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Homegrown firm looks to 'super-size' co-working spaces in Singapore

Fri, 09 Dec 2016 05:53:56 GMT

To meet fast-growing demand in Singapore, JustCo will open two co-working spaces with a combined floor area of more than 100,000 square feet at Marina One and the new UIC Building by April 2017.



Dating app Paktor moves into social entertainment with first acquisition

Thu, 08 Dec 2016 04:10:42 GMT

Marking its first acquisition, Singapore-based dating app Paktor said on Thursday (Dec 8) that it has agreed to buy a controlling stake in Taiwanese start-up 17 Media.



Singapore's maritime sector given boost with new lab aiming to cut fuel costs

Sat, 10 Dec 2016 12:05:40 GMT

By 2020, new emission regulations will require shipping firms to be greener in their operations. With the new laboratory, these costs are expected to be pared down with innovations like a dual-fuel engine capable of burning traditional and clean fuel.  



Customers riled after MBS declines to honour mispriced room rates

Wed, 07 Dec 2016 02:30:00 GMT

An error on the five-star hotel's website allowed customers to book rooms for just S$62.70 a night.  



Grab guns for lion’s share of carpooling market with new service GrabShare

Tue, 06 Dec 2016 16:06:36 GMT

The company says it is launching the service now as its other carpooling platform - GrabHitch - has grown about 75 per cent in the past three months alone. 



Swiber directors out on bail amid CAD probe

Tue, 06 Dec 2016 15:35:22 GMT

The eight directors are being investigated under a part of the Securities and Futures Act that involves the making of false or misleading statements. 



Pacific Radiance executive director being investigated for corruption

Tue, 06 Dec 2016 13:02:36 GMT

Pacific Radiance executive director Mok Weng Vai has not been charged and was released on police bail on Dec 2, the same day of his arrest.  



Singapore's manufacturing economy expands for third straight month

Fri, 02 Dec 2016 16:31:10 GMT

According to data from the Singapore Institute of Purchasing and Materials Management released on Friday, November's PMI came in at 50.2, up 0.2 point from the previous month.  



Up to S$2b of Singapore Saving Bonds on offer in 2017

Thu, 01 Dec 2016 12:25:23 GMT

The first Saving Bonds of 2017 will be issued on Jan 3, said MAS in a media release, adding that up to S$150 million will be available during the first issue.



National reconciliation, peace a must in Myanmar, says Suu Kyi

Wed, 30 Nov 2016 16:11:49 GMT

Myanmar's State Counsellor said the challenge is huge, and that economics has a role to play in reaching that goal.