News

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...

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...

Singapore SMEs remain cautiously optimistic about business prospects in the next six months, with key economic sectors showing a slight uptick in reading, according to the latest SBF-Experian SME Index. The ongoing trade tensions between US and China has cast a shadow over the...

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...

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...

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...

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...

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...

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...

Following its debut in January 2018, positive impact business recognition program Brands for Good returned for its second installment this year on 26 September 2019. Organised by IPOS Society and International Intellectual Property Commercialisation Council (IIPCC) Singapore, the program is sponsored by Maybank...