The Land Transport Authority (LTA) announced today (September 15) that the government will be injecting an additional S$ 112 million in financial assistance for taxi operators and private-hire firms. LTA said in a post on Facebook that the funds will help point-to-point (P2P) drivers and operators “tide over this difficult period”. …
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South Korean tech giant, Naver, just led a US$ 80 million (S$ 108 million) investment round into Carousell, the online marketplace startup announced in a press release earlier today (15 Sep). Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities are the two other investors included in the consortium. …
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More than 2,000 stillbirths occur in Malaysia annually, according to data from the World Health Organisation (WHO) and United Nations (UN). Stillbirth refers to the death or loss of a baby before or during delivery. Both a miscarriage and stillbirth describe pregnancy loss, but they differ depending on when the …
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Despite a global pandemic, Singapore is still drawing investments from global tech firms. As the US-China tech race heats up, more firms are flocking to Singapore in a bid to escape the fallout. In the first half of 2020, Singapore has already drawn S$ 14.3 billion in fixed-asset investments — …
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Alibaba is reportedly in talks to invest US$ 3 billion (S$ 4.1 billion) into Southeast Asian ride-hailing giant Grab Holdings. That’s a fifth of Grab’s last known valuation of US$ 14 billion (S$ 19.1 billion) The e-commerce giant will be acquiring a percentage of the Grab stock held by Uber …
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For a long time, the retail industry in Singapore has felt the effects from the e-commerce boom. Last year, many well-known local and international brands — from Home-Fix to Sasa to Forever 21 — threw in the towel and announced closures. This year, the Covid-19 pandemic has only made the …
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Singapore is possibly in the height of its recession, with the economy contracting by 13.2 per cent year on year in the second quarter. The unemployment rate is also at a 10-year high, and it seems like many Singaporeans — both fresh graduates and mid-career — are scrambling for jobs. …
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Singaporean dancer Mohammad Alif Bin Rais (Alif “Aircho”) made a splash last year when TXT, Big Hit Entertainment’s latest newbie group, performed his dance choreography on a live show. Big Hit Entertainment, the record label behind worldwide superstars BTS, reached out to Alif for a partnership in 2019. Alif’s work …
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With a deal-hungry and cashback-centric Singapore, it is high time our local apps and platforms find ways to bring more cash savings to users. Fave is Southeast Asia’s fastest-growing fintech platform that provides QR payments and loyalty cashback to merchants. Previously known as deals website Groupon, The Fave Group has …
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