KPMG Pulse of Fintech – H1’2023 Global funding in fintech dropped 17 percent to US$52.4 billion across 2,153 deals in H1’23, while Singapore H1’23 funding fell to US$934 million across 84 deals from H2’22 Singapore’s artificial intelligence and machine learning fintechs attracted US$129 million in H1’23 Payments, crypto and AI deals demonstrated some resilience amongst fintech subsectors within Singapore Americas sees fintech funding climb from US$28.9 billion in H2’22 to US$36.1 billion in H1’23 as investors enact protective measures to avoid down rounds With US$8.2 billion of funding, global supply chain and logistics focused fintech funding surpasses previous annual record.…
Author: Kevin Le
SINGAPORE – Media OutReach – August 1, 2023 – Chubb today announced that it has appointed dedicated and separate management to manage its property and casualty insurance business in Asia and Australia & New Zealand respectively. Chris Gough will assume the role of Head of P&C for Asia, while Hayden Baker will serve as P&C Manager, Australia and New Zealand. Both appointments take effect immediately. Gough has worked with Chubb for over a decade, most recently as Head of P&C, A&NZ. With over 20 years of industry experience, he has held regional and national roles of increasing seniority with Chubb…
Singapore turns 58! Get ready to champion local favorites with unbeatable discounts of up to 58%. Enjoy exclusive offers and more with iShopChangi Celebrates SG Sale! SINGAPORE – Media OutReach – August 1, 2023 – Between now and August 31, 2023, non-travelers can enjoy an abundance of unbeatable deals on ShopChangi. To honor Singapore’s National Day with a month of extravagant shopping, iShopChangi’s incredible deals spotlight local brands. These include IDS skin care, Kinohimitsu, Killiney, and much more. As part of the celebration, iShopChangi is also hosting an exciting #SupportLocalGiveaway, giving you a chance to win exciting prizes worth over…
SHAH ALAM, MALAYSIA – Media OutReach – August 1, 2023 – BEST Inc, a leading integrated provider of smart supply chain solutions and logistics services in China and Southeast Asia, is proud to announce its Malaysian subsidiary BEST Global Logistics Technology (Malaysia) Sdn Bhd (commonly referred to as BEST Express Malaysia), has been appointed as Tik Tok’s logistics partner in Malaysia. With this partnership, BEST Express Malaysia will be the last market for BEST INC’s unit in Southeast Asia to provide logistics services to Tik Tok, after Vietnam, Thailand, etc. Through this partnership, BEST Express Malaysia will provide pickup service…
HONG KONG SAR – Media OutReach – August 1, 2023 – The unprecedented socio-economic changes brought about by the COVID-19 pandemic have altered the business landscape globally and in China. At the same time, pandemic-related challenges have spurred the emergence of new technologies. Entrepreneurs have actively responded to rapid economic changes by offering innovative solutions and adaptations. For example, robots delivering food to student dormitories have been marketed and the payment process is handled by artificial intelligence (AI). Moreover, AI can also be used to write stories and even computer programs. These innovations have facilitated contactless transactions and logistics, making…
JAKARTA, INDONESIA – Media OutReach – August 1, 2023 – A significant shift in the Indonesian employment landscape has emerged, with nearly 3 in 5 Indonesians actively looking for a new job right now, according to a recent national survey . This unprecedented trend reveals a dynamic labor market marked by increased fluidity and the willingness of individuals to explore new career opportunities. This recent study by specialist recruiters Michael Page Indonesia has 2,203 participating Indonesian workers and reveals that 1 in 2 employees have changed roles since the start of the pandemic. These data point to a fundamental shift…
BANGKOK, THAILAND – Media OutReach – August 1, 2023 – A significant shift in Thailand’s employment landscape has emerged, with 46% of Thais actively looking for a new job right now, according to a recent national survey. Another 10% plan to start a job search within the next 6 months. This unprecedented trend reveals a dynamic labor market marked by increased fluidity and the willingness of individuals to explore new career opportunities. This recent study by specialist recruiters Michael Page Thailand has 942 participating Thai workers and reveals that 1 in 2 employees have changed roles since the start of…
HO CHI MINH CITY, VIETNAM – Media Outreach – August 1, 2023 – A significant change in the Vietnamese employment landscape has emerged, with 35% of Vietnamese workers looking for a new job right now, according to a recent national survey. Another 21% plan to start a job search within the next 6 months. This unprecedented trend reveals a dynamic labor market marked by increased fluidity and the willingness of individuals to explore new career opportunities. This recent study by specialist recruiters Michael Page Vietnam has 996 participating professionals from Vietnam and reveals that 1 in 2 employees have changed…
HONG KONG SAR – Media Outreach – July 31, 2023 – International engineering company (“CIG” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK), a Hong Kong-based financial institution, is pleased to announce that today, through its wholly-owned subsidiary, it has entered into a strategic cooperation framework agreement with a renowned industrial and technological company in the mainland, Guangzhou Miller Baiye Technology Co., Ltd (“Miller Baiye”) to establish a long-term strategic partnership. Miller Baiye now owns exclusive rights to OpenAI ChatGPT’s certificate for the operation and branding of ChatGPT in the Chinese region, which includes the use…
HONG KONG SAR – Media Outreach – July 31, 2023 – Schneider-Electricleader in the digital transformation of energy management and automation, opened a new profiling workshop on July 5 at its factory in Sarel in Alsace, France. Created in 1956, the Sarel site specializes in the production of electrical cabinets, boxes and cases. Within the factory, the steel is cut, bent, punched, screwed, welded, fitted with fixtures and painted and the finished products, designed to withstand intensive use in harsh environments, are then shipped fully assembled or in spare parts. In 2021, Sarel had the third highest energy consumption of…