Finance
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Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via Preemptive Rights offering
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.
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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).
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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.
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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…
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Sapphire Ventures Secures $1 Billion to Invest
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…
