Singapore's health data bill mandates regulated information sharing

To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.

Venture capitalists sharpen focus on targeting startups' profit paths

Deal activity in Asia Pacific fell 26.3% YoY in 2023, reflecting VC firms' caution.

Strategic locations and value-added services drive growth in self-storage sector

In Singapore, StorHub has introduced online booking for storage spaces of various sizes.

Why Tim Hortons vies for top spot in Singapore's 'third place' Western coffee scene

Capturing this market is better than competing directly with kopitiams and grab-and-go concepts.

CEO Justin Quek steers OrangeTee to real estate centered around customers

A step toward this commitment is the launch of the consumer-centric event 'Property Festival' in 3Q24.

Retailers are urged to view returns management as loyalty drivers

15% of customers abort a transaction if the return policy is subpar.

National security is put front and center with new Significant Investments Review bill

Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.

Three strategies to mitigate BEPS 2.0's tax impact for MNEs

Should the directive be implemented, selected MNES will be subject to a global minimum tax of 15%.

JustCo debuts first pay-per-minute airport hub for business nomads

The co-working space has around 50 hot desks and nap pods, allowing travellers to 'check-in' at work.

Fr8Labs secures major backing to digitalise Asia's freight sector

Investors are showing strong support for Fr8Labs, a company set on transforming the freight forwarding sector traditionally bogged down by manual processes.

Lessons Lazada's layoffs teach about collaborating with unions

There is generally no legal mandate for companies to consult unions about layoffs; however, the situation is different for unionised companies.

Singapore's plan to raise retirement and re-employment age sparks debate

In six years’ time, Singapore is set to shelter one in four citizens aged 65 and older, with the majority of them expressing a desire to remain in the workforce.

Sustainability and biomedical startups draw investors and founder focus

A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

4 bills businesses should know in 2024

One of the measures will screen investments in entities critical to Singapore's national security.

Tuas Power diversifies business for Singapore's energy transition

The country's sole operator will rely on biomass and renewable energy imports for decarbonisation.

Generative AI, CBDCs to shape Singapore's financial future in 2024

Singapore will be piloting the use of wholesale CBDCs next year.

Startups focusing on 'continuity of care' flourish in SG's booming health tech sector

Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.

Singapore faces cost and investment hurdles in hydrogen push

Tech advances will allow SG to produce 50% of its energy from low-carbon hydrogen by 2050.

Fintech investors now prioritise profitability over valuation

An expert said fintechs must have more than one revenue stream to attract investors amidst economic slump.

IPO scene under Singapore's threat from US, Australia

Homegrown firms such as Simpple and Grab chose to list in the US.

10 investment ideas for 2024

Experts say it's time to shift from public to private investments.

How OCBC's blockchain expertise is powering Singapore's digital currency ambitions

The bank is one of the institutions chosen to pilot wholesale CBDC use in 2024.

How NETS is helping SMEs get the right data to raise their revenue

NETS has a network of about 10 million cards and 130,000 payment touchpoints in Singapore.

Trust Bank sets the bar for digital banking in the Asia Pacific region

After just one year in operation, it has enlisted 12% of Singapore's total population as customers.

Lylo elevates short term car rental services with care packages, delivery option

The company assures that renting a car in Singapore comes with convenience and peace of mind.

Indonesian challenger Fore Coffee brings its sustainability ethos to Singapore

The brand uses recycled materials to furnish each of its 150 coffee shops.

ZALORA seizes opportunity in revenge tourists' purchasing power

The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.

How brands can avoid inauthentic throwback marketing

Analysts flag common errors in using nostalgia marketing and cite brand campaigns that are winning hearts.

Pay transparency trend relies on the labour market's future

If the labour market softens, firms can decide whether or not to openly disclose salaries.

DPT service providers face higher costs under MAS' investor protection measures

MAS has required all providers to hold customers' money and assets in a trust.