News

It pays to compare - for financial comparison sites and users alike

COMPETITION has become keener for financial comparison sites with three new ones launched in Singapore in the last five months, reflecting the business potential for such sites.

Restaurant reservation platform Chope raises US$8m in latest round of funding

ONLINE restaurant platform Chope has pulled in US$8 million in Series C funding, which is the third round of financing in the early-stage financing cycle.

Crowdfunding platform raises S$660,000 for Mezzo Interiors

HOMEGROWN debt-based crowdfunding platform New Union on Monday said it has raised S$660,000 for interior design firm Mezzo Interiors, an amount said to be one of the largest raised by a small and...

Quick Takes: Manufacturing recovery intact, but challenging outlook remains

SINGAPORE'S industrial production fell 2.3 per cent in May on a year-on-year basis - yet another month of contraction, although this marked a recovery from April's sharp 9.1 per cent decline.

SGX to invest S$1.5m to help develop CapBridge platform

SINGAPORE Exchange (SGX) will provide up to S$1.5 million to support the development of CapBridge, the equity crowdfunding (ECF) platform it will jointly set up with Clearbridge Accelerator (CBA)...

Japan's Dream Incubator to launch US$100m fund in S'pore, region

THIS June, Tokyo-listed venture firm Dream Incubator (DI) will launch a US$100 million fund in Singapore and the region, having set its sights on emerging companies here for almost a decade now, BT...

Singapore startup Mesitis bags US$3m in Series A funding

HOMEGROWN fintech (financial technology) startup Mesitis, whose product Canopy is a personal financial data aggregation platform for high net worth individuals, has bagged US$3 million in Series A...

iflix launches in Malaysia, the Philippines

IFLIX, a video-on-demand (VOD) service founded by Singapore-born Internet entrepreneur Patrick Grove, on Wednesday made its global debut in Malaysia and the Philippines.

Singapore settles for slower growth for rest of decade

FOR the rest of the decade, the Singapore economy will grow at a slower-than-expected pace of 2-4 per cent per year - a downgrade from the 3-5 per cent expansion initially envisaged.

Singapore core inflation at its lowest in 5 years

APRIL might have become part of the longest consecutive period of declining prices since 2009, and registered the lowest core inflation reading in five years - but neither will change the fundamental...

 

Emerging Enterprise award

Closes June 1, 2018