ar Singapore’s ARA, tycoon John Lim buy 52.08% stake in crowdfunding platform Minterest By www.dealstreetasia.com Published On :: Tue, 05 May 2020 06:32:55 +0000 The deal marks ARA Asset Management's entry into the fintech sector. The post Singapore’s ARA, tycoon John Lim buy 52.08% stake in crowdfunding platform Minterest appeared first on DealStreetAsia. Full Article ARA ARA Asset Management Ltd John Lim John Lim Family Office
ar Deutsche Bank unit DWS acquires warehouse in Singapore By www.dealstreetasia.com Published On :: Wed, 06 May 2020 04:18:06 +0000 The property benefits from a prominent location in Jurong close to the upcoming Tuas Megaport. The post Deutsche Bank unit DWS acquires warehouse in Singapore appeared first on DealStreetAsia. Full Article DWS
ar StarHub’s Strateq deal offers ‘reasonable’ valuation: DBS By www.dealstreetasia.com Published On :: Fri, 13 Mar 2020 06:34:42 +0000 The acquisition price of $58.36 million works out to 20 times price-to-earnings ratio. The post StarHub’s Strateq deal offers ‘reasonable’ valuation: DBS appeared first on DealStreetAsia. Full Article Strateq
ar Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban By www.dealstreetasia.com Published On :: Wed, 18 Mar 2020 13:52:15 +0000 Most economists have cemented their expectations for the MAS to ease policy at its review scheduled for April. The post Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban appeared first on DealStreetAsia. Full Article ANZ MAS
ar COVID-related assistance emerges for SEA’s hard-hit startup ecosystem By www.dealstreetasia.com Published On :: Thu, 02 Apr 2020 17:46:07 +0000 VCs, startups and industry associations have banded together to offer funds and assistance. The post COVID-related assistance emerges for SEA’s hard-hit startup ecosystem appeared first on DealStreetAsia. Full Article COVID-19 Cradle Seed Ventures Kejora Venturs Malaysia RHL Ventures Vynn Capital
ar Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier By www.dealstreetasia.com Published On :: Mon, 06 Apr 2020 17:03:10 +0000 Golden Skies Ventures has secured financing for the deal from an undisclosed European bank. The post Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier appeared first on DealStreetAsia. Full Article Golden Skies Ventures Malaysia Airlines
ar Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years By www.dealstreetasia.com Published On :: Wed, 15 Apr 2020 06:18:04 +0000 It was the company’s first bond sale since a $5 billion offering in March 2015. The post Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years appeared first on DealStreetAsia. Full Article Petronas
ar Southeast Asia’s realty market braces for short-term instability By www.dealstreetasia.com Published On :: Fri, 17 Apr 2020 00:25:29 +0000 The crisis has also unearthed new opportunities for investors eyeing distressed hospitality and retail assets. The post Southeast Asia’s realty market braces for short-term instability appeared first on DealStreetAsia. Full Article COVID-19 Jones Lang LaSalle (JLL) Knight Frank
ar Ekuinas CEO says lower startup valuations to spark M&A frenzy By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 23:02:42 +0000 Ekuinas CEO Syed Yasir said the current market volatility is an opportunity to acquire distressed assets. The post Ekuinas CEO says lower startup valuations to spark M&A frenzy appeared first on DealStreetAsia. Full Article Ekuinas
ar Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 09:50:00 +0000 The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share. The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia. Full Article Serba Dinamik Holdings Bhd
ar Malaysia’s ambition to become a digital economy hub still at the halfway mark By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 00:30:56 +0000 The digital adoption rate of SMEs in Malaysia remains low and its e-commerce industry is still in its infancy. The post Malaysia’s ambition to become a digital economy hub still at the halfway mark appeared first on DealStreetAsia. Full Article digital economy Malaysia Digital Economy Corporation (MDEC) SMEs
ar SC Malaysia allows distribution of capital market products via e-service platforms By www.dealstreetasia.com Published On :: Tue, 05 May 2020 10:07:56 +0000 SC will facilitate the online distribution of capital market products such as unit trusts. The post SC Malaysia allows distribution of capital market products via e-service platforms appeared first on DealStreetAsia. Full Article e wallet e-payments platform Malaysia’s Securities Commission
ar Japanese PE investor INCJ mulls stake sale in Axiata tower arm By www.dealstreetasia.com Published On :: Thu, 07 May 2020 21:37:38 +0000 INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017. The post Japanese PE investor INCJ mulls stake sale in Axiata tower arm appeared first on DealStreetAsia. Full Article Axiata edotco INCJ
ar SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service By www.dealstreetasia.com Published On :: Thu, 16 Apr 2020 02:44:25 +0000 Philippines-based cloud kitchen startup CloudEats has secured $1.4 million in a seed funding round led by an undisclosed local family office. The post SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service appeared first on DealStreetAsia. Full Article CloudEats LinkAja
ar Gojek-Grab battle in Indonesia opens way for US mapping startup By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 14:34:37 +0000 StreetCred hopes super apps battling for dominance in Indonesia will find its data equally valuable. The post Gojek-Grab battle in Indonesia opens way for US mapping startup appeared first on DealStreetAsia. Full Article Gojek Grab
