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investments
Fintech
Fintech investments to get a boost with new industry-wide research platform
SINGAPORE (Nov 12): Even as fintech start-ups struggle to raise capital, investors and financial institutions bemoan the lack of access to information that can help them source companies that could be investment opportunities.
November 12, 2019
Company in the news
Singapore's Vertex adds $290 million venture fund for high-growth tech firms
SINGAPORE (Sept 12): Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million venture capital fund targeting investments in high-growth technology firms, a senior company o
September 12, 2019
US-China trade war
Singapore pushes for mediation role as trade war breeds disputes
(July 11): Singapore wants to position itself as a hub for business mediation to help resolve commercial conflicts, at a time when tensions between the US and China could affect investments and trade flows.
July 11, 2019
Global stocks
EPS growth of global markets likely to slow from 16% to 5%: Citi 2H outlook
SINGAPORE (June 25): Diversify your investments; Don’t time the markets; and look at opportunities in Emerging Markets, says Citi Private Bank in its mid-year outlook report.
June 25, 2019
Property
Metro bets on decentralised office market with $45.6 mil investment in Tampines property
SINGAPORE (April 18): Metro Group has acquired 7 & 9 Tampines Grande, a premium Grade A office property in Singapore, through a 50:50 joint venture (JV) between its subsidiary Metrobilt Construction and an affiliate of SRIF GP.
April 19, 2019
Startups, Entrepreneurs, Digital economy
Grab sets sights on US$6.5 bil capital mark
SINGAPORE (April 8): Grab Holdings is expecting to rake in further US$2 billion ($2.71 billion) in funding to bring its total capital raised this year to US$6.5 billion, following its Series H round which saw SoftBank and other key strategic investors inv
April 08, 2019
Deals, joint ventures & alliances
Keppel acquires minority stake in EV battery business for $68 mil
SINGAPORE (April 1): Keppel Corporation, through its wholly-owned subsidiary KepVenture, is investing US$50 million ($67.7 million) for a minority stake in Envision AESC Group.
April 01, 2019
Singapore wealth fund GIC 'hopeful' on ambitious Brazil pension plan
SINGAPORE (Mar 19): Singapore’s sovereign wealth fund GIC Pte has grown more optimistic about Brazil.
March 19, 2019
M&A
China Sunsine to acquire land in Shandong for $505 mil investment project
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical produ
March 13, 2019
Update
Singapore Medical Group announces $50 mil share purchase from existing shareholder CHA
SINGAPORE (Feb 20): Singapore Medical Group (SMG) says its 6.86% shareholder CHA Healthcare Singapore (CHAS) is increasing its stake in the group to 24.13% by purchasing existing shares from certain SMG shareholders via a $50 million investment.
February 20, 2019