Singapore’s strict measures to curb the spread of Covid-19 are affecting entrepreneurs who work from home, especially over Ramadan and the Hari Raya Puasa festival. ( read original story ...)
Arkphire acquires Singapore’s Generic Technologies
Irish IT firm Arkphire has acquired Generic Technologies, an IT and solutions services company based in Singapore. ( read original story ...)
Singapore faces deeper-than-forecast recession as virus clouds global outlook, central bank says
The Covid-19 pandemic knocked Singapore's economy in the first quarter, when it shrank 2.2% — its sharpest contraction since the 2009 financial crisis. ( read original story ...)
Flipkart infuses $90 million more into marketplace, PhonePe: Report
PhonePe founder and CEO Sameer Nigam recently said the company intended to be profitable by 2022 and file for an IPO a year later. ( read original story ...)
Hin Leong Bust Latest to Mar Singapore’s Oil Trading Haven
(Bloomberg) -- Singapore has long touted itself as the ideal home for a commodity trading house, with low taxes, light regulation and a view of one of the world’s busiest shipping channels. That ... ( read original story ...)
Singapore confirms 528 new coronavirus cases
Singapore's health ministry on Tuesday confirmed 528 more coronavirus infections, the smallest daily rise in almost two weeks, taking the city-state's tally of cases to 14,951. ( read original story ...)
Singapore faces deeper-than-forecast recession as virus clouds global outlook: central bank
A recession in Singapore's trade-reliant economy could be deeper than forecast as the protracted nature of the COVID-19 pandemic is likely to hamper a decisive rebound in global activity, the ... ( read original story ...)
Coronavirus: DBS expects Singapore’s GDP to shrink by 5.7% this year
Singapore's decision to keep a large segment of its economy closed and many of its residents at home for another month will lower economic growth and raise job losses, said analysts.. Read more at ... ( read original story ...)
Singapore Faces Wage Cuts as Businesses Curb Costs, Central Bank Says
Wages in Singapore will take a bigger hit than jobs as businesses try to cut costs in an economy bracing for a sharp contraction, the central bank said. ( read original story ...)
Restrictions in Singapore bring new round of downgrades in growth, employment
Singapore's decision to keep most of its economy closed and people at home for another month will lower economic growth and raise job losses, said analysts. ( read original story ...)
Intevac, Inc.’s (IVAC) CEO Wendell Blonigan on Q1 2020 Results – Earnings Call Transcript
IVAC) Q1 2020 Results Earnings Conference Call April 27, 2020, 4:30 PM ET Company Participants Claire McAdams - Investor Relations Wendell ... ( read original story ...)
Hin Leong Bust the Latest to Mar Singapore’s Oil Trading Haven
Singapore has long touted itself as the ideal home for a commodity trading house, with low taxes, light regulation and a view of one of the world’s busiest shipping channels. That hard-earned ... ( read original story ...)
DBS expects Singapore’s GDP to shrink by 5.7% this year
Singapore's decision to keep a large segment of its economy closed and many of its residents at home for another month will lower economic growth and raise job losses, said analysts.. Read more at ... ( read original story ...)
Singapore Banks Earnings
Three key themes had been presented amid Covid-19 conditions studying how US banks had performed in the earnings season thus far. They are namely 1) a surge in forward-looking provision in preparation ... ( read original story ...)
Yeo’s Delivers Nutrition Drinks to Support the Singapore Community
Yeo Hiap Seng Group of Companies (Yeo's) is collaborating with the Ng Teng Fong Charitable Foundation, the family foundation of the majority shareholder, to deliver 75,000 cans of H2O to the Alliance ... ( read original story ...)
PhonePe gets $28 million funding from parent Flipkart
PhonePe recently said that it is working with delivery fleets like Swiggy Genie to meet its offline network stores and deliver goods to customers, during the current situation.Flipkart-owned payments ... ( read original story ...)