investment

Grab gets another investment from Hyundai of $343m

SEOUL (REUTERS) - Hyundai Motor Co has raised its stakes in growing South-east Asian markets with a US$250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases...

PropertyGuru snags $200m funding from private equity giant KKR

PropertyGuru has pulled in $200 million from KKR & Co, raising funds for the first time in three years as South-east Asia's largest real estate portal prepares to delve into new business areas...

SoftBank in talks to buy majority stake in loss-making WeWork for up to US$20b: Report

SAN FRANCISCO (REUTERS) - Japan's SoftBank Group Corp is in discussions to buy a majority stake in US shared office space provider WeWork Cos, a source said, potentially doubling down on one of...

Microsoft investing in Grab as part of tech tie-up

Microsoft will invest an unspecified amount in Grab as the ride-hailing giant adopts the US company's Azure as its preferred platform for cloud services.

Singapore-based Transcelestial raises S$2.5m in seed funding to deliver space laser network

SINGAPORE - Transcelestial Technologies, a Singapore-based space technology start-up, said on Friday (Sept 21) that it raised $2.5 million in December from a seed funding round led by Wavemaker...

How Parkway Trust Management stays nimble in a growing aged care sector

Listed on the mainboard of the Singapore Exchange since 2007, with an initial portfolio of three hospital properties in Singapore, Parkway Life Reit has grown to become one of Asia's largest...

Ex-COO works with ex-offenders to make a difference

When Mr Daniel Teo decided to leave his well-paying job at ABN Amro Bank Singapore in 2016, his friends thought he was crazy to retire at 56.

Singapore budget hotel start-up RedDoorz enters the Philippines, its 3rd South-east Asian market

SINGAPORE - RedDoorz, a Singapore-based start-up that runs a budget hotel booking platform, on Wednesday announced its expansion into the Philippines, for which it has invested over US$5 million...

Best advice this music composer had to live by: Spend, save, give

DANIEL LIM, 25

Content strategist and music composer, earning $3,000 to $4,000

Q When did you start your financial...