Money

Singtel Indonesia associate Telkomsel, partners create US$40m fund for start-ups

SINGAPORE - Telkomsel, Singtel's regional associate in Indonesia, has created a new fund with an initial budget of US$40 million, in collaboration with Telkom's corporate venture capital (VC)...

Hyflux bonds are no Lehman Minibonds

Reactions to the financial woes of water treatment company Hyflux have been robust, with several commentators equating it to the Lehman Minibonds fiasco 10 years ago when some 10,000 retail...

Estate planning not just for the wealthy

Estate planner Eugene Soo believes we should all get our financial affairs in order so that when the fateful day comes and we do kick the bucket, everything will be squared away nicely.

Local food startup bags US$10m in Series B funding

SINGAPORE-BASED food-tech startup Grain has raised US$10 million in a Series B funding round led by Thailand's Singha Ventures, as it looks to expand to other Asian cities, starting with Bangkok...

Why you should root for the Uber IPO to fail

UBER'S initial public offering (IPO) is yet another chance for Uber and its detractors to sell their competing ideas of what this company represents.

Beware vegan 'meat' peddled by venture capitalists

THE potential of plant-based meat alternatives to lead to more ethical, more environmental sources of protein for the world is something to cheer.

Winter has come for property loans

THE property cooling measures are starkly biting, with housing loans growth decelerating to its weakest pace since at least 1992, preliminary data from the Monetary Authority of Singapore (MAS) on...

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...

Regulators must prepare for systemic risk from startup ecosystem

THE startup model for building a business is increasingly dominant, and is here to stay. And it has become a new source of potential risk for the broader economy.

RWDC Industries raises US$22m in Series A3 funding round

RWDC Industries, a Singapore-based biotech startup, has raised US$22 million in an oversubscribed Series A3 round led by Singapore-based venture capital firm Vickers Venture Partners and...

 

 

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