Carousell group chief executive Quek Siu Rui informed all employees of the layoffs in a town hall on Friday morning, the spokesperson said. The affected workers were told individual
Category: Company
Genting Singapore led gains on STI
Genting Singapore led gains on the Straits Times Index (STI), rising 2% to 78 cents with a trading volume of 24 million shares worth $18.6 million
Frencken Group Faces Slower Recovery but Retains Top Pick Status
Frencken Group’s recovery slows with weaker 3Q24 results, but long-term prospects in semiconductors and life sciences keep it a top pick in Singapore’s tech sector.
Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia
Loqate has partnered with GrabMaps to enhance its address verification services across Southeast Asia, starting…
Moody’s Maintains GENS Strong A3 Rating with Stable Outlook Amid Expansion at Resorts World Sentosa
GENS is expanding and refreshing its offerings at RWS in phases for a total cost of SGD6.8 billion, which includes the amount already spent.
Frencken Group Ltd: Delayed Semi-Conductor Ramp-Up, Positive 2H24 Outlook
Despite these challenges, Frencken remains well-positioned. Its strong cash flow and net cash balance sheet provide resilience, and the company continues to benefit from diversified revenue
EMERGE Group’s 2nd Web3 Fiesta in Singapore Draws Over 1,000 Attendees
Key leaders from the global blockchain and gaming industries participated, fostering discussions on innovation and collaboration at the Emerge Group event
Berjaya Expands Paris Baguette to Brunei and Thailand
Berjaya Food International partners with Paris Baguette to launch in Brunei and Thailand, boosting its ASEAN café market expansion.
Pan Pacific Hotels Group to Manage Pan Pacific Siam Bangkok
Pan Pacific Hotels Group will convert a Bangkok office building into a luxury hotel, expanding its presence in Thailand.⬤
Ascott Boosts Southeast Asia Presence with 28 New Properties
Ascott expands its Southeast Asia portfolio with 28 new signings, adding over 3,400 units and enhancing its flex-hybrid model