GE2020: GRC SHOWDOWNS

PAP's narrower margin at stronghold of Marine Parade a surprise

THE People's Action Party's (PAP) significantly narrower winning margin in a sample count for its stronghold of Marine Parade GRC caught political observers by surprise. This was despite the party looking set to retain the ward and other strongholds in the Tampines, Jurong and Tanjong Pagar GRCs...

GE2020: PAP retains Chua Chu Kang with narrower 58.64% share of votes

The People’s Action Party (PAP) has retained Chua Chu Kang GRC for a third straight term, with a narrower 58.64 per cent share of the vote, against the Progress Singapore Party (PSP). 

Don Don Donki to open ninth Singapore outlet

JAPANESE retailer Don Don Donki, which opened an outlet in Jurong in January, is currently set to open one more store in Singapore, putting it on track to hit its goal of 10 stores in the Republic by 2020 even amid the novel coronavirus pandemic.

VIRUS OUTBREAK

Rise in community cases 'not unexpected' with reopening, testing

IT is "not unexpected" that coronavirus cases in the community have gone up of late - and will continue to increase - as Singapore progresses further in Phase Two of its reopening and testing is expanded, said the Multi-Ministry Taskforce on Covid-19 at a virtual press conference on Thursday....

Too early to discuss Phase 3 or easing of rules: multi-ministry taskforce

IT IS still too early to discuss Phase 3 of Singapore's reopening or relaxing safe distancing rules, even as the authorities continue to monitor coronavirus cases, which have gone up in the community of late, said the Multi-Ministry Taskforce (MTF) on Covid-19 on Thursday. 

Singapore firms see more payment delays in Q2; retail and services post highest jumps

PAYMENT delays among firms in Singapore have risen for another quarter, with retail and services posting the highest jumps out of all sectors, amid the economy's coronavirus-induced partial lockdown.

Singapore firms see more payment delays in Q2; retail and services post highest jumps

PAYMENT delays among firms in Singapore have risen for another quarter, with retail and services posting the highest jumps out of all sectors, amid the economy's coronavirus-induced partial lockdown. 

PIL's SS Teo steps down as SBF chairman; Workforce Singapore chair Lim Ming Yan takes over

PACIFIC International Lines (PIL) managing director Teo Siong Seng, known in shipping circles as SS Teo, has stepped down as chairman of the Singapore Business Federation (SBF) after serving the maximum of three terms totalling six years.

Luzhou Bio-Chem founder launches privatisation bid

THE founder of Mainboard-listed Luzhou Bio-Chem Technology Limited wants to take the company private in a deal that values it at S$17.8 million, so as to gain greater management flexibility and control over the company.

Frasers Centrepoint Trust to raise stake in PGIM Real Estate Fund for S$197.2m

FRASERS Centrepoint Trust (FCT) is acquiring an additional 12.07 per cent stake in PGIM Real Estate Asia Retail Fund (ARF) for S$197.2 million, in line with plans to bolster its presence in Singapore's suburban retail sector. 

Mermaid Maritime unit sets up offshore decommissioning unit

A SUBSIDIARY of offshore services provider Mermaid Maritime has set up a new business unit focused on offshore platform installation and decommissioning, to target demand from major oil operators in Thailand. 

Luzhou Bio-Chem founder launches S$17.8m privatisation bid

THE founder of Mainboard-listed Luzhou Bio-Chem Technology Limited wants to take the company private in a deal that values it at S$17.8 million, so as to gain greater management flexibility and control over the company.

Vividthree cancels proposed S$1.9m placement

VIVIDTHREE Holdings is no longer proceeding with a proposed ordinary share placement that was to have given it S$1.9 million in net proceeds, as the working capital available is sufficient to meet its present and projected requirements, the Catalist-listed group said. 

PIL's S. S. Teo steps down as business federation chairman, Workforce Singapore chair Lim Ming Yan takes over

PACIFIC International Lines (PIL) managing director Teo Siong Seng, known in shipping circles as S. S. Teo, has stepped down as chairman of the Singapore Business Federation (SBF) after serving the maximum of three terms totalling six years.

Home-Fix to be wound up as Covid-19 dashes plans of revival

HARDWARE firm Home-Fix, which was forced to shutter all its retail stores in Singapore last December amid financial woes, will now be wound up for good, despite six months of debt restructuring and plans to revive itself in a different form.

Beleaguered Home-Fix to be wound up as Covid-19 puts paid to plans of revival

HARDWARE firm Home-Fix, which was forced to shutter all its retail stores in Singapore last December amid financial woes, will now be wound up for good - despite six months of debt restructuring and plans to revive itself in a different form. 

Landlords and tenants form committee to discuss rent, tenancy issues

INDUSTRY bodies representing landlords and tenants in Singapore have formed a temporary committee to discuss long-standing issues on rental and tenancy, and aim to complete deliberations by year end. 

VIRUS OUTBREAK: BT EXCLUSIVE

FairPrice to stop housing allowance for 1,000 Malaysian staff stuck here

FAIRPRICE Group, which has been providing for about 1,000 of its Malaysian employees stuck here because of Malaysia's movement control order (MCO), has told them it can no longer sustain the support and will end it on July 9, BT understands.

Over 500 SMEs get digital access to new markets overseas

DESPITE the Covid-19 pandemic, more than 500 small and medium-sized enterprises (SMEs) in Singapore were able to access new markets overseas through e-commerce platforms under the Grow Digital scheme.

Over 7,600 businesses loaned about S$7.1 billion

MORE than 7,600 businesses in Singapore borrowed about S$7.1 billion from government-assisted schemes over the past few months, with most of the loan applications coming from the wholesale trade, manufacturing and construction sectors.

Over 500 SMEs gain digital access to new markets overseas

DESPITE the Covid-19 pandemic, more than 500 small and medium-sized enterprises (SMEs) in Singapore were able to access new markets overseas through e-commerce platforms under the Grow Digital scheme. 

BEYOND COVID-19: F&B TAKES STOCK

F&B serves up new business recipes for a vastly changed setting

DINING in is set to resume this Friday, but it is unlikely to be business as usual for the food and beverage (F&B) industry in Singapore.

VIRUS OUTBREAK

Restaurant bookings surge, but capacity slashed

SOME popular restaurants were on Tuesday overwhelmed by more requests to reserve tables than their reduced seating could accommodate, ahead of the resumption of dining in on Friday and Father's Day this weekend.

VIRUS OUTBREAK

Self-service buffet lines suspended even as dining-in set to resume

SELF-SERVICE buffet lines will stay suspended even as dining-in resumes this Friday, as Singapore moves into Phase Two of reopening, the authorities have said.

Self-service buffet lines suspended even as dining-in is set to resume

SELF-service buffet lines will stay suspended even as dining-in resumes this Friday, as Singapore moves into Phase Two of reopening, the authorities have said.