Finance

Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million

Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.

Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust

Warburg Pincus-backed integrated business park and suburban office operator - D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China's industrial infrastructure.

Temasek Holdings to take stake in Oxford Sciences Innovation

Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.

Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via...

PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.

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.

Glassdoor Introduces Machine Learning To Help Users Know If They Are Being Fairly Paid

Glassdoor is pushing for workplace transparency by releasing a new tool at its job-search site which will ultimately help to close wage gap.

Japanese Fintech Company Money Forward Raises Another US$11 Million

Japanese personal accounting startup closes its Series D funding round securing US$11 million led by Mitsukoshi Holdings and Mizuho Capital.

Singapore To Be World’s Largest Fintech Hub, Marvelstone Group Announced

Singapore’s ambition to be a ‘Smart Nation’ is moving forward as MarvelStone, an Asian private investment group has announced on Tuesday that it will open the world’s largest fintech hub in Singapore next November. The facility will be known as Lattice80, spanning over 30,000 square feet and to be located in Singapore’s Central Business District, […]

JoJonomic Reach Singapore After Grabbing $1.5m Series A Funding For Expense Management Software

JoJonomic is an Indonesian startup that got their breakthrough when participating in Google’s launch pad accelerator in January 2016. One of just eight Indonesian companies selected, their expense management software stood out. Originally designed to help everyday people keep track of the day-to-day expenses by using a smartphone app to digitize receipts, tickets and more, […]
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