News

Winding-up petitions filed against PappaRich Group

WINDING-UP petitions have been filed against food-chain operator PappaRich group, an indirect subsidiary of the Australia-based ST Group Food Holdings.

Total disclosed PE and VC deal value down 65% in Q1: EY

PRIVATE equity (PE) and venture capital (VC) activity in South-east Asia was sluggish in the first quarter of 2020 amid the Covid-19 pandemic, though investments in some segments are expected to pick...

South-east Asia's first Korean startup centre in Singapore focuses on fintech, cybersecurity

A SOUTH Korean startup centre - the first in South-east Asia - was officially opened in Singapore on Wednesday, with a focus on fintech and cybersecurity.

GS Holdings says difficult to sell assets of subsidiaries as consisted of software

GS Holdings has responded to queries from the Singapore Exchange (SGX) about the sale of its subsidiaries for S$2, saying that the subsidiaries' assets comprised human resource and accounting...

Telemedicine in the pink as Covid-19 gives shot in arm of nascent industry

THE Covid-19 pandemic has prompted a fresh wave of interest in telemedicine apps - with even corporate giants joining startups in ramping up services. While changing doctor and patient mindsets...

Singapore's productivity and median wage have grown by a third in the last 10 years: Tharman

CONTRARY to the "urban myth" that Singapore has failed in its quest to raise productivity, the nation's productivity and median wage have grown by about a third over the last decade, Senior...

No plans to go back to Phase 1 after GE; rise in cases will be monitored

THERE are no plans to revert to Phase 1 or a lockdown immediately after the General Election, despite a recent uptick in the number of new community cases reported daily, the multi-ministry...

GS Holdings looks to scrub out cleaning, dishwashing business

GS HOLDINGS is proposing to sell two wholly-owned subsidiaries for S$2, in a move that will take the company another step further from its dishwashing roots, but a step closer to focusing on newer...

More Covid-19 cases linked to workplace transmissions in Phase 2

WHILE the total number of daily new Covid-19 cases in Singapore has declined since the circuit-breaker period, the proportion of community cases transmitted in workplace settings has risen in the...

384 dormitories declared cleared of Covid-19 virus: MOM

THE Ministry of Manpower (MOM) announced on Tuesday that 384 more dormitories have been cleared of the novel coronavirus.

 

Emerging Enterprise award

Closes June 5, 2020