Money

Chew's Agriculture signs $27m sustainability-linked loan with DBS

Egg producer Chew's Agriculture has signed a 10-year, $27 million sustainability-linked loan with DBS Bank, to construct a new farm with larger cage-free facilities.

Cross-border QR payments between Singapore, Hong Kong possible with Liquid Group, JETCO partnership

LIQUID Group and Joint Electronic Teller Services (JETCO) are collaborating to enable cross-border QR payment acceptance in Singapore and Hong Kong, they said in a joint press statement on...

Citi to roll out consumer e-payments business in Asia and other markets by Q1 2020

CITI is aiming to launch its digital consumer payments business in Asia and elsewhere by the first quarter of 2020, so it can ride the wave of the region's growing flows and digital ecosystems,...

Third500 in talks with 35-40 US firms on pre-IPO financing leading to a listing

BOUTIQUE global investment bank Third500 is in "active dialogue" with some 35 to 40 venture-backed emerging US firms to provide them access to pre-IPO (Initial Public Offering) financing via...

Asian family offices, Insignia bless YouTrip with US$25.5m pre-Series A funding

IT MAY seem unconventional for an early-stage startup to receive strong backing from family offices. But YouTrip, a Singapore-based mobile wallet operator, sees this "patient capital" as a...

Venture firm Accel raises US$575m fund for Europe startups

[LONDON] Accel, a venture capital firm with offices in Silicon Valley, London and Bangalore, has raised a new $575 million fund aimed at early-stage companies in Europe and Israel.

Temasek’s Vertex raises US$230m for fourth South-east Asia fund

VERTEX Venture Holdings raised US$230 million in the first close of its fourth Southeast Asian fund to back technology startups across the region and India.

Singtel Indonesia associate Telkomsel, partners create US$40m fund for start-ups

SINGAPORE - Telkomsel, Singtel's regional associate in Indonesia, has created a new fund with an initial budget of US$40 million, in collaboration with Telkom's corporate venture capital (VC)...

Estate planning not just for the wealthy

Estate planner Eugene Soo believes we should all get our financial affairs in order so that when the fateful day comes and we do kick the bucket, everything will be squared away nicely.

Hyflux bonds are no Lehman Minibonds

Reactions to the financial woes of water treatment company Hyflux have been robust, with several commentators equating it to the Lehman Minibonds fiasco 10 years ago when some 10,000 retail...

 

 

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