Singapore Business Review - Issue 107

In this issue

Green tech investments in Singapore are surging as the net zero deadline nears, a trend evidenced in 2023 and expected to continue into 2024. The heightened emphasis on sustainability is reflected in this year's Hottest Startups list, which features four enterprises dedicated to addressing ecological concerns. Learn about these four startups and 16 more groundbreaking companies on page 30 to 36.

Singapore's plan to raise retirement and re-employment age sparks debate

In six years’ time, Singapore is set to shelter one in four citizens aged 65 and older, with the majority of them expressing a desire to remain in the workforce.

2 mins

Lessons Lazada's layoffs teach about collaborating with unions

There is generally no legal mandate for companies to consult unions about layoffs; however, the situation is different for unionised companies.

2 mins

Fr8Labs secures major backing to digitalise Asia's freight sector

Investors are showing strong support for Fr8Labs, a company set on transforming the freight forwarding sector traditionally bogged down by manual processes.

1 min

JustCo debuts first pay-per-minute airport hub for business nomads

The co-working space has around 50 hot desks and nap pods, allowing travellers to 'check-in' at work.

2 mins

Three strategies to mitigate BEPS 2.0's tax impact for MNEs

Should the directive be implemented, selected MNES will be subject to a global minimum tax of 15%.

2 mins

National security is put front and center with new Significant Investments Review bill

Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.

3 mins

Retailers are urged to view returns management as loyalty drivers

15% of customers abort a transaction if the return policy is subpar.

3 mins

CEO Justin Quek steers OrangeTee to real estate centered around customers

A step toward this commitment is the launch of the consumer-centric event 'Property Festival' in 3Q24.

3 mins

Why Tim Hortons vies for top spot in Singapore's 'third place' Western coffee scene

Capturing this market is better than competing directly with kopitiams and grab-and-go concepts.

3 mins

Strategic locations and value-added services drive growth in self-storage sector

In Singapore, StorHub has introduced online booking for storage spaces of various sizes.

2 mins

Venture capitalists sharpen focus on targeting startups' profit paths

Deal activity in Asia Pacific fell 26.3% YoY in 2023, reflecting VC firms' caution.

2 mins

Sustainability and biomedical startups draw investors and founder focus

A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

9 mins

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Singapore Business Review Magazine Description:

Singapore Business Review (SBR) Magazine is a quarterly business magazine published by Charlton Media Group. It was launched in 2001 and is the only local business magazine in Singapore guaranteed to reach senior decision makers in the top 1,700 companies with combined sales of S$692 billion and 94% of listed companies.

SBR is known for its in-depth coverage of the Singaporean business landscape, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Industry trends and analysis
* Company profiles and interviews with CEOs
* Government policies and regulations
* Technology and innovation
* Finance and markets
* Leadership and management
* Sustainability and social responsibility

SBR is a must-read for anyone who wants to stay informed about the latest trends and developments in the Singaporean business world. It is also a valuable resource for anyone who wants to understand the challenges and opportunities facing businesses in Singapore.