by admin | Aug 15, 2023 | General
SINGAPORE — As the world fights the novel coronavirus pandemic, Southeast Asian startups face another battle: Cash burn. With economic activity paralyzed by the outbreak, many startups are scrambling to cut costs — slicing payrolls and the wages of those...
by admin | Aug 15, 2023 | General
SINGAPORE — Singapore-based venture capital group Quest Ventures has secured the first close of its $50 million fund, according to a statement.More than half of the target corpus has already been raised with its limited partners (LPs) comprising Temasek’s...
by admin | Aug 15, 2023 | General
SINGAPORE — The Singaporean government has backpedaled away from a coronavirus PR campaign that was supposed to lighten the mood but instead came across as insensitive — and alienated Liverpool soccer fans.A government website on Monday introduced the...
by admin | Aug 15, 2023 | General
SINGAPORE — One of Singapore’s foremost oil traders, Hin Leong Trading, is now struggling to stay afloat amid a plunge in crude oil prices and greater scrutiny by banks that has left it facing a cash crunch.The company had by Wednesday submitted a court...
by admin | Aug 15, 2023 | General
SEOUL (Reuters) — North Korean state media on Wednesday made no mention of leader Kim Jong Un’s health or whereabouts, a day after intense international speculation over his health was sparked by media reports he was gravely ill after a cardiovascular...
by admin | Aug 15, 2023 | General
BEIJING — A Chinese robotics startup is growing into a major supplier of technologies to improve the efficiency of operations at distribution centers that fulfill soaring e-commerce orders.Demand for systems for more efficient and smarter warehouse management is...