Singapore

Participants at Pink Dot, an annual event organized in support of the LGBT community, gather in a formation to demand the repeal of Section 377A of Singapore's Penal Code, in June 2019.
Opinion

Singapore's attempt to balance repeal of anti-gay law hurts all

Move to forbid judicial review would take away fundamental right

2 September 2022
With its top-notch schools and research institutions -- as well as a growing cluster of global tech giants -- Singapore is giving off a good impression and attracting talent from all over. 
Startups

Singapore wields its neutrality to attract Chinese talent

Expat entrepreneurs and engineers spark startup and fintech booms

2 September 2022
Founded in 1998, Navis manages approximately $5 billion in private equity capital and focuses on investments primarily in Southeast Asia and nearby economies. (Screenshot from Navis website)
DealStreetAsia

Private equity firm Navis exits Singapore manufacturer Adampak

A unit of Japan's Oji Holdings is buying stake from Navis for undisclosed sum

2 September 2022
Grab-Singtel digital bank joint venture GXS promises consumers in Singapore the ability to "earn interest daily." (Photo by Tsubasa Suruga)
Finance

Grab-Singtel beats Sea to the punch with Singapore digital bank

Virtual lender GXS launches with 'earn interest daily' perk to lure consumers

31 August 2022
Singapore-listed commodity trader Olam Group's food and agribusiness includes farming, processing and distribution operations.
DealStreetAsia

Unit of Singapore's Olam Group secures $1.98bn sustainability loan

19 banks are providing multitranche debt facility to Olam Food Ingredients

31 August 2022
Singaporean human resources startup Glints sees strong opportunities in the remote hiring of tech talent. (Photo courtesy of Glints)
Startups

Singapore's Glints gets $50m funding, to expand in Philippines

Japan's Persol-backed HR startup sees opportunities in remote hiring

30 August 2022
Singapore's stellar e-governance systems have reduced service delivery times and provided secure, virtual access through times of crisis, such as the COVID pandemic.
Opinion

Singapore has lessons to offer the world on digitizing government

G-20 can be a platform for sharing best practices with developing nations

30 August 2022
Office workers go to lunch in Singapore's central business district. The city-state aims to attract more talent with a new visa.
Economy

Singapore offers new elite visa as global talent hunt heats up

Expats earning $21,000 a month can stay 5 years, have multiple employers

29 August 2022
Ravi Menon, managing director of the Monetary Authority of Singapore, speaks at the Singapore Fintech Festival in 2016. On Monday, he said the MAS will seek feedback on proposals to protect consumer interests.
Cryptocurrencies

Singapore eyes crypto credit curbs but China-style ban unlikely

City-state's central bank chief clarifies regulatory approach for digital tokens sector

29 August 2022
Singapore’s Far East Hospitality Holdings has added a number of perks for guests who stay at its Adina Serviced Apartments. (Photo by Dylan Loh)
Travel & Leisure

ASEAN hotels roll out red carpet for 'revenge travel'

Hospitality companies from Thailand to Indonesia tout perks to draw tourists back

29 August 2022
Heritas Capital has backed companies in the health care, food and education sectors across Asia. (Source photo from Heritas Capital website)
DealStreetAsia

Singapore-based Heritas Capital launches $50m impact fund

Company looking to finance 'social enterprises' in Asia

29 August 2022
Grab said it will focus more on "high quality" customers to achieve its profitability goals. 
Technology

Grab aims to break even sooner for delivery despite softer demand

Nasdaq-listed superapp continues to taper incentives after Q2 loss narrows to $572m

26 August 2022
LGBT+ supporters calling for the repeal of Section 377A of Singapore's penal code, which criminalizes gay sex, are about to get their wish. But the city-state also plans to enshrine male-female marriage in its constitution.
Politics

Singapore declines to follow Taiwan, Thailand on LGBT+ rights

Move to lift ban on gay sex comes with vow to enshrine male-female marriage

22 August 2022
Major unicorn startups based in Singapore like the superapp developer Grab and the e-commerce and gaming giant Sea have looked past the city-state to the U.S. in becoming publicly listed companies.
Markets

SGX chases links to New York and India as earnings remain flat

Exchange reports 1% increase in full-year net profit amid uncertain market conditions

18 August 2022
Singapore uses rooftop solar panels, but their generating capacity is limited.
Energy

Singapore opens taps on renewable-energy imports with Laos deal

Far-reaching strategy stretches to Australian desert, but carries risks

18 August 2022
E-commerce site Shopee's parent company Sea says its efforts to improve efficiency involve more than just job cuts.
Technology

Singapore's Sea to deepen cost cuts after nearly $1bn Q2 loss

NYSE-listed group 'rapidly prioritizing profitability,' pauses e-commerce guidance

17 August 2022
B Medical Systems, purchased by Navis in 2015, is the world’s largest vaccine cold chain provider. (Source photos from company website)
DealStreetAsia

Malaysia's Navis to exit Europe medical cold chain company

Nasdaq-listed Azenta to acquire entire stake in vaccine storage provider B Med

16 August 2022
Zipmex halted operations, citing market volatility and liquidity problems faced by its Singapore unit, affecting many retail investors in Thailand.
Cryptocurrencies

Assets of Zipmex Thailand's users locked until restructuring deal

Singapore court grants crypto company 3-month reprieve to find solution

15 August 2022
Stripe’s expansion shows a possible route to growth for digital payment companies trying to keep up with the latest pandemic-induced economic realities. (Source photos by courtesy of Stripe)
Technology

Stripe CEO: U.S. tech companies 'underestimate' Asia's potential

Despite fintech downturn, payment giant doubles down on overseas business

15 August 2022
Real estate technology across Southeast Asia is a growing focus for Gaw Capital. (Source photos by AP and screenshot from company website) 
DealStreetAsia

Gaw Capital eyes real estate opportunities in Southeast Asia

Hong Kong-based private equity company has $100m to invest in sector

15 August 2022
Students carry a giant Indian national flag during a "Tiranga Yatra" rally as part of celebrations commemorating 75 years of Indian Independence, in Ahmedabad, India, on Aug. 8. 
Your Week in Asia

World War II anniversary, Najib's final appeal, Tencent results

Your weekly lineup of Asia's biggest business and political events

14 August 2022
Super app provider Grab celebrated its 10th anniversary on Aug. 11 with the opening of a new headquarters in Singapore. (Photo by Tsubasa Suruga)
Technology

Singapore's Grab vows 'inclusive growth' for ASEAN's gig economy

Superapp to upskill small merchants, provide scholarships for students

11 August 2022
Singapore's Changi Airport is pushing ahead with a fifth passenger terminal, after the pandemic delayed its expansion plans.
Transportation

From Singapore to South Korea, airport ambitions face headwinds

Asia home to most expansion projects yet lags in traffic recovery after COVID-19

11 August 2022
ProfilePrint allows growers, manufacturers and retailers to assess the quality and authenticity of raw ingredients online with a only small sample. (Photo by ProfilePrint)
Technology

Singapore's ProfilePrint to use AI to grade Asia food ingredients

Startup secures fresh funding from global giants such as U.S.-based Cargill

11 August 2022
Singaporean Prime Minister Lee Hsien Loong has warned of "profound implications" from the Ukraine war for Asia and the city-state, economically and in terms of security.
Economy

Singapore cuts Q2 GDP growth to 4.4%, downgrades range for 2022

Full-year forecast trimmed to 3-4% amid Ukraine disruptions, Taiwan tensions

11 August 2022