News
Mergers, IPOs plunge in first half of 2022
Mergers, IPOs plunge in first half of 2022
The value of the seven IPOs in Singapore so far is 90% lower than last year's.
Singapore’s investment banking fees rise 3.3% in first half of 2022
However, DCM underwriting fees were slightly lower than in 2021.
Manufacturing output grew by nearly 14% YoY in May
Without biomedical manufacturing output, it grew by 18%.
ShopBack bags $111m in Series F funding round
This brings its total capital raised to over $319.36m
MPA, CMA CGM Group ink deal on maritime decarbonisation, digitalisation and innovation
They will explore the use of zero and low-carbon marine fuels, amongst others.
New GlobalFoundries facility to create 1,000 jobs
The semiconductor giant has job openings for technicians and engineers.
DBS PayLah! enables QR payments in 45 markets through UnionPay
Users can now pay with QR code in one of UnionPay’s 31 million retailers worldwide.
MoM vows to improve measures for workplace safety in construction firms
There have been 27 workplace fatalities in 2022 so far, almost double that of 2019.
SG kicks off multilateral cross-border trade of renewable energy
The renewable hydropower was imported from Lao PDR via Thailand and Malaysia.
Core inflation hits a 14-year high of 3.6%
The increase was due to stronger inflation across all expenditure divisions.
Chart of the day: Slow but steady growth of business confidence in Singapore
This was underlined by the economy’s steady reopenings.
Market update: STI up 0.16%
Two real estate firms topped the index.
MOF appoints new head of accounting and corporate regulatory authority board
Ong Chong Tee will assume his post on 1 July 2022.
Keppel Land’s i12 Katong lifestyle mall reopens
It features several “firsts” including a medical co-working space for practitioners.
Inflation picks up in May at 5.6%
It accelerated due to higher private transport, food, and services inflation.
Ireit Global gets 12-year lease at Sant Cugat Green
The new lease is over 5,300 square metres of vacant data centre space.
Singapore ranks 8th in Digital Cities Index 2022
It’s amongst the four Asia Pacific cities which entered the top 10.
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