News

Manufacturing downturn may be bottoming out as Singapore factory activity improves in November

SINGAPORE - Manufacturing sentiment remains in the doldrums but a key gauge out on Tuesday (Dec 3) suggests that the seven-month slump at the factory gate may be over.

Singapore salaries to rise in 2020 as talent pool is 'shrinking': Mercer survey

SINGAPORE'S economy may be facing headwinds and inflation's muted but companies in the South-east Asian city-state are set to step up salary increases next year in a bid to retain staff, according...

Jungle Ventures invests in BookMyShow's South-east Asia business

SINGAPORE-BASED venture capital firm Jungle Ventures has invested an undisclosed amount into the South-east Asian arm of online entertainment ticketing platform BookMyShow, through its parent...

Digital payment platform FinAccel raises US$90m in Series C funding

SINGAPORE-BASED consumer credit startup FinAccel on Tuesday said it has raised US$90 million in an oversubscribed Series C equity funding round, bringing the total capital raised across both debt...

US billionaire problem worsening

OUR billionaire problem is getting worse. Any market-oriented economy creates opportunities for new fortunes to be built, including through innovation. More innovation is likely to take place...

After the storm, calmer waters now

RASEL Catering generates millions in turnover these days, but it has had its share of bad bets and low periods. In 2003, the homegrown caterer tried its hand at operating restaurants and opened...

Making a hole in the sky

SMALL and Medium Enterprises (SMEs) have played an important role in Singapore's economy.

Waste management company 800 Super unveils S$130m integrated facility in Tuas

LOCAL waste management company 800 Super officially opened its new, S$130-million integrated energy and resource recovery facility in Tuas South on Monday.

Sasa to close all 22 cosmetics retail shops in Singapore, 170 staff affected

Its stores here recorded losses for six consecutive years despite its efforts to turn the business around.

Hong Kong awaiting 'enormous' retail hit amid political unrest

HONG KONG (BLOOMBERG) - Hong Kong businesses that have managed to stay afloat through almost six months of sometimes violent protests are looking to the upcoming Christmas and Chinese New Year...

 

Emerging Enterprise award

Closes June 1, 2019