Economy
VCs bet big on ESG startups
VCs bet big on ESG startups
Investments in the urban solutions and sustainability domain surged 56% over last year.
Daily Briefing: CPF, HDB, IRAS to resume operations from 2 June; Kollective Ventures acquires Paktor Group
And B Capital, Antler announced collaboration.
Chart of the Day: Budget measures a huge help in SME staff retention
But sectors such as hospitality/F&B, amongst others, need more support.
Nearly half of APAC firms stray from due diligence checks
This comes as companies struggle to monitor third-party risks during the pandemic.
Chart of the Day: SMEs turn to WFH and reduced work hours to cut costs
Some in the hospitality/F&B, wholesale and construction sectors resort to delaying payments.
Daily Briefing: Vickers Venture seeks investment from Korean investors; Ride-hailer TADA's parent company completes series A funding
And Bvlgari launches Singapore online store ahead of Italy.
SEA VC funds accumulate $1.3b in additional assets
Singapore and Indonesia dominated the VC fundraising market.
Chart of the Day: Delayed payments perceived as top hiccup for SMEs
The services and transport/storage sectors registered the highest occurrence of late payments.
Daily Briefing: ComfortDelGro trials plastic shields in 400 taxis; Solubots unveils self-cleansing disinfecting robots
And Sirius Ventures leads funding in ShuttleOne.
Singapore to implement three-phase reopening plan
Some manufacturing and healthcare businesses will be allowed to resume on 2 June.
Daily Briefing: ARA Asset Management delays closing of second value-add fund; Grab Ventures Velocity programme selects five startups
And agritech accelerator Grow launches Food Bowl programme.
Chart of the Day: Over half of logistics SMEs expect negative outlook
They are anticipating more challenges on operating capital in the next six to 12 months.
Japan's GDP growth could contract 5.2%
Economy activity is expected to suffer despite restrictions being lifted in prefectures.
Thailand's GDP to maintain 4% contraction
This comes as exports, public consumption, and investment dragged on growth.
Navigating business through chaotic times in Singapore: five ways to evolve in a post-pandemic world
Singapore, like the rest of the world, has their hands full in dealing with the COVID-19 pandemic. We have seen a torrent of change, and adjustments...
Daily Briefing: Gojek partners with Deliveroo to provide food delivery; Holmusk closes $30.48m series A round
And Logos, CSC to redevelop a warehouse in Singapore.
Chart of the Day: Nearly half of SMEs anticipate worse business conditions
Transport/storage, hospitality/F&B, wholesale, and retail sectors are expecting less sales.
Read Here
Advertise
Sign Up
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success