Handshakes

Anatomy of a scam empire: Brains and businesses behind Chen Zhi’s network centred in Cambodia

The Business Times unravels the tangled web of sanctioned collaborators, accused associates and entities, using Handshakes data

According to data from analytics platform Handshakes, out of 63,801 new corporate entities formed here last year, 29 per cent were foreign-owned.
BT-HANDSHAKES DATA SERIES

Foreign ownership of new entities up in 2022, with rebound in owners from China

But momentum could slow this year with weak market conditions, say watchers

A biotechnologist overseeing the fermentation process, which is key in vaccine manufacturing, at GlaxoSmithKline (GSK) Biologicals’ manufacturing facility in Tuas. 
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More manufacturers set up in Singapore during pandemic years

SINGAPORE’S manufacturing sector has seen more new entrants each year despite Covid-19, with the pandemic possibly burnishing the Republic’s attractiveness to investors, said industry watchers.

More construction firms set up than wound up despite pandemic
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More construction firms set up than wound up despite pandemic

Covid reliefs may have helped delay day of reckoning, say observers; for most sub-sectors, cessation rates were lower in 2020 and 2021 than in pre-Covid years

F&B sector continues to see brisk entries despite challenges

F&B sector continues to see brisk entries despite challenges

DESPITE challenges faced by Singapore's food and beverage (F&B) sector, the industry continued to see a large number of entrants in 2020 and even in the first 8 months of this year. But observers are ...

Tuition industry gets more crowded, but players are upbeat about prospects
BT-HANDSHAKES DATA SERIES

Tuition industry gets more crowded, but players are upbeat about prospects

Tuition chains that drill students for exams are becoming passé. Tech-enabled centres now hawk niche areas, soft skills, cross-disciplinary learning

Propped up by government support last year, construction sector could see more exits in 2021
BT HANDSHAKES DATA SERIES

Propped up by government support last year, construction sector could see more exits in 2021

AS government relief measures taper off, more exits can be expected in Singapore's construction sector - a sector that was hit hard by the Covid-19 pandemic but where the worst of the impact may not y...

Nikkei takes minority stake in SPH-backed AI startup DC Frontiers for US$5m

Nikkei takes minority stake in SPH-backed AI startup DC Frontiers for US$5m

SINGAPORE artificial intelligence (AI) startup DC Frontiers has raised US$5 million from new strategic investor Nikkei Inc, the owner of the Financial Times (FT) and publisher of Nikkei Asian Review.

Handshakes to launch new data sets in Vietnam and China

Handshakes to launch new data sets in Vietnam and China

CORPORATE data analysis platform Handshakes, which is owned and operated by startup DC Frontiers, said it hopes to establish a presence in the fast-growing economies of Vietnam and China amid surging ...

Online shopping looks hot - but 80% of e-tailers are in the red

Online shopping looks hot - but 80% of e-tailers are in the red

Pandemic's pushing consumers online, but competition is fierce, with price war leaving businesses no elbow room to manoeuvre