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Tag: business

Posted on 08/05/2020

Singapore Expats Ask for Rent Cuts as Employers Tighten Belts

Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent ... ( read original story ...)

Posted on 08/05/2020

Uber Loses $2.9 Billion, Offloads Bike and Scooter Business

Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. ( read original story ...)

Posted on 07/05/2020

Singapore Press Holdings: Not As Bad As Feared

There were initial fears that SPH's business operations and financial results will be badly hit by the coronavirus pandemic, but things have turned to be better ... ( read original story ...)

Posted on 07/05/2020

Why You Should Like Singapore Shipping Corporation Limited’s (SGX:S19) ROCE

Today we'll look at Singapore Shipping Corporation Limited (SGX:S19) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the ... ( read original story ...)

Posted on 07/05/2020

China April crude oil imports rebound on recovering fuel demand

China's crude oil imports rebounded in April from a month earlier as refiners ramped up output amid a recovery in fuel demand with the impact of the coronavirus outbreak easing while crude prices ... ( read original story ...)

Posted on 07/05/2020

HSBC Targets Singapore Oil Trader ZenRock Over Finance Deals

HSBC Holdings Plc, already on the hook for $600 million in loans to fallen Singapore oil giant Hin Leong, has taken steps to oust the management at another energy firm, claiming it used the same cargo ... ( read original story ...)

Posted on 06/05/2020

SE Asia Stocks-Singapore gains; Philippines falls on profit-taking, poor exports

Singapore shares gained the most in Southeast Asia on Wednesday, supported by the industrial sector, while Philippine stocks dropped more than 1% on profit-taking and dismal exports data. Financial ... ( read original story ...)

Posted on 06/05/2020

Alibaba Buys 50% Stake in Singapore Office Building

Chinese e-commerce giant Alibaba Group Holding Ltd. has bought a 50% stake in a Singapore office tower in a deal valuing the property at S$1.68 billion ($1.2 billion). ( read original story ...)

Posted on 05/05/2020

Singapore’s factory activity shrinks to lowest reading since November 2008 amid COVID-19 outbreak

Singapore’s factory activity shrank for the third consecutive month in April amid a “circuit breaker” period to curb the spread of ... ( read original story ...)

Posted on 05/05/2020

Singapore’s logistics startup Ninja Van raises $279M

Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce deliveries in six ... ( read original story ...)

Posted on 05/05/2020

Singapore in touch with Mercosur bloc on FTA talks after Argentina pullout

Singapore said yesterday that it is in contact with South American bloc Mercosur after a member state pulled out of talks on new free trade agreements (FTAs) that the group is negotiating beyond the ... ( read original story ...)

Posted on 05/05/2020

Singapore’s factory activity shrinks to lowest since November 2008 amid COVID-19 outbreak

Singapore’s factory activity shrank for the third consecutive month in April amid a “circuit breaker” period to curb the spread of ... ( read original story ...)

Posted on 05/05/2020

Bringing The eCommerce Business Model To SMB Accounting

SCS discusses the opportunity for accountants to help Singapore SMBs digitize and embrace the B2B eCommerce model to fuel international expansion for firms. ( read original story ...)

Posted on 05/05/2020

TES makes strategic investment in GenPlus Singapore

The investment marks TES's entry into energy storage systems (ESS). Positions TES as a leader in the second-life battery market. SINGAPORE, May ... ( read original story ...)

Posted on 04/05/2020

Wirecard CEO Resists Calls to Quit, Plans to Overhaul Business

Germany’s Wirecard AG plans to regain the confidence of investors with sweeping measures to improve compliance and control, said Chief Executive Officer Markus Braun, dismissing calls to step down. ( read original story ...)

Posted on 04/05/2020

Singapore developing nationwide COVID-19 testing strategy to better detect unlinked cases in community: Lawrence Wong

SINGAPORE: A nationwide COVID-19 testing strategy is being developed, as the Government scales up its testing capacity, said National Development ... ( read original story ...)

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