News

Markets wrap: Tech leads US stock advance; crude oil declines

NEW YORK (BLOOMBERG) -US equities gained, led by FANG shares, while European stocks pared losses following a mixed session in Asia as a big week for central-bank policy gets underway. Crude oil...

Singapore's 3 big banks can defend market share against fintech threats: Moody's

SINGAPORE - The three largest banks by assets in Singapore will be able to defend their market share against fintech competitors, despite the rapidly growing threats to their bank business from...

Chinese power service provider eyeing Hyflux assets

DEBT-RIDDEN water treatment firm Hyflux has received a fourth non-binding letter of intent (LOI) for a potential investment from a Chinese power service provider.

Circles.Life has a game plan for growth

CIRCLES.LIFE just wrapped up another funding round - but it seems to never press "pause", as co-founder Abhishek Gupta laid out ambitious expansion plans at the three-year-old mobile virtual...

Allied Tech appoints PwC as special auditor which will report to SGX RegCo

PRECISION engineering company Allied Tech on Friday said that it has appointed PwC as its special auditor to investigate the circumstances surrounding certain transactions, including the placing...

Digital transformation: big gaps between goals and reality

YOU might not be considering digital transformation when you're getting in your car to go to the office in the morning. But perhaps you should.

SPH in pilot to use blockchain to ease life insurance claims

SINGAPORE Press Holdings (SPH), NTUC Income (Income) and global life insurance company MetLife's innovation centre are piloting from this month an industry-first initiative to automate life...

Deploying blockchain in durian trade is bearing fruit

BLOCKCHAIN is commonly associated with digital coins, but its deployment in the track-and-trace process of the supply chain may yield benefits beyond raising efficiency.

It Changed My Life: Told he could never walk again, Desmond Lim now helps others find their feet

It was a hot January afternoon in 2013. The sun was beating down on Desmond Lim as he sat astride his Kawasaki Versys 1000, waiting for the traffic light to turn green on a country road near...

Chasing perks: is there a darker side to fancy offices and benefits?

THESE days, that ping-pong table in the office is not so unique anymore. In Singapore, employers are now dangling increasingly outrageous benefits such as unlimited vacation, cryopreservation, and...

 

Emerging Enterprise award

Closes June 1, 2019