Singapore Wants To Become An Asian Hub For Digital Banks
Southeast Asia, where millions of people are underbanked, presents an opportunity for providers of virtual banking services, especially loans. The market for lending via digital channels is expected to more than quadruple to $110 billion by 2025.
Singapore Best Place For Private Equity Firms: Carlyle Co-Founder
Singapore may be the best place to start a private equity firm, according to David Rubenstein, co-founder of industry heavyweight Carlyle Group, who expects Asia-based firms to be faster-growing than their Western counterparts.
Vietnam Startups Gain On Indonesia, Singapore With New Funding
Vietnam's startup sector is growing at a rapid clip despite the global economic slump, as it closes the gap with regional leaders Indonesia and Singapore.
Singapore's GIC Warns Of Low Investment Returns
GIC, Singapore's sovereign wealth fund, says it's investing in countries such as Vietnam to cushion the impact from heightened political uncertainty.
Singapore's GIC Warns Trade Uncertainty Could Weigh Heavily On Returns
Amid brewing trade tensions, high asset valuations and slowing global growth, Singapore's sovereign wealth fund GIC is hoping to tide over the challenging investment climate by sharpening its focus on alternative assets such as private equity and real estate.
Singapore Attracts $10.9B In Investments, Beating Forecast
Singapore exceeded its forecast for investment commitments recently by attracting $10.9 billion. Self-driving cars bearing a "Made in Singapore" stamp are among initiatives that could add to this push.
The Incredible Shrinking Singapore Stock Market
It creates a situation in which unlisted companies, free of the constraints of quarterly reporting, are more able to focus on long-term growth, thereby stabilizing the economy.
Temasek Backing Monashees, Brazil's Biggest VC
Singapore state investor Temasek Holdings has invested in the $150 million early-stage venture capital fund raised by Monashees, the biggest VC firm in Brazil, focused on backing tech startups in Latin America.
Blackstone, GIC Buying Out Goldman Sachs' Stake In Rothesay Life
Global investment firm Blackstone, Singapore sovereign fund GIC and Massachusetts Mutual Life Insurance Company (MassMutual) have agreed to acquire Goldman Sachs' entire shareholding in British- based pensions provider Rothesay Life for an undisclosed sum.
Mercuria, Petrochina Selling Fuel Oil Stored Offshore Singapore, Malaysia
Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia, several trade sources say.