Business News

Global airlines slash profit forecast 21% on protectionism fears

The International Air Transport Association, which represents about 290 carriers or more than 80 percent of global air traffic.

Jun 2, 2019

By Reuters

Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder/File Photo

US begins collecting higher tariffs on Chinese goods arriving by sea

U.S. President Donald Trump imposed the tariff increase on a$200 billion list of Chinese goods on May 10.

Jun 1, 2019

By Reuters

US defence chief says China threatens Asia's stability

U.S. Defence Secretary Patrick Shanahan did not specifically name China when making accusations of "actors" destabilising the region.

Jun 1, 2019

By Reuters

US suspension of trade programme with India 'a done deal' - US official

U.S. law requires the administration to wait 60 days after it notifies Congress of the move before it formally ends India's participation in the programme.

May 31, 2019

By Reuters

Celebrate Singapore Cable Car's 45th anniversary from June to August at One Faber Group's attractions

Celebrate Singapore Cable Car's anniversary with special promotions for locals each month, starting from June till August.

May 31, 2019

By IBTimes SG Desk

GorillaSpace announces seed funding led by top Japanese property developer Mitsubishi Estate Co., Ltd

Founded in 2018 by Ben and Ginny Eckblad, GorillaSpace empowers businesses to more easily find and lease office space, coworking spaces and serviced offices.

May 30, 2019

By IBTimes SG Desk

Singapore set to offer land plots to encourage high-tech farming

From sky farms to lab-grown shrimp, Singapore eyes food future

Sustenir Agriculture is one of more than 30 vertical farms in Singapore, which has seen a doubling in so-called sky farms in three years.

May 30, 2019

By Reuters

Fears of prolonged trade war weigh on Asia stocks; bonds rally

European stock futures were higher in early trade, trimming some losses after falling sharply the previous day.

May 30, 2019

By Reuters

Austrade Deepens collaboration unveils latest cohort of market-ready startups in Singapore

The Landing Pad program supports market-ready startups ready for scale up with the potential for rapid growth on a cost-effective option to land and expand into major global innovation hubs around the world.

May 30, 2019

By IBTimes SG Desk

Salesforce introduces first low-code blockchain platform for CRM

Salesforce introduces Salesforce Blockchain, a low-code platform that enables organizations to share verified, distributed data sets across a trusted network of partners and third parties.

May 30, 2019

By IBTimes SG Desk

BlueChilli opens applications for accelerator targeted at aspiring founders in Asia's US$3.3b HealthTech sector

15 founders from Southeast Asia will be selected for the BlueChilli HealthTech Accelerator to build startups with ambitions of radically improving health outcomes in the region and globally.

May 29, 2019

By IBTimes SG Desk

Bosch captures growth momentum as Southeast Asia embraces connected solutions

Third-party sales increased by nearly five percent to SGD 1.34 billion (839 million euros) in Southeast Asia.

May 29, 2019

By IBTimes SG Desk

Asian shares falter, bonds rally on global risk aversion

In an indication U.S. markets will fall again on Wednesday, E-Minis for the S&P 500 were 0.4% lower.

May 29, 2019

By Reuters

HSBC plans retail wealth headcount boost; eyes Singapore expansion

HSBC's retail banking and wealth management division serves clients with less than $5 million of investable assets.

May 29, 2019

By Reuters

FAA reputation has taken a hit from Boeing 737 MAX grounding: United executive

However, he said the regulatory system in the United States and elsewhere was likely to emerge stronger as a result of the 737 MAX grounding experience.

May 27, 2019

By Reuters

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