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Singapore channels private equity into Myanmar growth sectors

Ascent Capital Partners, a Singapore-registered fund manager, has launched a Myanmar-focused private equity fund focusing on companies in the consumer, education, financial services, healthcare and the technology, media and telecommunications sectors in the country. The anchor investors in the Ascent Myanmar Growth Fund I (AMGF) are U Aung Moe Kyaw, founder of Myanmar Distillery Co […]

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Singapore has world’s largest number of international e-commerce businesses – but founders say it’s getting harder to expand overseas

Singapore, alongside Hong Kong, has the world’s most online businesses that have gone international. This was one of the key findings of a research report by payments infrastructure company Stripe published on Tuesday (Jan 15), which looked at how online businesses expand internationally. The report surveyed over 9,000 founders and senior executives of online businesses across 15 countries – including 601 […]

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Business interruptions, cyber incidents top risks to Singapore firms in 2019: Poll

SINGAPORE firms say business interruptions (BIs) and cyber incidents are the biggest risks they face this year according to a survey by Allianz Global Corporate & Specialty (AGCS). Of the 200 Singapore respondents to its Allianz Risk Barometer 2019 poll, 43 per cent selected BIs and 42 per cent cite cyber incidents as the top risk, outpacing fire and natural catastrophes. In total, 2,415 respondents from 86 […]

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9 in 10 Singaporeans say job hours and workload different from what was promised at the interview: Glassdoor

Feel like you’re working more than agreed? Well, you’re not alone. According to a Glassdoor survey of 1,043 Singaporean employees and job seekers, 92 per cent of respondents said their working hours turned out to be different from what their employers initially communicated. Respondents identified hours, workload and responsibilities as areas of their job that ended up being different from […]

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