Economy
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MAS and Abu Dhabi Global Market in collaboration to boost fintech innovation
The Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM) on Wednesday signed an agreement to foster closer cooperation on developments and initiatives that nurture financial technology entrepreneurship and support innovation in…
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South Korean home cleaning startup Miso launches on demand moving-out cleaning service
South Korean home cleaning startup Miso launches the on demand moving-out cleaning service beginning March in three major cities in South Korea – Seoul, Incheon, and Gyeonggi-do.
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Indonesian Kejora Ventures announces first close of US$80 million fund for growth-stage startups in Southeast Asia
Indonesia-based VC firm Kejora Ventures has announced on Wednesday news regarding the first close of its Kejora Star Capital II Fund, which is targeted at US$80 million for investments in Southeast Asia. Kejora, which is…
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China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals
Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.
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Galaxy Holdings, Puji Capital announces joint venture platform to back foreign businesses in Shenzhen
Galaxy Holdings and Puji Capital has recently formed a strategic joint venture to provide investment capital and act as a business incubator for foreign companies entering the China market. They will invest in more than…
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Dasin Retail Trust seeks Singapore IPO to raise US$84.5 million
Chinese mall business, Dasin Retail Trust is looking to raise at least 586.4 million yuan (about US$84.5 million) in its initial public offering on the Singapore Exchange (SGX) mainboard.
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Healthcare startup, eBeeCare to expand into India and China in 2017
eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.
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IdeaSpace launches 2017 Philippines startup competition
IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.
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Three VC firms to launch US$375 million Biomedical Translation Fund
The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to…
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China Merchants VC leads funding round in tech media platform 36Kr.com
Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.
