Money

Asian edtech startups seize Covid-19 growth window

EDUCATION technology, or edtech, is having its moment in the spotlight. As the pandemic has made the value of remote-learning tools clearer than ever, edtech startups are seizing the moment to...

ST Engineering corporate VC unit invests in cloud startup

ST Engineering's corporate venture capital (VC) unit, ST Engineering Ventures, has made an undisclosed investment into CloudSphere, a cloud management and governance provider headquartered in...

Coming soon: a central platform for SME loans?

IMAGINE a single platform where all of some 270,000 small and medium-sized enterprises (SMEs) here can get a loan quote from multiple banks - with just one application.

Singapore's allure as asset management hub set to continue

SINGAPORE is unlikely to lose its shine as an asset management hub even in the midst of the Covid-19 pandemic, as developments such as the Variable Capital Companies (VCC) framework and the...

Singapore Aug bank lending falls for 6th straight session

BANK lending in Singapore in August fell for the sixth straight session over the month, preliminary data from the Monetary Authority of Singapore showed on Wednesday.

Tech funding in Vietnam dips in H1 2020 after bumper 2019

WHILE 2019 was a blockbuster year for tech deals in Vietnam, funding in the first half of 2020 saw a drop as travel restrictions and uncertainties in global financial markets disrupted deal-making...

Vietnam tech investments soar in 2019 but dip in H1 2020

WHILE 2019 was a blockbuster year for tech deals in Vietnam, funding in the first half of 2020 saw a drop as travel restrictions and uncertainties in global financial markets disrupted deal-making...

US$100m fund being raised to target early-stage Asean buys

A NEW venture capital firm by five private capital veterans, including businessman Koh Boon Hwee, is raising an inaugural fund of over US$100 million to capture early-stage opportunities in South-...

Covid-19 turmoil creates fresh openings for new startups

THE economic downturn can in fact be an opportunity for entrepreneurs to launch new ventures, startup veterans and investors tell The Business Times. While funding may be tougher to secure, new...

Lightspeed swoops in on bright spots in S-E Asian startups

DESPITE the gloomy skies, US-headquartered Lightspeed Venture Partners is bullish on South-east Asian startups that can fill key "infrastructure gaps" amid the Covid-19 outbreak, the venture firm'...