News

Singapore factory sentiment negative for fifth month as PMI inches up to 48.0 in June

SINGAPORE manufacturing sentiment picked up again in June as the “circuit breaker” ended, but remained in negative territory for the fifth straight month, according to data out on...

There will always be crises, so let’s boost resilience

by Nitin Pangarkar, Associate Professor, Department of Strategy & Policy, National University of Singapore (NUS) Business School

Gojek names new Vietnam GM; unifies regional branding

INDONESIAN ride-hailing player Gojek has appointed Duc Phung, the chief operating officer of its Vietnamese business, as the new general manager (GM) for the market, the company announced on Friday.

Corporate debt defaults spike in Jan-May this year, exceeding 2019 total: Fitch Ratings

GLOBAL corporate defaults have seen a "dramatic increase" as the economic crisis from the coronavirus pandemic dealt a body blow to companies around the world, Fitch Ratings said.

Singapore retail sales notch record 52.1% drop in May on 'circuit-breaker' fallout

SINGAPORE retail sales plummeted by a record degree in May, as the second month of the national “circuit breaker” extended the sector’s losses.

Wireless laser communications startup Transcelestial snags US$9.6m from EDBI, Wavemaker

SINGAPORE-BASED deep tech startup Transcelestial has raised US$9.6 million in a Series A funding round co-led by EDBI, a Singapore government investment firm better known for later-stage...

Ascendas Reit 'not presently proceeding' with Hyflux moratorium carve-out request

ASCENDAS Real Estate Investment Trust (Ascendas Reit) has informed the Singapore High Court that it is "not presently proceeding" with its application to be carved out of Hyflux's debt moratorium...

Singapore Wirecard merchants scramble to jump ship

SINGAPORE merchants that use Wirecard to process payments are quickly switching to the beleaguered fintech's competitors, spooked by the downfall of the Wirecard parent that has collapsed into...

More good jobs and better life for all Singaporeans: Heng

SINGAPORE under the People's Action Party (PAP) in the next five years will see efforts stepped up to transform and grow the economy to make it more innovative and resilient, the party said on...

Sustainable healthcare needs change in focus

COVID-19 is not the first pandemic the world has seen, and it certainly won't be the last. But it has thrown up many questions about our healthcare systems, chief among them: how do we create a...

 

Emerging Enterprise award

Closes June 5, 2020