CNA938 Rewind - Stock take today: Trump tariff blitz continues, markets muted
The joint venture (JV) between Singapore Airlines (SIA) and Malaysia Airlines will see the two airlines working together on scheduling, pricing, sales and marketing, including expanded codesharing of flights, among other things, on routes between Singapore and Malaysia. Andrea Heng and Hairianto Diman chat with Shukor Yusof, Analyst & Founder at Endau Analytics Pte Ltd to look at how this JV will benefit both airlines, and the impact on their bottom line.
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Straits Times
34 minutes ago
- Straits Times
Ninja Van cuts 12% of Singapore workforce after 2 rounds of layoffs in 2024
Sign up now: Get ST's newsletters delivered to your inbox Ninja Van had two rounds of layoffs in 2024. SINGAPORE - Logistics company Ninja Van has cut about 12 per cent of its Singapore workforce, following two rounds of layoffs in 2024. A Ninja Van spokesperson said on Aug 12 that the job cuts are part of the company's long-term effort to strengthen its business model, and that these decisions were not made lightly. 'By streamlining our headquarter functions, we are also aligning resources to support our critical growth areas of tech‑enabled business-to-business restock and cold chain, while ensuring seamless operations across all services,' the spokesperson said. The Singapore-headquartered company's core courier and e‑commerce services continue to thrive and form the backbone of its operations across South-east Asia, the spokesperson added. Ninja Van declined to comment on the size of its current workforce in Singapore, and whether there are more layoffs to come. In the last few hours, a number of former Ninja Van employees from Singapore, Malaysia and Indonesia have posted on LinkedIn, saying that they are seeking a new role. A check on Ninja Van's job openings on its website showed it still has openings for more than 10 Singapore-based roles in areas ranging from operations to service delivery. Top stories Swipe. Select. Stay informed. Singapore Luxury items seized in $3b money laundering case handed over to Deloitte for liquidation Singapore NEL resumes service after hours-long power fault; single-track service on Sengkang-Punggol LRT Singapore Plan to base Singapore's F-15 fighter jets in Guam cancelled Singapore Hyflux investigator 'took advantage' of Olivia Lum's inability to recall events: Davinder Singh Singapore Man who stabbed son-in-law to death in Boon Tat Street in 2017 dies, aged 80 Singapore Scoot to launch flights to Chiang Rai, Okinawa, Tokyo-Haneda, boost frequency to other places Singapore Man on trial for stalking woman blasted by judge for asking scandalous questions in court Singapore Off-duty SCDF officer dies after accident in Punggol; 15-year-old pillion rider taken to hospital In April 2024, Ninja Van had cut 10 per cent of its tech team , a move which drew flak from the National Trades Union Congress (NTUC) as it happened 'just before May Day'. In July 2024, it laid off 5 per cent of its Singapore workforce. At that time, there are about 450 staff based at its Singapore corporate headquarters. Mr Andy Ang, assistant executive secretary of the Supply Chain Employees' Union (SCEU) said in a statement on Aug 12 that Ninja Van had informed the union about the layoffs in advance. Ninja Van is a non-unionised company, but some of its affected employees are members of SCEU. 'All alternative options have been explored, resulting in some workers being redeployed to other suitable positions within the company,' he said. He added that the union has engaged Ninja Van to ensure fair compensation packages were provided for affected workers. Ninja Van said impacted employees will receive severance package, including those with less than two years of service. Additionally, medical insurance and mental health support have been extended till Dec 31, 2025, with a deadline extension for exercising vested employee stock options from 30 days to one year. Ninja Van currently operates in Singapore, Malaysia, Indonesia, Vietnam, the Philippines and Thailand.
Independent Singapore
an hour ago
- Independent Singapore
Singapore named one of Asia's smartest cities in 2025 — but can tech solve everything?
