News

NODX on pace for fastest growth in at least 7 years; 2017 forecast raised to 6.5%-7.0%

SINGAPORE'S trade agency is raising its full-year forecast for non-oil domestic exports (NODX) after the trade benchmark grew at a faster 7.6 per cent year-on-year pace in the third quarter of...

Nets to score home run with S$30m investment in cashless platform

NETS - the payment services group owned by DBS Bank, OCBC Bank and United Overseas Bank - said on Monday that it will invest more than S$30 million to launch a unified e-payments platform in...

SGQR: One e-payment code to rule them all?

Next Monday, the Monetary Authority of Singapore will unveil the specifications of a national QR code, a move that marks one of the biggest steps towards finally unifying the country's deeply...

Customers might have to pay tax on goods and services bought online

SINGAPORE - Goods and services tax (GST)could soon be levied on e-commerce purchases as the Government looks to diversify its tax base and capture value from this fast-growing sector, experts said...

MyRepublic snags S$70m investment to scale up products, expand regionally

PRIVATE equity firm Makara Capital is putting S$70 million into telecommunications operator MyRepublic, it announced on Wednesday.

Keen to be the next Jack Ma? Get tips from classes run by Alibaba school in Singapore next year

SINGAPORE - Entrepreneurs here can soon learn the secrets of doing well in e-commerce through a course offered by Chinese tech giant Alibaba.

Neo Group in exclusive talks to buy Teochew fish ball noodle business

CATERING company Neo Group has entered into an exclusive negotiation agreement to acquire a chain of Teochew fish ball noodles foodstalls and its related food manufacturing business.

25 trade associations and chambers come under one roof to help companies grow

More than 20 trade associations are set to collaborate more closely in the national push to grow companies and help them venture overseas, with the launch of the new Trade Association Hub in...

RE&S opens 60% above IPO price on debut day

SHARES of RE&S Holdings opened on Wednesday - its first day of trading on the Catalist board - at 35.5 Singapore cents, 61 per cent higher than its issue price of 22 cents.

 

Emerging Enterprise award

Closes April 16, 2020