ar Why Salim Group is no underdog in Indonesia’s startup scene By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 23:48:32 +0000 A big challenge for Salim Group and its investment ambitions could be its transition to a new generation. The post Why Salim Group is no underdog in Indonesia’s startup scene appeared first on DealStreetAsia. Full Article Family offices Indomaret PT IndoFood Sukses Makmur TBK Salim Group
ar Southeast Asian startups tighten purse-strings as coronavirus hits revenue By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 04:21:01 +0000 Many startups are scrambling to cut costs - slicing payrolls and the wages of those still on the job. The post Southeast Asian startups tighten purse-strings as coronavirus hits revenue appeared first on DealStreetAsia. Full Article cash burn coronavirus FOMO Pay
ar StanChart, Astra agree to reduced sale price for stake in Bank Permata By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 16:08:33 +0000 The purchase price values Permata at 1.63 times its book value as of March 31, down from 1.77. The post StanChart, Astra agree to reduced sale price for stake in Bank Permata appeared first on DealStreetAsia. Full Article Bank Permata StanChart
ar Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 23:28:57 +0000 The VC, however, has shelved its plans to launch its next fund that was slated to invest in B2B, among others. The post Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund appeared first on DealStreetAsia. Full Article EverHaus goKampus ReCharge
ar PE firm Northstar makes first close of Indonesia-focused fifth fund By www.dealstreetasia.com Published On :: Wed, 22 Apr 2020 02:47:31 +0000 The first close represents one-third of the fund’s $800-million target. The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia. Full Article Northstar Group
ar Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 00:58:49 +0000 The number of deals touched 146 in the first quarter this year, compared to 127 in the same period last year. The post Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year appeared first on DealStreetAsia. Full Article
ar [Updated] Hotel operator RedDoorz declares force majeure in Indonesia By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 08:27:55 +0000 RedDoorz said it was unable to fulfil its commitments on its contracts due to COVID-19 outbreak The post [Updated] Hotel operator RedDoorz declares force majeure in Indonesia appeared first on DealStreetAsia. Full Article RedDoorz
ar Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure By www.dealstreetasia.com Published On :: Fri, 24 Apr 2020 23:33:35 +0000 Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business. The post Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure appeared first on DealStreetAsia. Full Article Accel Partners India Monk's Hill Partners Stoqo
ar Asia Digest: Shorooq backs 360VUZ; Amartha CEO steps down By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 06:09:10 +0000 The Series A round has brought 360VUZ’s total funding amount to $7 million. The post Asia Digest: Shorooq backs 360VUZ; Amartha CEO steps down appeared first on DealStreetAsia. Full Article 360VUZ Amartha ruangguru Shorooq Partners
ar SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 00:58:56 +0000 MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura also joined the round. The post SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund appeared first on DealStreetAsia. Full Article Centauri Fund Qoala
ar Indonesia halts job creation bill targeting foreign investment By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 05:23:11 +0000 The omnibus bill on job creation limits increases in the minimum wage and eases conditions for firing employees. The post Indonesia halts job creation bill targeting foreign investment appeared first on DealStreetAsia. Full Article
ar Grocery, food startups gain as online demand soars amid pandemic By www.dealstreetasia.com Published On :: Wed, 06 May 2020 00:40:32 +0000 SEA recorded a 54 per cent jump in online sales year-on-year between Jan 13 and April 5. The post Grocery, food startups gain as online demand soars amid pandemic appeared first on DealStreetAsia. Full Article Blibli Bukalapak Mbiz SayurBox Shopee Tokopedia Venturra
ar IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis By www.dealstreetasia.com Published On :: Wed, 06 May 2020 03:13:06 +0000 Pasarpolis raised a Series A funding round from unicorns, Gojek, Traveloka and Tokopedia, in 2018. The post IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis appeared first on DealStreetAsia. Full Article International Finance Corporation (IFC) Pasarpolis
ar Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure By www.dealstreetasia.com Published On :: Thu, 07 May 2020 00:41:05 +0000 The decision to completely shut down its operations comes after significant downsizing by the company. The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia. Full Article Airy
ar Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services By www.dealstreetasia.com Published On :: Thu, 07 May 2020 00:42:07 +0000 There are several logistics deals in the pipeline that would likely be closed as early as by June. The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia. Full Article ACVentures KarGo Sicepat Ekspres Waresix
ar SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm By www.dealstreetasia.com Published On :: Thu, 07 May 2020 05:42:16 +0000 Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI). The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm appeared first on DealStreetAsia. Full Article Cashlezz j fintech JMART kb kookmin card
