DBS Group Holdings Ltd is set to join UBS Group AG and other global banks giving up office space in pricey Hong Kong with so many employees still working from home. ( read original story ...)
TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public ... ( read original story ...)
ByteDance Hires Xiaomi Executive as CFO While It Weighs IPO
ByteDance Ltd. hired Xiaomi Corp.’s Chew Shou Zi as its chief financial officer, fueling speculation over the social media giant’s plans to go public. ( read original story ...)
ByteDance hires Xiaomi executive as CFO in a step towards IPO
Chew posted on his personal social media account that he will be based in Singapore for the new job. Chew got to know ByteDance when he was working for private equity company DST, an early investor at ... ( read original story ...)
Deliveroo seeks a valuation of $12 billion for its maiden IPO
It operates in over two hundred locations across the United Kingdom, the Netherlands, France, Belgium, Ireland, Spain, Italy, Australia, New Zealand, Singapore, Hong Kong, the United Arab Emirates and ... ( read original story ...)
Nestle signs pilot deal with co-working firm IWG allowing 10,000 employees in China to work remotely, while DBS surrenders Hong Kong office space in nod to Covid-19
Nestle and DBS are joining the ranks of organisations adapting to the coronavirus pandemic by switching to new work arrangements. While Nestle, the world's largest food company, will allow all of its ... ( read original story ...)
Malaysia second most favourable country for foreign investment in Southeast Asia — Standard Chartered
European and US companies have ranked Malaysia as the second most favourable Southeast Asian country for opportunities to establish or expand their sourcing, selling or operations over the next six to ... ( read original story ...)
Manulife US Reit snags US$250m sustainability-linked loan from DBS, OCBC
Manulife US Real Estate Investment Trust (Manulife US Reit) has obtained a five-year US$250 million (S$336.4 million) unsecured sustainability-linked loan from DBS and OCBC.. Read more at straitstimes ... ( read original story ...)
DBS joins global banks surrendering Hong Kong office space
DBS Group Holdings Ltd. is set to join UBS Group AG and other global banks giving up office space in pricey Hong Kong with so many staff still working from home. ( read original story ...)
Singapore joins Wall Street in planning for post-COVID-19 office life for banks
LESS-CROWDED trading floors, facial recognition systems and split work areas could all become routine for bankers in Singapore as the Southeast Asian financial hub readies for office life in a ... ( read original story ...)
Frontier to Raise Up to $315 Million in Year’s 2nd Airline IPO
Frontier Group Holdings Inc. plans to price its initial public offering at $19 to $21 a share, raising as much as $315 million as it aims to take advantage of an expected recovery in airline ... ( read original story ...)
Singapore: MAS forecast to keep monetary conditions unchanged – UOB
“The Monetary Authority of Singapore (MAS) will likely hold its monetary policy meeting in the period between 8 and 14 April 2021.” “While we recognise Singapore’s upside growth potential and the ... ( read original story ...)
DBS points to digital economy, EVs, infrastructure as 2021 growth drivers for Indonesia
JAKARTA (The Jakarta Post/ANN): The digital economy, electric vehicles (EVs) and infrastructure are this year’s prominent sectors according to an economist at Singapore’s DBS Bank, who has made the ... ( read original story ...)
Singaporean bankers, traders planning for return to office
The city-state has taken a cautious approach to returning staff to offices even as infection rates remain low. ( read original story ...)
Laxmi Organic IPO share allotment today: Here’s how to check status online
After successfully raising Rs 600 crore from initial public offering (IPO), all eyes are on the share allocation in Laxmi Organic Industries. Laxmi Organic IPO share allotment will be finalised today, ... ( read original story ...)
Karooooo Ltd. (KARO) to Raise $190 Million in IPO
Karooooo Ltd. (KARO) plans to raise $190 million in an initial public offering on Wednesday, March 31st, IPO Scoop reports. The company plans to issue 4,000,000 shares at a price of $47.52 per share. ( read original story ...)