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investment
In print this week
Early CPF withdrawals indicate anxiety; more nest eggs needed for future
SINGAPORE (Sept 10): It will be more than a decade from now before Tee, 43, can withdraw some cash from her Central Provident Fund (CPF) savings, but she has already made up her mind. Once she turns 55, the electrical engineer hopes to withdraw up to “t
September 09, 2018
Results
Thakral Corp's 1H18 earnings rise 50% to $4 mil on higher revenue
SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.
August 02, 2018
Investing strategies
Interaction and advice makes wealth managing that much more meaningful
SINGAPORE (July 18): When it comes to wealth management, a constant dialogue with clients makes all the difference, says Dominique Jooris, South Asia CEO at Pictet Wealth Management.
July 18, 2018
Startups, Entrepreneurs, Digital economy
ezbuy raises US$17.6 mil in pre-series C funding
SINGAPORE (May 24): Local online shopping platform, ezbuy.sg, has successfully raised a total of US$17.6 million ($23.6 million) in its pre-series C funding.
May 24, 2018
M&A
Chip Eng Seng to acquire up to 75% stake in US education consulting firm
SINGAPORE (May 21): Chip Eng Seng (CES) is planning to acquire up to 75% in Pennsylvania-based American Scholar Group (ASG) for US$1.5 million ($2 million).
May 21, 2018
M&A
China Jinjiang's 1Q earnings fall 21% to $21.1 mil; acquires stake in Brazilian WTE firm
SINGAPORE (Apr 23): China Jinjiang Environment reported 1Q18 earnings fell 20.9% to RMB 100.8 million ($21.1 million) from RMB 127.4 million in 1Q17 on lower sales and higher cost of sales and finance costs.
April 23, 2018
iFAST trading platform FSMOne.com offers limited-time $10 flat fee to local investors
SINGAPORE (Apr 16): iFAST Corp’s FSMOne.com, is offering a $10 flat fee to all investors trading SGX-listed stocks and exchange-traded funds (ETFs) on its platform, from Monday till May 31.
April 16, 2018
Fintech
Allianz becomes Go-Jek's sole international insurance shareholder with US$35 mil investment
SINGAPORE (Apr 11): Financial services provider Allianz says it has invested US$35 million ($45.8 million) in Indonesian ride-hailing platform Go-Jek through its digital investment unit, Allianz X.
April 11, 2018
M&A
Ho Bee Land investing up to EUR 90 mil to diversify geographically and optimise returns
SINGAPORE (Mar 26): Ho Bee Land, which has property investments and developments in Australia, China and the United Kingdom, is investing up to EUR 90 million ($146.3 million) in cash to diversify geographically and to optimise returns on its available f
March 26, 2018
Frasers Hospitality invests $250 mil to develop serviced residence in Tokyo
SINGAPORE (Feb 6): Frasers Hospitality, a member of Frasers Property Group, is investing $250 million to develop a new serviced residence in Tokyo’s Ginza district.
February 06, 2018