The Business Times

Corporate funding

Startups & Tech

Databricks caps US$15 billion fundraise with Meta as new investor

Proceeds will primarily be used to support Yinson Production’s growth, with US$200 million to be used to expand the group’s renewable energy and green technologies businesses, as well as for distributions to shareholders via share buybacks or dividends
ASEAN Business

Malaysia’s Yinson secures deal with investors including Abu Dhabi for US$1 billion funding

Majority of 2023’s deal value was driven by Japanese insurer Sumitomo Life’s US$2 billion acquisition of Singapore Life (Singlife), and Singapore-based insurtech company Bolttech’s US$246 million series B round, said EY in a report.
Companies & Markets

South-east Asia insurtech deals jump over 4 times to US$2.35 billion in 2023 despite fewer transactions: EY

Singapore leads South-east Asia in startup investments with a total of US$6.1 billion in 2023, even amid a global downturn in funding. But of the US$5.8 billion raised by the region's IPO markets, only US$35 million comes from the city-state.
Opinion & Features

Bridging the gap in South-east Asia’s capital markets

money, cash, currency
Banking & Finance

Global credit outlook for 2024 worsens, new survey finds

Upon completion of the deal, CYVN will own a 20.1 per cent stake in Nio, having subscribed for 294 million newly issued shares.
Companies & Markets

China EV maker Nio wins US$2.2 billion Abu Dhabi cash boost

The Universal Trusted Credentials initiative proposes a framework for creating credentials that characterise an macro, small and medium-sized enterprise's financing worthiness. .
SGSME

MAS, UN agency launch global initiative to boost micro, SME financing

VinFast's parent Vingroup, Vietnam’s biggest conglomerate, will provide a grant of US$500 million plus a US$1 billion loan with maturity of up to five years.
ASEAN Business

Vietnam EV maker VinFast secures US$2.5 billion in fresh funding pledges

Hwa Hong filed a suit against Evercore and four of its former directors over Evercore's success fees.
Companies & Markets

Court documents detail Evercore’s ties with ex-Hwa Hong director and how the investment bank was appointed

Credit-worthy companies have found in the past that they can raise funds more cheaply in investment-grade bond markets.
International

Some highly rated US companies take unusual funding route as rates rise

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More