Family business Onn Wah Precision Engineering takes top E50 spot on first try

MANUFACTURING firm Onn Wah Precision Engineering catapulted straight to the top on its very first attempt at the Enterprise 50 (E50) Awards, proving that the family business has what it takes to compete with the very best in the industry.

MDIS banks on the Singapore brand

IN Singapore, private education is serious business, with hundreds of institutions crammed into this tiny island.

Propelling a family business forward

AT a time where many enterprises are still debating about making the move into Industry 4.0, local family business Onn Wah Precision Engineering is already powering ahead.
SPOTLIGHT

Celebrating firms that innovate, grow and succeed

IT has been a period of monumental changes for Singapore's businesses in the past few years, thanks in part to a rapidly transforming global landscape...

E50 Awards celebrates future-ready local enterprises; Onn Wah Precision Engineering bags top prize

THE 50 local businesses that won honours at Tuesday's Enterprise 50 (E50) Awards were celebrated for their ability to position themselves for growth in the midst of global economic disruption...

Cash-flow issues 'threatening to stall SME growth'

POSITIVE signs have emerged that small- and medium-sized enterprises (SMEs) are shifting from survival mode to growth mode, as more look beyond cost-cutting to revenue generation.

Singapore SMEs face cash-flow squeeze as more experience payment delays: survey

MORE small and medium-sized enterprises (SMEs) reported that they have finance-related issues, due mainly to delays in payment from customers, according to findings from the 2017 SME Development survey by DP Info.

Tan Tong Hai stepping down as StarHub CEO

STARHUB CEO and executive director Tan Tong Hai will step down from his positions with effect from May 1, 2018 to pursue his "own interests", in a surprise announcement after trading hours on Friday...

Olam's public float below 10% on issuance of shares

OLAM International Limited said after trading hours on Friday that as a result of the issuance of new shares, the percentage of its shares held in public hands has fallen below 10 per cent to approximately 9.31 per cent.
CUBICLE FILES

How to deal with an insecure boss from hell

IF your boss micro-manages, claims all the credit, or even sets employees up to fail, that person is highly likely to be an insecure leader.

GuocoLand announces internal restructuring

GUOCOLAND Limited announced on Friday that it has undertaken an internal restructuring exercise where certain hotels in the GuocoLand Group, held and owned by different subsidiaries within the GuocoLand Group in Singapore and Malaysia, will be consolidated under a distinct strategic business unit...

Frasers Commercial Trust's manager announces new appointments

FRASERS Commercial Trust's manager announced changes in the composition of board directors following the retirement of chairman Dr Chua Yong Hai and Tan Guoing Ching...

GP Batteries to suspend trading of shares after public float falls below 10%

MAINBOARD-LISTED GP Batteries has requested to suspend the trading of its shares on the Singapore Exchange (SGX) following the fall of its public float to below 10 per cent.

Olam International's public float drops below 10%

Olam International Limited said after trading hours on Friday that as a result of the issuance of new shares, the percentage of its shares held in public hands has fallen below 10 per cent to approximately 9.31 per cent.

Tan Tong Hai to step down as CEO from StarHub on May 1 to pursue "own interests"

STARHUB CEO Tan Tong Hai will step down from his position with effect from May 1, 2018, the company said in an announcement after trading hours on Friday.

Noble Group gives details of US$428m loss from exceptional items after SGX queries

BELEAGUERED commodities trader Noble Group responded to queries from the Singapore Exchange after trading hours on Thursday with regard to its US$428 million loss from exceptional items in its third-quarter results.

Productivity, inequality key issues in Singapore's competitiveness

A RAPID slowdown in labour productivity growth, as well as rising inequality among businesses due to the rise in new technologies, were identified by economists as key challenges that will affect Singapore's long-term competitiveness...

Sodexo acquires local SME Kim Yew Electrical

GLOBAL services firm Sodexo announced on Thursday that it has acquired Singapore facilities management provider Kim Yew Electrical & Sanitary.

Oei Hong Leong withdraws requisition notice to Raffles Education Corp

RAFFLES Education Corporation Limited announced on Thursday after trading hours that Oei Hong Leong and Oei Hong Leong Art Museum Limited have withdrawn their requisition notice.

TalkMed's China unit to provide management services for Singapore Cancer Centre brand in China

TalkMed Group's wholly owned subsidiary TalkMed China (TMC) entered into agreements with Beijing New Hope Management (BNH) for TMC to offer management services for the Singapore Cancer Centre branded oncology services in China...

Noble Group responds to SGX queries on US$428m loss in exceptional items

NOBLE Group responded to queries received from the Singapore Exchange after trading hours on Thursday with regard to its US$428 million losses in exceptional items in its third-quarter results.
BT EXCLUSIVE

Businesses see GDP growth racing past official forecasts

THE Singapore economy could blow past government forecasts to bring 2017's full-year gross domestic product (GDP) growth to between 3.4 per cent and 3.7 per cent, says the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Q3 survey. ...

Cars put the brakes on retail sales

SINGAPORE retail sales fell for the first time in six months in September amid poor motor vehicle sales, a reversal from a strong showing in August.

Singapore retail sales slip 0.5% in Sept; first slide in 6 months as vehicle sales sputter

SINGAPORE retail sales fell for the first time in six months in September amid poor motor vehicle sales, a sharp reversal from a strong showing in August.

More SMEs banding together to win regional e-commerce projects

THREE small and medium-sized enterprises (SMEs) - Shopmatic, Red Dot Payment, and iCommerce Asia - grouped together to land their first S$100,000 e-commerce deal in Southeast Asia.