Singapore

ThaiBev Group CEO Thapana Sirivadhanabhakdi said he would like to see the Vietnamese government sell more of its 36% stake in Sabeco to the public. (Photo by Francesca Regalado)
Food & Beverage

ThaiBev stays course in Vietnam to regain regional market lead

CEO wants Hanoi to sell 36% stake in Sabeco on public exchanges

27 September 2022
Singapore's Temasek Holdings has led a round of funding for startup Well-Link Technologies, which helps console makers and other clients with cloud tech. (Source photos by Reuters)
DealStreetAsia

Singapore's Temasek leads $40m funding for China cloud-tech startup

Well-Link plans to use fresh capital to develop both software and hardware

27 September 2022
Lazada Group CEO James Dong says Alibaba's financial support has given the platform an edge over Southeast Asia's other e-commerce players. (Source image by Tsubasa Suruga and Lazada)
Technology

Alibaba funds give Singapore's Lazada confidence on post-COVID growth

E-commerce giant's CEO sees competition easing after pandemic's boom

27 September 2022
People shop for food in a market in Hanoi: Vietnam's economy is to grow faster than its Asia-Pacific peers this year, expanding by 7.2%, the World Bank said in its latest forecast.
Economy

Vietnam emerges as Asia's growth leader as China slows

Food, fuel subsidies risk long-term distortion, warns World Bank

27 September 2022
One Championship group President Teh Hua Fung said he is confident its business model is “inherently profitable,” adding that the “revenue will grow very quickly” once the company has sufficient brand recognition and content. (Source photos by Tsubasa Suruga and courtesy of One Championship) 
Startups

UFC's Asian rival One Championship looks beyond home market

Singapore's mixed martial arts brand prioritizes investment to cement fan base

26 September 2022
Chainalysis said Thailand and Vietnam saw high web traffic to marketplaces for non-fungible tokens.
Cryptocurrencies

Thailand and Vietnam emerge as ASEAN crypto trading hot spots

Each country logs over $100bn transactions in a year, topping Singapore

21 September 2022
Singapore-based climate-focused investment company Trirec is targeting green projects in Southeast Asia and beyond. (Screenshot from Trirec's website) 
DealStreetAsia

Singapore green investment firm's venture capital fund raises $75m

Trirec focuses on renewable energy and clean technology projects

21 September 2022
Founded in 2014, Nutrition Technologies manufactures protein from black soldier fly larvae as a sustainable alternative to fishmeal, a common ingredient in animal feed. (Source photos from Nutrition Technologies' website) 
DealStreetAsia

Singapore startup that turns fly larvae into animal feed gets $20m

Nutrition Technologies looking to expand in growing insect protein market

20 September 2022
Carro offers subscription-based car leases in Singapore and other Southeast Asian markets. (Photo courtesy of Carro)
SoftBank

SoftBank rolls out used-car subscriptions with Singapore's Carro

Joint venture brings Vision Fund-backed startup's AI-driven pricing to Japan

20 September 2022
Workers in Singapore: Asian employers are more eager to bring people back to offices than Western companies, research suggests.
Coronavirus

From Singapore to Japan, workers get restless as offices call

Surveys signal clash between employer and employee priorities after COVID

19 September 2022
Ethereum is transitioning from mining to a proof-of-stake model, a move that is hoped will shore up interest in digital assets while decreasing energy usage.
Cryptocurrencies

Ethereum merge: Crypto players raise stakes amid blockchain shift

Digital token services in Asia hunt for fresh opportunities, but risks remain

15 September 2022
Grab, which reported a $1 billion net loss for the first half of this year, will focus on attaining profitability.
Companies

Grab faces crossroads in food delivery as restaurant dining returns

Southeast Asian leader joins competitors in shaking up growth strategies

15 September 2022
Emerging economies' public- and private-sector debts are rising quickly, reaching 252.4% of gross domestic product in April to June, and are likely to keep growing this year.
Economy

Inflation spending to swell debt in emerging Asia

Borrowing harder for emerging economies due to dollar's rise, IFF warns

15 September 2022
Jia Hang was appointed as Ant Group’s general manager for Southeast Asia in March after joining the group’s international business in 2015. (Source photos by Tsubasa Suruga)
Technology

Ant Group's ASEAN expansion comes at right time: regional head

Alibaba fintech affiliate bets on global markets to counter restrictions at home

12 September 2022
Queen Elizabeth II and the Duke of Edinburgh at a civic ceremony in New Delhi during the Royal Tour of India, circa January 1961.
International relations

Legacy of decency: Asian leaders pay tribute to Queen Elizabeth II

Monarch was frequent visitor to region during her 70-year reign

9 September 2022
LaSalle's latest fund will invest in projects in places such as Australia, China, Hong Kong, Japan, South Korea and Singapore. (Source image from LaSalle website)
DealStreetAsia

U.S.-based LaSalle raises over $2.2bn for Asia property fund

Will use capital across commercial, residential, logistics, hospitality sectors

9 September 2022
Coronavirus restrictions in Chengdu threaten to add to global supply chain issues.
9 September 2022
Singaporean Prime Minister Lee Hsien Loong meets Philippine President Ferdinand "Bongbong" Marcos Jr. in the city-state on Sept. 7. (Photo courtesy of Singaporean government)
International relations

Philippines' Marcos, Singapore's Lee align on South China Sea

Leaders express 'deep disappointment' in Myanmar's military leadership

7 September 2022
Regionwide, the survey showed that 83% of high net worth individuals had no crypto investments or less than 5% of their portfolio allocated to the asset class. 
Cryptocurrencies

Rich more bullish on crypto in Indonesia than Singapore, Hong Kong

Study shows close to 40% plan to increase allocation despite downturn in tokens

7 September 2022
Singapore-based 99 Group is understood to be looking at acquisitions that could include Vietnamese property technology startup Propzy. (Source image from Propzy website)
7 September 2022
Docquity says it has over 300,000 doctors learning and collaborating through knowledge exchanges. (Source image from Docquity website)
DealStreetAsia

Singapore's Docquity raises $44m led by Japan's Itochu

Company connects doctors and other medical professionals

6 September 2022
The collapse of 3AC has reverberated through the industry, further damaging the credibility of the asset class. (Nikkei montage/Reuters/AP)
Market Spotlight

Aftershocks: 3AC's collapse reverberates through crypto ecosystem

Creditors scared as cryptocurrency hedge fund's liquidation yields little so far

5 September 2022
U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi participate in the Indo-Pacific Economic Framework for Prosperity launch event in Tokyo on May 23. 
Indo-Pacific

Indo-Pacific nations to agree on better supply chain communication

IPEF draft statement for Sept. 8-9 meeting also includes push for clean energy

4 September 2022
Japan’s sweet potato exports totaled 5,600 tons in 2021, according to the Ministry of Agriculture, Forestry and Fisheries. (Photo courtesy of Central Region Agricultural Research Center, NARO)
Agriculture

Hokkaido starts feeding Singapore's 'yakiimo' cravings

Exports of Japan's dessertlike potatoes grew tenfold during the past decade

3 September 2022
Philippine President Ferdinand Marcos Jr. has vowed to "stand firm in our independent foreign policy," siding with neither the U.S. or China. (Source photos by AP and Reuters) 
International relations

Marcos's ASEAN trip sets tone for 'independent' foreign policy

Philippine president to make first official trips to Indonesia and Singapore

2 September 2022