Archive

Swiss IT Firm Zühlke Expands Its Global Network With New Vietnam Office

The Zühlke Group, a Swiss-based IT service management company, announced the opening of a new office in Ho Chi Minh City, Vietnam scheduled for the first half of 2021. This latest addition has grown its network to 16 offices in

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The State of Open Banking in Australia in 2021

The introduction of the Consumer Data Right (CRM) on July 1, 2020 saw the launch of the first phase of open banking in Australia, marking the debut of a new era in the domestic banking sector. Now more than six

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Zebra Technologies Expands Its Footprint to APAC With Singapore Headquarters

Multinational corporation Zebra Technologies announced that it has opened its expanded Asia Pacific (APAC) headquarters in Singapore. The official launch of Zebra’s expanded APAC headquarters comes as Singapore embarks on Phase 3 of its economy reopening. Zebra’s APAC headquarters will

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Indonesian E-Wallet OVO Rolls Out in-App Investment Product

Indonesian e-wallet unicorn OVO has tied up with Manulife Aset Manajemen Indonesia (MAMI) and its strategic partner Bareksa to roll out an instant redemption mutual fund. OVO claims that this offering is the first of its kind in Indonesia. The

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MAS and SGX Raises Red Flag Amidst US’ GameStop Trading Frenzy

The Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have urged the public to be on heightened alert to the risks related to trading in securities incited by online discussion forums and social media chat groups. MAS and

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Singapore Police and MAS Launch Probe Into Crowdfunding Platform CoAssets

The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have launched a joint investigation into various companies under the CoAssets Group for possible offences under the Penal Code and the Securities and

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Grab Upsizes Term Loan Facility to US$2 Billion Following Strong Interest From Investors

Grab, a Southeast Asian superapp, announced the successful close of its first senior secured term loan facility following commitments from international institutional investors. The term loan facility will allow Grab to strengthen its liquidity and diversify its financing sources. The

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Validus Partners Proptech Startup Really Singapore to Offer Collateral-Free Loans for SMEs

Really Singapore, a proptech startup specialising in a full suite cloud-based data-driven property management software solution, and Validus, a Singaporean SME financing platform, have partnered to enable pre-approved working capital for SMEs providing products and services to property owners with

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ECXX Ties up With UOB Kay Hian to Offer Securitised Token Offerings

ECXX Global, a Singaporean asset-based digital securities exchange, announced that it has collaborated with regional brokerage UOB Kay Hian to bring in deep tech startups to their network and offer them the opportunity to list via Securitised Token Offerings (STOs)

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