Money

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.

IT, finance firms upbeat on 2020 first-half prospects: Poll

Economic uncertainty has not dented the confidence of Singapore's business leaders about prospects for the new year.

World's biggest hedge fund returns are found in Singapore

[SINGAPORE] On most mornings, Chong Chin Eai starts his day with a jog through Singapore's Botanic Gardens. After taking his son to school, he trades futures on his laptop at home until it's time...

Regional markets expected to build on recent gains

With both the US and China confirming terms of a Phase One trade deal, investors can take heart that the bitter relationship between the two economic powerhouses may have finally changed.