<div class=newsTextDataWrapInner>SINGAPORE (Jan 6): Following Lazada's shock retrenchment exercise at its Singapore office this week, the Ministry of Manpower&nbsp;said it facilitated discussions between Lazada Singapore and the Food, Drinks and Allied Workers Union (FDAWU) on Friday.</div>

<div class=newsTextDataWrapInner>In a statement to&nbsp;The Edge Singapore on Saturday, the ministry said it “saw good progress” in the talks, without disclosing details. It said it is working to ensure that the restructuring exercise is held in a “fair and responsible manner”.&nbsp;</div>

<div class=newsTextDataWrapInner>This includes offering affected employees “adequate support and appropriate retrenchment benefits in line with industry standards”, the statement noted<a href="https://www.theedgesingapore.com/news/digital-economy/mom-notes-good-progress-jan-5-talks-between-lazada-singapore-and-union" target="_blank">...(click here for the full story on theedgesingapore.com).</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

Following Lazada's shock retrenchment exercise at its Singapore office this week, the Ministry of Manpower said it facilitated discussions between Lazada Singapore and the Food, Drinks and Allied Workers Union (FDAWU) on Friday.

'Good progress' in talks between Lazada Singapore and union — Ministry of Manpower

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the Financial Times reported on Sunday.

TotalEnergies considers foray into copper trading — report

More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

Singapore ends 181 years of horse racing to make way for homes

Vietnam reported its strongest economic growth in two years in the quarter to end-September, as strong exports and industrial production and rising foreign investment offset the effects last month of Asia's strongest typhoon so far this year.

Vietnam quarterly growth hits two-year high on exports, investment

The development of stronger cyber security infrastructure as well as tax relief incentives for companies that invest in digital infrastructure are among aspects that the government is expected to focus on in Budget 2025.

Infrastructure development, tax relief needed to boost cyber security — experts 

Malaysia should prioritise investments in agricultural technology (agritech) in Budget 2025 to attract diverse investors, particularly family offices, said an economist.

Priotitise agritech investments under Budget 2025 to draw high-net-worth investors — economist

Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.

Italy's Eni in talks with Japan on supplying LNG, executive says

Republican nominee Donald Trump rallied supporters at the site of a July assassination attempt, returning to the Pennsylvania venue where a gunman’s bullet bloodied his ear and upended the presidential campaign.

Trump rallies with Elon Musk at site of assassination attempt

US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus toward shielding the labour market.

US inflation is set to reassure a labour market-focused Fed

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the Middle East conflict.

Saudi Arabia raises Asia oil price as volatility grips market

Massive consecutive strikes hit Beirut's southern suburbs early on Sunday, Reuters eyewitnesses said, sending booms across the Lebanese capital and sparking flashes of red and white for nearly 30 minutes visible from several kilometres away.

Heavy strikes shake Beirut as Israel expands Lebanon campaign

The October 7 issue of City &amp; Country features an interview with the sibling duo spearheading the management of Titijaya Land Bhd.

Adapting to the dynamic landscape of the real estate industry

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the Middle East conflict.

Republican nominee Donald Trump rallied supporters at the site of a July assassination attempt, returning to the Pennsylvania venue where a gunman’s bullet bloodied his ear and upended the presidential campaign.

Massive consecutive strikes hit Beirut's southern suburbs early on Sunday, Reuters eyewitnesses said, sending booms across the Lebanese capital and sparking flashes of red and white for nearly 30 minutes visible from several kilometres away.

More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

Many ingredients are vital for one to go far in F&amp;B. Being accountable and responsible are two, says Upper Palace Dining Group founder Datuk Henry Yip, who learnt that the hard way.

Tastes and tribulations

The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe.

VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU