News

DLF Holdings warns of H1 loss on tough operating environment

SINGAPORE - DLF Holdings is expected to report a significant loss for H1 2019 due to weak revenue arising from the challenging environment which the group operates in, it said in a profit guidance...

Singapore headline, core inflation weaken in June

SINGAPORE'S headline inflation eased in June, ending a four-month streak of edging upwards, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core...

Singapore core inflation falls to 2-year low

The measure came in at 1.2 per cent year-on-year in June, down from 1.3 per cent in May, due to lower services and retail inflation, as well as a steeper decline in the cost of electricity and gas...

Private-hire drivers caught hacking Grab, Gojek apps

Bootleg versions of these apps allow drivers to bypass verification, fake their location, cancel jobs without being penalised and, in some cases, view private customer information.

Trax gets US$100m funding to become Singapore's second unicorn after Grab

SINGAPORE (REUTERS) - Image recognition technology firm Trax, a start-up that is backed by US private equity giant Warburg Pincus and counts Heineken and Nestle among its clients, said it has...

Venture firm Cocoon Capital raises $30m for 2nd tech start-up fund

SINGAPORE - Singapore-based venture firm Cocoon Capital has raised $30 million for its second fund to aid enterprise tech start-ups in South-east Asia.

Alliance Mineral requests trading halt pending an announcement

SINGAPORE - Catalist-listed miner Alliance Mineral Assets requested a trading halt on Tuesday morning (July 23) just before the market opened, pending the release of an announcement "in relation...

Tag-team tack keeps Singapore businesses sustainable, fighting fit

AS companies recognise the need to innovate and transform their businesses to remain sustainable and competitive, partnerships between traditional enterprises and innovative tech startups are...

Managing a business ethically burnishes reputation

SAC CAPITAL Private Limited is a reputable corporate finance company whose co-founder and chief executive officer, Mr Ong Hwee Li, lives by the motto "Excuses are for losers". He was inspired by...

The Sky's the limit for homegrown vertical farm

SKY Greens, a local vertical farm, has sky-high ambitions. It has tested out the feasibility of establishing vertical farms on the rooftops of Housing Development Board (HDB) buildings, schools...

Singapore fintech body in tie-up with financial platform firm

THE Singapore Fintech Association (SFA) has inked an agreement with the Asean Financial Innovation Network (AFIN) to collaborate, adding to SFA's current bench of 48 partnerships, which serve to...

 

Emerging Enterprise award

Closes June 1, 2019