News

MNCs eye local market hires, instead of expat pool, to drive strategic growth in S-E Asia

MORE multinational corporations (MNCs) are increasingly turning to the local market, instead of the top expatriate talent pool, to find that special leader to drive their strategic growth in South...

Start-up looks to help smaller commercial facilities reduce energy consumption

Mr Jason Tang was troubled that commercial facilities left their machines running even when they were not required.

40% of Singapore-based employers plan to hire more staff: Survey

A significant number are looking for people with information technology or IT capabilities.

Eight chicken suppliers in Singapore get reduced penalties after successful appeal

EIGHT distributors of fresh chicken had their penalties reduced upon appeal for their roles in a case of price-fixing and non-competition agreements involving 13 traders and distributors.

Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms

SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed confidentially to launch a special purpose acquisition company (SPAC) targeting...

Prestige Biopharma eyes at least 1.8t won valuation in Korean IPO

SINGAPORE-BASED Prestige Biopharma expects an implied market capitalisation of between 1.8 trillion won and 1.93 trillion won (S$2.2 billion to S$2.3 billion) in its upcoming initial public...

Trial reopening of nightclubs and karaoke joints put off amid rise in community cases

THE reopening of selected nightclubs and karaoke joints under a pilot programme has been postponed till further notice, amid a spike in the number of Covid-19 cases in the community.

SBF, trade bodies lead way on fair employment

THE pledge made by the 29 trade associations and chambers (TACs) to support fair hiring and employment practices is as much a commitment to the Singapore core as it is a commitment to hiring based...

Fintechs' moves to acquire Indonesian banks will rev up competition: Fitch

RECENT moves by tech firms to acquire small Indonesian banks will add more colour to Asean's financing landscape, but are unlikely to pose a material challenge to the biggest incumbent lenders in...

Economists still expect more monetary support, despite Malaysia's latest fiscal package

MALAYSIA'S latest assistance package may not change expectations for further monetary support, said economists, who still expect an upcoming 25 basis points cut to the overnight policy rate.

 

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