The four-day Bloomberg New Economy Forum kicked off on Monday morning with business and political leaders taking on issues from the economic fallout of the coronavirus pandemic to the future of global ... ( read original story ...)
Singapore’s Hyflux put under court-appointed management
SINGAPORE -- Hyflux will be placed under a court-appointed judicial manager, Singapore's high court ruled on Monday, a step forward for the water treatment company that has not been able to conclude ... ( read original story ...)
Garrison Appoints former Standard Chartered Group CISO, Cheri McGuire, as Advisor
London based cybersecurity company Garrison has today announced the appointment of cybersecurity executive and former Group Chief Information Security Officer (CISO) of Standard Chartered, Cheri ... ( read original story ...)
High Court grants bank creditors’ application to place Hyflux under judicial management
SINGAPORE: The Singapore High Court has granted an application by a group of bank creditors to place troubled water treatment firm Hyflux under judicial management. The judicial management application ... ( read original story ...)
‘It’s a judgment call’: How banks handle scam cases
CNA spoke to some of those on the frontline to see how they handle scams. SINGAPORE: It was a quiet Friday afternoon. As the customer service manager of OCBC's Bedok branch, Ms Sabrina Lye was ... ( read original story ...)
Singapore’s ‘old economy’ stock market misses global tech rally
telecommunications and finance. Singapore's heavy dependence on the external environment to do well as an export-oriented economy makes its companies especially vulnerable to global shocks ... ( read original story ...)
Asia’s improving earnings scorecard is failing to boost stock prices as Covid-19 effects linger
Asian companies are wrapping up a solid quarter in earnings recovery. Investors, however, have chosen to ignore it. ( read original story ...)
DBS to offer tailored app in its digital transformation
DBS Group Holdings is implementing a new growth strategy with a focus on digitalization and an aim to equip all employees -- from CEO to front-line staff -- with a thorough knowledge of cutting-edge ... ( read original story ...)
Google Invests In Indonesian E-Commerce Unicorn, Joins Singapore Government, SoftBank, Alibaba
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 ...)