Photo: Unsplash SINGAPORE: Singapore has long been well-regarded for its admirable vista, opulent foliage, and exceptional development. In the current year, the Lion City earned a new distinction by being named one of Asia's smartest capitals, according to the newest Smart City Index by the International Society for Urban Informatics (ISUI), featured in a recent story of Time Out. Classified as the 21st in the world and 5th in Asia, Singapore's spot strengthens its rank as a trailblazer in smart inner-city development. Thus far, there is one question that continues to nag — can technology really solve all of the city's glitches and difficulties? What makes a city 'smart'? Many people think being a 'smart city' only involves fast internet or the latest tech. The ISUI's Smart City Index 2025 takes a deeper, more people-focused approach. Using global data, the index assesses 73 cities across six main areas: citizens, environment, social landscape, economy, infrastructure, and governance. This offers a more complete view of urban intelligence. Each area is divided into specific goals. For example, the 'citizens' category includes metrics like education, health, and lifelong learning. The 'social landscape' looks at housing affordability, public safety, mobility, and healthcare access. It's not just about having high-tech solutions; it's about being well-developed. Where Singapore stands Globally, Stockholm leads the list, followed by Washington, D.C., and Barcelona. Singapore ranks 21st worldwide, but in Asia, it proudly stands among the top five smartest cities: Tokyo (#5 globally) Hong Kong (#8) Seoul (#13) Beijing (#15) Singapore (#21) This position puts Singapore ahead of regional competitors like Yokohama, Guangzhou, and Kuala Lumpur, which is no small feat in a region striving to modernize. High tech, high hopes, but is it enough? The city-state's smart city goals are extremely entrenched in its urban uniqueness. Be it the AI-propelled stream of traffic systems or its avant-garde Smart Nation ingenuity, Singapore continues to devote substantial investments to its digital transformation initiatives. Nevertheless, such development raises vital questions: Can technology respond to the increasing societal disparity? Can it make housing more affordable or strengthen communities? Is being smart synonymous with being inclusive, or just efficient? See also TikTok warns parents over suicide video These are challenges that even the smartest cities face. While it is true that technology can boost services, improve products, and enhance the quality of life, it cannot provide humans' need for compassion, justice, equality, and connection. As cities like Singapore climb the ranks, their accomplishment must also be assessed by how fit the city is for human habitation, if it is all-encompassing, if it is robust for all residents and citizens, and not just how speedy or innovative they appear to be. So yes, Singapore is smart — among the smartest, but the next challenge may not be found in data dashboards or digital services. It may lie in how effectively Singaporeans use that intelligence to create cities that are not only connected but also truly focused on people. () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Independent Singapore
an hour ago
- Independent Singapore
Johor pioneers wastewater recycling for Tier 4 data centres in nation's first
JOHOR BAHRU: Johor has taken a national lead by becoming the first Malaysian state to use wastewater recycling in Tier 4 data centre operations, blending cutting-edge technology with sustainable water management. Mentri Besar Datuk Onn Hafiz Ghazi said the achievement cements Johor's position as the country's top data centre hub while driving both economic growth and environmental responsibility. According to The Star , he noted that more than 50 data centre construction applications have been received to date, with 42 already approved by the second quarter of 2025. These projects represent RM164.45 billion (S$50 billion) in total investments and are expected to create over 6,000 jobs for Malaysians, especially Johoreans. Balancing growth with sustainability Speaking at the Alternative Water Usage Recognition Ceremony on Aug 11, Onn Hafiz noted that the state is reviewing seven new data centre applications, which together could require up to 76 million litres of water daily. With such significant demand, he stressed the need for growth to go hand in hand with careful resource management. He explained that the Johor Data Centre Development Coordination Committee, co-chaired by three state executive councillors, was set up to oversee projects through a transparent review process. The focus, he said, is on ensuring that facilities adopt renewable energy sources and alternative water solutions, reducing pressure on Johor's potable water supply. Johor Special Water (JSW), a subsidiary of Permodalan Darul Ta'zim Sdn Bhd, has exclusive rights under a 2011 agreement with national sewerage company Indah Water Konsortium (IWK) to develop wastewater reclamation projects for industrial use. Treated wastewater is being channelled into data centre cooling systems alongside raw water and desalinated water. Deputy Prime Minister Datuk Seri Fadillah Yusof commended the move, calling it 'a step forward in ensuring environmental sustainability and resource security' and encouraging other states to follow Johor's lead. Turning sewage into a digital asset As of Jun 30, JSW had received requests from operators for 136 million litres of alternative water supply per day. This week, three agreements were formalised to expand the use of reclaimed water in data centre operations. The first agreement between IWK and JSW will see treated effluent from sewage plants sent to reclaimed water production facilities. The second, involving JSW, Bridge Data Centres and Computility Technology, covers the use of reclaimed water for cooling systems, with one facility already in operation in Ulu Tiram and another scheduled to open in Iskandar Puteri by December. The third agreement, between JSW and DayOne Data Centres, will supply raw water from the Tebrau River to a new data centre in Kempas Tech Park, expected to start operating in November. Onn Hafiz said these initiatives will reduce reliance on treated water for industrial purposes and reinforce Johor's reputation as a leader in green industry practices. Why it matters for Singaporeans For Singapore, Johor's wastewater recycling drive is more than just a sustainability milestone across the border. The state plays a crucial role in the Johor–Singapore Special Economic Zone (JS-SEZ), where data centres are a fast-growing sector. A sustainable and dependable water supply means these facilities — many of which serve regional clients, including Singapore-based firms — can grow without placing additional strain on shared water resources. For Singaporean investors and tech companies, it's also a signal that Johor is serious about building a resilient, future-ready digital infrastructure that can meet global demand while protecting the environment both countries share. Read also: Singapore and Johor partner to train talent for special economic zone, unveil Ascott Coronation Square
