We can’t live without food delivery services like Foodpanda, Deliveroo, and GrabFood these days, especially when we’re too busy working from home or are just too lazy to cook. ( read original story ...)
Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist
That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a ... ( read original story ...)
Singapore Stock Market May Stop The Bleeding On Thursday
Volume was 1.46 billion shares worth 1.21 billion Singapore dollars. Among the actives, the bottom fell out for SembCorp Industries, which plummeted 38.74 percent - while Venture Corporation surged 3. ( read original story ...)
Asian stock markets gain following tech bounce, euro waits for ECB
Asia's stock markets snapped their longest losing streak since February on Thursday and rose following a bounce on Wall Street, though subdued trade in currency, commodity and bond markets suggested ... ( read original story ...)
Atlantis Tech is Leading the Fintech Charge to Empower SME Lending Amid Pandemic
In light of reshaping the way SMEs engage with the finance sector, Mr. Gaurav Sharma, a fintech veteran with over two decades of experience across Asia in finance and technology at leading global ... ( read original story ...)
Carlyle readies IPO of Brazil’s Madero, Tok&Stok -sources
Carlyle Group Inc is preparing initial public offerings for two of its key Brazilian portfolio companies, restaurant chain Madero and furniture chain Tok&Stok, two sources familiar with the matter ... ( read original story ...)
JPMorgan PE fund-backed Happiest Minds gets bumper response to IPO
Happiest Minds Technologies Ltd, which is backed by private equity fund JPMorgan CMDB II, received an astounding response to its ... ( read original story ...)
Temasek’s private investments rise to record, flags cautious environment
Singapore state investor Temasek Holdings flagged an uncertain outlook for global economic recovery and a challenging environment for long term investors even as it reported record high private ... ( read original story ...)
Lipsticks out, lotions in: Beauty industry set for facelift and comeback, says DBS
Prepare for a surge in online beauty shoppers and skincare-mask fanatics. While the ubiquity of surgical masks and the work-from-home (WFH) trend are unlikely to spell the end for make-up, more ... ( read original story ...)
SingSaver Exclusive Promotion: Score a Free Dyson Purifying Fan (Worth $499)!
A literal breath of fresh (and purified) air for your WFH set-up. Trying to beat Singapore’s heat and humidity can be an uphill task, more so if you live near roads where dust and pollutants are in ... ( read original story ...)
Singapore stock watch: UOB, Keppel, Sembcorp, CapitaLand Mall Trust, UG Healthcare
The following companies saw new developments that may affect trading of their securities on Wednesday (Sept 9):. Read more at straitstimes.com. ( read original story ...)
Asia’s boom in virtual fitness may lack endurance
In March, when Bali's Odyssey MVMT yoga and fitness group temporarily closed its yoga studio, I began attending online classes via the company's website. As lockdowns and social distancing spread I ... ( read original story ...)
CapitaLand Mall Trust secures its first sustainability-linked loan
This is CMT’s first sustainability-linked loan, of which proceeds will be used for general corporate purposes. UOB also acted as the sustainability agent and coordinator for this transaction. A ... ( read original story ...)
Happiest Minds IPO Subscribed More Than 8 Times On Day 2
The reserved retail investor category was subscribed 38.85 times, non-institutional investors' category attracted subscription of 3.96 times and the qualified institutional investors segment saw ... ( read original story ...)
Happiest Minds’ IPO subscribed 8.4 times on Day 2, fuelled by retail bids
The initial public offering of software services company Happiest Minds Technologies Ltd was subscribed 8.4 times at the end of ... ( read original story ...)
Singapore: GDP points to a 6.0% contraction in 2020 – UOB
Barnabas Gan, Economist at UOB Group, reviewed the GDP prospects for Singapore for the current year. Key Quotes “In the latest MAS Survey of Professional Forecasters, respondent ... ( read original story ...)