News

Rex International has $98m war chest; plans to monetise Oman asset by end-2019

SINGAPORE - Oilfield services firm Rex International Holding on Monday (Aug 19) said it has a war chest of about US$70.8 million (S$98.1 million) comprising cash, cash equivalents and quoted...

From sleepless in Singapore to US$70m for cut-rate hotels

[SINGAPORE] Amit Saberwal went through many a sleepless night when he first began pitching the idea that became Southeast Asia's top online budget-hotels service, RedDoorz.

Retirement age, CPF rates for older workers to be raised: PM

FROM helping older workers stay employed to tackling climate change, Prime Minister Lee Hsien Loong addressed major issues for Singapore's future in Sunday night's National Day Rally - while...

As firms adapt to new guidelines, employees must reskill earlier to work longer

IT'S a known fact that Singaporeans are living much longer these days, with the country's life expectancy at birth currently the longest in the world at 84.8 years - even greater than that of...

US-China tensions will affect S'pore, but slowdown not hitting jobs yet: PM Lee

GROWING tensions between the United States and China have an impact on both Singapore's foreign relations and economic growth, Prime Minister Lee Hsien Loong said in his Chinese speech during...

July NODX slide improves but no rebound in sight

EXPORT recovery is nowhere in sight for trade-dependent Singapore even as the country's latest key non-oil domestic exports (NODX) performed better than expected.

Unmanned stores one way to beat retail manpower crunch

SINGAPORE retailers must evolve and adopt technology solutions to compete effectively in a difficult economic environment; and unmanned store concepts are one way in which some local enterprises...

Hyflux to 'engage exclusively' with Utico until Aug 26 for a rescue deal

HYFLUX intends to enter into exclusive talks with Utico from now until Aug 26, as its negotiations with Utico are the most advanced among all the potential investors, the beleaguered company said...

Carousell bets on ad dollars; may fundraise in next 2 years

CLINCHING advertising dollars will be a core focus for Carousell this year, and the online marketplace operator is willing to dish out more cash on talent to drive growth, chief executive Quek Siu...

The way back to black: Saving a sinking company is tricky in a sea of divergent interests

The way back to black for financially struggling listed companies is more often than not a long and arduous one.

 

Emerging Enterprise award

Closes June 1, 2019