business expansion

SINGAPORE (Aug 21): RHB is maintaining its “buy” call on MindChamps Preschool with a lowered target price of 94 cents, mainly due to a lower sector valuation.

(Aug 17): Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

(July 17): Temasek Holdings is developing an American accent. The Singaporean state investor, whose $308 billion portfolio includes stakes in companies such as Alibaba Group Holding, is still betting on the US, even as it grows more circumspect in deployi

SINGAPORE (July 2): China Aviation Oil (CAO) announced that it has acquired Navires Aviation Limited (NAL) for a consideration of US$8 million ($10.9 million) from Castleton Commodities Merchant Trading.

SINGAPORE (June 27): Singapore’s first Tsui Wah opened in Clarke Quay on Jun 15 by Jumbo Group and saw positive responses with many people queueing to enter to restaurant.

SINGAPORE (June 25): BreadTalk Group has several business expansion plans coming up, which has caught the attention of CGS-CIMB Securities.

SINGAPORE (June 18): Fabchem China is planning to fully acquire explosives products trader, Shandong Laizhou Ping’an Commercial Explosives, for RMB40.5 million ($8.5 million) in cash via the group’s wholly-owned subsidiary, Shandong Yinguang Technolog

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.

SINGAPORE (May 24): Go-Jek, the Indonesian-based ride hailing firm, will be investing $500 million in its international expansion strategy, entering four new markets – Vietnam, Thailand, Singapore and the Philippines – within the next few months.

SINGAPORE (Mar 26): Three years ago, Abdul Rahim Mohamad Wambri, known to his friends as Raye, led a team of tradesmen in the set-up of a business overseas. The group, which consisted of experts in work from plumbing to electrical wiring, spent about $100