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 aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).
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 is pushing for workplace transparency by releasing a new tool at its job-search site which will ultimately help to close wage gap.
Japanese personal accounting startup closes its Series D funding round securing US$11 million led by Mitsukoshi Holdings and Mizuho Capital.
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 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, […]
Palo Alto based Sapphire Ventures, owned by SAP, secures $1 Billion to invest in a new $700 Million growth fund and a $300 Million tech fund. Following on the heels of a large group of venture groups – including Lightspeed Ventures Partners, Norwest Venture Partners, Accel Partners, Founders Fund, and Andreessen Horowitz – Sapphire Ventures […]
The day is nearly upon you – a tweet orders your favorite pizza, your Apple Watch places your Buy Stock transaction, you automatically add the song playing in your favorite restaurant to your Spotify playlist. That’s right – as your favorite brands adopt the latest mobile app technology to further engage you – App Downloads […]
Enormous growth is forecasted by the industry including a prediction that Snapchat advertising revenues will reach $1 Billion by 2017 increasing from this year’s estimate of $366 million. Snapchat has proved successful in it capability to reach millennials with a broad advertising portfolio and subsequently targeted ads. The 2016 estimates are above Snapchat’s own goals […]