FeaturedWealth ManagementDigital wealth management platform StashAway secures $16 mn fundingPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The funding round was led by Australian venture capital firm Square Peg... Read more
AviationFeaturedSingapore Airlines raises $542 mn by securing its aircraftPritam BordoloiJuly 28, 2020July 28, 2020 by Pritam BordoloiJuly 28, 2020July 28, 2020 The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s... Read more
BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
BankingFeaturedSingaporean digital banking company Percipient secures $5 mn fundingPritam BordoloiJuly 22, 2020July 22, 2020 by Pritam BordoloiJuly 22, 2020July 22, 2020 The funding round was led by Silicon Valley-based venture capital company Stat Zero... Read more
FeaturedLogisticsAustralian logistics startup Shippit launches in SingaporePritam BordoloiJuly 20, 2020 by Pritam BordoloiJuly 20, 2020 It has partnered with Shopify to provide its cash-on-delivery service... Read more
FeaturedReal EstateSingapore home sales up by 105% in June despite Covid-19 crisisPritam BordoloiJuly 16, 2020July 16, 2020 by Pritam BordoloiJuly 16, 2020July 16, 2020 Developers sold 998 non-landed private homes in June compared to 487 private homes in May... Read more
EconomyFeaturedSingapore’s GDP plunged 12.6% in the second quarterPritam BordoloiJuly 14, 2020July 14, 2020 by Pritam BordoloiJuly 14, 2020July 14, 2020 It is 8 percentage points higher than the 11.8% contraction expected by MAS... Read more
BankingFeaturedADBC signs MoU with Tencent to leverage its cloud technologyPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank... Read more
EconomyFeaturedSingapore’s GDP may contract by 34.6% in the second quarterPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 This could possibly mark the start of a recession... Read more
FeaturedFintechAMTD to acquire a controlling stake in Singapore’s Fomo PayPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 AMTD will complete the acquisition through a share swap and cash deal... Read more