News

Show me the money: What's wrong with the startups picture?

Not so long ago, investors would have frowned on a company headed for the stock market with no profitability – and no clear sight of future profits – to show.

Most startup businesses are doomed

I USED to have a 1907 photography annual that carried ads for cameras made by hundreds of small British companies. Not many of those nascent tech businesses survived, even if their products were...

Liquid Group partners Indonesia's CIMB Niaga for crossborder QR payments

SINGAPORE startup Liquid Group is partnering Indonesian bank CIMB Niaga, majority-owned by CIMB Group, to facilitate crossborder QR (Quick Response) payments between Singapore and Indonesia.

Singapore VC BlueRed Partners leads US$22m Series B round in sugar reduction startup DouxMatok

LOCAL venture capital firm BlueRed Partners has led a US$22 million Series B funding round in Israel-based sugar reduction solution startup DouxMatok.

Lawyer Jeffrey Ong faces 13 fresh charges, and is denied bail

JLC Advisors managing partner Jeffrey Ong Su Aun, pressed by partners of his law firm to account for unauthorised withdrawals of clients' money, took off to Malaysia on May 13, leaving Singapore...

SBI Offshore may have breached Catalist rules: report

SBI Offshore may have breached various Catalist listing rules during a share placement conducted in 2014, a report from independent reviewer KordaMentha found on Thursday.

Hour Glass co-founder Jannie Chan seeks stay of bankruptcy order; owes moneylender over $4m

The Hour Glass co-founder Jannie Chan has been made a bankrupt for owing a licensed moneylender more than $4.15 million.

Singdollar expected to fall further even as Fed signals rate cuts

The Singapore dollar is expected to fall further against the greenback, said most experts, even as the US Federal Reserve indicated yesterday that it could soon cut interest rates.

SGX queries Parkson Retail Asia on trading volume

Department store operator Parkson Retail Asia has been asked by the Singapore Exchange (SGX) about the "unusual volume movements" in the trading of its stock after turnover soared to more than...

A debit card for businesses

Whether your business is a private medical clinic opening an overseas branch, a tuition centre in the heartlands, a small and medium-sized printer, or a homegrown fashion brand, this debit card is...

 

Emerging Enterprise award

Closes June 1, 2019