telecommunications and finance. Singapore's heavy dependence on the external environment to do well as an export-oriented economy makes its companies especially vulnerable to global shocks ... ( read original story ...)
Asia’s improving earnings scorecard is failing to boost stock prices as Covid-19 effects linger
Asian companies are wrapping up a solid quarter in earnings recovery. Investors, however, have chosen to ignore it. ( read original story ...)
Google Invests In Indonesian E-Commerce Unicorn, Joins Singapore Government, SoftBank, Alibaba
What Happened: The tech giant now owns 1.6% of Tokopedia, valued at $1.1 million (16.7 billion rupiah) Singapore’s government investment company Temasek also invested in Tokopedia. Temasek now has a 3 ... ( read original story ...)
DoorDash IPO bets that the pandemic has accelerated change
DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Will they stay as life returns to normal after the vaccine? What will be "normal," anyway? ( read original story ...)
Singapore’s Hyflux Supports U.S. Firm’s Restructuring Proposal
(Bloomberg) -- Hyflux Ltd., in its third year of a debt-restructuring process, supports a plan proposed by Strategic Growth Investments LLC to acquire and privatize the Singapore-based water-treatment ... ( read original story ...)
Zomato raises $195 million funding from 6 investors ahead of IPO launch in 2021
The investment is the latest in a slew of funding for Zomato in recent months.In September, the company raised $160 million from US hedge fund Tiger Global Management LLC and a unit of Singapore's Tem ... ( read original story ...)
The VC and founder winners of DoorDash’s IPO
The three VC firms with the largest holdings noted in the filing were the SoftBank Vision Fund, Sequoia and Singapore’s GIC investment fund, listed here as Greenview (no relation to the cannabis ... ( read original story ...)
Infrastructure investments can create jobs and boost Singapore economy, says Indranee Rajah
Governments that are looking to borrow should take advantage of the current low interest rate environment, she said during a panel discussion.. Read more at straitstimes.com. ( read original story ...)
Nanofilm’s IPO debut on Singapore exchange takes its market value to $1.2b
The stock of the Nanyang Technological University spin-off firm increased to S$2.80 (US$2.05) from its IPO price of S$2.59 (US$1.90). ( read original story ...)
B2B Payments in Singapore 2020: Interview Results from 700+ Businesses – ResearchAndMarkets.com
The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)
Singapore’s Ascent Capital raises $88m for debut Myanmar-focused fund
It will invest at least US$5 million in each company across consumer, education, and healthcare, among others. ( read original story ...)
Hong Kong and Singapore Will Soon Have a Quarantine-Free Travel Bubble
“Hong Kong and Singapore are similar in terms of epidemic control. Both are regional aviation hubs and international cities, enjoying strong trade, investment, finance, tourism and people-to-people ... ( read original story ...)
German deaths rise, HK-Singapore in bubble
Singapore and Hong Kong plan to allow their residents to visit without entering quarantine while Chinese officials say the country can avoid new COVID-19 cases. ( read original story ...)
The Finance 202: Trump’s ‘crash’ call goes bust: Stocks surge on vaccine breakthrough, Biden win
President Trump warned stocks would crash if Joe Biden won the presidency. Instead, in the first trading session since Biden sealed his victory, they rocketed to near-record highs. Follow the latest ... ( read original story ...)
Suspension of Ant’s IPO could slash value by $188b
HONG KONG • China's move to halt Ant Group's massive stock debut could reduce the fintech giant's value by as much as US$140 billion (S$188 billion), according to analysts' revised estimates.. Read ... ( read original story ...)
Stalled IPO seen cutting Ant Group value by $140 billion
China's move to halt Ant Group Co.'s massive stock debut could reduce the fintech giant's value by as much as $140 billion, according to analysts' revised estimates. New regulations that could force ... ( read original story ...)