This is boosted by record-low mortgage rates and ample liquidity, they observed. Singapore’s semiconductor production and exports also see a sharp “V” rebound, and container throughput has returned ... ( read original story ...)
Alibaba-owned Lazada suffers data breach for its grocery delivery business in Singapore
Southeast Asian e-commerce firm Lazada said last week it detected a data breach that exposed personal details of many users in Singapore. Lazada's cybersecurity team discovered on Oct. 29 illegal ... ( read original story ...)
China raises 2021 non-state crude oil import quotas by 20%
China, the world's top crude oil importer, will raise its non-state crude oil import quota for 2021 by 20% on-year to 243 million tonnes, the country's commerce ministry said on Monday. ( read original story ...)
Do department stores still have a future in Singapore?
In its 162 years of operations in Singapore, department store Robinsons survived bombings, a three-year closure during the Japanese ... ( read original story ...)
Myanmar coffee market to expand through Singapore
“Our coffee production rate and sales will gradually get broader," he said. Myanmar is raising efforts to woo international buyers after coffee exports declined due to the COVID-19 outbreak, according ... ( read original story ...)
Singapore’s bank lending slows for seventh month in September
Singapore’s bank lending dipped for the seventh month in September, following a decline in both business and consumer loans. ( read original story ...)
Singapore residents savor airline cuisine to appease appetite for air travels
Diners in business class consume their meal in the Restaurant A380 @Changi onboard a Singapore Airlines A380 aircraft at Singapore's Changi Airport Terminal 3 on Oct. 31, 2020. (Photo taken by Then ... ( read original story ...)
Retail business closures hit 10-month high in September
Home-grown department store Robinsons has become the latest high-profile casualty in a growing list of retailers that the Covid-19 pandemic has claimed.. Read more at straitstimes.com. ( read original story ...)
Robinson’s closure: Retailers in Singapore struggle amid 10-month high in closures for sector, more expected to shutter
SINGAPORE - Home-grown department store Robinsons has become the latest high-profile casualty in a growing list of retailers that the Covid-19 pandemic has claimed. Business cessations in the retail ... ( read original story ...)
Commentary: Importing electricity from Malaysia is a good thing
SINGAPORE: On Monday (Oct 26), Minister for Trade and Industry Chan Chun Sing announced that Singapore plans to import electricity from Malaysia, starting with a two-year trial. This move, according ... ( read original story ...)
Up Your Alley: Hidden gems around Singapore’s Chinatown
This is the first of CNA's new series to uncover hidden gems around Singapore. Write in to tell us what makes your neighbourhood special. ( read original story ...)
In a post-COVID-19 world, an even greater challenge lies ahead of Singapore’s farms
A question now arises as to whether the ’30 by 30’ food supply vision will suffice for the country. The programme For Food’s Sake! finds out what ... ( read original story ...)
Robinsons Singapore to close after 162 years
Robinsons Singapore, one of the oldest stores in Singapore, will close after 162 years, according to The Business Times on Oct 30. The retailer will close down for good after suffering from at least ... ( read original story ...)
Singapore has potential to be centre for research in Ayurvedic medicines for diabetes: Experts
Singapore, with growing number of pharmaceutical multinationals ... a multi-disciplinary business consultancy. Export-oriented Ayurvedic pharmaceutical companies from India can be a good source of ... ( read original story ...)
After 162 Years, Singapore’s Robinsons Department Stores to Shut Down
Singapore’s Robinsons department store is shuttering its last two locations at The Heeren and Raffles City, the company announced today, citing “weak demand.” The storied retailer, which once was a ... ( read original story ...)
Underserved Singapore based SMEs are Now Considering Switching to Digital Banks: Visa Survey
SMEs in Singapore are looking for better terms on corporate products ... digital banks will offer an overall lower cost of banking (55%). Around 64% of small business owners also believe that ... ( read original story ...)