News

Singapore malls foot traffic almost back to normal: CapitaLand

CUSTOMERS are once again going shopping with foot traffic especially in the suburban malls almost back to normal, said Lee Chee Koon, CapitaLand group chief executive on Wednesday.

CapitaLand senior management, board members to take pay cut amid virus outbreak

PROPERTY giant CapitaLand on Wednesday announced a pay cut for board members and senior management, as "a show of togetherness and solidarity" with stakeholders amid the virus outbreak.

How ride will Grab-Gojek merger be?

THE ride-hailing sector is abuzz with merger talks between Grab and Gojek. Will it be a merger or a takeover? Who's the acquirer and who's the target?

George Quek leads offer to privatise BreadTalk; group in the red for Q4 and FY19

BREADTALK Group's George Quek, his wife Katherine Lee and a substantial shareholder have launched a voluntary conditional cash offer for all the ordinary shares in BreadTalk at S$0.77 apiece, with...

Use downtime to transform: DPM Heng

FIRMS should use the downtime from the Covid-19 outbreak to transform, tapping not just the virus support package but also government support for transformation, said Deputy Prime Minister and...

SIA freezes ground staff hiring; eyes voluntary no-pay leave

SINGAPORE Airlines (SIA) has introduced a hiring freeze and is contemplating other cost-cutting measures amid the novel coronavirus outbreak.

No let-up in push to reduce foreign labour dependency even in trying times

AMONG the various forms of help that Budget 2020 brought for businesses affected by the Covid-19 outbreak, one potential measure was conspicuous in its absence: the loosening of foreign worker...

Prudential Singapore gives out 200 Care Kits to taxi and private hire drivers

A GROUP of employees from Prudential Singapore's customer division on Tuesday gave out 200 Care Kits to taxi and private hire drivers who stopped by Marina One's driveway.

By George! BreadTalk's off the shelf

IT WAS only last October that George Quek, the executive chairman and chief executive officer of BreadTalk Group, told The Business Times that he had no plans to delist the homegrown food and...

Bosses should be fair during virus crisis, people should go back to spending: Josephine Teo

MANPOWER Minister Josephine Teo has called on employers to be fair and open with workers even as companies here take a hit from the impact of the global Covid-19 outbreak.

Grab raises US$850m to expand into financial services

[SINGAPORE] Grab, Southeast Asia's most valuable startup, raised more than US$850 million from Japan's Mitsubishi UFJ Financial Group and TIS to bankroll its expansion into financial services in...

 

Emerging Enterprise award

Closes April 16, 2020