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Singapore economy
Singapore's corporate deals, IPOs grow 15% to cross US$100 bil in 2017
SINGAPORE (Dec 12): Singapore has seen the value of mergers and acquisitions (M&A), private equity and venture capital investments, and initial public offerings (IPO) hit US$101.9 billion ($137.7 billion) for 2017, growing over 15% compared to 2016.
December 12, 2017
Tech
How automation is set to revive Singapore’s competitive advantages
SINGAPORE (Aug 22): Despite acknowledging that intelligent technology could progressively claim many jobs, the Singapore government is also confident that artificial intelligence (AI) will concurrently create new jobs in areas such as data analytics, cybe
August 22, 2017
Rich Gen-Y Asian kids pool family fortunes to build venture fund
SINGAPORE (Mar 6): One of Rachel Lau’s strongest childhood memories is the smell of newspaper. Her father, driving her to school each day in Kuala Lumpur, would make his sleepy daughter open the paper, go through stock quotes and do mental math.
March 06, 2017
State Street detects ‘positive and meaningful gains’ in 3Q private equity returns
SINGAPORE (Feb 22): State Street Corporation has released the 3Q results of its Global Exchange (GX) Private Equity Index (PEI), a benchmark for comparative analysis of private equity performance based on directly-sourced limited partnership data.
February 22, 2017
Singapore plans to ease VC rules to promote startup financing
SINGAPORE (Feb 15): Singapore is proposing to ease regulations for venture capital managers in a bid to promote financing for startup development.
February 15, 2017
Tech
China IT billionaire partners Singapore venture capital fund Tembusu ICT Fund I
SINGAPORE (Nov 24): Chinese IT billionaire, Pang Shengdong, founder of web directory, 2345.com will invest a seven-figure sum in Singapore venture capital fund, Tembusu ICT Fund I to help forge partnerships between Chinese and Southeast Asian software sta
November 24, 2016
Uber aims to unseat Ola in US$10 bil India ride-hailing market
BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-
October 10, 2016
Singtel’s VC unit launches second instalment of Innov8 Connect programme
SINGAPORE (Sept 13): Singtel Group’s venture capital arm, Singtel Innov8, on Tuesday announced it is opening applications to the second instalment of its Innov8 Connect programme.
September 13, 2016
Financial institutions take 8 fintech startups under their wing
SINGAPORE (Aug 22): Eight financial technology (fintech) companies on Monday are starting a 12-week mentorship programme in the third annual FinTech Innovation Lab Asia-Pacific.
August 22, 2016