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Digital payment service firm OVO is Indonesia's fifth unicorn, minister says

JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) - Digital payment service firm OVO has become the fifth Indonesian unicorn, as the company is now valued at more than US$1 billion (S$1.38 billion),...

Philippines AirAsia to launch IPO between 2020 and 2021

[MANILA] The Philippine unit of AirAsia Bhd is delaying its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganisation, its chairman said on Wednesday.

DBS launches digital solutions package for logistics SMEs

DBS Bank on Wednesday rolled out a digital solutions package for small and medium-sized enterprises (SMEs) in the logistics sector, aiming to help...

New 'co-living hotel' opens in Chinatown with room rates from $60 to $200 a night

SINGAPORE - Catalist-listed food and beverage (F&B) player Katrina Group on Wednesday (Oct 9) unveiled a hotel in Chinatown through its hospitality arm, as the first in a new line of...

What important innovation or idea is being overlooked today?

EVERYONE wants an early glimpse of the next big thing, a peek into the future. So we went to Asia to ask some leading investors, financiers, and technology executives for their take on what the...

Goldman evaluating role in China's Megvii IPO after US blacklist

[NEW YORK] Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the US government placed the Chinese...

Wirecard raises long-term growth targets; analysts unconvinced

[BERLIN] German payments group Wirecard raised its long-term outlook on Tuesday, but the company's shares fell as analysts questioned the ability of any tech company to give a precise forecast for...

Silicon Valley's mantra of spend big, grow fast? It's changing

[SAN FRANCISCO] Fred Wilson, a venture capitalist at Union Square Ventures, recently published a blog post titled "The Great Public Market Reckoning". In it, he argued that the narrative that had...

Enterprise Singapore to review its programme to drive business excellence

ENTERPRISE Singapore is undertaking a "comprehensive review" of the Business Excellence initiative to ensure its relevance, given that companies are faced with shifting challenges.

Economic Affairs: The tricks companies play online

They take advantage of consumer biases, but now face pushback.

 

Emerging Enterprise award

Closes June 1, 2019