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Mobike’s backpedal, and a lesson on ambition

WHEN Qiming Ventures invested in Mobike, it saw a disruptive force tackling the issue of getting around dense cities in the world's most populous country, observed Helen Wong, the partner who was behind the Chinese venture capital (VC) firm's investment in the Chinese bike-sharing firm.

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How Grab can outwit the incumbents

VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.

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Asean’s top venture lender InnoVen increases its tempo

SOUTH-EAST Asia's top venture debt firm InnoVen Capital sees room to be more active in deals this year, as startup founders look to reduce equity dilution without losing sight on growth, said a senior executive from InnoVen.

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More VCs pour into Asean, but await elusive exits

VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.

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MAS maintains monetary policy, cuts core inflation forecast to 1 – 2%

THE Monetary Authority of Singapore (MAS) is holding steady on monetary policy but downgrading its forecast range for core inflation to between 1 and 2 per cent, it announced at its latest half-yearly monetary policy review on Friday.

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South-east Asian banks most used to receive funds from fraudulent transactions: SWIFT

HACKERS used South-east Asian banks to receive funds from 83 per cent of all studied fraudulent transactions in 2018 and 2019, according to global payments network SWIFT.

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Singapore 5th out of 6 Asean countries in growth of mobile payments use: PwC survey

SINGAPORE came in fifth out of six South-east Asian countries for growth in mobile payments use, while Vietnam tops the table both regionally and globally, according to PwC's Global Consumer Insights Survey 2019.

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NTUC Income, China’s ZA Tech team up to develop digital insurance products

INSURER NTUC Income has partnered ZA Tech Global Limited to develop digital innovations and product launches in Singapore, starting with a lifestyle insurance product catering to the tourism sector.

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HSBC Private Banking in Singapore hires ex-Credit Suisse banker for ultra high net worth unit

HSBC Private Banking has made another senior hire for its new ultra high net worth unit focused on serving super rich families in Asia, following two senior hires in March.

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NTUC Income, China’s ZA Tech join hands to develop innovative digital insurance products

INSURER NTUC Income has partnered ZA Tech Global Limited to develop digital innovations and product launches in Singapore, starting with a lifestyle insurance product catering to the tourism sector.

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