A LEADING indicator for factory output rose in March, but the manufacturing sector is likely to stay stuck in a slump for at least some months to come.
Maybank S'pore inks novel hotel-backed Islamic finance deal
SINGAPORE's fledgling Islamic finance sector received a boost on Monday with Maybank Singapore announcing a first-of-its-kind Islamic financing deal worth S$260 million.
Nominations open for Emerging Enterprise Award 2016
THE call for nominations for this year's Emerging Enterprise Award 2016 (EE 2016) is now open, with a total prize purse of S$1.5 million up for grabs. The purse, up from S$1.47 million last year, includes a S$200,000 two-year, interest-free business overdraft facility – meant to provide resources for further growth – for each of the three winners.
MPs flag challenges of more targeted approach
EVEN as Members of Parliament (MPs) applauded the shift towards a more targeted approach to restructuring the economy, several flagged the potential pitfalls of the undertaking.
Signs of economy slowing as February factory orders fall
NEW orders for US factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.
There's still room for one chamber to rule them all, says industry
THE idea of an apex business chamber is still relevant, despite the government's shift towards a more targeted and sectoral approach to policy to drive the transformation of industry, say observers.
In payments war, PayPal bears arms for the little guy
THE payments market has never been so competitive, but with the advent of technology, PayPal is hoping heightened protection for merchants in South-east Asia will set it apart as supporting small-time merchants, said a top executive from this region.
Benefits of fiscal boost will take time to filter through, say economists
THE expansionary aspects of Singapore Budget 2016 might come as growth softens, but economists are not expecting to see the impact in the near-term.
39,000 homes receive free set-top box for digital TV
April 05, 2016 5:00 AM
More than half of the 160,000 low-income households eligible to receive a free set-top box and antenna to watch digital television (DTV) programmes with their existing television sets have been informed.
