Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia Tbk posted on Monday a first-quarter underlying loss…
Category: EQUITY/M&A
MICROSOFT TO INVEST $1.7B IN INDONESIA
Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’.…
MALAYSIA CHARTING ITS WAY INTO HIGHER GROWTH
Led by Prime Minister Anwar Ibrahim since 2022, Malaysia is slowly leaving behind its troubled past,…
HSBC SETS UP US$1B GROWTH FUND
HSBC on Wednesday (Mar 27) said it is setting up a US$1 billion growth fund called…
CEO OF DBS AIMING FOR 15%-17% ROE in 3-5 YEARS
SINGAPORE: Singapore’s biggest bank DBS Group is confident of achieving a return on equity (ROE) of…
SINGAPORE BANK’ EARNINGS MOMENTUM TO LOSE STTEAM ON FUNDING COSTS, RATE CUTS
Singapore banks’ earnings momentum is set to lose steam this year amid rising funding costs and…
SWIFTONOMICS EXPECTED TO BOOST SINGAPORE’S GDP: CNA
One economist expects Taylor Swift’s concerts to add around S$300 million to S$400 million to Singapore’s…
SEA TURNS IN FIRST ANNUAL PROFIT AS E-COMMERCE PAYS OFF
Singapore-based Sea delivered its first annual profit since the internet firm’s market debut in 2017, as…
TYCOON ON TRIAL IN VIETNAM FOR FRAUD
Truong My Lan is accused of swindling the cash from Saigon Commercial Bank, in which she owned…
MALAYSIA’s CAPITAL A PAVES WAY FOR MERGER OF AIRASIA’S GLOBAL OPERATIONS
Malaysia’s Capital A Berhad said on Monday (Jan 8) it intends to sell its aviation business…