Special-purpose acquisition companies (SPACs) have received a cooler than expected response, but market participants still expect the listing mechanism to play a long-term role. ( read original story ...)
This Singapore Group Will Invest $100 Million Via Fund For Digital Assets
Singapore's Whampoa Group, a multi-family office with investments in global tech firms, aims to deploy about $100 million through a venture capital fund in start-ups in the burgeoning digital assets ... ( read original story ...)
Singapore’s Frasers Hospitality shareholders reject US$966.5 million take-private offer
Singapore's Frasers Hospitality Trust said on Monday a SUS$1.35 billion (US$966.49 million) proposal to take the trust private had fallen through as it failed to garner the required shareholder ... ( read original story ...)
Ex-directors of gold investment firm get jail for fraudulent multimillion-dollar buyback scheme
SINGAPORE: Two former directors of a company that sold gold bars in a buyback arrangement which turned out to be a multimillion-dollar Ponzi scheme were sentenced to jail on Monday (Sep 12). Iseli ... ( read original story ...)
Singapore wealthtech investments up 605% in 4 years amid Asian wealth boom
VENTURE funding in wealth management startups in Singapore surged in recent years as companies looked to address gaps in the market neglected by traditional wealth managers. Read more at The Business ... ( read original story ...)
Low labour costs, strong investor interest drawing Singapore start-ups into Vietnam
The number of start-ups from Singapore venturing overseas through Enterprise Singapore's Global Innovation Alliance (GIA) acceleration programmes has ballooned to more than 400 in less than five years ... ( read original story ...)
AI to become a top investment area in the next three years: study
Currently, 38% of healthcare leaders are already investing heavily on AI. More than three in 10 healthcare leaders (38%) in Singapore are investing heavily in artificial intelligence in a bid to ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to make a muted start today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open nearly unchanged on Monday, taking a breather after two days of gains, despite positive moves across global markets. Singapore ... ( read original story ...)
Grab’s Share Price Has Tumbled 70% Since its IPO: Is it Poised for a Rebound?
The ride-hailing cum food delivery company is increasing its engagement but continues to report losses. The post Grab’s Share Price Has Tumbled 70% Since its IPO: Is it Poised for a Rebound? appeared ... ( read original story ...)
Singapore One Pass work permit: Check eligibility criteria, benefits here
The new visa known as the Overseas Networks & Expertise (ONE) pass will come into effect from 1 January, 2023. ( read original story ...)
3 Ways Startups in Singapore Should Assess Different Financing Options Like SME Loans
Here, we discuss the major ways that startups can fund their operations, and what types of funding are appropriate for different situations. ( read original story ...)
Indonesia, Singapore investment pledges reach P804.78 billion
THE US$14.36 billion (P804.78 billion) in investments secured from the state visits to Indonesia and Singapore is estimated to generate more than 22,000 jobs in the ... ( read original story ...)
EDPR Sunseap does not rule out IPO, but eyes a much bigger one if it lists
Six months after the deal was completed, which values the fourth largest solar player in Southeast Asia at $1.1 billion, the renamed EDPR Sunseap says it is keeping its IPO plans warm. EDPR has ... ( read original story ...)
Animoca Brands Raises $110 Million From Temasek, GGV And Boyu Capital As It Mulls Possible IPO
Temasek, GGV and Boyu Capital will engage and advise Animoca Brands on organization, process and governance that allows it to become “pre-IPO ready,” the company said. ( read original story ...)
Singapore’s Lee family scions make crypto push with new funds
Scions from two of Singapore’s most prominent families are boosting their involvement in digital assets. Whampoa Group, a multi-family office anchored by principals from the Lee family that founded ... ( read original story ...)
Singapore’s Whampoa Group to invest $140.5m via fund for digital assets
Scions from two of Singapore's most prominent Lee families are boosting their involvement in digital assets. Read more at straitstimes.com. ( read original story ...)