Cab driver in S’pore found guilty of molesting female passenger
SINGAPORE – A cab driver was found guilty on Thursday (April 29) of molesting a female passenger after a trial. Haji Mohamed Yusoof, 56, had contested a charge of outraging […]
Google saving over US$1 billion a year by working from home
NEW YORK (BLOOMBERG) – With Covid-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google’s advertising business. Google’s employees, however, are working from […]
Grab’s Nasdaq debut to test its US$40 billion valuation, set roadmap for Spac hopefuls
SINGAPORE (REUTERS) – Singapore’s Grab more than doubled its valuation to US$40 billion (S$53 billion) in about a year as part of the world’s largest Spac deal, but maintaining that […]
Samsung sees higher chip earnings as Q1 profit jumps 46%
SEOUL (REUTERS) – Samsung Electronics said on Thursday (April 29) it expects chip profits to increase in the current quarter after announcing its highest first-quarter operating profit since 2018. The […]
Ford says Q2 car output will fall 50% on chip shortage
NEW YORK (REUTERS) – Ford estimated on Wednesday (April 28) that the global semiconductor shortage will cut second-quarter auto production in half, and warned the supply crunch “will get worse […]
Facebook profit nearly doubles as user ranks grow but Apple could spoil party
SAN FRANCISCO (AFP, REUTERS) – Facebook beat Wall Street expectations for both quarterly revenue and profit on Wednesday (April 28) but warned that growth later this year could “significantly” decline […]
S’pore’s total employment grew in Q1 for first time since start of Covid-19, retrenchments fell for 2nd straight quarter
SINGAPORE – The labour market has continued its recovery from the impact of the Covid-19 pandemic in the first three months of the year, latest manpower estimates showed on Wednesday […]
Digital skills programme helps low-income families manage cyber wellness
SINGAPORE – With two teenaged daughters who were always glued to their digital devices, Mr Mohamad Roslan Palil, 54, struggled daily to ensure they did their homework on time and […]
Singapore and region stand to benefit from RCEP free trade agreement: MAS
SINGAPORE – The world’s largest trade pact will reduce tariffs and harmonise trade rules, and Singapore and the region stand to gain from it by being more deeply plugged into […]
Over 800 sign up as volunteers in new programme to spread accurate CPF information
SINGAPORE – When scientist Chin Zan Xin received her very first salary slip about five years ago, she thought it must have been calculated wrongly as her take-home pay was […]
Singapore Police Force station inspector allegedly molested 2 men at police facility
SINGAPORE – A police station inspector was charged in a district court on Tuesday (April 27) after he allegedly molested two men at a police facility. Yick Wai Hong, now […]
Pakistan airline with 14,000 staff for 30 planes to cut half its workforce
ISLAMABAD (BLOOMBERG) – Pakistan International Airlines (PIA) will lay off half of its 14,000 employees, replace some of its fleet and permanently close loss-making routes in a bid to become […]
ADB lifts Asia growth forecast on Covid-19 vaccines, but warns of resurgent virus risks
MANILA (AFP) – The Asian Development Bank (ADB) has raised its growth forecast for developing Asia this year on the rollout of Covid-19 vaccines and the strength of global export […]
Nomura suspends executives, replaces risk head in Archegos rout
TOKYO (BLOOMBERG) – Nomura Holdings suspended a group of senior executives at its investment bank and replaced a top risk official as it reels from billions of dollars of losses […]
Microsoft sales jump on cloud, shares slip on lofty forecasts
NEW YORK (BLOOMBERG) – Microsoft reported quarterly sales and profit that topped analysts’ estimates for a ninth straight quarter, lifted by booming cloud-computing demand. This time, investors weren’t satisfied. Sales […]
Google ad sales surge 32% in Q1 as parent Alphabet’s profit more than doubles
NEW YORK (BLOOMBERG, REUTERS) – Google’s results, showing a surge in ad sales related to travel and retail, offered a glimpse of online spending in a post-pandemic world: Businesses are […]
Innovative UK Energy Company Increases Rewards for Residential Roof Top Solar
LONDON, Apr 26, 2021 – (ACN Newswire) – Rowan Energy has launched a new and leading global solar incentive programme; Rowan Rewards. The platform gives customers reward points similar to other loyalty programs for […]
S’pore-HK air tickets for May to early June snapped up after travel bubble relaunch announced
SINGAPORE – Flights from Singapore to Hong Kong have sold out after the relaunch of an air travel bubble slated to start on May 26 was announced. This travel arrangement […]
Covid-19 impact on jobs would have been worse if not for strong partnership with employers, unions: Josephine Teo
SINGAPORE – The impact of the Covid-19 pandemic on jobs would have been worse if not for the strong three-way partnership between the government, unions and employers, said Manpower Minister […]
Two drivers charged with duping LTA into issuing approval codes for trailers
SINGAPORE – Two men were charged in court on Tuesday (April 27) for cheating the Land Transport Authority into issuing registration approval codes for vehicle trailers. Loh Yeok Lum, 66, […]