Singapore
Memtech International to delist on 22 August
Memtech International to delist on 22 August
It was bought for $1.35 apiece in an offer that closed 26 July.
MPA launches new guide for maritime sustainability reporting
It includes a framework for reporting sustainability development practices.
Tripartite Workgroup eyes first changes to retirement age by 2022
This is to give way to improvements in workers’ life expectancy.
4 in 5 firms to cut legal costs in 2 years: survey
20% of local companies outlined cutbacks of up to a tenth of current legal fees.
Figtree to build $43.5m food processing facility for OJJ Foods
The facility will have a refrigerated ASRS warehouse, amongst others.
Fintech employers eye upsizing staff in next 12 months: survey
Over 1 in 5 employers expects their workforce to double after 36 months.
Earn the rewards of digital transformation with cloud data management
The past few years have seen many organisations embark on their digital transformation journey, with organisations looking to move their systems onto third platform technologies, such as mobile computing, social media, big data & analytics and the cloud. According to a 2018 Frost & Sullivan report, close to 40% of organisations across Australia, Hong Kong and Singapore have begun their IoT journey. The same study showed that 43% of Singapore enterprises surveyed have carried out IoT proofs of concept or having existing IoT implementations in place.
Listed utility firms' returns hit 13.2% in July
The three top-performing stocks had total returns of 19.9%.
1,000sqm biochemical R&D hub opens in Singapore
It was built by NUS, Agilent Technologies, and National University Hospital.
Singapore VC fund manager tops global consistency rankings
All three of East Ventures’ funds were in the top quartile of returns with over 20% internal rate of return.
Shell launches electric vehicle charging service
It will be available at ten of its stations by October.
ST Engineering's half-year order book hit record-high of $15.6b
Around $3.8b of it is expected to be delivered in the second half of the year.
Daily Markets Briefing: STI up 0.43%
Genting Singapore led the gains amongst top active stocks with a 2.29% climb.
Chart of the Day: Industrial property prices down 0.2% in H1
Multiple-user factories in areas with heavy industries led the decline.
Delistings drag on Singapore's recovering IPO market
There are about 14 companies undergoing privatisation in 2019.
Daily Briefing: Gold investors flee to Singapore amidst Hong Kong unrest; Property portal 99.co raises $20.8m in Series B round
And waste management firm Blue Planet bought Globecycle Holdings for an undisclosed sum.
StaffAny raises $1m in seed funding
The seed round of investment was lead by FreakOut Holdings, Inc.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation