expansion

Tech

Google to help 2,500 local SMEs go global with digital technologies

SINGAPORE (July 31): In conjunction with the expansion of its Go Global initiative to Singapore, Google has committed to train 2,500 local small and medium enterprises (SMEs) in digital technologies, by 2019.

Fintech

Nasdaq seeks fintech firms to partner in Asia expansion of Analytics Hub

SINGAPORE (July 27): Nasdaq Inc. is expanding its Analytics Hub in Asia and is looking for fintech firms in the region, including in Singapore, to partner.

IPO

Singapore’s top-performing IPO this year surged 158%

SINGAPORE (July 12): After staging concerts in Singapore for the past two decades, the city-state’s best-performing initial public offering this year is taking its entertainment on the road.

Broker's Calls

Why it’ll take more than an excise hike to drag ThaiBev down

SINGAPORE (July 7): CIMB Research is maintaining its “add” recommendation on Thai Beverage (ThaiBev) with an unchanged target price of $1.07.
From Bloomberg

Manila Casino expands to win back trust after fatal fire accident

(July 7): Resorts World Manila, the Philippine casino where 38 people died after an arson attack last month, aims to complete a new gaming zone this year as it seeks to win back customers and rebuild its brand.

GLP signs new lease agreement with existing customer in Southern Brazil

SINGAPORE (June 29): Global Logistic Properties, the provider of modern logistics facilities in China, Japan and Brazil, has signed a new lease agreement for 11,000 sq m (118,000 sq ft) with its existing client, YAPP Automotive Systems, in Southern Brazil

Startups, Entrepreneurs, Digital economy

Luxury online retailer Reebonz seeks to raise up to US$150 mil

SINGAPORE (June 19): Reebonz, Southeast Asia’s largest online luxury retailer, is planning to raise as much as US$150 million ($207 million) to bolster its marketplace business and fund expansion in China, Japan and South Korea.

Broker's Calls

Growth is a given for this leading healthcare stock, but the risks are still aplenty

SINGAPORE (June 5): Maybank Kim Eng Research is maintaining its “hold” call on IHH Healthcare with a higher price target of RM6.17 ($2) from RM5.62 previously, highlighting the stock as a healthcare leader in the premium hospital segment with a strong

Broker's Calls

Riverstone gets an upgrade on 1Q earnings surprise

SINGAPORE (May 5): Lim & Tan Securities is upgrading its call on Riverstone Holdings from “hold” to “buy” while upping its 2017 and 2018 net profit forecasts for RM140 million ($45.3 million) and RM 150 million respectively, from RM120 million and
Patrick Chew, CEO of Midas

In print this week

The golden opportunities that lie ahead for Midas

SINGAPORE (April 21): After sliding for most of the last six years, shares in Midas are now trading at 0.46 times its book value.
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