News

Grab targets US$2 billion more in funding this year

GRAB aims to raise another US$2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over US$4.5 billion of funding in what has become South-east Asia'...

MAS says it has not uncovered any impropriety by DBS

The Monetary Authority of Singapore (MAS) said yesterday that its supervisory reviews to date have not uncovered any impropriety on the part of DBS in performing its roles as both issue manager...

Grab eyes additional US$2b funding this year: CEO

[SINGAPORE] Grab expects to raise another US$2 billion from strategic investors this year, the CEO of South-east Asia's biggest ride-hailing firm said, just weeks after it announced funding of...

Money FM podcast: The Hot Seat: Starting a new F&B business from scratch

SIA cabin crew turned entrepreneur, Yvonne Kwek, founder of The Humble Scoop, shares more on what it takes to start a new F&B venture with no previous experience.

Major VC player from Israel plans Asia fund, but says it'll watch out for froth

ONE of Israel's most active venture funding outfits plans to raise between US$30 million and US$50 million with an Asian partner for its first Asia fund in the next 18 months, even as it watches...

BHP to cut more than 700 white-collar jobs, including some in Singapore: report

THE world's biggest miner BHP Group is poised to cut over 700 white-collar jobs, The Australian newspaper reported, adding that the process could start as early as this week.

Ripple aims to make a splash in Asia with expansion of Singapore office

AS MORE banks come aboard the blockchain wagon, US-headquartered startup Ripple is expanding its Asia-Pacific headquarters in Singapore to be more responsive to the needs of its regional customers...

Indonesia's ride-hailing firm Gojek joins 'Decacorn' ranks with US$10b valuation

INDONESIAN ride-hailing service Gojek's value was estimated at US$10 billion by a US market intelligence company, putting it in the ranks of startups called decacorns.

Forging business partnerships at Hannover Messe

THIS year marks the second time a Singapore delegation has attended the Hannover Messe trade show, which has served as a platform for Singapore companies to showcase their products to a wider...

Forward-looking Budget for the long term

From doing away with streaming in schools to having more schemes that support young companies, this year's Budget came up with a range of new policies and initiatives that will keep Singapore...

 

Emerging Enterprise award

Closes June 1, 2018