Olam unit secures samurai loan facility of $324.08m

9 Jul 2020 - Singapore Business Review
Olam Treasury aims to refinance existing loans and general corporate purposes. Olam Treasury, a wholly owned subsidiary of agribusiness Olam International, has secured a medium-term samurai loan facility of $324.08m (JPY25b), according to an announcement. Olam’s managing director and group CFO N Muthukumar ...
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Entropica Labs aims to make quantum computers commercial

1 Jul 2020 - Singapore Business Review
The startup creates algorithms, software tools, methods and models for quantum computers. As world events prompt everyone to enter the big data scene, classic computers may not be enough to handle this bulk, but quantum computers can. In comparison to the typical machines, quantum computers are made ...

Singapore shares jump after Phase 2 announcement; STI up 2.4% at open

16 Jun 2020 - The Business Times
SINGAPORE stocks rebounded on Tuesday morning, with the Straits Times Index (STI) gaining 62.56 points or 2.4 per cent to 2,676.44 as at 9.02am. This came after Singapore's Multi-Ministry Taskforce on Monday evening said that most businesses will be able to reopen from Friday. Nonetheless, economists ...
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ADC Consortium to build submarine cable connecting APAC

11 Jun 2020 - Singapore Business Review
The cable will be completed by Q4 2022. Asia Direct Cable (ADC) Consortium, which includes Singtel, is building a submarine cable that will connect China (Hong Kong SAR and Guangdong Province), Japan, the Philippines, Singapore, Thailand and Vietnam. The cable will feature multiple pairs of optical fibres ...
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Showa Denko Announces 2020 First Quarter Financial Results

15 May 2020 - ACN Newswire
Showa Denko K.K. (SDK; TSE:4004) today announced its 2020 first quarter financial results.- 2020 First Quarter Consolidated Financial Statements and summary Company also issued the following supporting release:- SDK Revises 2020 Consolidated ...
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SDK Revises 2020 Consolidated Performance Forecast and Dividend Payment Forecast

15 May 2020 - ACN Newswire
Showa Denko (SDK; TSE:4004) announces its decision to withdraw its forecast of consolidated financial results for the first half of 2020 and full-year 2020 published on February 13, 2020. This is because SDK considers that it is very difficult to calculate the degree of influence of the coronavirus disease ...
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Daily Briefing: Entropica Labs snags $2.6m in seed funding; Parts of Singapore racecourse to be converted into recovery facilities

12 May 2020 - Singapore Business Review
And IKEA’s first small-store concept in SEA to open at Jem. From TechInAsia: Quantum computing software startup, Entropica Labs, has raised $2.6m (US$1.8m) in a seed funding round led by VC firm, Elev8, according to an announcement. Other participating investors include SGInnovate, Wavemaker Partners, ...
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Given the global coronavirus situation, we are providing an update on TTI's performance

29 Apr 2020 - ACN Newswire
Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, ADR symbol: TTNDY); Given the global coronavirus situation, we are providing an update on TTI's performance. When we initially learned about the coronavirus outbreak, ...
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Washington Companies Fails in Bid to Escape Case Via Motion for Summary Judgment, Case Now Cleared for Trial

24 Apr 2020 - ACN Newswire
In a recent court ruling in the lawsuit between Environmental Transportation of Nevada, LLC (ETON) versus Komatsu America Corp., Komatsu Equipment Company (KEC), and Modern Machinery Co., Inc. of Rochester, WA. (part of a large consortium of privately held companies collectively known as the Washington ...
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Japan's Leading Team Collaboration Platform Company, Cybozu Announces Asia Business Strategy

31 Mar 2020 - ACN Newswire
Cybozu, Inc. (Head Office: Chuo-ku, Tokyo; CEO: Yoshihisa Aono; hereinafter "Cybozu") held a presentation on February 25, 2020, to announce its financial results for the previous fiscal year, as well as its business strategy for the current fiscal year highlighting its steady business performance and ...
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