Grab will acquire Singapore’s third-largest taxi operator Trans-cab, which has a fleet of more than 2,500 vehicles. Announcing…
Category: EQUITY/M&A
INVESTORS URGED TO USE EXCHANGE-TRADED DERIVATIVES TO MINIMISE RISKS
Businesses and individual investors can employ exchange-traded derivatives to mitigate investment risks, while safeguarding their portfolio…
GRAB LAYOFF 1,000 IN HEADCOUNT, SIGNALLING TOUGH TIMES
Singapore-based Grab, Southeast Asia’s leading ride-hailing and food-delivery app, has announced it will fire 1,000 people,…
MALAYSIA EQUITIES TO RECOVER PENDING GLOBAL RECOVERY
Bursa Malaysia’s performance is expected to recover when the global interest rate environment is more stable,…
US$713M IPO BY AMMAN MINERAL IPO CLOSES IN POSITIVE TERRITORY
Amman Mineral Internasional ended 3.5 per cent higher in its stock market debut on Friday after…
EPF TO BOOST INVESTMENT INCOME IN 2Q
The Employees Provident Fund (EPF) is aiming for the group’s investment income to improve in the second quarter of…
SINGAPORE REITS: RISKS & UPSIDE
Real estate investment trusts (REITS) listed here with office assets in the United States are feeling…
GLOBAL STOCKS UP AS YEN TUMBLES & BOJ EASES MEASURES
Global stock markets mostly rose yesterday following modestly positive economic data in Europe and the United…
TELKOMSEL MERGES WITH BROADBAND ARM
Move comes as the telecom looks to expand in Indonesia’s fixed broadband market. PT Telekomunikasi Selular…
RED BULL’S NET WORTH RISES TO US$27 BILLION
The Thai family behind Red Bull, the Yoovidhyas, is benefiting from the return of party life,…