The Times Business Directory is a comprehensive compilation of key businesses including Singapore 1000 and SME 1000 companies.

Times Business Directory News

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Disruption response: Singapore can do much more

Singapore

MOST local business leaders believe that Singapore companies and the government still have a ways to go in responding to disruption.

It is a phenomenon they are mindful of, one through which new technologies can either trigger economic displacement or create opportunities for entirely new economic sectors to emerge.

A joint survey by The Business Times and Standard ...more

Helping S'pore SMEs stay agile in the digital economy

Singapore

THE rise of the digital economy is recognised as a promising growth area for Singapore, validated by various perspectives gleaned from work by the Committee on the Future Economy (CFE) and the measures targeted at deepening digital capabilities, as unveiled in Budget 2017.

At the same time, small- and medium-sized enterprises (SMEs) remain a fundamental growth segment for ...more

Vietnam a viable market for overseas expansion: IE S'pore

Singapore

THE strong numbers are proof that Vietnam remains one of the key South-east Asian markets for Singapore companies big and small.

As at the end of 2016, Singapore maintained its status as the third-largest foreign investor in Vietnam - after South Korea and Japan - with registered cumulative investments of US$37.9 billion in 1,786 projects.

Singapore is also the ...more

Analytics strategies can help lift revenue: Survey

Strategies to capture the value of big data and analytics - increasingly vital to corporations in recent years - can help boost revenue.

A recent survey by Forbes Insights, in collaboration with consultancy EY, found nearly two-thirds of firms with well-established analytics strategies reported an increase in operating margins and revenues of 15 per cent or more last year.

In addition, ...more

McKinsey unveils digital capability centre

Global consultancy McKinsey & Co has launched a digital capability centre (DCC) in Singapore as a hub for South-east Asian firms.

The centre, at the Clean Tech Park as part of the Jurong Innovation District, has been set up in partnership with the Advanced Remanufacturing and Technology Centre.

Part of a global network of five DCCs, the centre will help firms harness powerful emerging ...more

The pendulum of skillsets swings again . . . and again

ONE of the underestimated issues of our times is not about education, but concerns the skillsets that the working population has or does not have.

What is the employability value of our education amid the clamour for skilling and reskilling? Is learning a specific skill more cost- and time-effective than conventional college education? We are perhaps not debating these hard enough.

We ...more

Govt willing to allow some flexibility on foreign labour quota

Singapore

THE government is willing to allow some "short-term flexibility" on its foreign manpower quota to help companies cope with the shortage of labour, said Manpower Minister Lim Swee Say on Wednesday.

"For those sectors that have not transformed fast enough, let us work together to help you transform faster. If you need some short-term flexibility on the foreign worker policy, ...more

New SCCCI president Roland Ng sworn in

Singapore

THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) on Wednesday held an installation ceremony for its 59th council which saw the president of the 58th council, Thomas Chua, pass the baton to Roland Ng.

Mr Ng announced that the chamber has set up a Youth Business Affairs Committee to groom successors and nurture future Chinese business leaders. The committee is ...more

NTU co-develops world's first automated gondola

Singapore

NANYANG Technological University (NTU Singapore) and ELID Technology International have co-developed a robotic system named Outobot, which serves to wash and paint high-rise buildings.

OutoBot is an automated gondola system that will improve productivity and enhance workplace safety. The robot is the first of its kind to have wireless controls, and is controlled by a laptop ...more

Addressing weaknesess in the judicial management process

IN view of recent cases of several listed companies going under judicial management, it is timely for the general public as stakeholders to better understand the intended purpose of such an undertaking.

Judicial management is a temporary court-supervised rescue plan for financially distressed companies to be returned to financial health after debt and corporate restructuring. It is not, as ...more

Singtel ties up with polytechnics to help SMEs

More crucial training in the digital space is on the way for small and medium-sized enterprises (SMEs) operating in the retail, and food and beverage (F&B) sectors.

Singtel will tie up with Nanyang Polytechnic's (NYP) Singapore Institute of Retail Studies, and Singapore Polytechnic to provide this.

For instance, the institute will help firms find "digital professionals" - professionals, ...more

Start-ups partnering large corporates

The disruption economy is often portrayed as a fight by the old guard against up-and-coming start-ups, but increasingly, the Davids and Goliaths of business are finding benefits in collaboration.

One Goliath taking this path is Ascott, the serviced-residence business unit of property giant CapitaLand, which has actively teamed up with start-ups both in and out of Singapore.

Mr Kevin ...more

Gig - the shadow economy that's taking over the world

SO you work in the CBD. Here's your day: You book a Grab car to get to work; as you leave the apartment, the dog walker shows up to take your beagle for a run and a bath.

You're rushing a presentation for a new client and chow down a sandwich at your desk, brought to your office by foodpanda. The client, a tech entrepreneur who's started an online sales portal, calls to ask you to meet at ...more

Surprise tweaks in property cooling measures seen signalling further unwinding

THE government's unexpected move to make "calibrated adjustments" to a couple of the residential property cooling measures amid a recovery in private housing sales volumes has baffled many market watchers.

Could it be that the authorities were just getting tired of grumbles by individuals and decided to respond to ground feedback? If so, how really impactful can the latest announcements be?

There ...more

Over 8,000 jobs in public transport to be created by 2030

Singapore

THE public transport sector will create more than 8,000 jobs by 2030, as current positions are developed and new careers created.

The Land Transport Authority said that the Singapore Rail Academy and Singapore Bus Academy will build local capabilities for bus captains and railway engineers; new careers will also be created for data scientists, service controllers and rail ...more
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