News

Digital currencies will not displace the dominant dollar

THE global discussion on the future of money has been irreversibly altered in the six months since Facebook announced plans for a digital currency. While Libra's own prospects have dimmed, major...

Getting locals to take on PMET jobs in construction

Local white-collar workers appear to be shying away from the construction sector, but new policies are in the offing to lure them back.

Sim Lim Square fails in collective sale bid; 11 shops on market

Eleven shops in Sim Lim Square have gone on the market after the tech mall's second bid to sell en bloc failed to attract buyers.

Facebook to grow China ad business from S'pore

SAN FRANCISCO • Facebook is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief...

ClassPass raises US$285m in Series E funding

FITNESS marketplace startup ClassPass has raised US$285 million in its Series E investment round, led by private equity firm L Catterton and Apax Digital, with additional participation by existing...

WeWork's Adam Neumann in talks to boost investment in mortgage-servicing startup

[NEW YORK] WeWork co-founder Adam Neumann's family office is in discussions to put additional capital in Peach Street Inc, a startup focused on mortgage servicing.

M1, SIT to jointly develop AI solutions for mobile network management

TELCO M1 Limited and the Singapore Institute of Technology (SIT) are collaborating to develop artificial intelligence (AI) solutions to improve the operations of mobile networks.

HK landlords face tough times as shop, office rents sink

LANDLORDS in Hong Kong, a city with some of the highest commercial rents in the world, are staring down the barrel of a tough year.

Data analytics and automation part of the tool kit for a safer banking environment

THE banking industry has had its share of money-laundering and fraud schemes over the last five years. These issues have become significant enough for banks to start investing heavily in some form...

Singapore's digibank experiment is right balance of innovation and prudence

THE buzz behind digital banking in Singapore speaks to the belief that small-and-medium-sized enterprises (SMEs) here and in the region can be better served by technology and the use of...

 

Emerging Enterprise award

Closes June 1, 2019