HONG KONG (Reuters) - Chinese peer-to-peer lending platform Dianrong said on Wednesday it raised $220 million from a group of investors led by Singapore sovereign wealth fund GIC Pte Ltd, looking to step up research of new technology as it expands across ... ( read original story ...)
Singaporeans can’t last a day without mobile data, survey says
Do you know how long you can go without mobile data, or how much you need every month? In Singapore, half of 900 respondents in a survey said they can't last more than a day without mobile data, according a survey done by Circles.Life, the city-state's ... ( read original story ...)
Singapore Robo-Advisors: Yay Or Nay?
Soooooo a bunch of robo-advisors have launched this month in Singapore. When I first heard about them, I got REALLY EXCITED. I tried sharing my excitement with my friends, which is probably why no one invites me to parties anymore. Now that I have nothing ... ( read original story ...)
Malaysia’s Bond Recovery Is Under Threat
“A stabilization in FX reserves, the currency, and volatility should all bode well for sentiment toward Malaysian government bonds,” said Charlie Lay, an analyst at Commerzbank in Singapore. “Healthy domestic demand and firm exports should also ... ( read original story ...)
Ambassador highlights ASEAN’s achievements
In the article, Deputy PM Minh recalled the formation of ASEAN in Bangkok, Thailand, on August 8, 1967 with Indonesia, Malaysia, Singapore, Thailand and the ... The Vietnam Safe Agricultural Product Export Company is active in several European markets ... ( read original story ...)
Lagos Free Zone woos Singaporean investors as existing investments hit $150m
... its export capacity as the company hope to ensure that 25 to 30 percent of its locally produced goods go for export. Koh Poh Koon, Singapore Minister of State for Trade and Industry, who led Singaporean trade delegation to Lagos Free Trade Zone ... ( read original story ...)
China’s investment in Malaysia may come with a long-term political cost
China has been Malaysia’s largest trading partner since 2009, displacing Singapore, with two-way trade last year valued at US$83.4 billion. China is Malaysia’s biggest export market. Malaysia, like Singapore, has strong historical links to China. ( read original story ...)
Arclight Launches China Co-Production Initiative
Arclight and its affiliate companies have co-financed or sold several of the biggest Chinese film exports of recent years. The company previously handled Kimble Rendall’s Chinese-Australian-Singapore co-venture “Bait 3D,” and is now in post-productio ... ( read original story ...)
The Gluten in Wheat’s Rise
The most exciting corner of the world's commodity markets over the past few months hasn't been in London, New York, Chicago, Singapore or Shanghai ... according to U.S. Wheat Associates, an export-promotion group. That's a problem for bakers. ( read original story ...)
Positive Data Raises Asia, Europe Stocks
Equity indexes from Shanghai to Seoul chalked up gains, with confidence fuelled by positive Chinese manufacturing data and figures showing South Korean exports surged 20% in ... just 10 days after being hired. Singapore shares rose, as a recovery in ... ( read original story ...)
India Refiners Outshine Asia Peers With New Output, Rising Local Demand
SINGAPORE/NEW DELHI, Aug 1 (Reuters ... in China and Vietnam that could keep most of Asia well-supplied and weigh on refining margins for export-oriented refiners in South Korea and Thailand. India, though, where refiners have already ramped up capacity ... ( read original story ...)
Mobile payments growth gap barely there between millennials and older generations
Visa’s effort to turn Singapore into a cashless society has centered heavily around promoting mobile payments growth. The credit card giant recently released its Consumer Payment Attitudes Survey 2016, revealing some unexpected data. It came as little ... ( read original story ...)
Saudi Aramco IPO Pits London Against New York
Singapore is the biggest oil trading center in Asia ... The Toronto Stock Exchange is also among the smaller contenders for the IPO, but the Canadian bourse has highlighted the large number of commodities companies listed there. Energy and materials ... ( read original story ...)
Singapore to look into regulating ICOs following SEC’s example
SINGAPORE has announced it will begin looking into regulating ... and thus do not have to undergo the rigorous disclosure process companies who launch IPOs have to fulfil. As a result, ICOs have become increasingly popular, particularly among investors ... ( read original story ...)
Razer to target $5-billion valuation in IPO, sources say
Razer’s IPO would be one of the largest tech debuts in the Asian financial centre in years. The company, co-founded in 2005 by Singapore-born Mr. Tan, considered a U.S. IPO as far back as 2014, people with knowledge of the matter said at the time. ( read original story ...)
Novena Global targets Taiwan for $150m IPO
Singapore-based Novena Global Lifecare Group is gunning for a listing on the Taiwan Stock Exchange to raise $150m for regional expansion. Novena, an integrated medical healthcare and aesthetic group, plans to use the proceeds from the Taiwan listing for ... ( read original story ...)