Daily Briefing: Grab closes record fundraiser; Comparing DBS and OCBC home loans

And here are three important facts about the semiconductor industry right now.

From Tech in Asia:

Yesterday’s news that Hyundai invested in Grab marks the close of its series G fundraise, which is now the biggest funding round in Southeast Asian history based on publicly available data, the ride-hailing firm told Tech in Asia. Softbank, Didi Chuxing, and Toyota are also known to have participated in the oversubscribed round, which brings Grab’s total equity funding to over US$4m.

Read more here.

From MoneySmart:

Sick of playing catching with DBS’ home loan rate, OCBC has dropped their fixed deposit-linked home loan rate, the OCBC FDMR, and introduced a new OCBC Home Rate, or OHR.

Yes, Singapore has yet another acronym to deal with, but in this case, it’s a very good thing. Here’s why you should definitely consider the new OHR when getting a new home loan or refinancing your existing one.

Read more here.

From The Motley Fool:

The semiconductor sector is highly competitive with numerous companies trying to take advantage of the boom in semiconductor demand in recent years. As such, semiconductor manufacturers need to constantly upgrade their product and technology to produce the best and most cost-efficient product.

The speed at which the industry has grown can be illustrated using Moore’s law. Gordon Moore, the co-founder of Intel, predicted that the number of transistors on a chip will double every two years. This has challenged industry players to constantly upgrade their technology to try to keep pace with the industry as a whole. If you fall behind, you will inevitably be left eating the dust of the competition.

Read more here.

Follow the link for more news on

OCBC Bank

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia