News

Proptech startup REALly raises S$500,000 in seed funding

PROPERTY management marketplace REALly has raised S$500,000 in seed funding from strategic advisory Huntington Partners, alongside angel investors, the company said in a press release on Tuesday...

SAP launches Singapore accelerator for SE Asian enterprise tech start-ups

SINGAPORE - German software giant SAP aims to groom South-east Asian start-ups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday (Aug 13).

European blockchain firm Bitfury launches artificial intelligence unit

[NEW YORK] European blockchain company The Bitfury Group, valued recently at more than US$1 billion, has launched its artificial intelligence (AI) division, the company's top official told Reuters...

Singapore billionaires' hotpot stock Haidilao still has steam left to rise after jumping 78%, say analysts

The Sichuan-based firm is the market leader in hotpot in China, where customers are willing to queue for hours to get a table at one of its over 500 outlets.

Investors bet on India social commerce startup in US$125m funding round

[BANGALORE] Facebook Inc is participating in a US$125 million fundraising for an Indian startup that is aiming to bring more commerce to social networks like, well, Facebook.

MAS rules out off-cycle policy meeting despite GDP outlook downgrade

SINGAPORE’S central bank will not move outside its usual schedule to change its monetary policy, chief economist Edward Robinson confirmed in a briefing early on Tuesday.

Singapore cuts economic growth forecast to 0-1% for 2019

SINGAPORE has cut its official growth forecast for the second quarter running, on a flat economic performance in the first half of the year.

NODX forecast slashed to -9 to -8% for 2019; Q2 performance sinks by double-digits

SINGAPORE’S key non-oil domestic exports (NODX) sank by double digits in the second quarter, contracting by 14.6 per cent compared to a year ago, Enterprise Singapore said on Tuesday.

Digitalisation will leave an impact on the future of work

WITH technology becoming faster, smarter and cheaper, it is only a matter of time before jobs that thus far were done only by humans will either be done in newer ways using human and machine...

AI-powered maths practice platform makes learning fun

PRACTICLE, a new online practice platform for primary school mathematics, aims to gamify the everyday task of revising the subject. Armed with an artificial intelligence named RAE, which stands...

 

Emerging Enterprise award

Closes June 1, 2019