Tag Archives: Funds

Prime Minister YB Tan Sri Muhyiddin Yassin recently announced the PEMERKASA (Program Strategik Memperkasa Rakyat dan Ekonomi) programme, a stimulus package for the nation targeting vulnerable groups and economic sectors that were hit hard by the pandemic. PEMERKASA has an allocation of RM20 billion, with a new fiscal injection of …

Malaysian grocery mobile app Jocom has announced a successful listing of part of its share capital on Singapore’s first regulated private securities exchange, 1exchange (1X), raising aggregate proceeds of S$ 5.6 million (over RM17.1 million). Editor’s Note: Information in the above paragraph has been edited to reflect factual accuracy. These …

From today (Feb 8), GrabPay users can transfer funds out of their GrabPay wallets to bank accounts and other e-wallets in Singapore, with no fees involved.  According to a press release from Grab, the features will be rolled out progressively to GrabPay users. Previously, one of the qualms many had …

Singapore-headquartered financial services and data platform GoBear announced today (Jan 5) that it will be ceasing operations and will begin an “orderly closure of the business”. The firm cited the failure to raise additional funds from existing or new investors as the primary reason for closure. It added that the …

Good financial habits start with small decisions that add up to a healthy budget. Lisa Rowan — a seasoned writer who’s covered personal finance for Forbes, Lifehacker, The Penny Hoarder and elsewhere — divulges unique ways to earn and save money in her new book, Money Hacks: 275+ Ways to …

WASHINGTON — The coronavirus pandemic remained a distant threat to many Americans on Jan. 24 when Douglas C. Bryant, the president and chief executive officer of Quidel Corporation, got a call from an official at the Food and Drug Administration. If the government helped, the official asked, would Quidel make …

Each year, in the annual Budget, the government sets aside a total of $ 3 billion as a buffer in the Contingencies Fund and the Development Contingencies Fund to cater for urgent and unforeseen expenditure needs which have yet to be provided for under the Supply Act. With Covid-19, we …

Author’s Blurb: While COVID-19’s impact was lesser felt in this region early in the year, it would be logical to think that many investors would’ve held back on investing in companies at such an uncertain time. However, all over the world, a variety of companies were still successfully closing rounds, …

While investors may see the CARES Act as a lifeline for their startup portfolio companies, there are certain traps to be aware of. Under the False Claims Act, the government can seek both civil and criminal penalties against companies obtaining funding under false pretenses. On top of this, individual whistleblowers …