ar 34 more test positive for COVID-19 in Bihar, total count 629 By economictimes.indiatimes.com Published On :: 2020-05-10T10:49:15+05:30 Of the 34, 11 hail from Begusarai, seven each from Saharsa and Madhepura, five, including a woman, from Rohtas, two from Darbhanga and one each from Khagaria and Araria districts. Full Article
ar Indian, Chinese troops clash near Naku La in Sikkim sector By economictimes.indiatimes.com Published On :: 2020-05-10T10:54:02+05:30 "Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source. Full Article
ar Five cities that contribute nearly 50% of total cases key to India's Covid success By economictimes.indiatimes.com Published On :: 2020-05-10T11:02:16+05:30 These five cities are important to contain the spread of the coronavirus and help India flatten the curve. The respective state governments should strengthen containment strategies and undertake rigourous testing and contact tracing to bring the situation under control. Full Article
ar First batch of 88 nurses from India arrive in UAE By economictimes.indiatimes.com Published On :: 2020-05-10T12:16:17+05:30 The nurses, who are from Aster DM Healthcare hospitals in the states of Kerala, Karnataka and Maharashtra, will be put under quarantine for 14 days after which they will be assigned to various field hospitals as per requirement, the Khaleej Times reported. Full Article
ar Rajinikanth warns ruling AIADMK against reopening liquor outlets By economictimes.indiatimes.com Published On :: 2020-05-10T12:25:16+05:30 His remarks came a day after Tamil Nadu moved the Supreme Court, seeking a stay against a Madras High Court order directing closure of liquor shops in the state. Full Article
ar Virus delay, early ice melt challenge Arctic science mission By economictimes.indiatimes.com Published On :: 2020-05-10T12:45:26+05:30 For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year. Full Article
ar Javed Akhtar calls to end azaan on loudspeakers, says it causes discomfort to others By economictimes.indiatimes.com Published On :: 2020-05-10T12:45:52+05:30 "In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted. Full Article
ar We had to be careful to ensure athletes remain free from COVID-19: Rijiju By economictimes.indiatimes.com Published On :: 2020-05-10T12:47:41+05:30 Rijiju had already said that his ministry was devising a plan for a phased resumption of national camps for Olympic-bound athletes, starting with the athletes currently based at NIS Patiala and SAI Centre in Bengaluru by the end of this month. Full Article
ar Govt mulls credit guarantee scheme for loans for payment of wages by MSMEs By economictimes.indiatimes.com Published On :: 2020-05-10T12:26:43+05:30 Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further. Full Article
ar Evolución de las relaciones públicas en España. Artículo de revisión // Evolution of public relations in Spain. Review article By eprints.rclis.org Published On :: Sun, 10 May 2020 05:42:37 +0200 Caldevilla-Domínguez, David and Barrientos-Báez, Almudena and Fombona-Cadavieco, Javier Evolución de las relaciones públicas en España. Artículo de revisión // Evolution of public relations in Spain. Review article. El profesional de la información, 2020, vol. 29, n. 3. [Journal article (Unpaginated)] Full Article
ar Hamilton lays down a marker ahead of qualifying By en.espnf1.com Published On :: Sat, 11 Sep 2010 10:28:07 GMT Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza Full Article
ar Liuzzi resolute despite car failure By en.espnf1.com Published On :: Sat, 11 Sep 2010 15:06:04 GMT Tonio Liuzzi remained resolute despite failing to make the second session of qualifying for the fourth time this season Full Article
ar Alguersuari surprised at penalty By en.espnf1.com Published On :: Sun, 12 Sep 2010 16:24:41 GMT Jaime Alguersuari said he was more than a little surprised to receive a drive-through penalty for cutting a chicane during the Italian Grand Prix Full Article
ar Slow pit stop prevented Ferrari one-two - Massa By en.espnf1.com Published On :: Sun, 12 Sep 2010 18:03:00 GMT Ferrari's Felipe Massa believes second place would have been within his grasps at the Italian Grand Prix had it not been for a slow pit stop Full Article
ar Ferrari ready to focus on title charge - Domenicali By en.espnf1.com Published On :: Mon, 13 Sep 2010 08:53:54 GMT Ferrari insists it is right back at the centre of the championship fight after Fernando Alonso's victory at the Italian Grand Prix Full Article
ar Vettel hails 'good start' By en.espnf1.com Published On :: Fri, 05 Nov 2010 19:38:17 GMT Sebastian Vettel admitted it had been 'a good start' after he topped both sessions of free practice for the Brazilian Grand Prix whilst adding that it was not the most important thing Full Article
ar Whitmarsh congratulates Red Bull on title By en.espnf1.com Published On :: Mon, 08 Nov 2010 10:14:46 GMT Although they may have been bitter rivals for the majority of the 2010 season, there is a deep respect between McLaren and Red Bull according to Martin Whitmarsh Full Article
ar Hamilton leads home McLaren 1-2 By en.espnf1.com Published On :: Mon, 13 May 2013 11:00:12 GMT Lewis Hamilton led home Jenson Button for a McLaren 1-2 after the team got its strategy spot on in Montreal Full Article
ar Gearbox problems forced Vettel to slow By en.espnf1.com Published On :: Mon, 14 Jun 2010 09:48:54 GMT Sebastian Vettel has revealed a gearbox problem prevented him from attacking the McLarens and Fernando Alonso for position at the Canadian Grand Prix Full Article