(Bloomberg) --The wife of Grab Holdings Chief Executive Officer Anthony Tan paid S$40 million ($29.6 million) for a mansion in Singapore, adding to the strong demand for posh homes as a safe haven ... ( read original story ...)
Indonesia’s Bukalapak kicks off US$1.1 billion IPO, biggest in more than a decade
SINGAPORE: Indonesia's Bukalapak launched an up to US$1.13 billion initial public offering ahead of next month's listing, marking the country's ... ( read original story ...)
Circle IPO Comes On Heels Of $25B Of USDC In Circulation, 6,100 Pct CAGR
Circle, the FinTech behind the USD Coin, the stablecoin backed one-to-one by the dollar, said on July 8th that it would go public via SPAC. ( read original story ...)
Singapore sentences Canadian man to 5 years behind bars for 2016 bank robbery
David James Roach fled Singapore on the same day as the robbery, but was later detained in Britain and extradited back to Singapore in March 2020. ( read original story ...)
DBS to retrofit Newton office building into net-zero energy building by 2022
SINGAPORE - An existing four-storey office building owned by local bank DBS will be transformed into a net-zero energy building, by installing rooftop solar panels and making use of natural ... ( read original story ...)
S’pore-based spac Fat Projects Acquisition files for $135m US IPO
Singapore-based Fat Projects Acquisition Corp, a special purpose acquisition company (Spac), has filed to go public via Nasdaq in a US$100 million (S$135 million) initial public offering (IPO), the ... ( read original story ...)
GIC-backed Bukalapak said to hike IPO target to over $1.35b on strong demand
Indonesian e-commerce firm Bukalapak aims to raise more than US$1 billion (S$1.35 billion) in its initial public offering (IPO), 25 per cent more than previously planned, on indications of strong ... ( read original story ...)
After Zomato, India’s Nykaa, Policybazaar, and Paytm expedite IPO plans
Nykaa is likely to file its draft prospectus on 17 July, while Policybazaar may file its IPO papers around 20 July. ( read original story ...)
Post IPO, Zomato could become India’s 78th most valuable firm by market capitalisation
At ₹76 per share, the upper end of the price band, Zomato will have a post-money valuation of ₹59,623 crore ($8 billion) ... ( read original story ...)
PrimeXM Deploys a New Data Center in Singapore
FX trading industry technology provider, PrimeXM has announced on Thursday that it had launched a new data center in Singapore. ( read original story ...)
DBS unit net profit, NPAs surge post LVB merger
DBS Bank India, the wholly-owned subsidiary of Singapore’s DBS Bank, witnessed a surge in FY21 net profit to ₹312 crore following its merger with the erstwhile Lakshmi Vilas Bank (LVB) but reported a ... ( read original story ...)
OCBC rolls out sustainability training for staff as part of S$30m skills drive
OCBC has launched a suite of sustainability training modules to groom more subject experts within the bank as it furthers its sustainability push.. Read more at straitstimes.com. ( read original story ...)
Singapore and EU can collaborate on research, green finance to tackle climate crisis
S'pore and EU discussed these potential partnerships at a meeting on Thursday.. Read more at straitstimes.com. ( read original story ...)
Singapore and EU reaffirm climate action commitment ahead of COP26
SINGAPORE: The European Union (EU) and Singapore on Thursday (Jul 8) reaffirmed their joint commitment and "strong" partnership in global climate ... ( read original story ...)
Fitch Affirms Diners Club Singapore’s Credit Card ABS; Outlook Stable
Fitch Ratings has affirmed DFS Asset Purchase Company Pte. Ltd.'s working-capital facility, standby liquidity faci ... ( read original story ...)
Singapore’s GDP to grow 4℅ to 6℅ this year despite uncertain global outlook: Finance Minister Lawrence Wong
Singapore Finance Minister Lawrence Wong said that with uncertainty looming large over global economy outlook, continue to expect gross domestic product growth of at least 4 per cent to 6 per cent ... ( read original story ...)