Category: Business

Announced by the Manpower Ministry on August 29, the Overseas Networks & Expertise Pass aims to bolster Singapore's status as a global talent hub.SINGAPORE: Experts assert that the newly introduced Overseas Networks & Expertise Pass is a strategic move to draw exceptional talent in specialized fields to Singapore. This initiative was unveiled by the Ministry …

Local business owners highlight the positive impacts of gentrification amidst changing demographics.“Joo Chiat has transformed into a place for young people,” declares Max Lee, the owner of Joo Chiat Sofa & Cushion. Dressed in a tailored shirt, jeans, and a sparkly ring on his index finger, the 49-year-old presents himself as a confident figure in …

Grab faces tough competition in Indonesia despite maintaining a lead in Singapore.Grab, which rapidly established dominance across Southeast Asia, is struggling to gain the same traction in Indonesia, the region's largest economy. Instead, the GoTo Group remains the preferred choice among Indonesia's 270 million residents, with many opting for Gojek for ride-hailing services and Tokopedia …

The passing of an Old Guard member raises questions about our connection to Singapore's history.SINGAPORE: In 2010, the news of Goh Keng Swee's passing—an esteemed member of Singapore's Old Guard—prompted a moment of reflection in the Today newsroom. As we processed the story, a computer engineer on duty asked the unexpected question: “Who is he?”I …

Tenya Singapore's Innovative Approach Attracts New Talent Amid Industry Labor ShortagesAfter implementing a four-day work week, Japanese restaurant Tenya Singapore has effectively addressed its staffing challenges, successfully filling vacancies that previously had no applicants.The food and beverage sector has faced significant labor shortages due to the Covid-19 pandemic, resulting in overworked staff and difficulties in …

After 34 years of serving beloved porridge, owners may part ways with their culinary legacy.SINGAPORE: Xian Ji Porridge, a cherished hawker stall in Tiong Bahru known for its silky smooth Cantonese-style porridge, may be closing its doors for good by the end of August. Established in 1989 by Mr and Mrs Soon, the stall operates …

Job opportunities grow in Singapore, particularly in the accommodation and entertainment sectors.Despite concerns over a potential recession in the Asia Pacific region, hiring continues to rise in at least three countries—India, Australia, and Singapore, according to a recent report by LinkedIn.The accommodation sector, which encompasses hotels, motels, casino hotels, and bed-and-breakfast inns (B&Bs), shows a …

A 63-Storey Mixed-Use Development to Redefine the Skyline in the Central Business DistrictSINGAPORE: Alibaba, the Chinese tech giant, along with a consortium led by Singapore-based real estate firm Perennial Holdings, has received approval to construct a 63-storey mixed-use development at Shenton Way in the Central Business District.With an approved height of 305 meters, according to …

The state-owned investor aims to tackle food security challenges worldwide.Global investment company Temasek has earned a reputation as the “best and most aggressive” agritech investor, with a diverse portfolio that includes an Israeli irrigation firm and an Indonesian fish food start-up. According to a recent report, the state-owned investor, valued at over S$400 billion, is …

Turning a Simple Idea into a Sweet Success Story“I was considering whether to be the ice cream man or sell lemonade,” Chen Ke Long shares with me as he juggles a stack of ripe lemons on his counter. “In the end, I opted for lemonade since it requires fewer licenses than selling ice cream.”His homemade …