MercadoLibre Stock Is Firing on All Cylinders. Can Its Success Continue?
This Latin American juggernaut continues to outperform, despite significant headwinds from a terrible economy.
This Latin American juggernaut continues to outperform, despite significant headwinds from a terrible economy.
ADA and its clients won a record breaking 87 industry awards in 2022 from Campaign Asia, Adweek, Marketing Excellence Awards, Asia eCommerce Awards, Smarties, Mob-Ex and many more.
Seven listed companies of the Adani conglomerate - controlled by one of the world's richest men Gautam Adani - have lost a combined $48 billion in market capitalisation since Wednesday, with U.S. bonds of Adani firms also falling after Hindenburg Research flagged concerns in a Jan. 24 report about debt levels and the use of tax havens. "With the current market price below the FPO offer price, it further puts doubts on issue subscription."
India's current account deficit is "eminently manageable" and within the parameters of viability, India's central bank governor Shaktikanta Das said at an event on Friday. The net balance under services and remittances remains in a large surplus, partly offsetting the trade deficit, Das said at a conference in Dubai, according to a copy of the speech released by the central bank. While the global environment has turned hostile and uncertain, the Indian economy remains resilient, said Das, pointing to a strong financial system in the country and deleveraged corporate balance sheets.
The reopening of the Chinese economy represents buying opportunities for investors of Chinese tech stocks. Here’s what is expected to...
VinBrain will collaborate with Microsoft in data sharing, product cross-validation, and product research & development. VinBrain is the first Vietnamese customer to sign a formal collaboration agreement with Microsoft to develop AI-powered healthcare services HANOI, VIETNAM - Media OutReach - 26 January 2023 - VinBrain, one of Vietnam's leading technology companies, is working to transform global healthcare through its AI products. One of VinBrain's primary products is DrAidâ„¢, an AI pathology pr
Artist’s impression of The Carrara. The Carrara features six luxurious, marble-inspired homes with thoughtful and pragmatic design (Picture: Sevens Group)The Carrara, a flagship landed development in District 15 has already seen two units snapped up by discerning buyers — a testament to the appeal of these highly desirable homes. The properties, located at 801 and 803 Mountbatten Road, were sold for around $3,000 psf, based on their respective land areas of 3,016 sq ft and caveats lodged.Four mo
Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announced it has begun talks with Lithium mining project in Sierra Leon, Africa.
Frasers Centrepoint Trust reported better operating metrics for its malls (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Frasers Centrepoint Trust reported all round better performance for its malls. The portfolio’s committed occupancy improved 0.9%-pt q-o-q and 1.2%-pt y-o-y to 98.4% as leasing demand remains firm, FCT’s manager said. This was underpinned by improved occupancy at Changi City Point with a reconfigured food court space which is fully leased; and a 1.9%pt im
The new owner has the option to redevelop the site into a six-storey commercial building with a gross floor area of up to 27,125 sq ft, says PropNex (Picture: PropNex Realty)SINGAPORE (EDGEPROP) - A portfolio of six adjoining freehold shophouses on Serangoon Road has been sold for $62.5 million, according to a Jan 26 press release by PropNex Realty, who brokered the deal. The shophouses were launched for sale by tender last August with a guide price of $63 million. The sales tender closed on Sep
RHB Singapore offers one of the highest 12-month fixed deposit interest rates in the market at 4.28% per annum (p.a.) in celebration of the re-opening of its refreshed Cecil Branch in the heart of the Central Business District. Additionally, customers can enjoy up to S$2,888 in cash credits for insurance purchases during this celebratory period.
The streaming television company has reported better-than-expected financial and membership numbers. The post <strong>Netflix’s Share Price Has Shot Up 23% This Month: Is the Worst Over?</strong> appeared first on The Smart Investor.
SINGAPORE - Media OutReach - 26 January 2023 - Bondee, a social media app, officially launched on the App Store. Within a few days of its release, it climbed to the top of the App Store rankings and entered the spotlight. Metadream, a tech startup based in Singapore, developed Bondee to create a virtual world where users can design avatars, share their moods, statuses, and daily lives, and add friends to chat and interact with online. Users can also personalize their spaces, visit friends, and p
MUMBAI (Reuters) -Sugar mills in India's top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as heavy rain has curtailed sugar cane availability, a senior state government official told Reuters on Friday. The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices and allowing rivals Brazil and Thailand to increase their shipments.
Physical gold dealers in India offered the steepest discounts in 10 months this week to lure customers, as a sharp rally in local prices squeezed demand in the world's second-biggest bullion consumer. Local gold prices hit an all-time high of 57,125 rupees ($700.02) per 10 grams this week, forcing dealers to offer discounts of as much as $42 an ounce over official domestic prices, inclusive of 15% import and 3% sales levies, versus a discount of $24 last week. Dealers and jewellers have been postponing purchases on hopes the government would cut import duty in the upcoming budget, said a Mumbai-based dealer with a private bullion importing bank.
The HDB Concessionary Loan comes with a lot of rules guidelines and procedures. Here is all the relevant information you'll need. The post How to apply for a HDB Loan Eligibility (HLE) letter appeared first on .
If you’re looking for resilience in the REIT sector, look no further than these three REIT categories. The post <strong>3 Types of REITs to Survive a Recession</strong> appeared first on The Smart Investor.
Singapore’s Minister for Communications and Information Mrs Josephine Teo officiated the launch of Temus’ Step IT Up programme, supported by Infocomm Media Development Authority’s (IMDA) under Techskills Accelerator (TeSA) initiative, for public sector agencies and private companies to jointly ‘place and train’ people for tech roles in under five months. The talent conversion programme, in partnership with IMDA and supported by Digital Industry Singapore (DISG), focuses on helping people with no
The stake, which collectively amounts to about 5%, would raise Walmart's ownership in the e-commerce giant, the newspaper reported citing people familiar with the matter. Accel owns a little over 1% of Flipkart, while Tiger Global holds about 4% of the company, the report said.
Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.
Adani Enterprises lost more than 19% on Friday, sliding below the 3,276 rupees ($52.74) level.