Singapore’s Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) trading…
Category: EQUITY/M&A
2024 LENDING INCOME AT MOST APAC BANKS SET TO FALL
Lending incomes at many large Asia-Pacific banks are expected to dip in 2024, as margins come…
GRAB RAISES 1Q PROFIT FORECAST
Grab Holdings raised its full-year profit forecast on Wednesday (May 15) after reporting a higher-than-expected quarterly revenue,…
SIA TO PAY 8 MONTH BONUS FOLLOWING RECORD PROFITS
Singapore Airlines (SIA) staff will receive a bonus of almost eight months’ salary, following the airline’s record…
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…
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…
MICROSOFT TO INVEST $1.7B IN INDONESIA
Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’.…