Staff Reporter

Market update: STI up 0.69%

MapleTree Logistics Trust is highest gainer.

DPM Heng cites ‘three double helices’ as tailwinds of global FinTech

Swiss-Singapore collaboration is amongst the double helixes.

Foreign workforce revival to help manufacturing but risks remain

The reopening of borders will help sustain the overall manufacturing momentum.

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.

Total IT Global recognised for its innovative approach at the Malaysia International Business Awards

The leading, integrated IT solutions provider invested in a proprietary tool to create seamless workflows, resulting in high-impact outcomes and future benefits for clients.

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.

Cautious Northeast Asia travel rules ground Singapore aviation sector

China, Japan, and Taiwan still have strict health policies.