What Happened: The tech giant now owns 1.6% of Tokopedia, valued at $1.1 million (16.7 billion rupiah) Singapore’s government investment company Temasek also invested in Tokopedia. Temasek now has a 3 ... ( read original story ...)
DoorDash IPO bets that the pandemic has accelerated change
DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Will they stay as life returns to normal after the vaccine? What will be "normal," anyway? ( read original story ...)
Singapore’s Hyflux Supports U.S. Firm’s Restructuring Proposal
(Bloomberg) -- Hyflux Ltd., in its third year of a debt-restructuring process, supports a plan proposed by Strategic Growth Investments LLC to acquire and privatize the Singapore-based water-treatment ... ( read original story ...)
Zomato raises $195 million funding from 6 investors ahead of IPO launch in 2021
The investment is the latest in a slew of funding for Zomato in recent months.In September, the company raised $160 million from US hedge fund Tiger Global Management LLC and a unit of Singapore's Tem ... ( read original story ...)
The VC and founder winners of DoorDash’s IPO
The three VC firms with the largest holdings noted in the filing were the SoftBank Vision Fund, Sequoia and Singapore’s GIC investment fund, listed here as Greenview (no relation to the cannabis ... ( read original story ...)
DBS rolls out branch transformation project
DBS announced today it is scaling up the transformation of its branches across Singapore as customers seek quicker, socially-distanced, and more personalised branch banking services, and shift their ... ( read original story ...)
Infrastructure investments can create jobs and boost Singapore economy, says Indranee Rajah
Governments that are looking to borrow should take advantage of the current low interest rate environment, she said during a panel discussion.. Read more at straitstimes.com. ( read original story ...)
11 Deals On Classes & Activity Kits So Your Kids Will Never Be Bored This School Holiday
Classes & activities for kids with DBS/POSB Card discounts The December school holidays are just around the corner, much to the glee and anticipation of kids. But with travel plans still on the ... ( read original story ...)
Thailand’s 20-minute lender disrupts kingdom’s financial industry
BANGKOK -- A Thai megabank's AI-powered subsidiary is out to promote financial inclusion now that it has successfully ridden high on the strongest headwind many industries have faced in more than a ... ( read original story ...)
UOB puts mental well-being at the heart of its new approach to work post COVID-19
UOB today announced that it is giving the majority of its 26,000-strong workforce the choice to work remotely two days a week once COVID-19 restrictions are lifted. Underlying the change is the Bank's ... ( read original story ...)
Best 1-for-1 hotel buffet dining promotions in Singapore (Nov 2020)
Nothing gets Singaporeans going like a hotel buffet, but they’re pretty expensive at full price. Thanks to competitive credit card promotions, though, you can get 1-for-1 hotel buffets with ... ( read original story ...)
Nanofilm’s IPO debut on Singapore exchange takes its market value to $1.2b
The stock of the Nanyang Technological University spin-off firm increased to S$2.80 (US$2.05) from its IPO price of S$2.59 (US$1.90). ( read original story ...)
Bottoming out: Singapore banks’ earnings upgrades signal turning point
Singapore banks are seeing a sharp upgrade to next year’s earnings estimates as wealth management fees surge and losses on coronavirus-related loans ease, pointing to a recovery in Asia’s banking ... ( read original story ...)
Singapore Bourse May Hand Back Support At 2,700 Points
For the day, the index dipped 1.38 points or 0.05 percent to finish at 2,711.90 after trading between 2,695.89 and 2,725.47. Volume was 2.54 billion shares worth 1.64 billion Singapore dollars. There ... ( read original story ...)
B2B Payments in Singapore 2020: Interview Results from 700+ Businesses – ResearchAndMarkets.com
The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)
DBS rolling out 24/7, self-service banking at a third of its branches
SINGAPORE - South-east Asia's largest bank DBS will transform at least a third of its branches by rolling out 24/7 self-service banking options and enabling easier access to financial planning tools ... ( read original story ...)