Category: Business

The Sea Ltd. co-founder outlines strategic financial adjustments, including economy travel for business and budget-friendly local transport options, to steer the company towards self-sufficiency.In August of last year, Forrest Li held the title of Singapore's richest individual, with a net worth of S$26.6 billion, according to the Bloomberg Billionaires Index. However, by May of this …

Experts highlight Treasury bills and short-term government securities bonds as viable low-risk investment options alongside fixed deposits and Singapore Savings Bonds.SINGAPORE: As interest rates on fixed deposits rise, many investors are drawn to these safe returns, with some customers enduring long waits to secure attractive promotional rates offered by various banks.While investing in fixed deposits …

Deputy Prime Minister Lawrence Wong emphasizes the importance of the inaugural India-Singapore Ministerial Roundtable for ongoing collaboration in various sectors.SINGAPORE: Singapore and India have committed to collaborate in several new areas, including food and energy security, green technology, and digital connectivity, as announced by Deputy Prime Minister Lawrence Wong on Tuesday (Sep 20).After a five-day …

Aesthetically designed solar panels are becoming ideal for vertical installations on buildings as Singapore's green energy demand rises and rooftop space becomes limited.SINGAPORE: The iconic blue Baba House at the National University of Singapore (NUS) is set to embrace sustainability with solar panels designed in traditional Peranakan styles, installed vertically on its façade.These panels will …

Manpower Minister Tan See Leng highlights safeguards to prevent misuse of the Overseas Networks & Expertise Pass, a visa for top talent earning S$30,000 or more monthly.SINGAPORE: Singapore’s new Overseas Networks & Expertise Pass, designed to attract top global talent, will be closely monitored to prevent misuse, said Manpower Minister Tan See Leng in Parliament …

The aftermath of a recent sale sees several food stalls leaving the coffee shop.Several stalls have vacated a kopitiam in Yishun following its S$40 million sale in July. On September 5, a member of the Facebook group Uniquely Singapore Hawker Food! shared an update on the coffee shop located at Block 848 Yishun Street 81, …

A candid discussion on the fall from grace of Malaysia's former first lady and the public's reaction.How the mighty and their designer handbags have fallen.On September 1, the High Court of Kuala Lumpur found Rosmah Mansor, the wife of ousted former Malaysian Prime Minister Najib Razak, guilty of soliciting and accepting bribes in exchange for …

The ONE pass initiative aims to streamline the hiring of top professionals in various fields.Minister of Manpower Tan See Leng elaborated on the “offensive strategy” aimed at attracting top global talent to Singapore, a strategy mentioned by Prime Minister Lee Hsien Loong during his National Day Rally speech last month.“What we truly hope to bring …

The delivery platform takes steps to reduce costs amid a shift towards becoming EBITDA-positive.SINGAPORE: Foodpanda has laid off several employees in Singapore as part of a strategic move to cut costs and achieve profitability. The delivery platform cited a “critical need” to streamline operations to remain competitive in the market.In response to queries from CNA …

The rising costs reflect increased demand as the city reopens to tourists and hosts major events.Staycations in Singapore are becoming pricier, with average accommodation rates hitting S$259 per night. Bloomberg reported on Monday (Sept 5) that hotel prices in the country are at their highest in nearly ten years.As Singapore aims to establish itself as …