News

Naiise to close remaining store at Jewel Changi Airport amid financial issues

HOMEGROWN retailer Naiise will close its Jewel Changi Airport store - its last and largest in Singapore - this Sunday, amid an ongoing struggle to pay its vendors.

Businesses unfazed by Jobs Support Scheme error, say situation 'understandable'

THE government's error in distributing certain payouts meant to support businesses during the pandemic is understandable, businesses said, even as they wait to find out if they are affected and...

S$370m in excess JSS payouts wrongly credited to 5,400 businesses last Oct

PROCESSING errors caused S$370 million in excess Jobs Support Scheme (JSS) payouts to be credited to 5,400 businesses last October, the Ministry of Trade and Industry (MTI), Ministry of Finance (...

Grab to launch US$275m fund for social and environmental programmes

GRAB is launching a fund with an initial capital of US$275 million to support programmes aimed at improving the lives of its drivers, delivery riders and merchants, as well as other communities in...

2,500 on-site participants expected for major trade show at Marina Bay Sands

SINGAPORE'S largest trade show since the start of the Covid-19 pandemic will welcome 2,500 on-site participants and some 5,000 online visitors, paving the way for larger business events to take...

S$370m in excess JSS payouts mistakenly made to 5,400 businesses in Oct

PROCESSING errors caused S$370 million in excess Jobs Support Scheme (JSS) payouts to be credited to 5,400 businesses last October, the Ministry of Trade and Industry (MTI), Ministry of Finance (...

Telemedicine firm WhiteCoat raises S$10.8m in venture funding

TELEMEDICINE firm WhiteCoat has raised S$10.8 million in Series A funding, led by a venture capital fund.

M&A, in the midst of a crisis, can be deployed to boost growth

MEASURES put in place to contain the spread of Covid-19 have resulted in significant operational disruptions for many companies. Staff under quarantine, interruptions in supply chains around the...

Digital twin technology can open up vast new possibilities

IN 2014, Singapore launched Virtual Singapore - a digital representation of the country. The digital representation, or twin, can help government agencies collaborate, test-bed new technology, and...

Parcel locker network: private or government-owned?

SINGAPORE'S nationwide parcel locker network is set to be owned and operated by the government entity Pick Network, with 1,000 locker stations expected in HDB estates, transport nodes and...

Deeptech startup Atomionics raises S$2.5m in seed funding to develop product

ATOMIONICS, a deeptech startup which develops quantum sensors that enable navigation without GPS, has raised S$2.5 million in seed funding led by Wavemaker Partners, in partnership with SGInnovate...

 

Emerging Enterprise award

Closes August 28, 2020