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 ...)
Sequoia India set for big payday with IPO of Indonesia’s GoTo
With the world's fourth most populous country grappling with fresh outbreaks of COVID-19 forcing it into its first-ever widespread lockdown, a significant business event that will impact the lives of ... ( read original story ...)
Contour Sets up Trade Finance Innovation Lab in Singapore
Contour has opened an innovation lab In Singapore where it will collaborate to develop novel, digitally native trade finance solutions. ( read original story ...)
DLT-Platform Contour Sets up Trade Finance Innovation Lab in Singapore
Contour has opened an innovation lab In Singapore where it will collaborate to develop novel, digitally native trade finance solutions. ( read original story ...)
Watch live: Finance Minister Lawrence Wong addresses Parliament on Covid-19 support measures
His ministerial statement will outline the Govt's support measures, as well as the funding approach for these measures.. Read more at straitstimes.com. ( read original story ...)
Lawrence Wong on pillars of Singapore’s tax system to stay agile and nimble amid global tax changes
Singapore will adjust its corporate tax system if needed, in consultation with industry. Changes, if any, will be guided by three key principles. Firstly, it will abide by internationally agreed ... ( read original story ...)