News

Annual retail sales fall for the first time in five years

RETAIL sales this year could stay sluggish, analysts warned, after full-year figures were released by the Department of Statistics on Tuesday.

Zilingo reportedly near 'unicorn' status after US$226m Series D round

FASHION and lifestyle products platform Zilingo has raised US$226 million in equity in a series D funding round led by Sequoia Capital.

Hyflux extends deadline to file proofs of claims to March 1

HYFLUX has given creditors and stakeholders a two-week extension to file their proofs of claims ahead of scheme meetings as the water treatment firm undergoes debt restructuring.

How a 27-year-old CEO built a near US$1b fashion start-up in South-east Asia

SINGAPORE (BLOOMBERG) - Zilingo Pte's path to becoming a fashion platform with a valuation approaching US$1 billion began in December 2014 when Ankiti Bose, then an analyst at Sequoia India,...

Singapore retail sales slide 6% in December for full-year 0.7% drop

WHITHER the festive spirit? Retail sales in Singapore fell in December 2018, although eateries did better, according to the latest data from the Department of Statistics (SingStat) on Tuesday.

Singapore-based AI start-up 6Estates completes Series B funding

SINGAPORE - Singapore-based artificial intelligence (AI) start-up 6Estates has completed a Series B funding round, led by Indonesia-focused GDP Venture and participated in by Central Capital...

Fashion platform Zilingo raises US$226m in series D round led by Sequoia

FASHION and lifestyle products platform Zilingo has raised US$226 million in a series D funding round led by Sequoia Capital.

SkillsFuture looks for new ways to measure outcomes of training

EFFORTS to measure the outcomes of training courses are being ramped up, in a bid to increase transparency and to enable more informed decisions to be made, said SkillsFuture Singapore (SSG) chief...

Firms gloomier about H1 2019, BT-SUSS survey finds

HAVING ended 2018 on a subdued note, firms are now gloomier about business prospects in the first half of 2019, the latest quarterly Business Times-Singapore University of Social Sciences (BT-SUSS...

More skills training aid on the way for SMEs

MORE help is on the way to encourage firms to send workers for training, said Senior Minister of State for Trade and Industry Koh Poh Koon during a visit to Singapore medtech manufacturing firm...

 

Emerging Enterprise award

Closes June 1, 2018