Among domestic investors, Axis MF, HDFC Trustee, SBI MF, Aditya Birla Sun Life, ICICI Prudential, Kotak MF, Nippon Life India, and SBI Life Insurance invested in the company via anchor book. ( read original story ...)
Barclays nabs UBS banker Tan to lead Singapore private bank
Barclays has appointed Evonne Tan, the head of private banking for UBS in Singapore, the British bank said on Tuesday, as it seeks to build upon its corporate and investment banking operations in Asia ... ( read original story ...)
Where the Sun Meets the Sea: Offshore Floating-PV Powers Singapore’s Journey Toward Carbon Neutrality
Disclaimer | Accessibility Statement | Commerce Policy | Made In NYC | Stock quotes by finanzen.net SHENZHEN, China, July 6, 2021 /PRNewswire/ -- The market for solar energy is heating up worldwide, ... ( read original story ...)
Singapore’s GDP to expand 4-6% this year: minister
The global economic outlook continues to be highly uncertain and will weigh on a small and open economy such as Singapore. But the Southeast Asian country can continue to expect gross domestic product ... ( read original story ...)
Singapore announces additional support measures for COVID-19 affected firms
Singapore’s support package to help companies and workers affected by the period of heightened alert is expected to cost 1.2 billion SGD (900 million USD), with the amount covered through the ... ( read original story ...)
Singapore: The recovery of the manufacturing sector looks healthy – UOB
Economist at UOB Group Barnabas Gan comments on the recently published Manufacturing PMI in Singapore. Key Quotes “Singapore’s manufacturing Purchasing Managers’ Index (PMI) ... ( read original story ...)
Stock Market Live Updates: Sensex opens 30 points up, Nifty nears 15,850; Force Motors climbs 5%, Bajaj Hind 4%
Domestic equity benchmarks look set to open on a muted note amid lack of direction cues, as Wall Street remained closed overnight on the account of Independence Day. Asian markets were mixed while the ... ( read original story ...)
How this remittance startup is shaping up for its IPO
Here’s how remittance startup Nium is going about it. That’s a lot of Xs: Nium has brought down its negative earnings before interest and taxes (EBIT) in 2020 by 73x to just US$353,000 from the US$25. ( read original story ...)
Krafton’s downsized IPO spurred by South Korean regulator worries
South Korean game developer Krafton surged to prominence on the back of its wildly popular international hit PlayerUnknown's Battlegrounds (PUBG). The product, a pioneer of "battle royale" games, ... ( read original story ...)
Zomato IPO expected soon. Here’s what you need to know
Zomato founder and CEO Deepinder Goyal told employees last year that the company was planning launch an IPO in the first half of 2021. ( read original story ...)
Jobs created for local PMEs outstrip rise in EPs in finance, infocomm: Tan See Leng
SINGAPORE - From 2005 to last year, the finance and infocomm sectors accounted for 40 per cent of the increase in Employment Passes (EPs) handed out to foreign professionals. But these two sectors saw ... ( read original story ...)
Fidelity, BlackRock lead Pine Labs’ $600 million funding ahead of IPO
The funding from Fidelity and BlackRock pegs Pine Labs' valuation at $3 billion, CEO Amrish Rau says, adding that the fintech startup targets a US IPO within the next 18 months. ( read original story ...)
Zomato IPO likely to hit market on July 19
At the upper end of the price band, the company will be valued at $7.6 billion (Rs 56,240 crore), more than Amazon backed British food delivery firm Deliveroo or Nasdaq-listed Grubhub. The latter two ... ( read original story ...)
3 takeaways from Singapore’s Finance Minister Lawrence Wong’s parliamentary speech
In addition to affirming the financial support for SMEs, Minister Wong shared that COVID-19 restrictions may be eased further from 12 July, allowing larger groups of five people to dine together. ( read original story ...)
India’s Zomato hikes IPO valuation target to $10b amid surge in online food ordering
Zomato is expected to launch its share sale later this month to become the first of India’s top unicorns to go public. ( read original story ...)
DLT enabled Trade Finance Network Contour Launches Innovation Lab in Singapore to Support Digital Infrastructure
DLT enabled trade finance network Contour launches Innovation Lab in Singapore to support digital infrastructure. ( read original story ...)