A total of 11,350 people were retrenched in Singapore in the first half of the year (H1 2020), a sharp rise from preliminary estimates released in July (9,920). According to the Ministry of Manpower's ... ( read original story ...)
High levels of debt will become a big challenge in the next decade, says Singapore minister
Governments can no longer reduce the amount of debt through rapid economic growth and inflation, says Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies, ... ( read original story ...)
Global Markets: Asian stocks head higher on China data, markets eye Fed meeting
Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. MSCI's broadest index of Asia-Pacific shares ... ( read original story ...)
Rising debt is a ‘very serious issue’ that governments face, says Singapore minister
Governments have done the right thing to increase borrowing and spending to support their slumping economies, said Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for ... ( read original story ...)
Singapore businesses most digitally-ready in Asia-Pacific: Survey
Businesses here have come in tops in a DBS survey of the digital readiness of corporates in the Asia-Pacific (APAC) region, with 45 per cent of local businesses indicating they have a well-defined ... ( read original story ...)
Singapore Lender UOB to Freeze Hiring, Pay on Virus Outlook
United Overseas Bank Ltd. has imposed a freeze on hiring, pay and promotions as the Singapore lender prepares for a further decline in earnings following the coronavirus pandemic. ( read original story ...)
China’s Tencent picks Singapore as Asia hub after India, US bans
Tencent said it will open a new office in Singapore and that it is recruiting for various positions including tech and business development.. Read more at straitstimes.com. ( read original story ...)
China’s Tencent to open Southeast Asia regional hub in Singapore
Chinese gaming and social media group Tencent said on Tuesday it would open a new office in Singapore that will be its regional hub for Southeast Asia. The move, adding a Singapore base to offices in ... ( read original story ...)
Singapore Summit: Tech nationalism is set to intensify, says Korea Investment Corporation CEO
The rise of tech nationalism is "very bad news" and will hinder the development of new technologies, says Korea Investment Corporation CEO Choi Heenam. ( read original story ...)
Singapore Start-up SynOption Closes Second Round of Funding
PRNewswire/ -- Singapore based FinTech start-up SynOption Pte. Ltd. has announced that successfully closed its second ... ( read original story ...)
Sports Hub reopening facilities after wrapping up temporary migrant worker housing
More facilities at the Singapore Sports Hub will be re-opened to the public this week, as the complex wraps up its temporary housing project for migrant workers amid the COVID-19 pandemic. ( read original story ...)
Mooncake Festival 2020 – Ultimate Price Guide to the Best Mooncakes in Singapore
Goodwood Park Hotel Lotus seed paste with melon seeds $62 for 4 25% off for Hotel Gourmet Card members until 6 Sep (minimum purchase 2 boxes Citi, DBS/POSB, OCBC, UOB cardmembers get ... $78 for 4 ... ( read original story ...)
Food Union Focuses on Growth with New Export Markets for Ice-Cream and Curd Snacks in Hong Kong, Singapore, Taiwan
Leading dairy producer Food Union, renowned for creating dairy and ice cream products in the Baltics, announced today an expansion of popular brands Ekselence, Pols and Lakto as exports into three ... ( read original story ...)
SPH launches BT News Tablet Edition with early bird specials
News Tablet Edition, allowing readers to read digital copies of BT on brand-new Samsung tablets.. Read more at straitstimes.com. ( read original story ...)
Business Times News Tablet Edition launched, with early-bird specials available for readers
Singapore Press Holdings has launched The Business Times (BT) News Tablet Edition, allowing readers to get digital copies of BT on brand new Samsung tablets.. Read more at straitstimes.com. ( read original story ...)
Tencent Picks Singapore as Asia Hub After India, U.S. Bans
Tencent Holdings Ltd. has picked Singapore as its beachhead for Asia, joining rivals Alibaba Group Holding Ltd. and ByteDance Ltd. in the race to build up their presence closer to home after setbacks ... ( read original story ...)