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vietnam
M&A
GIC said to make another Vietnam bet with Masan group stake
(Oct 6): GIC, the Singapore sovereign wealth fund, is making another bet on Vietnam by purchasing a stake in local conglomerate Masan Group Corp, people with knowledge of the matter said.
October 08, 2018
US-China trade war
US-China trade tussle is creating winners in Southeast Asia
(Sept 19): “No one wins from a trade war,” is a standard refrain among economists. Southeast Asian businesses are trying to prove that maxim wrong.
September 19, 2018
Broker's Calls
Keppel Corp on track to regain shareholders' trust, says CGS-CIMB
SINGAPORE (May 22): CGS-CIMB Securities is reiterating its “add” call on Keppel Corporation with an unchanged target price of $10 while highlighting the stock as its preferred pick in the capital goods sector as well as a “solid long-term investment
May 22, 2018
Amplefield to jointly develop horseracing facilities for upcoming HCMC 'racino' resort
SINGAPORE (Apr 3): Property developer Amplefield has signed a memorandum of agreement (MoA) with Equine Sanctuary (Malaysia), a provider of vet care and animal products for small animals and horses, to jointly work on horseracing facilities at an upcoming
April 03, 2018
Olam secures US$163 mil worth of medium-term loans
SINGAPORE (Mar 28): Olam International says it has secured a total of US$163 million ($213.4 million) in loans from Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA).
March 28, 2018
Startups, Entrepreneurs, Digital economy
KPMG acquires Singapore mobile app developer Rainmaker Labs
SINGAPORE (Mar 21): KMPG says it has acquired the Singapore and Vietnam businesses of Rainmaker Labs, a Singapore-headquartered enterprise mobile application (app) developer and consultancy.
March 21, 2018
CapitaLand ups the ante in Vietnam with investments worth total $456 mil
SINGAPORE (Mar 1): CapitaLand announced Thursday it has acquired a prime site for its first integrated development in Vietnam’s capital city, Hanoi.
March 01, 2018
Property
Construction starts for Ascendas-Singbridge JV project, Office Tower 1 at OneHub Saigon
SINGAPORE (Jan 16): Ascendas-Singbridge, together with its joint venture (JV) partner Saigon Bund Capital Partners, have started construction works for Office Tower 1 at One Hub Saigon in Vietnam.
January 16, 2018
Banyan Tree gets verbal approval from Vietnam PM for Hue resort
SINGAPORE (Jan 8): Banyan Tree’s resort in Hue, Vietnam – Laguna Lang Co – has obtained approval from the Vietnamese Prime Minister Nguyen Xuan Phuc to build a casino.
January 08, 2018
Property
Chip Eng Seng to acquire 60% stake in Ho Chi Minh City mixed development for $26.3 mil
SINGAPORE (Jan 2): Chip Eng Seng’s subsidiary in Vietnam, Viet Investment Link Joint Stock (VietLink) is acquiring a 60% stake in a Vietnam development known as Soai Kinh Lam Apartment – Commerce Center, in District 5 of Ho Chi Minh City, for US$19.7
January 02, 2018