FintechAMTD Digital bags $285 mn in a fresh funding roundPritam BordoloiSeptember 18, 2020 by Pritam BordoloiSeptember 18, 2020 Its lists of investors include Value Partners and Greater Bay Area Homeland Investments among others... Read more
LogisticsCainiao, Alibaba’s logistic arm, to expand last mile network in SingaporePritam BordoloiSeptember 17, 2020 by Pritam BordoloiSeptember 17, 2020 The network will comprise over 1,600 collection points, 600 couriers and 500 lockers island-wide... Read more
TechnologyAlibaba to invest $3 bn in Singapore’s ride-hailing giant GrabPritam BordoloiSeptember 15, 2020 by Pritam BordoloiSeptember 15, 2020 The ecommerce giant will acquire some of the Grab stock held by Uber... Read more
InsuranceAviva sells 75% of its Singapore business to rival SinglifePritam BordoloiSeptember 14, 2020 by Pritam BordoloiSeptember 14, 2020 The deal is expected to be completed in 2021... Read more
AviationSingapore Airlines to let go 20% of its workforce as pandemic takes tollPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 Around 4300 employees are expected to lose their job... Read more
FintechSingaporean fintech Thunes raises $60 mn to expand in Africa, LaTamPritam BordoloiSeptember 10, 2020 by Pritam BordoloiSeptember 10, 2020 The funding round was led by Helios Investment Partners... Read more
Real EstateSoutheast Asia’s leading proptech PropertyGuru secures $220 mn fundingPritam BordoloiSeptember 9, 2020September 9, 2020 by Pritam BordoloiSeptember 9, 2020September 9, 2020 The company will use the funds to expand in Southeast Asia... Read more
FintechGrab to raise around $500 mn to boost its fintech divisionPritam BordoloiSeptember 9, 2020September 9, 2020 by Pritam BordoloiSeptember 9, 2020September 9, 2020 The company is in talks with Prudential, AIA Group... Read more
EconomySingapore’s GDP to decline by 6% in 2020, survey revealsPritam BordoloiSeptember 8, 2020September 8, 2020 by Pritam BordoloiSeptember 8, 2020September 8, 2020 In an earlier survey, GDP was expected to contract by 5.8%... Read more
FinanceGIC joins consortium to invest $ 418 mn in Chinese healthcare firm I-labPritam BordoloiSeptember 7, 2020September 7, 2020 by Pritam BordoloiSeptember 7, 2020September 7, 2020 The consortium is led by Hillhouse Capital Group... Read more