Southeast Asian super app Grab, which is en route to an initial public offering of US$2 billion, reported a 39% year-on-year growth in adjusted net sales to an all-time high of US$507 million in the ... ( read original story ...)
Adani Wilmar IPO: FMCG Giant And Fortune Oil-maker Files Papers For Rs 4,500 Crore IPO
Adani Wilmar has filed its DRHP (draft red herring prospectus) with Sebi for around Rs 4,500 crore Initial Public Offering. ( read original story ...)
$500M Growth Fund for Early-Stage Startups Launched by DBS and Temasek for China, India, SE Asia
Singapore-based DBS Bank Ltd (SGX:D05), a multinational banking and financial services corporation with over $330 billion in assets, and Temasek have entered into an agreement to introduce a $500 ... ( read original story ...)
Singapore’s largest bank picks 3 airlines to buy — one with ‘the cheapest recovery play’
Southeast Asia's largest lender DBS expects international travel to restart gradually toward the end of 2021 and named its top airlines in Asia. ( read original story ...)
Commentary: Push for global corporate tax deal can make Singapore a more compelling investment hub
With BEPS 2.0 minimising tax competition, Singapore can focus investors on its enduring economic fundamentals and retune its tax system, says EY’s ... ( read original story ...)
Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform
LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of ... ( read original story ...)
Singapore crypto firm Matrixport banks $100m to reach unicorn status
Matrixport, the crypto finance venture led by Bitmain’s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation ... ( read original story ...)
Singapore’s Wilmar International targets $605m IPO for its Indian JV Adani Wilmar
Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to Rs 45,000 million ($605 ... ( read original story ...)
Singapore’s Wilmar International targets $605 mn Indian IPO for Adani Wilmar
Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India ... ( read original story ...)
Independent Reserve Receives Approval in Principle to Operate in Singapore
The digital currency exchange said the approval relates to becoming a regulated provider for digital payment token services. ( read original story ...)
Report: Maybank Singapore sues NFC chairman, children for defaulting on housing loans worth RM7.9m
National Feedlot Corp Sdn Bhd (NFC) chairman Datuk Seri Mohamad Salleh Ismail and his two children have been sued by Maybank Singapore Ltd, for defaulting on two housing loan facilities for properties ... ( read original story ...)
Lion-OCBC Securities China Leaders ETF begins trading amid positive analyst outlook
SINGAPORE - The Lion-OCBC Securities China Leaders exchange-traded fund (ETF) began trading on the Singapore Exchange (SGX) on Monday (Aug 2) amid a rebound in Chinese stocks.. Read more at ... ( read original story ...)
IPO-bound Grab sees net revenue rise by 39% in Q1 2021
Southeast Asian super app Grab, which is on route to an initial public offering (IPO) of US$2 billion, saw its adjusted net sales rise 39% year-on-year to an all-time high of US$507 million in Q1 2021 ... ( read original story ...)
The Business Times and OCBC to provide awards to enterprising emerging companies
SINGAPORE - Promising emerging companies will have the chance to get more resources to grow their business such as interest-free loans, in the 14th year of the Emerging Enterprise Award organised by ... ( read original story ...)
DBS and Temasek Launches US$500 Million Debt Financing Platform for Tech Startups
DBS and Temasek announced that they have jointly launched a US$500 million growth stage debt financing platform, EvolutionX Debt Capital. ( read original story ...)
Policybazaar IPO: 10 things to know about India’s largest online insurance aggregator
PB Fintech recorded a consolidated loss of Rs 150.24 crore in FY21 against loss of Rs 304 crore in FY20 and loss of Rs 346.81 crore in FY19. ( read original story ...)