Banking/Financial Service

Grasshopper Pte Ltd Announces Appointment of New CEO

SINGAPORE, May 29, 2020 /PRNewswire/ -- Grasshopper, a leading Singaporean proprietary trading firm and market maker, announced today its appointment of James Leong as chief executive officer with effect from 1 June 2020. He will succeedJohn Lin, the firm's founder, in this role.

2020-05-29 11:00 5904

Generali Accelerates Finance Transformation in Hong Kong with SAP Solutions

HONG KONG, May 29, 2020 /PRNewswire/ -- SAP Hong Kong today announced that Generali Life (Hong Kong) has successfully embarked on its finance transformation journey with a range of SAP solutions. General Life (Hong Kong) is a member of the Generali Group, one of the largest global insurance and ...

2020-05-29 11:00 4519

SSTL: Space Tech Companies Worldwide Compete in International Challenge to Improve Flood Risks in the Region

SINGAPORE, May 29, 2020 /PRNewswire/ -- Singapore Space and Technology Limited (SSTL) is pleased to announce its collaboration with the World Bank Group for theHumanitarian Assistance and Disaster Relief (HADR) Challenge . This challenge supports...

2020-05-29 11:00 3486

Chelsfield Asia Successfully Completes Final Close of Chelsfield Asia Fund 1 at US$362.5 Million Plus a US$150 Million Co-investment Commitment

HONG KONG, May 29, 2020 /PRNewswire/ -- Chelsfield Asia Limited, the Asian subsidiary of Chelsfield Group, an international property company based in the UK, announced the final close of its first Pan-Asia value-add fund, Chelsfield Asia Fund 1 ("CAF 1" or the "Fund") atUS$362.5 million. In ad...

2020-05-29 09:53 5712

Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe

HONG KONG and SHANGHAI, May 29, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) is delighted to announce that its fintech and healthtech investment arm Ping An Global Voyager Fund has invested in digital dentistry pl...

2020-05-29 09:48 14900

GoBear accelerates its transformation to become Asia's leading financial services platform with US$17M fundraise

* The fresh injection of capital marks GoBear's fifth fundraise to date. * The round came from GoBear's long-term investors: Walvis Participaties, a Dutch venture capital firm and Aegon N.V., one of the world's leading providers of life insurance, pensions and asset management. * This strate...

2020-05-29 09:00 3943

Endofotonics Raises S$12 million in Series B Funding for the Commercialization of its AI Powered Medical Device to Support Clinicians in the Real Time Detection of Early Stomach Cancer

SINGAPORE, May 29, 2020 /PRNewswire/ -- Endofotonics announced earlier today that it has secured an investment ofS$12 million led by eminent healthcare investors Mr Tony Tan Choon Keat, Chairman of Singapore Medical Group (SMG) and Founding Managing Director of Par...

2020-05-29 07:00 4720

Rochester Group Gets Record 7.2 Bn EUR Traction With Its Latest Spin-Off

Rochester Group Gets Record 7.2 Bn EUR Traction in Spinning Its Banking, Insurance and International Trade Lines Into One Offering. LONDON, May 28, 2020 /PRNewswire/ -- The Rochester Group™ ( www.rochestergroup.eu) announces an unprecedented success and all-time-high for the group by spinning-off...

2020-05-28 22:43 3194

Labuan IBFC Market Performance for 2019: 30 Years of Intermediating Asia - Embracing Business Innovation & Digitalisation

* The banking and insurance market's profitability grew by 26.9% and 43.7% * More than 55% international businesses in banking and insurance   * 28 new licences approved for digital financial services business * More jobs creation; boosting industry total workforce to more than 6,000 LA...

2020-05-28 19:32 4423

Abridge Initiates Coverage on V1 Group with a "Buy" Rating and HK$0.29 Price Target

HONG KONG, May 28, 2020 /PRNewswire/ -- Abridge Enterprises Company Limited ("Abridge"), a professional investment advisory and asset management company has initiated coverage ofV1 Group Limited ("V1 Group" or the "Company", together with its subsidiaries, the "Group"; stock code: 00082.HK), with...

