News

MDI Ventures, KB Investment launch growth-stage Centauri Fund

THE venture capital arm of Telkom Indonesia and a unit of South Korea's KB Financial Group have jointly launched Centauri Fund, a growth-stage fund with a US$150 million target. It will invest in...

Asahi unit to acquire Singapore vending machine operator Advend Systems

THE latest in a string of private deals involving Singapore’s small and mid-sized enterprises (SMEs), homegrown vending machine operator Advend...

Employment grew in third quarter this year, but so did unemployment: MOM

[SINGAPORE] Employment grew in the third quarter this year as the economy picked up slightly, even as unemployment, including long-term unemployment, crept up, according to a Manpower Ministry...

Gap between jobs and skills will widen as businesses transform: Josephine Teo

SINGAPORE - The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore must see this as an opportunity, said Manpower Minister Josephine Teo.

YouTube bans 'implied' threats

[SAN FRANCISCO] YouTube broadened its anti-harassment policies on Wednesday to include a ban on "implied" threats along with insults based on race, gender identity or sexual orientation.

Facebook, Google drop out of top 10 'best places to work'

NEW YORK (BLOOMBERG) - Big tech companies like Facebook Inc and Alphabet Inc's Google, long seen as some of the world's most desirable workplaces offering countless perks and employee benefits,...

Korean cosmetics wave turns architecture major into billionaire

SINGAPORE (BLOOMBERG) - ChinWook Lee quit a career working for an architecture company in South Korea to start his own business, aiming - of all things - to revolutionize the cosmetics industry...

Mega sales help, but may not revive Singapore's retail sector

RETAILERS are ending the year with a bang by pulling out all the stops for possibly the last mega sale of the year. The 12.12 sale on Dec 12 comes on the tail of three successful clearance rounds...

Bonuses: Follow the civil service's philosophy, not figures

THE received wisdom is that civil service bonuses serve as a benchmark not just for government agencies and statutory boards, but private sector firms too.

Analysts see clearer signs of a pick-up next year: MAS survey

HOPES of an economic boost from fiscal stimulus have dimmed, even as global trade tensions continue to weigh on the growth outlook, according to the latest quarterly survey of private-sector...

 

Emerging Enterprise award

Closes June 1, 2019