News

Retail sector to see slow, steady growth in 2021

INCREMENTAL growth is on the cards for the retail sector in 2021, as Singapore cautiously reopens its borders to stimulate the economy while containing the risks of a Covid-19 resurgence.

Eateries see surge in bookings over year-end period

While Covid-19 might have dented the food and beverage business last year, eateries enjoyed a burst of activity last month, with more bookings made compared with a year ago before the pandemic...

Robinsons to shut last store at Raffles City by Jan 10

Robinsons will close its last store at Raffles City by Jan 10, bringing 162 years of history to an end.

Broadway to sell entire manufacturing business for US$50m

MAINBOARD-LISTED Broadway Industrial Group has inked a conditional sale and purchase agreement to sell its entire business of manufacturing actuator arms and related parts for US$50 million.

Economists expect smaller but more calibrated Budget in 2021

BUDGET 2021 is likely to remain expansionary as Singapore's economy moves into the next phase of recovery from its worst-ever recession, although the scale of support is likely to be smaller than...

Singapore must position for success within new global supply chains: Chan Chun Sing

AS Covid-19 accelerates shifts in global supply chains, Singapore must aim to be at the critical nodes when attracting investments, said Trade and Industry Minister Chan Chun Sing at the EDB...

Singapore air crew to undergo more PCR tests, minimise contact during layovers: CAAS

AIR crew of Singapore carriers will now have to undergo more Covid-19 tests and minimise their contact with locals while on layover, the Civil Aviation Authority of Singapore (CAAS) said on...

Terence Loh lodges police report over 'improper transfers' of S$5m

DISPUTES between the Loh cousins are deepening, with Terence Loh Ne-Wei having made a police report alleging improper transfers of over S$5 million from wine distributor Giron's accounts. The...

A year when some retailers lost the battle for survival

Retailers have had it tough for some time, with bricks-and-mortar operators under siege from online sellers, but they met with greater challenges this year amid a pandemic that has wreaked havoc...

Karaoke outlet ordered shut for 20 days for Covid-19 breaches

A karaoke outlet has been ordered to suspend operations for 20 days for failing to comply with Covid-19 safe management measures on Christmas Day.

 

Emerging Enterprise award

Closes August 28, 2020