VENTURE CAPITAL POST

Singapore introduces Checkmate, a service supported by the new Centre for Advanced Technologies in Online Safety (Catos), allowing users to verify suspicious text messages for scams or misinformation, as part of efforts to combat online harms.

Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.

Singaporean Deputy Prime Minister Lawrence Wong is set to be sworn in as the city-state’s prime minister and retain his finance portfolio after Lee Hsien Loong’s 20-year leadership of the ASEAN nation.

AI Singapore’s director of innovation Laurence Liew stressed the importance of properly using AI technology in order to boost the wider adoption of the technology on all companies across multiple sectors and minimize corporate hesitation.

Prime Minister Lee Hsien Loong reveals he once was scammed as Singaporeans are affected by online scammers, too, with the government expected to intensify efforts to combat fraudulent activities.

Shell's Singapore oil refinery and chemical assets will be sold to a Glencore-led joint venture with a purchase sale of below $1 billion, following agreements in place for continued collaboration and strategic alignment with CAPGC.

Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.

The survey results also showed that being unhappy with work-life balance led more employees to leave their jobs.

Yahoo Singapore overhauls operations, dismissing editorial and social teams. Shift towards content curation with layoffs affecting 17 staff.

Singapore Airlines was ordered to compensate an Indian couple over $2,600 for “mental agony” after their business class seats failed to recline on a flight from India to Singapore.

Drs Thompson and Thomson (DTT) clinic denies any contractual ties with Bank of Singapore (BOS) amidst reports of staff terminations over alleged medical benefits misuse.

FPG is rolling out savings and discounts worth over $4.5 million at its supermarkets and selected Kopitiam outlets throughout May and June, exceeding last year's offers.

Marina Bay Sands (MBS) reported a surge in profits by 51.5% to $811.4 million in the first quarter of 2024, which coincided with the increase in casino revenue to $859 million from $593 million the previous year.

Singaporean companies struggle with the new mandate for flexible-work setups, prompting them to reassess hiring strategies by considering overseas recruitment.

By December, all Singaporean enterprises must set up an avenue for workers to request flexible work under the new tripartite rules.