Alibaba

Funds

Top fund manager hunts for next Alibaba in Southeast Asia

SooHai Lim is bullish on e-commerce in Southeast Asia, so much so that he sees the region coming up with its own version of Alibaba Group Holding Ltd.

Tech

The tech behind China's new digital currency

Unlike cryptocurrencies, which use distributed ledgers and strong cryptography to capture details of coin ownership and transaction, PBOC favours a centralised ledger model that will record and monitor transactions.

Tech

Global financial watchdogs take aim at Big Tech's data dominance

(Dec 9): Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Disruption and Digitalisation

CapitaLand launches new retail concept store at Plaza Singapura

SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital experience” with a combination of olfactory, audio-visu

US stocks

Starbucks to implement 'significant changes' to company structure

(Sept 25): Starbucks Corp. is planning an organisational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.

US-China trade war

Alibaba's Jack Ma says can't meet promise to create 1 million US jobs

SAN FRANCISCO (Sept 20): Alibaba Chairman Jack Ma said the company can no longer meet its promise to create one million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on Wednesday.

Malaysia

Chinese investors can help cut trade deficit, says Mahathir

(Aug 19): Chinese investors can help reduce the country’s trade deficit with Malaysia, the Southeast Asian nation’s prime minister said in Beijing on Sunday at an event alongside Alibaba Chairman Jack Ma.

Broker's Calls

Stocks to benefit from the coming AI, IoT boom

SINGAPORE (Aug 16): Internet of Things or IoT is on the verge of becoming a mainstream technology, reaching its tipping point next year after which adoption will accelerate among the masses, says DBS Group Research.

Broker's Calls

Sheng Siong likely to see stellar FY19F as growth momentum continues: DBS

SINGAPORE (July 31): DBS Group Research is maintaining its “buy” call on Sheng Siong Group (SSG) with a higher target price of $1.26, implying 25 times FY19F earnings.

Startups, Entrepreneurs, Digital economy

Grab to launch bike-sharing platform by mid-2018

SINGAPORE (Mar 9): Grab is making its first move to take over the bike-sharing market. It is due to launch GrabCycle Beta by mid-2018 as a digital platform that allows consumers to rent bicycles or scooters from oBike, GBikes, Anywheel and Popscoot.
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