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Daily Briefing: NUS to co-invest in 30 deeptech startups annually; Blockchain startup Sky Mavis bags $2.04m funding
Daily Briefing: NUS to co-invest in 30 deeptech startups annually; Blockchain startup Sky Mavis bags $2.04m funding
And Hong Kong’s Artyzen Hospitality Group will expand to Singapore.
Which e-wallet app is the most used in Singapore?
GrabPay topped the list of most number of active users and most downloads in a month.
Fintech Rapyd launches all-in-one Singapore payment platform
It enables users to make payments, convert cash, and receive funds electronically via a single platform.
Mastercard and Tappy Technologies to embed payment chips into accessories
This setup will be first seen in analogue watches by Timex Group.
SIA's bookings to get boost from long-haul flights
Passenger load factor edged up 1.2ppt to 84.8 in September.
Singtel eyes buying renewable energy from Australia
It expects to land a deal by mid-2020.
Singapore hotels slash check-in time via facial recognition tech
Check-in times could be reduced by as much as 70%.
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
General Electric invests $60m in gas turbine repair centre in Singapore
The centre will start repairing components in 2021.
Sembmarine delivers semi-submersible rig to Helix Energy Solutions
It is used for well intervention and decommissioning in waters up to 3,000m deep.
SPH REIT banks on rising consumer spending with Westfield Marion buy
The mall’s proximity to several government-backed projects nearby will boost spending in the long run.
SEEDS Capital, MPA seek to invest $60m in Singapore maritime tech
The two groups are looking for joint investors.
SPH REIT buys 50% stake in South Australia's largest mall for $636.5m
Westfield Marion attracts 13.5 million annual visitors with a 99.3% occupancy.
Genting Singapore's profit plunged 24.5% YoY to $158.9m in Q3
Weaker volumes in the gaming segment caused the drop.
Chart of the Day: Check out the top hotel investment transactions for 2019
Ascott Raffles Place’s 268 rooms sold for an average of $2.4m each.
Daily Briefing: Temasek leads funding in US-based Bowery Farming; Fintech Xfers launches stablecoin pilot
And parenting portal theAsianparent closes its Series C funding.
Daily Markets Briefing: STI up 0.71%
Capitaland led the gains amongst top active stocks with a 1.91% rise.
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Commentary
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