Welcome!
joint venture
Contracts
TEE International warns of 'adverse impact on profitability' even as subsidiary clinches $72 mil letter of award
The circuit breaker measures have resulted in the suspension of most of the construction works for the group’s ongoing projects, as well as the closure of its construction sites except for three essential ones.
April 20, 2020
Deals, joint ventures & alliances
Zico Holdings joins forces with Yamada Consulting Group to fund Asean SMEs
SINGAPORE (Apr 17): The Covid-19 pandemic has rattled global markets and investor sentiments worldwide in a manner similar to the Global Financial Crisis in 2008 and Dotcom bust in the 1990s. But for Chew Seng Kok, managing director of Kuala Lumpur-based
April 17, 2020
Sustainability
Keppel O&M, EMA ink $10 mil partnership, launch grant call to develop energy solutions in marine sector
“We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions,” says EMA’s chief executive Ngiam Shih Chun.
April 15, 2020
Covid-19
ComfortDelGro taxis double up as RedMart's grocery delivery vehicles amid virus woes
Come end-April, some of these taxis will double up as grocery delivery vehicles for RedMart, the online grocery arm of Lazada, which has seen a surge in requests for home deliveries.
April 14, 2020
Covid-19
Q&M eyes joint venture with 2 China companies to manufacture surgical masks
The Covid-19 outbreak has led to a surge in prices for surgical masks, on the back of a worldwide shortage in supply.
March 12, 2020
Disruption and Digitalisation
Grab, Singtel eye Singapore's under-banked for digital venture
SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.
December 31, 2019
Disruption and Digitalisation
Grab and Singtel to jointly apply for digital full bank licence as application deadline nears
SINGAPORE (Dec 30): Ride-hailing firm Grab Holdings and Singapore’s largest telco Singtel are forming a consortium to apply for a digital full bank licence in Singapore, reported the companies on Monday.
December 30, 2019
Deals, joint ventures & alliances
BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank
(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.
December 23, 2019
Deals, joint ventures & alliances
Koufu enters into another JV for Indonesian expansion after first JV failed to take off
SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate the Supertea and R&B Tea brans in Indonesia.
December 18, 2019
Deals, joint ventures & alliances
ARA and Logos form strategic partnership to establish logistics real estate development
SINGAPORE (Dec 12): ARA Asset Management will partner integrated logistics property specialist Logos Group to establish a logistics real estate development and investment management partnership in the Asia Pacific region.
December 12, 2019