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Friday Flashback: Singapore Boosts Startup Funding Know what happened in the APAC region over the past week

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Here's a series on the big developments that took place in the APAC region over the past one week.

    • Singapore has set aside additional $74 million for startups and SMEs to foster the entrepreneurial spirit in the nation. The finance minister, Heng Swee Keat, made the announcement in his 2019 Budget speech.
    • Indonesia's top five financial companies have decided to merge their digital payment services to challenge Go-Jek and Ovo, the two dominant players in the industry.
    • After raising $272 million in Series D funding from Nasdaq-listed YY Inc. last year, Singapore-based social media platform Bigo has announced it will expand in India, Middle East and the US by the end of this year.
    Komal Nathani

    Former Correspondent, Entrepreneur Asia Pacific

    A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!


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