News

Canadian AI firm raises US$102m in funding, to open SEA hub in Singapore

ARTIFICIAL intelligence (AI) company Element AI said on Thursday that it has raised US$102 million in Series A funding, believed to be the largest amount for an AI company to-date.

RTO talk lifts LifeBrandz, prompting query

SHARES in LifeBrandz Limited were heavily traded on Wednesday on rumours of a potential reverse takeover. But the lifestyle and entertainment company, in an after-market response to a Singapore...

Kimly buys coffee shop and industrial canteen

SINGAPORE'S largest traditional coffee shop operator Kimly Limited has gone on an acquisition spree in a bid to expand its kopitiam empire further.

TLV sets up JV, plans to enter China retail market

HOMEGROWN jeweller TLV Holdings has entered into a joint venture (JV) agreement with Guangdong-based Maoming LiuTao Zhubao Chuangyi Chanye Co to set up retail outlets in Maoming and other parts of...

Singapore firms fail to be proactive about risks

QBE Insurance's The Risk of Regret report revealed that the top three risks encountered by businesses in the past 12 months were loss of income due to business interruption, business systems and...

Ferrero opens Asian innovation centre in S'pore

It may be hard to think of how well-loved chocolate products like Ferrero Rocher and hazelnut spread Nutella can be improved, but the company behind the sweet treats is looking to do just that by...

World Class Global's IPO over-subscribed

THE property arm of jeweller, Aspial Corp, has seen brisk demand for its initial public offering (IPO), which was over-subscribed at the close of the public offer via the Catalist board.

Employees seek more from workplace to meet demands of digital age: study

SINGAPORE - Employees in Singapore do not feel empowered to embrace the demands of the digital workplace, a new study has found.

More Singapore contractors and consultancies ventured abroad in 2015: BCA survey

SINGAPORE - More Singapore construction and consultancy firms ventured overseas in 2015, with the number of projects secured nearly doubling from the previous year.

Analysts raise Singapore's 2017 growth forecast to 2.5% from 2.3%: MAS survey

SINGAPORE - Analysts have raised their growth forecast for Singapore's economy this year to 2.5 per cent, up from 2.3 per cent, according to a quarterly survey released by the Monetary Authority...

 

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