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UNCERTAINTY INHIBITS M&A: POOR OUTLOOK IN 2024

Uncertainty kills deals’: finance M&A likely to stay subdued after Q1 decline Mergers and acquisitions in…

OCBC PLANS TO TAKE GREAT EASTERN PRIVATE

Singapore’s second-biggest lender, OCBC, unveiled a S$1.4 billion offer on Friday (May 10) to buy the…

DBS BEATS FORECASTS WITH POSITIVE OUTLOOK AHEAD

Singapore’s biggest bank DBS Group reported on Thursday (May 2) first-quarter results that trumped expectations with…

HIN LEONG FOUNDER IN SINGAPORE GULTY OF US$111M FORGERY

OK Lim was still the “big boss” of oil trader Hin Leong and had instructed employees…

SingTel SHARES FALL BY 3% FOLLOWING US$2.3B IMPAIRMENT

Shares of Singapore Telecommunications (Singtel) fell as much as 3.3 per cent on Monday (Apr 29)…

GoTo POST Q1 ADJUSTED EBITDA AT $6.28M

Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia Tbk posted on Monday a first-quarter underlying loss…

TRADETRUST: SEAMLESSLY ENSURING AUTHENTICITY FOR SMARTER, SAFER TRADE

IMDA’s TradeTrust framework enables governments and businesses to issue, exchange and verify trade documents risk-free, with…

MALAYSIA ANNOUNCES RECORD HIKE IN WAGES, AS MYR FALLS

Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be ‘best…

ASIA’S FIRST SPOT BITCOIN/ETHER TRADING IN HK

Hong Kong on Tuesday (Apr 30) launched trading of Asia’s first spot bitcoin and ether exchange-traded…

MICROSOFT TO INVEST $1.7B IN INDONESIA

Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’.…