Ahead of its proposed initial public offering (IPO), ride-hailing platform Ola has got the approval from the Competition Commission of India (CCI) for investments worth over Rs 3,700 crore. The CCI ... ( read original story ...)
Singapore’s Olam picks London for food ingredients unit listing
Commodity trader Olam International said on Friday it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next ... ( read original story ...)
Time for Singapore ETFs?
Singapore's economy expanded 14.7% year over year in the second quarter of 2021, compared with an advance estimate of a 14.2% expansion and a final 1.5% gain in the first quarter. ( read original story ...)
Exclusive-Olam seeking about $3 billion for London IPO of food ingredients unit – sources
Olam has said it is seeking a concurrent secondary listing in Singapore for OFI by the first half of 2022. Two of the sources said Olam had appointed Citigroup, Credit Suisse, HSBC, JPMorgan and ... ( read original story ...)
GEN Singapore 2H income likely flat amid crisis: Nomura
Banking group Nomura said in a Friday note it expected Genting Singapore Ltd, operator of the Resorts World Sentosa (RWS) casino complex (pictured in a ) in Singapore, to record second-half earnings ... ( read original story ...)
Singapore’s shift to Sora from Libor quickens as contracts jump fourfold
Banks in Singapore are embracing a new benchmark for derivatives transactions as the financial hub prepares to transition away from Libor by the end of September.. Read more at straitstimes.com. ( read original story ...)
Olam picks London and Singapore for listing of food ingredients arm; first-half profit up 26.7%
SINGAPORE - Agri-food giant Olam International is seeking an initial public offering (IPO) of its food ingredients arm, Olam Food Ingredients (OFI), on the premium segment of the London Stock Exchange ... ( read original story ...)
Olam picks London for food ingredients IPO
Olam International has picked London for the initial public offering of its multibillion-pound food ingredients business, as the Singapore-based agricultural trading house looks to tap growing ... ( read original story ...)
Travel platform ixigo files for Rs 1,600-crore IPO
AI-based travel app ixigo is looking to raise Rs 750 crore in primary fundraise and Rs 850 crore via an offer for sale from existing investors as part of its initial public offering, according to the ... ( read original story ...)
DBS Bank Gets Greenlight From Singapore Regulator to Provide Crypto Services
The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to asset managers and companies. DBS Vickers ... ( read original story ...)
Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing
Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)
Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO
The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)
8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021
During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)
A close look at Singapore’s thriving startup ecosystem
Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. It is a young country as well — having gained independence in 1963. ( read original story ...)
COMMENT: Singapore’s social divisions aren’t so clear cut
The role of foreigners in Singapore's economy has been scrutinised amid the pandemic, yet class anxieties may be the country's bigger pressure point. ( read original story ...)
Ex-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC
Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a special purpose acquisition company in Singapore, according to people with knowledge of ... ( read original story ...)