Covid-19 has created a gaping hole in Singapore’s retail sector as stores see decreased footfall and revenue with more people shopping online from home. It resulted in store closures and a slew of bankruptcies from major brands such as Sportslink, MUJI and GNC. Expansion is the last thing on their plans as they …
Read More »S’pore To Trial New Business Travel Pass For Senior Executives, But Is This A Good Move?
The government is set to trial a new business travel pass for senior executives in Singapore who need to travel overseas regularly for official and business purposes. However, holders of this pass will be required to abide by a strict controlled itinerary when they travel abroad for work. Upon returning …
Read More »How This Superfood Biz Became One Of The Top 100 Fastest Growing Firms In S’pore
A Singaporean superfoods company has made it to the Financial Times’ list of high-growth firms in the Asia Pacific. In Singapore, it is also listed in Singapore’s top 100 fastest-growing firms. Called Nature’s Superfoods, it is predominantly an online business, selling everything from quinoa to chia seeds, and exporting them …
Read More »S’pore Relocation Startup Moovaz Acquires Homegrown Van Hailing Firm GetVan
Relocation-tech platform Moovaz announced today (21 September) that it has acquired van-hailing startup GetVan. Following the acquisition, GetVan founder and CEO James Neo will be joining Moovaz as its Head of Supply Chain Operations. Additionally, the acquisition allows Moovaz to bolster its end-to-end relocation ecosystem with GetVan’s technological offering and …
Read More »How 2 Spicy-Loving Sisters Built A Chilli Biz In S’pore – Sells Hundreds Of Bottles A Month
Chilli is typically dubbed as a staple spice in Singapore. From chilli crab to Hainanese chicken rice, chilli always seems to make an appearance, whether as the star or an accompaniment. Singaporeans who have lived abroad for some time often fondly remember bringing along with them bottles of the red …
Read More »This S’pore Brand Conquers The Gourmet Snack Market, Sold 1M Bags Of Truffle Chips In 2 Years
In 2018, three brothers — Kenny Chan, 35, Johnathan Chan, 32 and Kayson Chan, 29 — saw an opportunity to bring in sophisticated gourmet food inspired by Italian culture into Singapore. The trio realised that consumers are getting more and more sophisticated with their choices of food. They then started …
Read More »Find The Cheapest Ride: This S’pore App Compares Fares Among ComfortDelGro, Grab, Gojek
Mark Lim, 34 and Timothy Khor, 28, noticed that railing-hailing prices tend to fluctuate erratically. Rates were also different across multiple apps ranging from private-hire app Grab to taxi operator ComfortDelGro. For example, the quoted rate on one app could be S$ 2 to S$ 3 lower on another app …
Read More »S’pore Startup Carousell Raises US$80M Funding Led By Naver – Now Valued At US$900M
South Korean tech giant, Naver, just led a US$ 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. …
Read More »From TikTok To Zoom: These 5 Tech Giants Are Expanding In S’pore And Now Hiring
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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