Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), an agency under the Ministry of Entrepreneur Development inked two Memorandum of Understandings (MoUs) with Telekom Malaysia Berhad (TM) and Commerce.Asia respectively to complement SME Bank’s transformation agenda. Through the partnership, SME Bank aims to create the National...
The State Bank of India is planning to expand its market in Singapore by enhancing its relationship across small and medium enterprises (SMEs) some of which have strong footholds across Asia Pacific. Acknowledging the stiff competition from fintech companies, the SBI is also contemplating...
CIMB Bank Berhad and CapBridge Pte Ltd have signed a memorandum of understanding to facilitate capital raising and trading of shares for private companies through the CapBridge investment platform and the 1exchange private securities exchange. This MOU will see CIMB Bank and CapBridge collaborating to offer the...
Alibaba Group has entered into a strategic collaboration with the municipal government of Yiwu, Zhejiang Province, China to launch an eWTP hub in Yiwu to digitize trade infrastructure and empower new trade flows for the city which is known for its wholesale market. This...
Deskera, Asia's leading Cloud-based platform, and Funding Societies, Southeast Asia's largest Peer-to-Peer (P2P) financing platform, is entering into a partnership with the aim to support underserved SMEs by providing alternative financing solutions. With the two organisations working together, SMEs will also be able to take a step...
Accelerating Asia (AA), a regional network of startup programs and an early-stage venture capital fund headquartered in Singapore, has announced the launch of its inaugural accelerator cohort. The program aims to identify and fast-track the development of seed-stage startups in Asia. AA is an independent startup accelerator...
GIC, Singapore’s sovereign wealth fund, and Polymer Connected, a data centre provider, have established a partnership to develop a data centre campus in Jakarta. With this partnership, Polymer Connected has acquired the land to build the campus, strategically located in Jakarta Barat. This will...
UOB and Mastercard have launched a credit card designed for small- and medium-sized enterprises (SMEs). In creating the card, Mastercard and UOB conducted face-to-face interviews and surveys with senior executives in SMEs to have a deeper understanding of how commercial cards can enable them...
Ascendas-Singbridge Group (ASB), supported by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, announced the formation of a Smart Urban Co-Innovation Lab, the first developer-led lab in Southeast Asia. Slated to be launched later this year, the lab will facilitate and support at least 30 co-innovation...
SingPost and Synagie will collaborate to provide on-demand warehousing and fulfilment solutions to SMEs in Singapore and Southeast Asia (SEA). Southeast Asia’s small and medium-sized enterprises (SMEs) will now be able to utilise state-of-the-art warehousing and fulfilment services provided by SingPost subsidiary Quantium Solutions,...