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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.
July 31, 2017
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.
July 27, 2017
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.
July 12, 2017
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.
July 07, 2017
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.
July 07, 2017
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
June 29, 2017
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.
June 19, 2017
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
June 05, 2017
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
May 05, 2017
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.
April 21, 2017