Singapore-based producer and distributor Clover Films is teaming with filmmaker Jack Neo’s J Team Productions to launch a joint venture production company, HiJack Pictures. The new outfit, which has 50:50 ownership between Clover Films and J Team Productions, aims to produce quality content that appeals to international audiences. Clover Films founders Lim Teck and Paulyn … Read more
(Bloomberg) — Sea Ltd.’s adjusted losses swelled in the third quarter as revenue growth at its e-commerce arm was offset by the biggest-ever sales drop at digital entertainment platform Garena. Most Read from Bloomberg The adjusted loss before interest, taxes, depreciation and amortization widened to $357.7 million from $165.5 million a year ago, the Singapore-based … Read more
(Bloomberg) — Sea Ltd. has cut about 7,000 jobs, or roughly 10% of its workforce, in the past six months as it fights to stem ballooning losses and win back investors, according to a person familiar with the matter. Most Read from Bloomberg Among the latest reductions is about 100 positions at Sea’s e-commerce arm … Read more
Written by Oscar Holland, CNNSingapore Singapore is set to welcome its first ever “supertall” skyscraper, a term used to describe buildings that exceed 300 meters (984 feet) in height. The new tower, known as 8 Shenton Way, will soar above the Southeast Asian city-state from 2028, offering offices, a hotel and 34 floors of luxury … Read more
Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so. According to an Oct. 24 report from KPMG China and … Read more
Editor’s Note — Monthly Ticket is a CNN Travel series that spotlights some of the most fascinating topics in the travel world. September’s theme is ‘Build it Big,’ as we share the stories behind some of the world’s most impressive feats of engineering. (CNN) — Singapore’s Changi Airport has long been considered a destination in … Read more
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub. Source link
2d illustrations and photos Singapore’s Prime Skyline Limited (PSE), a provider of building envelope services in Southeast Asia, has provided updated terms for a proposed $18M US initial public offering. The company said in a filing that it is looking at offering 4.6M ordinary shares priced at $4 per share. Underwriters would be granted a … Read more
EXCLUSIVE: Filipino production company Daluyong Studios, which co-produced Plan 75, Japan’s Best International Feature submission for the Oscars, is partnering with Tan Si En’s Singapore-based Momo Film Co to co-produce a slate of features and documentaries. The joint slate includes feature films Don’t Cry, Butterfly, from rising Vietnamese filmmaker Duong Dieu Linh; and Tropical Rain, … Read more
Singaporean sovereign fund GIC and Oak Street on Thursday agreed to acquire real estate investment trust Store Capital Corp. in an all-cash deal valued at about $14 billion, sending the REIT’s shares up about 20%. Scottsdale, Arizona-based Store Capital invests in single tenant operational real estate and has a portfolio of more than 3,000 property … Read more