Indonesia’s biggest tech firm GoTo Group has appointed underwriters to manage a $1 billion initial public offering which could take place as early as the first quarter of next year, Bloomberg reported ... ( read original story ...)
Sea to help Indonesian gov’t bank enter digibank space
The bank targeted for the acquisition by the BNI and Sea Group consortium is still unconfirmed, but some reports say that it will be Bank Mayora. ( read original story ...)
Ten arrested in first of a kind joint Singapore and HK swoop on financial scammers
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. ( read original story ...)
Singapore’s $744 Billion Fund Eyes Chinese Property Assets
Singapore’s $744 billion sovereign wealth fund sees potential opportunities to do deals and buy debt in China’s battered real estate sector, confident Beijing won’t let things “spiral out of control” ... ( read original story ...)
Banned Singapore publication, The Online Citizen, loses court bid to restore website
Former Singapore news and comment publication The Online Citizen on Thursday (Dec 16) lost its legal bid to have its website and social media pages restored after they were taken down earlier in the ... ( read original story ...)
Mediacorp remains top radio network in Singapore, reaching 88% of adult listeners weekly
SINGAPORE: Mediacorp remains the top radio network in Singapore, with a reach of 3.7 million people weekly, the company said in a media release on Friday (Dec 17). According to the latest Nielsen ... ( read original story ...)
Singapore to continue adopting underdogs mentality ahead of AFF Suzuki Cup semis
Although Singapore are through to the AFF Suzuki Cup 2020 semifinals, coach Tatsuma Yoshida insists they remain underdogs for the title. ( read original story ...)
Binance Among Firms Stymied by Singapore Money-Laundering Rules
Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money laundering and ... ( read original story ...)
MLBB M3 World Championship welcomes live audience in Singapore
Bang Bang M3 World Championship here has finally opened its doors to a live audience. While the prestigious tournament opened without any fans in attendance, the M3 will allow spectators to watch the ... ( read original story ...)
Singapore crypto startup raises US$75 mil to fund expansion
SINGAPORE: Blockchain data analytics startup Nansen on Thursday raised US$75 million in a Series B funding round led by US venture capital company Accel. Other prominent investors that participated ... ( read original story ...)
Residential market can ‘seek shelter’ with CapitaLand amidst property cooling measures: OCBC
One of the main revisions is the uplift in Additional Buyer's Stamp Duty rates. Singapore's Ministry of National Development (MND) announced a new round of property cooling measures. One of the main ... ( read original story ...)
Singapore property stocks fall amid new cooling measures
The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively. ( read original story ...)
Emulate Singapore in migrant-employer disputes, says lawyer
The Bar Council has recommended that the government emulate Singapore in labour disputes involving migrant workers, where they may be allowed to switch employers under certain conditions. The Bar ... ( read original story ...)
IPO screener: HP Adhesives issue closes today; subscribed over 8 times
Today is the last day to subscribe to the initial public offering (IPO) of HP Adhesives. The ₹126-crore HP Adhesives IPO, which opened for subscription on Wednesday, was subscribed 8.04 times so far, ... ( read original story ...)
Flipkart IPO may reportedly happen overseas in November next year
Flipkart wants to do the IPO before March 2023, CEO Kalyan Krishnamurthy reportedly said. Scaling the grocery business would be a critical part of the journey ... ( read original story ...)
Singapore Property Cooling Measures 2021: What the Higher ABSD, Tighter TDSR, and Lower LTV Means For You
The latest Singapore property cooling measures in December 2021 see higher Additional Buyer's Stamp Duty (ABSD) rates, a tighter Total Debt Servicing Ratio (TDSR) threshold and lower Loan-to-Value ... ( read original story ...)