Business costs
Rakuten AI boss diverges from big tech in prioritising low cost
RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency.
UK waters down workers’ rights bill to ease business concerns
THE UK government dropped a key measure from its flagship workers’ rights package in a bid to quell concerns of businesses who had warned the legislation would damage growth and employment.
Singapore firms split on revenue outlook amid cautious sentiment: SCCCI survey
While more businesses expect revenue growth this year compared with last year, those expecting declines also rose
As Singapore’s cinemas fade to black, is this the end of the road?
Innovation, having a niche, and even looking overseas for inspiration, could be ways to survive
Home-based pet boarding in Singapore grows on low cost, high demand
Unlicensed but in demand, informal pet sitters are reshaping the scene. But with regulatory hurdles, does this micro-industry have a future?
Missed insights, security gaps, rising costs: The heavy toll of poor data management and how to fix it
Only when the underlying data is of high quality and accessible can companies scale up innovation and AI automation, says Splunk’s Craig Bates
MPs raise concerns over business costs, effective training on first day of Budget debate
But others stress the social need for wage increases, despite the cost implications for companies
Budget 2025: Corporate income tax rebate, enhanced Progressive Wage Credit Scheme for businesses
Government’s co-funding levels for wage increases will be raised to 40% in 2025, and to 20% in 2026
Higher costs, profit squeeze keeping more SMEs up at night: QBE survey
Compared with a year ago, more of them are also worried about the impact of artificial intelligence on business productivity and jobs
Unit business costs for manufacturing, services up in 2024; labour cost set to keep rising in 2025
Wage growth outpaces productivity growth in 2024
