Carousell, the Singapore-based mobile listing service that operates across Southeast Asia, has pulled in an $85 million Series C fund as it seeks to strengthen its business among the region’s competitive e-commerce landscape before expanding globally. ( read original story ...)
MySQUAR set to launch mobile money platform this year after signing two key agreements
is on track to launch a mobile money platform later this year after signing a couple of key agreements. MySQUAR has inked two separate deals: one with Uber Remit which will allow users to send money securely between Singapore and Myanmar; and another with ... ( read original story ...)
Deutsche Bank CEO Vows to Stay Strong in Asia Amid Overhaul
Deutsche Bank AG’s new chief executive officer pledged to keep the ... continue to be strong in Asia," CEO Christian Sewing said Monday at an investor forum in Singapore on his first visit to the region since taking the job last month. ( read original story ...)
DBS : invests in mobile and online classifieds marketplace Carousell
As a strategic partner to Carousell, we can leverage on Carousell's platforms to connect to its community both inside and outside of Singapore, and strengthen our next-generation proposition jointly with Carousell.' 'We're thrilled to add DBS as an ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 percent: Reuters poll
KUALA LUMPUR (Reuters) - Singapore’s non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April from a ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 pct y/y
KUALA LUMPUR, May 14 (Reuters) - Singapore's non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April ... ( read original story ...)
Papua New Guinea’s Kutubu Light crude oil exports to resume in spot trade – sources
SINGAPORE, May 14 (Reuters ... the source added. ExxonMobil Corp will export one of two Kutubu Light cargoes for loading over July 1 to 5 and Australia’s Oil Search Ltd will export a cargo to load over July 17 to 21, two of the sources said. ( read original story ...)
Little Movement Expected For Singapore Bourse
The Singapore stock market bounced higher again on Friday, one session after it had halted the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,570-point plateau and it's ... ( read original story ...)
The Leader Who Wanted a `Crooked Bridge’ With Singapore Is Back
“Singapore will have to adapt to new personalities in Malaysia ... strengthen and deepen the bilateral relationship,” Lee said. Mahathir’s pick for finance minister, Lim Guan Eng, said at a weekend briefing the government wanted to review all ... ( read original story ...)
Singapore, Brunei ink pacts to boost cooperation in finance
BANDAR SERI BEGAWAN - Financial cooperation between Singapore and Brunei received a boost on Saturday (May 12) with the signing of two new agreements. The signings of the agreements - a memorandum of understanding (MOU) to exchange information related to ... ( read original story ...)
Mahathir Picks Lim as Finance Minister, Returns Zeti to Council
Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board ... the high-speed rail to connect the capital Kuala Lumpur with Singapore. “We want to review all contracts that are not in favor or do not ... ( read original story ...)
Malaysia’s new finance minister has a ‘stellar’ economic record in Penang
As finance minister, Lim will be expected to oversee the new ... so that the government can still maintain fiscal discipline," said Hasan Jafri, who heads Singapore-based business consultancy HJ Advisory. But he added: "He will have to work quickly to ... ( read original story ...)
Q&A: Former finance minister Kevin Falcon explains B.C. Liberal role in housing crisis
Kevin Falcon played a key role in the Liberal cabinet as B.C.'s finance minister. After his resignation ... I kept raising in the different markets I was in, particularly in Singapore, Hong Kong and China, was trying to get an understanding of what ... ( read original story ...)
Ex-Genting Singapore V-P admits to insider trading
Genting Singapore's former vice-president of finance, Ms Kunye Tagi, has admitted to insider trading and has paid the Monetary Authority of Singapore (MAS) a civil penalty of $50,000 without court action. This follows a joint investigation by the ... ( read original story ...)
Energy storage’s day in the Singapore sun
“The Singapore government focuses on the ecosystem approach so we have the perfect finance base and a knowledge base such as Nanyang Technological University.” He adds that the transition for new technologies from test bed to real-world application is ... ( read original story ...)
A tech startup’s guide to Singapore
Here are some investors startups can look forward to meeting in Singapore: B Capital: Co-founded by Facebook’s Eduardo Saverin, the firm invests in startups along tech-reliant verticals like healthcare, transportation, finance, and consumer enablement. ( read original story ...)