News
Chart of the day: Manufacturing momentum slows in May
Cooling global trade demand and higher supply costs are the cause of the slowdown.
Market update: STI up 0.88%
Genting Singapore tops the index.
Brighter days ahead: Pulau Ubin microgrid to be upgraded
It will feature a testbed which can meet 90% of the main village’s daily electricity demand.
SGX-listed Halcyon Agri secures $415m green-linked loan
The loan will support a natural rubber processing business.
Singapore backs Revised Kyoto Convention to standardise int'l trades
It is the flagship convention on the Customs process and trade facilitation.
ST Hospitality investigation: URA summons Katrina CEO for questioning
Katrina is the parent company of ST Hospitality.
Frasers Logistics acquires property in the UK for $171.7m
The property has a total lettable area of 667,185 square feet.
Chart of the day: Electronics top manufacturing cluster growth at 33.6%
Chemicals and biomedical manufacturing saw slight dip this May.
MAS likely to tighten monetary policy anew in October after record-high inflation in May: analysts
Experts expert MAS to steepen the S$NEER gradient to 2%.
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.
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
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