Singapore isn’t expected to extend more virus aid until February’s budget, when the government is likely to provide targeted help to its weakest sectors, according to a senior official. ( read original story ...)
Singapore’s Red Ants are here to remind (and occasionally shame) you into wearing your mask
Safe distancing ambassadors help ensure Singaporeans are observing health guidelines to maintain the country’s success in curbing cases of COVID-19. ( read original story ...)
A successful IPO gives hope to Singapore’s deep-tech ambitions
Despite the research strengths of Singapore’s universities, deep tech has remained a niche space. Nanofilm’s IPO, however, can change that. ( read original story ...)
DBS To Rescue Lakshmi Vilas Bank, First Such Move By A Foreign Lender
Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement Tuesday. "Not one rupee of depositors is at risk," said T N Manoharan ... ( read original story ...)
1 in 4 Singapore employers plan to freeze salaries next year: Survey
SINGAPORE (THE BUSINESS TIMES) - About a quarter of organisations in Singapore plan to introduce or continue with salary freezes in 2021, a tad fewer than the 30 per cent that paused wage increments ... ( read original story ...)
Southeast Asia could gain as supply chains shift during the pandemic, Singapore minister says
The pandemic has changed the way companies deploy their employees and they organize supply chains – possibly creating opportunities for Southeast Asia, says Singapore's trade minister. ( read original story ...)
India set to hand troubled Lakshmi Vilas Bank to Singapore’s DBS
India has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on ... ( read original story ...)
Singapore Will Be in Phase 3 of Virus Curbs for ‘Quite A While’
Singapore could be in a so-called Phase 3 of virus curbs for more than a year, until an effective vaccine or treatment is widely available and distributed, Education Minister Lawrence Wong, who also ... ( read original story ...)
Singapore mental healthcare startup Safe Space bags $250k in seed round
According to a report, a suicide prevention center in Singapore witnessed a 36% surge in the volume ... With the investment, Safe Space looks to expand its business across the Asia-Pacific region and ... ( read original story ...)
Chinese property buyers sharpen focus on Portugal and Singapore, shun four spots troubled by geopolitical risks
Property investors from mainland China are sharpening their focus on Portugal and Singapore as alternative investment locations, while shifting more money out of traditional markets like the US and ... ( read original story ...)
IN FOCUS: After COVID-19, where are the Singapore economy, workforce headed?
As COVID-19 has ripped through the Singapore economy, such words have become part of ... Firms had to return to the drawing board to work out contingency plans to stay in business. The economy swiftly ... ( read original story ...)
Singapore’s Sea tumbles as e-commerce slows down
SINGAPORE: Sea Ltd, South-East Asia’s most valuable company ... While reporting its financial results, Sea said that it now forecasts its digital entertainment business will surpass revenue of ... ( read original story ...)
With Singapore emerging as space technology hub of Southeast Asia, we talk to scientists, inventors and ‘astropreneurs’ in the Lion City
SpaceX lifts off with four astronauts to International Space Station “Our vision is to be in every satellite and every autonomous vehicle,” says Shu Wei, ZES co-founder and chief technology officer. ( read original story ...)
Fintech startup Affirm’s IPO filing shows revenue surge amid lending boom
It filed for an IPO of up to $100 million, but that is a placeholder amount and is expected to change. Its major investors include Peter Thiel’s venture firm Founders Fund, Singapore’s ... ( read original story ...)
Ant Alumni Who Cashed Out Before IPO Flop Have Big Ambitions
He recalls heading for Hangzhou and Shanghai, expecting IPO celebrations in both places ... Bill Deng joined Ant in 2010 after working for Visa Inc. in Shanghai, Beijing, and Singapore. He soon became ... ( read original story ...)
Shades of green: Banks take bigger steps toward greener finance amid climate change push
As countries around the world look for ways to bounce back post-COVID-19, there’s been greater emphasis on building back better and greener. ( read original story ...)