CapitaLand Investment raises $950 mln for 3 private funds

CapitaLand Investment raises $950 mln for 3 private funds

Real estate investment trust (REIT) CapitaLand Investment, backed by the Singapore government, has obtained about S$1.3 billion ($950 million) equity commitment from global institutional investors for three of its private funds.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Leading Vietnamese retail bank VIB assures loan security: chairman

Leading Vietnamese retail bank VIB assures loan security: chairman

Vietnam International Bank (VIB), one of the country’s major retail banks, provides secure loans despite domestic and global headwinds, and will beef up its charter capital to further drive its strong growth, chairman Dang Khac Vy said Wednesday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

F88 nets $50 mln prior to IPO set for 2024, seeks more funding

F88 nets $50 mln prior to IPO set for 2024, seeks more funding

Vietnamese consumer finance firm F88 has raised a series C investment of $50 million led by Vietnam-Oman Investment Fund and Mekong Enterprise Fund IV to further expand its distribution network nationwide and digital business ahead of an initial public offering planned next year.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

World Bank raises Vietnam GDP forecast to 5.8%

World Bank raises Vietnam GDP forecast to 5.8%

The World Bank on Tuesday raised Vietnam’s GDP prediction this year to 5.8% from 5.3% in its April forecast.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7