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Posted on 12/12/2024

Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO

REBEL Foods, a startup that specialises in online-only restaurants, unveiled a US$210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Read more ...

Posted on 12/12/2024

Back as Singapore’s No. 1, Izwan Mahbud plays his part in important opening win at ASEAN Championship

Izwan Mahbud knows what it is like to be Singapore's No. 1, in an ASEAN Championship-winning side no less. He just hasn't been that for a while. But after the abrupt international retirement of Hassan ...

Posted on 12/12/2024

Indonesia to build oil storage facility near Singapore

The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic ...

Posted on 12/12/2024

Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%

Positive inflation data in the United States boosted Wall Street overnight and gave local investors the incentive to head back into the market, although the regional response was mixed. The very real ...

Posted on 12/12/2024

OCBC sets up teams to help regional SMEs make foray into Johor-Singapore SEZ

JOHOR BAHRU] OCBC has launched dedicated teams in Singapore and Malaysia to support small and medium-sized enterprises (SMEs) looking to set up operations within the upcoming Johor-Singapore Special ...

Posted on 12/12/2024

Singapore port authority seeks proposals on scaling up LNG bunker supply

The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refuelling, it said ...

Posted on 12/12/2024

Temasek’s ST Telemedia says financial instruments included in sale of ‘majority stake’ in U Mobile

In a statement on Dec 11, ST Telemedia said it has provided funding to U Mobile from time to time in the form of “certain financial instruments” and they will form part of the sale. ST Telemedia owns ...

Posted on 12/12/2024

Singapore faces higher ai-driven security risks as a global AI leader: NetApp

As an AI-leading country, Singapore faces a higher incidence of AI-driven security challenges compared to AI-lagging nations. In a report, NetApp said data privacy and security concerns have remained ...

Posted on 12/12/2024

IPO-bound Rebel Foods raises $210 million in funding round led by Temasek

Other participants included existing investor Evolvence. The Series G round which was a mix of primary and secondary share sales also facilitated exits for certain investors, the company said ...

Posted on 12/12/2024

Singapore stocks fell as trading began on Thursday—STI slipped 0.1%

SINGAPORE: Singapore stocks fell as trading began on Thursday (Dec 12), weighed down by declines in major bank shares after mild US inflation data raised hopes for an interest rate cut this month. The ...

Posted on 12/12/2024

Crypto.com taps DB for corporate banking skills

Singapore-based cryptocurrency exchange company Crypto.com has tapped German lender Deutsche Bank (DB) to provide its corporate banking services for Crypto.com in Singapore, Australia and Hong Kong.

Posted on 12/12/2024

Singapore Mansion Deals Are Increasingly Shrouded in Secrecy

Deals for Singapore's highly exclusive mansions are on the rise, but the country's ultra-rich are increasingly seeking to keep their multimillion purchases private.

Posted on 12/12/2024

Temasek Firm’s Deal Values Malaysia 5G Winner at $1.7 Billion

A Temasek Holdings Pte firm’s stake sale agreement values U Mobile Sdn. at about 7.5 billion ringgit ($1.7 billion), according to people familiar with the matter, after the Malaysian phone company won ...

Posted on 12/12/2024

Exclusive-Shein IPO: UK regulator decision slowed by NGO challenge, sources say

Britain's financial regulator is taking longer than usual to approve fast-fashion retailer Shein's IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy ...

Posted on 12/12/2024

Temasek leads $282m fundraising round for India start-up Rebel Foods ahead of planned IPO

BENGALURU – Rebel Foods, a start-up that specialises in online-only restaurants, unveiled a US$210 million (S$282 million) funding round, ahead of an initial public offering (IPO) the company is ...

Posted on 12/12/2024

Rebel Foods raises $210 million funding ahead of planned 2026 IPO

Rebel Foods was founded by McKinsey & Co. alumnus Jaydeep Barman with the goal of building a range of online-only brands ...

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