Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
Some of Swiber Holdings Ltd's lenders are pushing for the offshore oil and gas services group to continue its business rather than pursue its plans for liquidation to meet creditor demands, according to people familiar with the talks.
Bank lending in Singapore fell 2.7 per cent in June from a year ago - a sharp contraction compared to May - extending the longest stretch of declines on record, preliminary data from the Monetary Authority of Singapore on Friday showed.
Singapore manufacturers as a whole expect business conditions to be worse for the second half of this year - but only by the slightest of margins compared to when they were polled last quarter.
Singapore companies in the services sector as a whole said they will hire slightly more workers in the current quarter, even though they are still pessimistic when looking at future business conditions until the end of the year.
The Singapore Workforce Development Agency (WDA) said on Friday that it has suspended funding and grant assistance to three training providers following the recent audits conducted.
Asia's marquee airlines are warning tougher competition is squeezing them.
The STI Today
Singapore stocks finished 1.7 per cent lower on Friday, with the Straits Times Index dropping 49.93 points to 2,868.69.