On 26 April 2021, commemorating World IP Day, Singapore unveiled another 2030 goal – the S ingapore IP Strategy 2030 (SIPS 2030). In a global economy driven by innovation and powered by intangible ... ( read original story ...)
Microsoft-backed Bukalapak plans Indonesia IPO by August
Last month, Bukalapak raised US$ 234 million in a round of funding led by US tech titan Microsoft, Singapore’s sovereign wealth fund ... Bukalapak joins the IPO rush in Asia, where companies have ... ( read original story ...)
Commercial banks aid rollout of new framework for green trade finance transactions in Singapore
An industry-led taskforce has introduced a new framework for green trade finance and working capital transactions in Singapore, though participating banks admit that the initiative is still in its ... ( read original story ...)
Singapore: Outlook for Industrial Production remains firm – UOB
Singapore’s industrial production expanded 2.1% y/y (+1.0% m/m sa) in April 2021, in line with our call for a 2.3% y/y growth (+2.3% m/m sa). Excluding biomedical manufacturing, industrial production ... ( read original story ...)
Robinsons realty firm plans P26.7B IPO for its REIT
Gokongwei-led Robinsons Land Corp. (RLC) plans to raise as much as P26.7 billion from the initial public offering of a real estate investment trust (REIT) that it will ... ( read original story ...)
Indonesia’s e-commerce unicorn Bukalapak files for domestic IPO
Bukalapak is understood to be the only major local tech firm to have submitted a proposal to the local stock exchange. ( read original story ...)
Robinsons REIT sets P26.6-B IPO in end-August
RL Commercial REIT Inc., the real estate investment trust company backed by Robinsons Land Corp., has set its P26.6-billion initial public offering (IPO) in August. ( read original story ...)
Bubble tea shop at Holland Village, Workforce Singapore career centre visited by COVID-19 cases during infectious period
SINGAPORE: The Tiger Sugar bubble tea shop at Holland Piazza was on Tuesday (May 25) added to a list of public places visited by COVID-19 ... ( read original story ...)
Singapore’s 8i Capital files to raise $50m for second Asia-focused SPAC
Capital, a Singapore-based firm that focuses on investments and M&As, has filed to raise up to $50 million in an IPO for its second SPAC. ( read original story ...)
How Singapore’s Digital Wallets Fared During the Pandemic
Digital wallets in Singapore have enjoyed a bumper year. With lockdowns catalysing the growth of online shopping, the local e-commerce market reached US$7 billion in 2020. And gro ... ( read original story ...)
GlobalFoundries Taps Morgan Stanley for Jumbo IPO
GlobalFoundries is working with Morgan Stanley on an initial public offering that could value the chipmaker at about $30 billion, according to a person familiar with the matter. ( read original story ...)
Monde Nissin finishes offer period for IPO
Monde Nissin Corp. on Wednesday said it has completed the offering period for its proposed initial public offering (IPO) and saw oversubscriptions.In a statement, the food ... ( read original story ...)
DBS Bank CEO: We Have Twice as Many Engineers as Bankers
Banks and financial regulator should facilitate the tokenization of the financial system, DBS' Piyush Gupta said during Consensus 2021. ( read original story ...)
Stock Market Analysis Today – Singapore Stock Market May Spin Its Wheels On Monday
The Singapore stock market has moved higher in back-to-back sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,115-point plateau ... ( read original story ...)
Bitcoin shock waves can rattle stock market, study finds — ‘no longer fringe asset’
Big moves by bitcoin bleed over to the stock market, making the asset difficult for equity investors to ignore, according to a study by Singapore-based ... ( read original story ...)
Delay provided perfect timing for Procore’s $635M IPO
Stalled by the pandemic, the construction management software firm’s recent initial public offering positions it to take advantage of several positive market factors this year. ( read original story ...)