Economy

Dasin Retail Trust seeks Singapore IPO to raise US$84.5 million

Chinese mall business, Dasin Retail Trust is looking to raise at least 586.4 million yuan (about US$84.5 million) in its initial public offering on the Singapore Exchange (SGX) mainboard.

Healthcare startup, eBeeCare to expand into India and China in 2017

eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.

IdeaSpace launches 2017 Philippines startup competition

IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.

Three VC firms to launch US$375 million Biomedical Translation Fund

The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to support life sciences sectors.

China Merchants VC leads funding round in tech media platform 36Kr.com

Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.

Malaysian Cradle Adds 6 New Partners And USD 3.26 Million To Fund Local Tech...

Malaysian Cradle held a press conference on Monday, announcing the addition of six new partners in their co-investment scheme as well as the reduction of funds allocated for 2017, from MYR 30 million to MYR 22 million.

Seedcom-Backed Cau Dat Farm Brings Smart Technology Into Vietnam Agricultural Production

Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).

DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission

Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.

Black Friday Sales Mark All-Time-High With Mobile Revenue Exceeding US$1 Billion

US shoppers went all out on the festivity as Black Friday shopping has yet again surpassed its own milestone with an Adobe report tracking US$3.34 billion from the holiday sales.

Phillipines Jollibee Completes Buyout Of Happy Bee In China

Philippines‘ Jollibee buys out partner stake in China-based food Joint Venture Happy Bee for US$10.4 million.
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