What Happened: The tech giant now owns 1.6% of Tokopedia, valued at $1.1 million (16.7 billion rupiah) Singapore’s government investment company Temasek also invested in Tokopedia. Temasek now has a 3 ... ( read original story ...)
DoorDash IPO bets that the pandemic has accelerated change
DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Will they stay as life returns to normal after the vaccine? What will be "normal," anyway? ( read original story ...)
Singapore property solutions firm rolls out tech platform in Philippines
When Ohmyhome, Singapore’s market leader in property solutions platforms, expanded into the Philippines in September, it saw that the demand for residential properties remained strong amid the ... ( read original story ...)
Inside the new world’s longest flight: What it’s like to fly on Singapore Airlines’ new route between Singapore and New York
Singapore Airlines launched the new route on Monday, beating out its famed Singapore-Newark route as the world's longest by just two nautical miles. ( read original story ...)
Singapore’s Hyflux Supports U.S. Firm’s Restructuring Proposal
(Bloomberg) -- Hyflux Ltd., in its third year of a debt-restructuring process, supports a plan proposed by Strategic Growth Investments LLC to acquire and privatize the Singapore-based water-treatment ... ( read original story ...)
How Singapore’s corporate darling Hyflux and founder Olivia Lum fell from grace
By then, it already had a global presence and employed more than 2,500 people. In 2016, it entered the power business with Singapore's second and largest seawater desalination project, which also had ... ( read original story ...)
Inside Singapore’s first ‘cruise to nowhere,’ where vacation-starved guests took turns using the pool and carried contact tracing devices everywhere they went
Dream Cruises just had its first "cruise to nowhere," a voyage that started and ended in Singapore, with no stops in between.It was the first cruise ship voyage in the country since the no-sail order ... ( read original story ...)
Zomato raises $195 million funding from 6 investors ahead of IPO launch in 2021
The investment is the latest in a slew of funding for Zomato in recent months.In September, the company raised $160 million from US hedge fund Tiger Global Management LLC and a unit of Singapore's Tem ... ( read original story ...)
The VC and founder winners of DoorDash’s IPO
The three VC firms with the largest holdings noted in the filing were the SoftBank Vision Fund, Sequoia and Singapore’s GIC investment fund, listed here as Greenview (no relation to the cannabis ... ( read original story ...)
APAC Commercial Property Deals Dive 38% in Q3 as Singapore, HK Go Quiet
Asia Pacific commercial property transactions fell to $26 billion in the third quarter as they tumbled 38 percent year-on-year. ( read original story ...)
DBS rolls out branch transformation project
DBS announced today it is scaling up the transformation of its branches across Singapore as customers seek quicker, socially-distanced, and more personalised branch banking services, and shift their ... ( read original story ...)
Infrastructure investments can create jobs and boost Singapore economy, says Indranee Rajah
Governments that are looking to borrow should take advantage of the current low interest rate environment, she said during a panel discussion.. Read more at straitstimes.com. ( read original story ...)
Singapore Can Forget About Other Air Travel Bubbles If It Messes Up Its Covid-19 Response, Says Tourism Chief
It is “crucial” for Singapore be in the right position before loosening coronavirus measures further, said Keith Tan of the Singapore Tourism Board. ( read original story ...)
11 Deals On Classes & Activity Kits So Your Kids Will Never Be Bored This School Holiday
Classes & activities for kids with DBS/POSB Card discounts The December school holidays are just around the corner, much to the glee and anticipation of kids. But with travel plans still on the ... ( read original story ...)
Thailand’s 20-minute lender disrupts kingdom’s financial industry
BANGKOK -- A Thai megabank's AI-powered subsidiary is out to promote financial inclusion now that it has successfully ridden high on the strongest headwind many industries have faced in more than a ... ( read original story ...)
UOB puts mental well-being at the heart of its new approach to work post COVID-19
UOB today announced that it is giving the majority of its 26,000-strong workforce the choice to work remotely two days a week once COVID-19 restrictions are lifted. Underlying the change is the Bank's ... ( read original story ...)