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SINGAPORE: The foreign worker quota for S Pass holders in the manufacturing sector will be cut from 20 per cent to 15 per cent in phases over the next two years, announced Deputy Prime Minister Heng Swee Keat in his Budget speech on Tuesday (Feb 16). The cuts to...

SINGAPORE: Airlines and other aviation players will receive a total of S$870 million in financial support this year, as the Government continues its assistance for the beleaguered industry. In his Budget speech on Tuesday (Feb 16), Deputy Prime Minister and Finance Minister Heng Swee Keat said the ...

The government will extend support for, and enhance, the Enterprise Financing Scheme-Venture Debt programme for high-growth enterprises by increasing the cap on the loan quantum supported to S$8 million, from S$5 million currently.

The Swiss Competition Commission (COMCO) has opened an investigation of Mastercard Inc into possible obstruction of SIX's National Cash Scheme (NCS), a set of rules for withdrawals and other transactions at banks' cash machines, the watchdog said on Tuesday.

Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in position to boost net gas exports to the United States for the first time in five years.

SoftBank Group Corp shares closed at a record high on Tuesday, surpassing a peak reached at the height of the dot-com bubble, as online backers celebrated the recovery in the value of the firm's tech portfolio.

Carlyle Group plans to list Japan's WingArc1st Inc and is set to win approval for a listing as early as Thursday, two sources said, after the U.S. fund twice failed to float the software firm.

There is an old joke in the marathon community, that every runner is running away from something.

Bristol-Myers Squibb Co and Sanofi SA were ordered by a U.S. judge on Monday to pay more than US$834 million to the state of Hawaii for failing to properly warn non-white patients of health risks from its blood thinner Plavix.

SINGAPORE: The Food, Drinks and Allied Workers Union (FDAWU) announced on Tuesday (Feb 16) that it plans to unionise confectionery firm Twelve Cupcakes, which was found to have underpaid foreign employees over about two years. The union aims to “represent and speak up for the employees, and work ......