Singapore
P2P lender Validus Capital clinches $20.5m in oversubscribed Series B round
P2P lender Validus Capital clinches $20.5m in oversubscribed Series B round
The funding proceeds will be used to enhance its AI and machine learning capabilities.
Grab bags US$1.46b of funding from Softbank
It will invest most of the funds in the expansion of its verticals and Indonesian business.
ESR REIT bags $155m unsecured loan facility
Australia and New Zealand Banking Group, CTBC Bank, and Standard Chartered acted as lenders.
WeWork opens mixed-purpose commercial development in 380 Jalan Besar
The firm’s next location will be unveiled in Funan on the second quarter of 2019.
ESR REIT files proofs of claim against Hyflux
Hyflux Membrane is one of the top 10 tenants of the REIT’s 8 Tuas South Lane property.
Here's a peek at ENGIE Factory Asia-Pacific's 3,500 sqft regional HQ
The space features a facial recognition system, writeable walls, and 5-metre high windows.
Singapore-based IIX launches US$100m bonds with Australian government
The bond programme will support the livelihoods of 1 million women in Asia.
Annual Workfare payouts for lower-income workers to hit over $1b by 2020
It will benefit about 440,000 Singaporeans.
Singapore eyes raising retirement and re-employment age
CPF payout eligibility age would remain at 65.
Jalan Kilang light industrial development launched for sale
The eight-storey property features a roof terrace and basement carpark.
No ‘meaningful' earnings growth for Singtel in 12-18 months: Moody's
Its leverage has risen 2.03x and has hurt its operating and financial profile.
Daily Briefing: Singapore's flexi-work scheme gets $70m funding boost; China's YY buys livestream startup Bigo for $1.97b
And a Barclays executive ditches his job for Standard Chartered Singapore.
Daily Markets Briefing: STI down 0.52%
Wall Street's weakness could tone down gains today.
Chart of the Day: Share buybacks hit $31.9m in February
ST Engineering repurchased around 4 million shares to account for nearly half of the monthly figure.
Hyflux woes see no end as PUB warns takeover of Tuaspring plant
Tuaspring struggled to keep the plant ‘reliably operational’ to deliver the required desalinated water.
Singapore to raise insurance cover for overseas project funding to $50m
It wants to boost support for local businesses’ overseas expansion.
Compact Metal Industries to delist on 8 March
The high court has approved its proposed restructuring scheme.
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