News

Beyond 50: Singapore's growth strategy shifts

SINGAPORE may have achieved an economic miracle in the five decades since independence, but its growth matrix for the next 50 years will be very different - and far more complex.

50 and beyond: Singapore's economic transformation

In five decades, Singapore has weathered five recessions, clocked 18 years of double-digit growth, and transformed into a global hub for finance and commerce. The Business Times takes a look at...

First eight startups picked for SPH Plug & Play accelerator programme

SINGAPORE Press Holdings (SPH), Plug and Play, and Infocomm Investments on Tuesday announced the inaugural batch of eight startups selected for the SPH Plug & Play accelerator programme, which...

Singapore's PMI falls to 49.7 in July

SINGAPORE's Purchasing Managers' Index (PMI) reverted to contraction mode in July, slipping 0.7 point to 49.7 after rising for two straight months.

Giosis bags US$82.1m in Series A funding

SINGAPORE-BASED Giosis - the parent company of e-commerce platform Qoo10 - has bagged US$82.1 million in a Series A funding round led by Singapore Press Holdings (SPH), with participation from eBay,...

LVMH's Sephora buys cosmetics startup Luxola

COSMETICS e-commerce site Luxola has been snagged by French luxury group LVMH via the latter's cosmetic subsidiary Sephora for an "eight-figure" sum, BT has learnt, in what is believed to be one of...

Working up the value chain

HEADING into its sixth decade, Wong Fong Engineering hit what one might call its mid-life crisis. Hampered by a triple whammy of an aging workforce, land and labour constraints, brothers Liew Chern...

It pays to compare - for financial comparison sites and users alike

COMPETITION has become keener for financial comparison sites with three new ones launched in Singapore in the last five months, reflecting the business potential for such sites.

Restaurant reservation platform Chope raises US$8m in latest round of funding

ONLINE restaurant platform Chope has pulled in US$8 million in Series C funding, which is the third round of financing in the early-stage financing cycle.

Crowdfunding platform raises S$660,000 for Mezzo Interiors

HOMEGROWN debt-based crowdfunding platform New Union on Monday said it has raised S$660,000 for interior design firm Mezzo Interiors, an amount said to be one of the largest raised by a small and...

 

Emerging Enterprise award

Closes June 1, 2019