even before the coronavirus pandemic hurt its mainstay ridehailing business. It raised about $850 million in February from Mitsubishi UFJ Financial Group Inc and other investors for expanding its ... ( read original story ...)
Grab expands finance business with consumer loans services, wealth management
Grab, Southeast Asia's biggest ridehailing firm, deepened its finance sector push on Tuesday by announcing that it will offer consumer loans services in Singapore and roll-out wealth management ... ( read original story ...)
Singapore’s Grab Rolls Out Micro-Investments, Consumer Loans to Users
Grab Holdings Inc. is stepping up its range of financial service offerings with a slew of new products aimed at consumers who already use its ride-hailing and food delivery app. ( read original story ...)
China only fulfils 5% of Sino-U.S. energy trade deal in first half of 2020
China bought only 5% of the targeted $25.3 billion in energy products from the United States in the first half of 2020, falling well short of its trade deal commitments at a time when relations ... ( read original story ...)
Singapore, US agree on importance of COVID-19 vaccines being made available globally: MFA
They also talked about the possibility of leveraging on the strong US commercial presence in Singapore, including in pharmaceuticals. “Both sides welcome the new areas of bilateral cooperation in ... ( read original story ...)
Govt looks to raise barriers on imports from Asia to curb Chinese products
The moves will mainly target imports of base metals, electronic components for laptops ... The moves are expected to primarily hurt Malaysia, Thailand, Vietnam and Singapore - members of the ... ( read original story ...)
With eye on China, India looks to increase barriers on imports from South-east Asia
New Delhi is considering measures to prevent trade partners mainly in South-east Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties ... ( read original story ...)
Sats, CapitaLand Reits top Singapore-listed companies in governance and transparency as standards reach new high
SINGAPORE - The corporate governance standard of Singapore-listed companies reached a new high this year despite challenges posed by the Covid-19 pandemic, with Sats and three CapitaLand Reits topping ... ( read original story ...)
Singapore stock watch: CapitaLand, Keppel, SGX, Frasers Logistics & Commercial Trust, AEM
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 4):. Read more at straitstimes.com. ( read original story ...)
Amazon Singapore Shines a Spotlight on Local Retailers this National Day
Singaporean founder Chen Yan started her career with her family's bedding and household goods business but soon left to study Design in Arts in the UK before moving to Singapore in 2004. In 2019, Yan ... ( read original story ...)
Singapore Shares Poised To Snap Losing Streak
The Singapore stock market has moved lower in three straight sessions, sinking almost 100 points or 4 percent along the way. The ... ( read original story ...)
Singapore’s EDBI Makes Strategic Investment in Vesta as Company Makes a Concerted Push Into the Asia Pacific Region
Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured a strategic investment from EDBI, a global Asian-based investor. This investment, along with a ... ( read original story ...)
With eye on China, India looks to increase barriers on imports from Asia
New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties ... ( read original story ...)
Singapore factory activity expands slightly in July after 5 months of contraction
Singapore’s factory activity expanded slightly in July after five months of contractions. The Purchasing Managers’ Index (PMI) for ... ( read original story ...)
Singapore’s factory activity gauge jumps back into expansion territory
Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump.. Read more at straitstimes.com. ( read original story ...)
StanChart gets to double footprint in Singapore as first significantly rooted foreign bank; MAS enhances scheme
SINGAPORE - The Monetary Authority of Singapore (MAS) on Monday (Aug 3) named Standard Chartered Bank (Singapore) the first Significantly Rooted Foreign Bank (SRFB) here, allowing it to operate up to ... ( read original story ...)