Temasek

Startups continue to raise funds amid Covid-19

STARTUPS in South-east Asia have continued to close funding rounds despite the slowdown in investor activity due to the economic impact of Covid-19. Companies from logistics service providers to...

Quest Ventures looks to bridge S-E Asia and Central Asia with second fund

LOCAL venture firm Quest Ventures is vying to strengthen startup collaborations between Central Asia and South-east Asia, having clinched the support of Kazakhstan's QazTech Ventures to hit the...

Should investors participate in SIA's big rights issue?

UNLESS I have no choice in the matter, I never fail to choose Singapore Airlines (SIA) over its competitors when I travel, even if it means paying more for the ticket. And, let's face it, flying...

SIA cost cuts continue as S$15b from cash call must 'last as long as possible'

WITH no certainty as to when the Covid-19 outbreak will abate, Singapore Airlines (SIA) will continue to press ahead with cutting spend, even after announcing a S$15 billion cash call last week...

CapitaLand, SMRT join wage-saving moves

JUST days after Singapore state investment firm Temasek announced a wage freeze and voluntary senior management pay cut, property giant CapitaLand and SMRT Corp said they are also slashing wages...

Temasek to freeze wages; senior management to take voluntary pay cut

AMID the challenging situation resulting from the Covid-19 disease outbreak, Singapore state investment firm Temasek is implementing a firm-wide wage freeze and asking senior management to take a...

BlackRock, Temasek in talks on joint venture in China

[NEW YORK] BlackRock Inc and Temasek Holdings Pte reached an agreement to start an asset management business in China along with one of the country's biggest banks.

Malaysian mobile operator U Mobile targets US$500m IPO

[KUALA LUMPUR] U Mobile, a Malaysian mobile service provider, is planning to raise about US$500 million in an initial public offering (IPO) in Kuala Lumpur, according to people familiar with the...

Temasek-backed Israeli-US retail logistics startup Fabric raises US$110m

[TEL AVIV] Israeli-US retail logistics company Fabric said on Wednesday it raised US$110 million in a funding round led by Corner Ventures, bringing its total raised to date to US$136 million.

Ascott Reit's whirlwind merger to lead the global hospitality space

IT took a matter of three days for the proposed S$1.2 billion merger between Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) to be approved and unveiled to the public.