Latest News

CMIA, Affin Hwang acquire majority stake in Bitsmedia

Singapore-based private equity firm, CMIA Capital Partners, in partnership with Affin Hwang Asset Management (AHAM) on Tuesday led the acquisition of a majority stake in Bitsmedia Holdings Ltd.

 

The combined stake purchased by CMIA and AHAM is about 90% but the value was not disclosed.

 

L’Oreal Innovation Runway

L’Oréal Research & Innovation is launching a Startup Challenge – the L’Oréal Innovation Runway – to partner with early-stage startups and small enterprises in the Asia-Pacific (APAC) region.

 

 

 

Amazon pushes into SE Asia with Singapore launch

Amazon launched its express delivery service in Singapore on Thursday, the US online retail giant's first foray into Southeast Asia and a move that puts it in direct competition with China's Alibaba.

 

Prime Now allows online shoppers in the affluent city-state of five million people to order a wide range of items from baby products to food, electronics items and beer.

 

Novacap announces the start of production of its new Sodium Bicarbonate plant in Singapore

Novacap Group, through its Mineral Specialties Division, a European leading producer of Soda Ash and Sodium Bicarbonate, accelerated its international expansion in Sodium Bicarbonate with the start-up of commercial-scale production effective in June 2017. This new stand-alone production unit, operated by Novabay Pte Ltd, is located in Jurong Island, Singapore.

 

International SOS Awarded ISO Certification for Best Practice in Information Security Management

International SOS, the world’s leading medical and travel security risk services company, has achieved the ISO/IEC 27001 Certificate for Security Information Management. The certificate relates to the development and support of all of International SOS’ digital Medical and Travel Security Services, including its industry leading TravelTracker, Assistance App, TravelReady and Communications Portal.

 

Kusmi Tea Keeps Expanding in Asia With Bluebell Group in Singapore

Orientis Gourmet and Bluebell Group are pleased to announce their new partnership for the distribution of Kusmi Tea in Singapore. On the basis of the successful launch of Kusmi Tea in Japan, Bluebell Group and Orientis Gourmet extend their collaboration to the city-state, a crucial territory for the promotion of premium and luxury brands to the rest of South-East Asia.

 

Oodrive Raises 65€ Million to Fuel Growth

Oodrive achieves one of the most substantial fund raise of the private unlisted French Software industry with new financing round led by Tikehau Capital, MI3 and NextStage

 

Oodrive, the Trusted Partner for Sensitive Data Management, today announced it has completed a financial agreement to raise 65€ million with European Investors Tikehau Capital, MI3 and NextStage.

 

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