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Posted on 30/04/2024

Singapore’s Ninja Van lays off about 10% of tech team in the region

SINGAPORE: Logistics provider Ninja Van has laid off about 10 per cent of the region’s tech team. Following a recent cost evaluation, the company has determined that “less than 10 per cent of the region’s tech team is no longer required”, a Ninja ...

Posted on 30/04/2024

More than 800 Hyundai, Kia EVs in Singapore to undergo recall for electronics fault

KOREAN carmakers Hyundai and Kia have issued a recall for three models of electric vehicles (EVs) in Singapore for potential faults in the vehicles’ charging system, which may cause them to lose power ...

Posted on 30/04/2024

Majority of Singapore companies view generative AI as crucial skill, but skills gap poses a challenge: NTUC survey

SINGAPORE: A recent survey conducted by the labour movement has revealed that approximately 80% of companies in Singapore believe that generative artificial intelligence (AI) will become a crucial ...

Posted on 30/04/2024

Why Chinese MCU suppliers are eyeing Singapore amid de-Chinafication

Amid the ongoing technology war between the US and China, the intensification of the "de-Chinafication" effect is apparent.

Posted on 30/04/2024

China Construction Bank Singapore Branch Signs Statement of Intent with MAS-launched ESG data platform Gprnt

China Construction Bank Corporation's Singapore Branch ("CCB Singapore") announced today that it has signed a Statement of Intent ("SOI") with Gprnt to explore ESG data model interoperability, ...

Posted on 30/04/2024

Singapore Manufacturers Still Upbeat on Outlook Amid Headwinds

A weighted 25% of manufacturers expect business conditions to improve from April to September, while a weighted 3% foresee a weaker business outlook, the Singapore Economic Development Board said ...

Posted on 30/04/2024

Singapore stocks rise, tracking regional bourses; STI up 0.3%

SINGAPORE stocks closed higher on on Tuesday (Apr 30), tracking a broader gain across regional markets. Read more at The Business Times.

Posted on 30/04/2024

Amid losses and IPO delays, Ninja Van conducts layoffs in tech office

Regional logistics firm Ninja Van has announced a bout of layoffs. It has let go of 21 employees from its tech division in Singapore, representing about 10% of the regional tech team and 20% of the ...

Posted on 30/04/2024

Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO

Malacca Securities has ascribed a fair value of 44.5 sen per share for Farm Price Holdings Bhd, which marks a premium 85% from its initial public offering (IPO) price.

Posted on 30/04/2024

ST HeadSTart: Investing in property? 8 things to consider | And btw, we won!

Property investment isn’t without risks, including immovability, policy shifts and exposure to interest rates. Young and older investors pick fixed deposit as their top investment choice: Poll About ... ( read original story ...)

Posted on 30/04/2024

Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings

SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their results for the year, said ...

Posted on 30/04/2024

Singapore records fall in foreign worker numbers for first time in 2 years

But applications from foreigners for higher-skilled employment passes have picked up in line with improved business expectations, said a report released on Tuesday.

Posted on 30/04/2024

Singapore in your bucket list this summer? Here’s what you must know

Seventeen Indian cities are connected with Singapore via 286 weekly departures on seven airlines, including Singapore Airlines, Scoot, Vistara, Indigo, Air India, Air India Express and Drukair

Posted on 30/04/2024

All About BABYMONSTER’s Upcoming Fanmeet In Singapore In June 2024

Rising K-pop girl group BABYMONSTER will stop in Singapore for their first fanmeet tour in 2024. Earlier today (March 18), global entertainment company Live Nation announced on social media platform ...

Posted on 30/04/2024

Live news: Singapore sentences fifth person to prison in money-laundering investigation

Singapore has sentenced a fifth person to prison as part of a S$3bn ($2.2bn) money laundering investigation linked to online gambling in Asia. Zhang Ruijin, a Chinese national, has been sentenced to ...

Posted on 30/04/2024

Hong Kong crypto ETF issuers unfazed by U.S. crackdown

As the United States ponders stricter regulations that might label Ethereum a security, Hong Kong ETF issuers aren’t breaking a sweat. They’re confident that U.S. regulatory shifts won’t rattle the ...

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