2020-05-28 18:34 13392

Analytic Partners Report: Cutting Ad Spend Guarantees Losses in a Recession

NEW YORK, May 28, 2020 /PRNewswire/ -- A brand that reduces its media spend in 2020 by$50 million will, on average, stand to lose $130 million in revenue in 2020 alone, and when factoring in the long-term implications of this reduction, the number increases to well over$300 million. That's accor...

2020-05-28 17:01 3946

After Capturing a Record US$2.4 Billion in 2019 AI Investments, Healthcare AI Startups Set for Stardom in the Post-COVID-19 World

SINGAPORE, May 28, 2020 /PRNewswire/ -- In 2019, the United States led in Artificial Intelligence (AI) venture capital investment, with 220 deals and a total ofUS$16 billion. China remained a distant second with 24 deals and US$3.6 billion. Overall, global tech market advisory firm, ABI Research,...

2020-05-28 16:30 3219

AmCham Singapore Announces the Election of Ms. Lisa Liaw as Chair of the Board of Governors

SINGAPORE, May 28, 2020 /PRNewswire/ -- The American Chamber of Commerce in Singapore (AmCham Singapore) is pleased to announce the election of Lisa Liaw as Chair of the Board of Governors. Ms. Liaw assumed her role onMay 11, 2020 and is the first woman chair of AmCham Singapore in more than 10 y...

2020-05-28 15:06 4671

Introducing Apiflex, Apigate's Partner Bundling Platform for Customer Acquisition and Retention

KUALA LUMPUR, Malaysia, May 28, 2020 /PRNewswire/ -- Apigate, a trusted provider to Telco Operators and Digital Merchants for reach, acquisition and monetisation, today announced the launch of its new dynamic content bundling platform "Apiflex".

2020-05-28 12:12 4954

Manulife unveils new MOVE Health Score to help customers become healthier

HONG KONG, May 28, 2020 /PRNewswire/ -- Manulife Hong Kong has enhanced the existing ManulifeMOVE (MOVE) experience by launching the 'MOVE Health Score'[1]  that encourages customers to make healthy lifestyle choices. This new functionality provides customers a scientific yet simple scoring method...

2020-05-28 12:10 5543

Board of Governors of New Development Bank holds Special Meeting, elects Marcos Troyjo as NDB President

SHANGHAI, May 28, 2020 /PRNewswire/ -- On May 27, 2020, the Board of Governors of the New Development Bank (NDB) unanimously elected Mr. Marcos Prado Troyjo as the President of the NDB fromJuly 7, 2020, in full accordance with the Articles of Agreement of the New Development Bank and its procedur...

2020-05-28 12:08 5001

Filinvest and 'Plug and Play' form alliance to accelerate digital innovations in the Philippines

BANGKOK, May 28, 2020 /PRNewswire/ -- Leading Philippine conglomerate Filinvest Development Corporation and Plug and Play, considered the foremost global innovation platform, join forces to fuel innovations in property and real estate technology, as well as in adjacent sectors in energy and susta...

2020-05-28 11:05 6219

Singapore-New Zealand Virtual Summit 27 May 2020

SINGAPORE, May 28, 2020 /PRNewswire/ -- Prime Minister Lee Hsien Loong and New Zealand Prime Minister Jacinda Ardern held a Virtual Summit via videoconference on27 May 2020 to commemorate the first anniversary of the establishment of the Singapore-New Zealand Enhanced Partnership (EP). Establishe...

2020-05-28 09:00 2713

WuXi Biologics Sweeps 2020 CMO Leadership Awards in All Six Categories

SHANGHAI and NEW YORK, May 28, 2020 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a global company with leading open-access biologics technology platforms, announced that it has been recognized by Life Science Leader for the third year, achieving  2020 CMO Leadership Awards in six criter...

2020-05-28 08:00 2540

Rogers International Commodity Index® (RICI®): Effective With the RICI® May 2020 Roll Period, the Crude Oil (CL) Contract Will Hold At October (V) and Not Roll

SINGAPORE, May 28, 2020 /PRNewswire/ -- Jim Rogers and Beeland Interests, Inc. announce that effective with the Rogers International Commodity Index® (RICI® ) May 2020 roll period, which roll period begins onMay 28, 2020, the RICI and RICI Energy sub-index will continue to hold the Crude Oil (CL) ...

2020-05-28 03:45 3074
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