ONE says the layoffs are part of its "overall strategic plan to bring the company to profitability in the coming months".
Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan
The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.
Singapore Entertainment Firm Neon Is Said to Pick Banks for IPO
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.
Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women
SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...
Singapore’s Temasek seeks CCI approval to invest in this cloud kitchen platform
Temasek, through Jongsong Investments, is eyeing a major investment in Rebel Foods, aiming to raise $100-$200 million and likely obtaining a 20-25% stake.
Singapore stocks track regional losses on Oct 16; STI down 0.1%
Gainers outnumber losers 288 to 233, as 1.5 billion securities worth $1.2 billion change hands. Read more at straitstimes.com.
Google to pilot new Android anti-scam features in Singapore
SINGAPORE: Two new Android anti-scam features designed to combat mobile scams will be piloted in Singapore, Google announced on Wednesday (Oct 16). Users will be able to block messages from unknown ...
Singapore leaves major Games medal incentives to private sector while government focuses on ‘broader’ sporting base: Edwin Tong
SINGAPORE: The government leaves the cash incentives for major Games medals to the private sector, as it wants to focus on funding and supporting a “broader base” such as athlete development, said Minister for Culture, Community and Youth Edwin Tong ...
Jail for man whose bank accounts received scam proceeds after sharing details with online women
Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.
Hoax bomb threats to Indian airlines force emergency landing in Canada and fighter jets to scramble in Singapore
Twin bomb threats hit Indian airliners on opposite sides of the globe on Tuesday, forcing an emergency landing in the Arctic and fighter jets to scramble in Asia – the latest in a series of similar ...
Cycle & Carriage, Gogoro launch battery-swop electric scooters and stations in Singapore
CYCLE & Carriage Singapore (C&C) and Gogoro have officially launched battery-swop electric scooters and charging stations in Singapore on Wednesday (Oct 16). Three electric scooter models were unveiled at the new Gogoro showroom located within the C&C ...
Singapore emerges as world’s 2nd most expensive data centre market
Singapore emerged as the second most expensive market to build a data centre in the world in 2024, costing firms $18.09 (US$13.80) per watt (W).
Lower Open Called For Singapore Stock Market
The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...
Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price
JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.
Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry
On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.
OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row
The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.