Money

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...

Investment banks cosy up to VCs in hunt for potential unicorns

INVESTMENT banks in Asia are increasingly getting intimate with the region's startup space.

Singapore helps global cryptocurrency firms to expand their local operations

[SINGAPORE] Singapore is introducing new payments legislation that offers global cryptocurrency firms a chance to expand their operations in the country by applying for operating licences for the...

Banks and payments players need to change their playbook

HOW the stodgy world of payments has changed. Consider that at a recent rugby match in Malaysia, one of the writers ordered grilled satay chicken from a stand run by a 12-year-old boy. Cash only?...

Discipline is the name of the game as startup valuations soar

A YEAR of shake-ups in the venture capital (VC) industry has spurred VC firms in South-east Asia to train a watchful eye on rapidly rising valuations.

No more 'burn, baby, burn': VCs expect more caution in 2020

THE South-east Asian startup party is far from over, but venture capital firms expect that the music may hit a note of caution, as investors emphasise business fundamentals over pure hype.

Everyone wants a piece of enterprise tech companies

[SAN FRANCISCO] With all eyes this week on the CES trade show in Las Vegas, famous for a mind-boggling array of personal gadgets, it's worth considering something counterintuitive: Venture...

The real tech innovation of the decade? Other people's money

TECHNOLOGY changed every molecule of life in the 2010s.

Singapore bank lending up 0.5% in Nov from Oct

BANK lending rose 0.5 per cent in November from October, easing slightly from a 0.7 per cent increase in October, preliminary Monetary Authority of Singapore data showed on Tuesday.

Indonesia's Alpha JWC Ventures closes US$123m tech fund

[SINGAPORE] Alpha JWC Ventures, an Indonesian firm co-founded by a former banker turned venture capitalist, has closed its second fund at US$123 million.