Sunday, October 24, 2021
Singapore and the United States have renewed an agreement for joint training courses in Southeast Asia. The third country training program aims to help officials in ASEAN countries and Timor-Leste reach development goals. The agreement has been renewed every year since 2012. More than 40 workshops and seminars have been conducted...
Singapore’s PayNow and Malaysia’s DuitNow will be linked in phases from the fourth quarter of 2022, allowing customers of participating financial institutions to make real-time funds transfers between the two countries using mobile numbers. Customers will also be able to make retail payments by scanning NETS or DuitNow QR codes...

A Comeback to Remember

In January 2021, Singaporeans bid farewell to household name. Robinsons, the iconic 162-year-old department store, had shut it's doors to its flagship store in the city-state for the last time. The department store had announced on 30 October 2020 the closure of its last two outlets, saying the decision...
The Singapore government on Friday (Sep 17) announced a series of initiatives to lure “promising high-growth” companies from around the region to list on the local stock market. Singapore is a favored listing destination for REITs, or real estate investment trusts. But the city-state has struggled to attract blockbuster initial...
Jungle Ventures raised $225 million in the first close of its fourth fund as the venture capital firm seeks to replicate its successes in startups across Southeast Asia and India. Many of its existing investors in previous funds backed the latest one, founding partner Amit Anand said in an interview....
Hong Kong's economy is expected to catch up with rival financial hub Singapore's pace of expansion this year for the first time since 2008, as it recovers from a pandemic-induced downturn. Economists have raised their growth forecasts for Hong Kong by 0.7 percentage points to 6.7 per cent this year,...
Sea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters. The move will be the first expansion into European e-commerce for the US$190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the...
It is almost certain that when we talk about financial technology (fintech) development in Asia-Pacific, the focus usually shifts on China or even India to some extent. These large economies tends to overshadow Southeast Asia potential. But, it might not be the case for long. Southeast Asia is emerging as...
Fintech and e-commerce companies in Southeast Asia are raising hefty amounts of capital as global investors bet on post-pandemic technology plays, bankers and investors said, a trend that is also stoking concerns about frothy valuations. Public equity capital raising by Southeast Asian firms has surged to a four-year high of...
For a behemoth like Singapore's Temasek, China's crackdown on its tech sector couldn't come at a worse time. No one saw it coming and no one anticipated it to spread so wide from tech, education, to gaming industry. For investors who are expecting big returns though, as new regulations are...
WeWork, a global space provider, has launched WeWork Growth Campus, a new initiative aimed at boosting Southeast Asia’s entrepreneurial startup ecosystem. While Southeast Asia has seen some scale-ups rise to new heights during the pandemic, COVID-19 has presented a huge challenge for startups and the community that supports them. With...
Singapore plans to set up pilot programs next month to allow vaccinated business travelers from some countries to enter on carefully controlled itineraries as it takes steps to reopen its borders. Singapore is in talks with Germany, Australia, Canada and South Korea to be the first batch of countries for...

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