Go-Jek says to enter Vietnam, Thailand, Singapore, Philippines

SINGAPORE (Reuters) - Indonesian ride-hailing firm Go-Jek said on Thursday it will enter Vietnam, Thailand, Singapore and the Philippines within the next few months and invest $500 million in its international expansion strategy. The move into the four ... ( read original story ...)

Singapore Property Firm Switches Bets from China to Europe

Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group Ltd. is banking on continental Europe to fuel earnings growth. “We expect growth predominantly to come from Europe, but will ... ( read original story ...)

Fallen Singapore High-Flyer Starts Debt Restructure Process

a Singapore-based credit analyst at Oversea-Chinese Banking Corp. “We expect such investors to take a hit as their securities are subordinated.” Bloomberg News earlier reported that the group was planning to seek court protection to fend off creditors. ( read original story ...)

Soft Start Seen For Singapore Stock Market

The Singapore stock market has alternated between positive and negative finished through the last four trading days since the end of the three-day slide in which it had fallen nearly 40 points or 1.1 percent. The Straits Times Index now rests just beneath ... ( read original story ...)

Israeli Bourse Aims at Tech Startups With Singapore Connection

(Bloomberg) -- Israel’s flagship bourse is partnering with Singapore Exchange Ltd. in a bid to keep the momentum going from last year’s IPO surge. Load Error The Tel Aviv Stock Exchange, which saw a rebound in initial public offerings and trading ... ( read original story ...)

Fingerprint-based payments provider Touche inks deal with OCBC

SINGAPORE: Merchants with OCBC Bank could soon have the option of offering a fingerprint-based payments and loyalty programme system to its customers. On Wednesday (May 23), Singapore-based start-up Touche announced it has signed an agreement with the bank ... ( read original story ...)

Mobile payment firms struggle to dethrone cash in Southeast Asia

And the mobile payment marketplace in Southeast Asia remains wide open, with no dominant players. Indonesia’s ride-hailing firm Go-Jek’s Go-Pay, Singapore-based Grab’s GrabPay, Japan’s messaging app Line’s Line Pay, Momo e-wallet owner M_Service ... ( read original story ...)