Southeast Asia

Fintech

Southeast Asia fintechs upbeat on growth prospects amid funding worries

SINGAPORE (Mar 14): Financial technology (fintech) firms headquartered in Southeast Asia are optimistic on their prospects of revenue growth, expansion and their ability to take on the international market in the near-term even as funding issues linger,

Tech

Uber said to have reached in-principle agreement to sell Southeast Asia business to Grab

SINGAPORE (Mar 13): The battle between ride-hailing giants Grab and Uber Technologies for market share in Southeast Asia could draw to a close.

Art

Hammer time

SINGAPORE (Feb 26): In the sixth edition of the annual public sale of The Edge Auction, two oil paintings by Malaysia’s top artist, Latiff Mohidin, will be on offer — one from his 1997 Rimba series (86cm by 96cm) and the other from 1999 titled Tao Lan

Broker's Calls

Potential for ComfortDelGro's petrol business to offset declining diesel sales

SINGAPORE (Feb2): OCBC Investment Research is maintaining its “hold” call on ComfortDelGro Corporation (CDG) while raising its fair value to $2.02 from $2.05 previously on higher FY18-21 earnings by 1-3% to factor in petrol sales assumptions to offset

Startups, Entrepreneurs, Digital economy

Southeast Asia internet economy will reach US$50 bil this year

(Dec 13): Southeast Asia’s internet economy, spanning online travel to ride-hailing, will reach US$50 billion ($67.6 billion) this year, putting it on a solid trajectory to grow fourfold by 2025, according to a joint research report by Google and Temase

Investing strategies

Move over tech. Here come Southeast Asia’s builders

SINGAPORE (Dec 7): With at least US$323 billion in infrastructure spending in the pipeline in Southeast Asia and potentially more expected over the next few years, 2018 could well shape up as the year of builders’ stocks from Indonesia to the Philippine

IPO

NetLink Trust leads the way as Southeast Asia IPOs raise $10.4 bil so far this year

SINGAPORE (Nov 23): Capital markets across Southeast Asia have raised a total of $10.4 billion in 144 initial public offerings (IPOs) in the year up to mid-November – the highest amount raised in the region since 2014.

Singapore economy

Expect Singapore's 3Q GDP growth to be at its strongest this year: DBS

SINGAPORE (Nov 20): DBS is forecasting for Singapore’s 3Q17 gross domestic product (GDP) growth to be raised to 5.1% and 8.5% on a y-o-y and q-o-q seasonally annually adjusted rate (saar), respectively – up from the Ministry of Trade and Industry’s

Singapore Fintech Festival 2017

These countries are leading the way in the Asean fintech landscape

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).

Singapore's stock market finally getting some love again

SINGAPORE (Nov 10): Singapore’s stock market is finally getting some love again.
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