News

Job market still weak despite stronger economic growth

SINGAPORE - Singapore has been reporting more cheerful economic growth numbers this year but this pick-up is not translating into a stronger labour market.

Non-oil domestic exports slow sharply to 2.7% growth in Q2 but full-year forecast also narrowed upwards

SINGAPORE - Non-oil domestic exports (NODX) grew 2.7 per cent in the second quarter, coming off the 15.3 per cent expansion in the previous quarter, with increased shipments of electronic products...

Singapore economy grows better-than-expected 2.9% in Q2; Govt narrows up full year forecast to 2-3%

SINGAPORE - The Ministry of Trade and Industry (MTI) on Friday (Aug 11) narrowed up its forecast for economic growth this year to 2 to 3 per cent, from an earlier estimate of 1 to 3 per cent.

Retailers on the rebound with the help of enhanced IT

The South-east Asian region is very much on the rise. In terms of economic growth, the 10 countries that make up the Asean trading bloc are equivalent to the world's ninth largest economy. From...

DBS Bank launches online marketplace for buying, selling cars

SINGAPORE - DBS Bank has launched an online marketplace for cars, the first of its kind in Singapore to be helmed by a bank - a one-stop solution for those looking to purchase or sells cars.

$1,000 evening dresses among pieces available for rent

Ms Ang Jin Yuan, 30, founder of dress rental company Style Lease, used to spend close to $1,000 on evening dresses that she would wear only once or twice. Realising that her formal dresses could...

Finding a niche in clothing rental

Subscription-based rental company Style Theory has found a niche in the rental space in Singapore. According to co-founders Raena Lim, 28, and Charlie Halim, 28, the Singapore-based start-up has...

AsiaPhos says no casualty at its mines and facilities from Sichuan quake

ASIAPHOS Limited said on Thursday that its mines and production facilities in Sichuan, China were not affected by the Sichuan earthquake.

Pan-United CEO: Change in mindset key to staying ahead

In both its marine and construction business – which it entered in 1965 – Pan-United has a track record in the South-east Asian market. It now operates in Vietnam, Malaysia and Indonesia, as well...

INFOGRAPHIC: Singapore's oldest businesses

Even though Singapore has just celebrated its 52nd birthday, many of its homegrown companies have been in existence for much longer, with several being twice as old as its home country.

 

Emerging Enterprise award

Closes June 5, 2020