investment

SINGAPORE (Jan 29): Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in Southeast Asia.

SINGAPORE (Jan 29): CapitaLand says its serviced residence business unit, The Ascott, has won contracts to manage four properties with 1,200 units across Malaysia, the Philippines and China.

SINGAPORE (Dec 19): Allied Technologies announced that it is investing a total of US$10 million ($12.5 million) into 8travelplay Intelligence & Technology (8TPS).

SINGAPORE (Dec 19): TEE International, the regional engineering company with business interests in real estate and infrastructure, has secured a US$15 million ($20.2 million) investment from Temasek’s Pierfront Capital Mezzanine.

SINGAPORE (Nov 29): Thakral Corporation has expanded its real estate footprint in Japan with two new investments – R Hotel Inns Osaka Kita Umeda and Namba retail redevelopment site in Osaka.

SINGAPORE (Nov 28): Fullerton Healthcare Corporation, which deferred plans for an IPO last year, has received a significant investment of more than RMB800 million ($163.3 million) from Ping An Capital.

SINGAPORE (Nov 28): Saxo Capital Markets today announced the launch of its fully digital and automated investment service, SaxoSelect, in Asia. 

SINGAPORE (Nov 16): Spackman Entertainment Group says that it has invested KRW250 million ($306,000) in the seed financing round for The Makers Studio, a Korean film production startup.

SINGAPORE (Nov 16): With countries including Singapore already moving towards a common national payments infrastructure and QR code standard, these trends could soon set the payment standard for Asean in the future, says United Overseas Bank (UOB).