Sheng Siong

Hard hit aviation, tourism sectors get biggest help in wage subsidies

THE battered services and labour-intensive sectors plus supermarket and F&B operators on the Singapore bourse got a much-needed boost amid the dark clouds of Covid-19 from the government's "...

Sheng Siong Q4 profit flat at S$17.4m; new stores important source of revenue growth

HEARTLAND supermarket operator Sheng Siong on Thursday posted a fourth-quarter net profit of S$17.4 million, down 0.4 per cent from S$17.5 million in the same period a year earlier.

Stiff competition for Grab, Razer and Jack Ma in Singapore digital bank bid

(BLOOMBERG) - The much-anticipated arrival of virtual banking in Singapore is unlikely to be an "aha" moment for consumer finance, but corporate banking will be different. One should expect...

Razer Fintech leads consortium in digibank bid

A CONSORTIUM including Razer Fintech and Sheng Siong's founders has submitted an application for a digital full-bank licence in Singapore, focusing on the "underserved youth and millennials...

Room for Sheng Siong to grow despite e-commerce threat

THE entry of e-commerce players hasn't been quite the market distruptor for the Sheng Siong Group as expected, it seems.