[ad_1] Demand for shares in a famous Chinese bottled water company outstripped supply by more than 1,000 times before its Hong Kong debut, underscoring the growing appetite for new share offerings in the city. Retailers flocked to Nongfu Spring, whose red-capped plastic bottles are ubiquitous at formal gatherings in China, …
Read More »Former MP Amrin Amin to join 2 local tech companies after Sengkang’s electoral defeat, Singapore News
[ad_1] SINGAPORE – Former political official and MP Amrin Amin has moved into the tech sector and will take over roles in two local companies, following his departure from government following the recent general elections. Amrin, 42, has been named chief strategy officer at robotics and automation firm Platform for …
Read More »Some shopping malls closing doors to comply with Covid-19 measures are in breach of fire safety rules, Singapore News & Top Stories
[ad_1] SINGAPORE – Some shopping malls are struggling to comply with fire safety rules as they comply with Covid-19 safe handling measures. Some have resorted to padlocking their entry and exit points to comply with occupancy limits imposed by the authorities. In response to inquiries from The Straits Times, the …
Read More »Samsung Electronics wins $ 6.6 billion order from Verizon for network equipment
[ad_1] Deal Samsung Electronics said on Monday it had won a $ 6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major victory for the South Korean firm in the next-generation 5G network market. FILE PHOTO: The Samsung Electronics logo is seen on its …
Read More »No home quarantine for Singapore PCA travelers heading beyond Johor, says KL, SE Asia News & Top Stories
[ad_1] KUALA LUMPUR: People traveling from Singapore to Malaysia under the Periodic Transfer Agreement (PCA) will need to be quarantined at the Malaysian government designated centers if their destination is beyond the southern state of Johor. This was announced by the Malaysian Minister of Health, Adham Baba, in a statement …
Read More »Singapore Food Ordering App Founders Oddle Looking Out, Garage
[ad_1] [SINGAPORE] The founders of Singapore food ordering app Oddle, which offers options from Michelin-starred restaurants to bubble tea concoctions, are working with an advisor to get out of the company, according to people with knowledge of the matter. The startup, co-founded by Jonathan Lim, Pua Yong Xiang and Jeremy …
Read More »DBS Says Worst for Singapore Listed Companies Profits, Companies and Markets Featured News and Stories
[ad_1] SINGAPORE (THE BUSINESS TIMES) – Despite deep cuts in recent quarterly earnings for Singapore-listed companies and trusts, the worst is over, DBS Group Research said in a market strategy report on Monday (Sept. 7). ). The second-quarter earnings season had suffered the full impact of global Covid-19 locks, with …
Read More »The competition control body publishes price transparency guidelines; will come into force in November
[ad_1] SINGAPORE: Starting in November, retailers will not be able to bypass mandatory fees, falsely promote “free” items, or conduct misleading price comparisons and discount offers when advertising goods or services, based on a set of price transparency guidelines published by the Commission. Competition and Consumers. Singapore (CCCS). These guidelines …
Read More »Hiring slowed in Q2 2020, but ‘didn’t stop’: MOM survey
[ad_1] SINGAPORE: Hiring slowed in the second quarter of 2020, but did not stop, according to a survey conducted by the Department of Labor Research and Statistics of the Ministry of Manpower (MOM). Despite weaker hiring sentiments, “a good number” of laid off workers returned to employment: About seven in …
Read More »Lapses in Procurement, Grant Disbursements, and IT Systems in Public Bodies: Auditor General’s Report
[ad_1] SINGAPORE: The Auditor General’s Office (AGO) found problems with the IT systems of some public agencies, service contracting processes and donation disbursement practices, according to its annual report released on Monday (September 7). The report, which is an audit of the government accounts for the 2019/2020 financial year, covered …
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