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Startups, Entrepreneurs, Digital economy
Grab raises US$150 mil from Yamaha
SINGAPORE (Dec 17): Grab is attracting more global backers after the ride-hailing service defeated Uber Technologies Inc. in Southeast Asia. A motorcycle maker has become the latest investor.
December 14, 2018
Property
Private previews held this week for SC Global's upcoming luxury development project in Niseko, Japan
SINGAPORE (Nov 29): SC Global Developments has launched a luxury hotel apartment residence in Niseko, Japan, beginning with private previews conducted in Singapore this week, with previews in Niseko officially starting in early Dec.
November 29, 2018
Results
ComfortDelGro posts 2% lower 3Q earnings; to set up new US$100 mil global VC fund
SINGAPORE (Sept 9): ComfortDelGro Corporation (CDG) posted $78.5 million in earnings for the 3Q ended Sept, representing a 2% decline from earnings of $80.1 million a year ago due to lower dividends received from its overseas subsidiary, Cabcharge Austral
November 09, 2018
Malaysia
New property investment platform FundMyHome to 'democratise home ownership' in Malaysia
SINGAPORE (Nov 5): Instead of taking out a bank loan or mortgage, first-time homebuyers in Malaysia can now seek financial support from a new property investment platform FundMyHome.com.
November 05, 2018
Broker's Calls
3 developers to 'add' as Singapore's property price momentum slows: CGS-CIMB
SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up
October 16, 2018
Sector Focus
StarHub to lay off 300 employees as telco commences strategic review
SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this mont
October 03, 2018
SE Asian economies
KKR's Kravis sees Southeast Asia winners in US-China trade war
(Oct 2): KKR & Co. is seeking to invest more in Southeast Asia, where companies are poised to benefit from the US-China trade dispute, according to the private equity firm’s co-founder Henry Kravis.
October 02, 2018
Commentary
Temasek identifies new drivers as portfolio value tops $308 bil
SINGAPORE (July 10): Temasek Holdings is positioning itself to ride six powerful trends, even as it prepares for tougher global market conditions in the year ahead.
July 11, 2018
Southeast Asia PE deal value surges to $30 bil in 1Q, led by Singapore
SINGAPORE (July 9): Total private equity (PE) and venture capital (VC) deal value in Southeast Asia hit a historic high of US$21.9 billion ($29.7 billion) over 19 deals in 1Q18, significantly up from 26 deals worth US$687 million a year ago.
July 09, 2018
HSBC launches Jade membership programme targeting 'sweet spot' in Southeast Asian wealth space
SINGAPORE (June 28): HSBC Bank (Singapore) today announced the launch of a new membership programme, HSBC Jade, targeting individuals looking for high net-worth (HNW) solutions in Singapore.
June 28, 2018