Boosted by stay-at-home trends, Singaporean gaming and lifestyle company Razer posted record-high earnings in the first half of 2020. Razer’s fintech arm saw a 114.3% year-on-year increase in total payments volume (TPV) fuelled by demand for digital payments due to the pandemic. Concerns over shrinking mask supplies led the firm […]
DBS Bank, a Singaporean multinational banking corporation, accelerated its digital transformation to respond to challenges posed by COVID-19. 5G-enabled banking has been identified as a new normal as secureand contactless banking continues to grow in demand. Jimmy Ng, group chief information officer, elaborates on the bank’s problem-solving culture. This article […]
Global venture capital firm GGV Capital has offices in China, Singapore, and Silicon Valley has seen its 200-plus portfolio companies through the fallout of the pandemic. Jenny Lee, a Singaporean managing partner at the firm, says short-term impact for startups is unavoidable but long-term outlook can be positive. The Southeast […]
Singapore won global admiration for its handling of the pandemic, when a surge in cases and its first few deaths drove the government to impose partial lockdowns and travel bans. Despite efforts to curb the spread, businesses were hit hard, particularly those in the food and beverage, tourism, and construction […]