News

Carousell's monetising push quadruples 2018 sales, but it's still US$25m in the red

CAROUSELL's monetisation efforts may be starting to pay off, as the online marketplace operator quadrupled revenue to US$7 million in 2018, according to regulatory filings obtained by The Business...

BreadTalk CEO resigns for health reasons

BreadTalk group chief executive Henry Chu has resigned for "personal and health reasons", it was announced yesterday.

Singapore ups the ante in chips industry's future

SINGAPORE will still be a hotspot for the semiconductor industry, Deputy Prime Minister Heng Swee Keat has said - in spite of a chipmaking decline that saw the economy grind to a halt in the...

SoftBank upends Latin American startups with billion-dollar deal binge

[SAO PAULO] SoftBank Group's Latin America foray, a multibillion-dollar deal spree that minted a wave of "unicorns" and upended the region's startup landscape, is just getting started.

BreadTalk CEO quits, chairman to take over

THE group chief executive officer (CEO) of BreadTalk Group, Henry Chu Heng Hwee, will leave the company with effect from Dec 31, 2019.

2019 exports forecast slashed as Q2 performance dives 14.6%

IT WAS a sea of red as Singapore's non-oil domestic exports (NODX) sank by double digits in the second quarter, marking its third straight quarter of decline.

Growth downgrades, heightened risks and the stimulus question

AS Singapore further slashed its official growth forecast on Tuesday, the question of economic stimulus moves loomed large.

Temasek's Heliconia takes stake in gaming chair firm Secretlab

TEMASEK-OWNED Heliconia Capital Management is taking a minority stake in home-grown gaming chair brand Secretlab, in a deal estimated at S$200 to S$300 million.

A practical approach to Industry 4.0

WITH recent news of retrenchments and economic uncertainty especially for PMETs (professionals, managers, executives and technicians), a key concern for most people is remaining employable in an...

I just wanted to help, says man who rescued driver

Food delivery rider Muhammad Riau Alfian, 28, had just completed a delivery and was heading back to Jurong Point on Saturday morning when he spotted a commotion.

 

Emerging Enterprise award

Closes June 1, 2019