The long-term plan will undoubtedly make Singapore the digital innovation hub of finance in Asia. The real opportunities have only just begun, as we start to see a few of the original robo-advisory ... ( read original story ...)
Mortgage exit by Westpac leaves borrowers hanging
About 300 of Westpac Singapore’s customers were notified that the bank would unwind its mortgage loan portfolio. The decision to unwind its mortgage loan portfolio will affect properties in Australia ... ( read original story ...)
3 key reasons for UOB’s confidence in PropNex despite 1Q earnings miss
SINGAPORE (May 22): UOB Kay Hian is maintaining “buy” on PropNex while lowering its target price to 60 cents from 66 cents previously. The new target price is based on DCF and 2019F P/E of 10 times ... ( read original story ...)
NDP 2019 to feature theme song with 27 artistes, heartland mobile column
SINGAPORE — A theme song featuring 27 Singaporean artistes past and present and a mobile column in five heartland sites are the key features of the 54th National Day Parade. The song “Our Singapore” ... ( read original story ...)
Singapore cuts 2019 growth forecast
SINGAPORE’S economic growth came in below earlier estimates at 1.2 per cent in the first quarter of the year – the slowest quarter growth in nearly a decade– as manufacturing shrank amid global trade ... ( read original story ...)
redONE Launches New Mobile Service in Singapore, Bringing Data Without Borders
SINGAPORE - Media OutReach - 22 May 2019 - redONE began offering its new mobile plans in Singapore today, in what it calls a trial launch of its postpaid services. Having already established its brand ... ( read original story ...)
Cash-positive, profitable and all geared up for an IPO: meet the adtech startup you didn’t know was going public
Affle’s parent company - Affle Holdings Singapore - will divest a part of its stake via the IPO. The founders and management team of Affle. CEO Anuj Khanna Sohum (centre) says that even after ... ( read original story ...)
Ad-tech Startup, Affle is gearing up for an IPO
The parent company of Affle known as Affle Holdings Singapore initiates to divest a short hand of its stake through the IPO. Earlier, in March 2019, Affle acquired Singapore-based online-to-offline ... ( read original story ...)
Eagle Hospitality Trust (EHT) IPO Analysis
I think SGX and DBS are really actively courting these REITs from overseas to list in Singapore and I am not sure this is always a good thing. I shall not say too much but do a quick take of this IPO. ... ( read original story ...)
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO: sources
The pricing values loss-making Luckin, already backed by Singapore’s sovereign wealth fund GIC Pte Ltd ... on the Nasdaq stock exchange on Friday under the symbol “LK”. The IPO comes as Chinese-U.S. ... ( read original story ...)
The Luckin Coffee IPO Is Today. Here’s Everything You Need to Know About the ‘Starbucks of China’
Like other IPOs, the initial offering price of $17 is what institutional ... Luckin has raised $550 million from investors that include the U.S. private equity group BlackRock and Singapore’s ... ( read original story ...)
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO
The pricing values loss-making Luckin, already backed by Singapore’s sovereign wealth ... exchange on Friday under the symbol “LK”. The IPO comes as Chinese-U.S. trade tensions involving ... ( read original story ...)
Review of Eagle Hospitality Trust IPO and The Queen Mary
The eagle has landed upon the shores of Singapore; Eagle Hospitality Trust (Eagle) lodges its preliminary IPO prospectus with the Monetary Authority of Singapore (MAS) in late-April just last month ... ( read original story ...)
Luckin Coffee, China’s aspiring Starbucks rival, serves up a hot U.S. IPO
The IPO gives Luckin more firepower and exposure to fuel its ambitious ... The coffee chain was co-founded by chief executive officer Qian Zhiya and backed by Singapore’s sovereign wealth fund GIC Pte ... ( read original story ...)
Singapore, Bangalore beat Hong Kong in Deutsche Bank’s worldwide quality-of-life poll. Beijing is in second-last position
Hong Kong has been ranked 44th out of 56 cities for its quality of life, in a survey released by Deutsche Bank on Monday. It ranked behind Asian peers Tokyo (14), Singapore (23), Seoul (29) and ... ( read original story ...)
Singapore cuts 2019 GDP forecast as first-quarter growth hits decade low
“Against this challenging external economic backdrop, key outward-oriented sectors in the Singapore economy are expected to slow this year,” Lim said. “In particular, the electronics and ... ( read original story ...)