News

Corporate cost-cutting taking the sweet out of mooncakes

THE upcoming Mid-Autumn Festival will not be as sweet for mooncake sellers as previous years, with corporate sales tapering off amid Covid-19.

SIA pilots taking deeper pay cuts to avert layoffs

SINGAPORE Airlines' (SIA) local pilots will take additional pay cuts to stave off lay-offs as the carrier restructures to rightsize its operations.

Warehouse rents in Asia-Pacific hold steady on e-commerce demand: Knight Frank

THE first half of 2020 largely turned out to be a "resilient" period for Asia-Pacific warehouse markets; and expectations are for this sector's rents in Singapore to remain stable till the rest of...

Singapore insurers extend premium-deferment measures

THE General Insurance Association of Singapore (GIA) and the Life Insurance Association, Singapore (LIA Singapore) on Friday announced the extension of relief measures that will give policyholders...

Covid-19 turmoil creates fresh openings for new startups

THE economic downturn can in fact be an opportunity for entrepreneurs to launch new ventures, startup veterans and investors tell The Business Times. While funding may be tougher to secure, new...

Electronics rebound will give lasting boost to Singapore exports: Analysts

SINGAPORE'S non-oil domestic exports (NODX) outshone market watchers' expectations in August, clocking year-on-year growth of 7.7 per cent.

Zopim co-founder eyes post-Covid travel surge with startup GoTrippin

EVEN as the travel sector has turned moribund, entrepreneur Royston Tay sees opportunity. The co-founder of Zopim, one of Singapore's earliest startup successes, is now working on a new traveltech...

Top Glove banks on product line diversity as glove sales continue rising

TOP Glove Corporation is advising some of its customers to switch to latex gloves from nitrile gloves as competition intensifies and the industry battles what may become a global shortage for high...

CEOs of bigger Singapore firms more optimistic now: KPMG

BUSINESS leaders in Singapore have become more confident in the medium-term future of their firms and the economy, despite a bleak global outlook, showed a KPMG snapshot survey of 25 chief...

GovTech licenses smart thermal scanner software to 3 SMEs and a non-profit body

THE Government Technology Agency (GovTech) has licensed the software for SPOTON, a smart thermal scanner for mass temperature screening, to four Singapore-based distributors, it said on Thursday...

 

Emerging Enterprise award

Closes August 28, 2020