Smaller suppliers can use unaudited financials to bid for govt tenders

FROM October 2018, companies will no longer need to affix their company stamps on government forms - including tender-related documents submitted through the GeBIZ portal - unless required by legislation.

Company stamps not needed on govt forms from October

FROM October 2018, companies will no longer need to affix their stamps on government forms - including tender-related documents submitted through government portal GeBIZ - unless required by legislation.

Joint edition of SBF and Business China forums this year

TWO major business forums have been combined for the first time in conjunction with the Asean Economic Ministers Meeting later this month, with over 70 speakers providing insights on regional hot topics such as United States-China trade tensions.
SINGAPORE ECONOMY

Startups' chances of success flat over the years: study

THE probability that new firms in Singapore will succeed has remained largely constant since 2001, though the increasing number of startups means each cohort contains more potential successes, according to a report by Ministry of Trade and Industry economists Chia Keat Loong and Reuben Foong.
SPOTLIGHT

The challenging journey to self-driving

TRANSPORT software startup Swat's chief executive officer Jarrold Ong is used to being on the move...
SPOTLIGHT

Different routes to the same startup

SWAT's data team includes engineers from research backgrounds and from big software companies; PhDs, working alongside an intern from the National University of Singapore; and citizens of Singapore, Malaysia, China, Vietnam, and Russia...

PayNow Corporate now available to businesses and government agencies

THE NEW PayNow Corporate e-payment service, launched on Monday morning, allows businesses and the Singapore government to instantly make and receive payments by using their respective Unique Entity Numbers.

PayNow Corporate launched today

THE NEW PayNow Corporate e-payment service, launched on Monday morning, allows businesses and the Singapore government to instantly make and receive payments by using their respective Unique Entity Numbers.

Sarine Q2 net profit up 27.9% to US$4.1m

PRECISION technology products maker Sarine Technologies saw net profit rise to US$4.1 million for the fiscal second quarter ended June 30, up 27.9 per cent from US$3.2 million in the year-ago period.

Federal International (2000) posts Q2 net loss of S$228,000

OIL AND gas procurement specialist Federal International (2000) saw a net loss of S$228,000 for the fiscal second quarter ended June 30, compared to a net profit of S$1.2 million in the year-ago period. Its results release on Sunday evening followed the group's July 31 warning of a second-...

Singapore firms urged to see innovation and internationalisation as a single process

JUST as two government agencies merged to form Enterprise Singapore (ESG) in April, local firms should think of innovation and internationalisation as "a single conversation" instead of two separate journeys, said ESG chairman Peter Ong...

Singapore firms urged to see innovation, going global as a single process

JUST as two government agencies merged to form Enterprise Singapore (ESG) in April, local firms should think of innovation and internationalisation as "a single conversation" instead of two separate journeys, said ESG chairman Peter Ong...

ESG to help new SMEs go digital from birth

NEW small and medium enterprises (SMEs) here will be encouraged to be "digital at birth", with digital solutions offered to them upon registration with the Accounting And Corporate Regulatory Authority (ACRA)...

Hatten Land to acquire Seremban developer

CATALIST-listed Hatten Land is going beyond Melaka for the first time, with its proposed acquisition of Velvet Valley, the property developer announced on Friday after the market closed.

Green warrior

IF a firm cares about long-term prosperity - or indeed, long-term survival - then it has to care about environmental sustainability.

Panda Green Energy issues profit warning, expects first-half loss

PANDA Green Energy Group issued a profit warning on Friday, with the group expected to record a net loss of 27 million yuan (S$5.4 million) for the six months ended June 30, compared to a restated net profit of 27 million yuan for the year-ago period.

OUE Limited Q2 profit down 24.6% to S$5.3m

INTEGRATED property developer OUE Limited saw net profit fall 24.6 per cent to S$5.3 million for the second quarter ended June 30, from S$7.1 million in the year-ago period, it announced on Friday night.

China Everbright seeks dual listing in Hong Kong

MAINBOARD-LISTED China Everbright Water announced on Friday that it has applied to the Stock Exchange of Hong Kong (SEHK) to seek a dual primary listing on its main board.

Nam Cheong's scheme of arrangement sanctioned

SHIPBUILDER Nam Cheong said on Friday that Singapore's High Court has sanctioned the scheme of arrangement between it and its creditors, with amendments, after the hearing of its application on Aug 3...

BBR Q2 net loss widens to S$3.5m

CONSTRUCTION firm BBR Holdings' net loss widened to S$3.5 million for the second quarter ended June 30, from S$2.2 million in the year-ago period, it reported on Friday after the market closed...

Chip Eng Seng sees turnaround with Q2 net profit of S$11.1m

CONSTRUCTION and property firm Chip Eng Seng posted net profit of S$11.1 million for the second quarter ended June 30, a turnaround from its S$2.6 million loss in the year-ago period.

Hoe Leong's free float restored, trading to resume Aug 6

HEAVY equipment maker Hoe Leong Corporation has restored its free float to above 10 per cent, as required under the listing rules, with trading of its shares to resume from 9 am on Aug 6.

SPH unit acquires remaining stake in video content marketing subsidiary BNM Content Solutions

SINGAPORE Press Holdings has acquired the remaining 10 per cent of the total share capital of video content marketing subsidiary BNM Content Solutions (BNMCS) at a consideration of S$50,000, it announced on Friday after the market closed.

Hatten Land unit to acquire Seremban developer

CATALIST-listed Hatten Land is going beyond Melaka for the first time with its proposed acquisition of Velvet Valley Sdn Bhd, the property developer announced on Friday after the market closed.

Challenger Q2 net profit up 3% to S$4m

CHALLENGER Technologies' net profit edged up 3 per cent to S$4 million for the second quarter ended June 30, up from S$3.9 million in the year-ago period, it reported on Friday after the market closed...