief from hire-purchase agreements for commercial plant...
S'pore banks in China act to protect staff, customers
About 700 OCBC employees across China will eat packed lunches at their desks this week to minimise their chances of catching the coronavirus that has plagued the world's second-largest economy....
Production, shipment delays hit manufacturers
Singapore manufacturers are concerned that delays in production, shipment and delivery due to shuttered factories and quarantined workers arising from the worsening coronavirus outbreak will...
Firms affected by the outbreak
One of the world's largest smartphone manufacturers has suppliers in Wuhan, the epicentre of the coronavirus outbreak.
Look Back 2019: Disruption ahead in financial sector as digital-only banks loom
Moves to set up digital-only banks are underway in Singapore as the regulator rounds up applications this month.