Tag: cuts
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Singapore cuts 2025 GDP forecast to 0–2% amid US tariffs and global trade tensions
Singapore has revised its gross domestic product (GDP) growth forecast for 2025, lowering it from 1 to 3 per cent to a more...
Creative Technology lays off 40 staff in restructuring amid wider tech industry job cuts
SINGAPORE: Home-grown electronics company Creative Technology has laid off around 40 employees, representing approximately 14% of its workforce, as part of a restructuring...
KPMG: Slower than expected interest rate cuts to support bank margins in 2025
Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term growth
HONG KONG SAR – Media OutReach...
TSMC cuts ties with Singapore’s S$1 firm over potential Huawei-linked export control breach
SINGAPORE: Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, has reportedly ended its partnership with PowerAIR, a Singapore-based firm, after identifying...
