Singapore bank lending up 0.6% in March: MAS preliminary data
BANK lending in Singapore inched 0.6 per cent higher in March from a month ago, as continued contraction in consumer loans was offset by a touch of strength in business lending, preliminary data from...
More VCs pour into Asean, but await elusive exits
VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.
Mobike's backpedal, and a lesson on ambition
WHEN Qiming Ventures invested in Mobike, it saw a disruptive force tackling the issue of getting around dense cities in the world's most populous country, observed Helen Wong, the partner who was...
How Grab can outwit the incumbents
VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.
Major VC player from Israel plans Asia fund, but says it'll watch out for froth
ONE of Israel's most active venture funding outfits plans to raise between US$30 million and US$50 million with an Asian partner for its first Asia fund in the next 18 months, even as it watches...
Stripe hires PayPal veteran to steer Asia-Pacific business
PAYMENTS startup firm Stripe has hired a veteran from PayPal to head its business in the Asia-Pacific, The Business Times understands.
Feb home loans shrink for first time since 2006
HOUSING loans in Singapore hit another low in February, with mortgages contracting over the month for the first time since April 2006, preliminary data from the Monetary Authority of Singapore showed...
MAS out to identify cases of tardy corporate disclosure
THE Monetary Authority of Singapore's (MAS) enforcement department is taking a closer look into whether listed companies here have been tardy in disclosing corporate information in recent times.
Fines totalling S$16.8m slapped on 42 financial firms in Singapore in 18 mths ended December '18
A TOTAL of S$16.8 million in financial penalties and settlements was slapped on 42 financial institutions here as part of enforcement actions taken by the Monetary Authority of Singapore (MAS)...
UOB crowdfunding partner OurCrowd hits US$1b in fundraising in six years
OURCROWD, an Israel-based equity crowdfunding platform that counts UOB as its equity partner, has raised a total of US$1 billion for 170 companies and 18 funds in six years.