News

New portal to help Singapore SMEs navigate government support schemes

A NEW business portal set to launch on Aug 11 will aid small and medium-sized enterprises (SMEs) in navigating the numerous government support schemes available to help them seize new...

TradeGecko sale validates exit potential of similar Asean startups

THE sale of Singapore startup TradeGecko to Intuit Inc validates the exit potential of South-east Asia's Software-as-a-Service (SaaS) startups, showing that there is substance to the hype, venture...

Synagie shares up 6.9% on proposed e-commerce business disposal

SHARES of Synagie Corporation gained 6.9 per cent on high trading volume Wednesday, after the company said it plans to dispose of its e-commerce business for S$61.7 million which will allow it to...

PhillipCapital dubs Koufu 'best in class', sees move to new facility as major catalyst

PHILLIPCAPITAL on Wednesday initiated coverage on Koufu Group with a "buy" recommendation and a target price of 80 Singapore cents.

Borrowers in Malaysia can tap targeted relief from Oct 1: report

THE move by Malaysia's central bank to extend relief to a targeted group of borrowers after a blanket moratorium expires on Sept 30 could apply to more than the three million individuals and...

Smart buildings in a Covid-free World

COVID-19 has indelibly transformed the way society thinks and interacts. Extended lockdowns around the world have compelled most people to work from home. And while some may perceive this as...

New relief fund and pledge of 1,000 jobs extended to hospitality and F&B workers

SINGAPORE-based hotel chain Park Hotel Group and YMCA of Singapore, as well as Helpling, a home-services company, have stepped up to extend support to workers in the hospitality and food and...

Over 3 million SMEs, individuals in Malaysia could tap targeted relief from Oct 1: UOB economists

THE move by Malaysia's central bank to extend relief to a targeted group of borrowers after a blanket moratorium expires on Sept 30 could apply to more than the 3 million individuals and businesses...

Broker's take: PhillipCapital says Koufu a 'buy' on superior growth, potential asset sale

PHILLIPCAPITAL on Wednesday initiated coverage on Koufu Group with a "buy" recommendation and a target price of S$0.80.

Singapore retail sales fall 27.8% in June after partial reopening

SINGAPORE retailers saw till takings slide again in June, after the end of a two-month "circuit breaker" in April and May, despite looser coronavirus restrictions part-way through the month.

Indonesia bill payment startup Ayoconnect raises US$5m in pre-Series B round

INDONESIAN fintech company Ayoconnect has raised US$5 million in a pre-Series B funding round from investors including BRI Ventures, the corporate venture capital arm of Indonesia's Bank BRI;...

 

Emerging Enterprise award

Closes August 28, 2020