Money

Consumer loans see record fall in March on virus fallout

CONSUMER loans registered its sharpest fall on record over a big shrinkage in unsecured personal loans in March, fresh data from the Monetary Authority of Singapore (MAS) showed on Thursday.

Startups continue to raise funds amid Covid-19

STARTUPS in South-east Asia have continued to close funding rounds despite the slowdown in investor activity due to the economic impact of Covid-19. Companies from logistics service providers to...

Surge in PayNow Corp sign-ups as firms seek fast support payouts

WITH their shutters drawn and government relief pumped through digital channels, businesses in Singapore have been driven to adapt to electronic payments amid the Covid-19 crisis.

Quest Ventures looks to bridge S-E Asia and Central Asia with second fund

LOCAL venture firm Quest Ventures is vying to strengthen startup collaborations between Central Asia and South-east Asia, having clinched the support of Kazakhstan's QazTech Ventures to hit the...

Navigating loan obligations amidst the Singapore Covid-19 (Temporary Measures) Act 2020

How lenders and borrowers should navigate loan obligations following the Temporary Measures Bill. By Justin Yip, Partner, and Lam Zhen Yu, Associate, Withers KhattarWong LLP

What do recent SG Budgets mean for SMEs?

The Singapore Government has announced three Budgets since the outbreak of COVID-19. Li Lian Ng, Head of Business Banking HSBC Singapore, highlights the key points SMEs need to know.

Flexible Financing Holds Massive Potential for SME Growth

By Dr Tan Sian Wee, Co-Founder and Executive Director, Finaxar

Hotelier grandson of Asia's sugar king turns venture capitalist

[SINGAPORE] As a 17-year-old trainee bellboy, Kuok Meng Xiong spent a summer opening doors at his family's Island Shangri-La hotel in Hong Kong.

Sequoia Capital warns startups of coronavirus 'black swan' event

[SAN FRANCISCO] Sequoia Capital, one of the world's leading venture capital (VC) firms and a periodic soothsayer for the industry, sent an email to its entrepreneurs on Thursday warning that the...

Asean moving up the startup menu for global investors

SOUTH-EAST Asia may have long been overshadowed by China and India on the global Venture Capital (VC) stage, but more investors are now looking to deploy their dry powder in the region - drawn by...