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Southeast Asia Startup Ecosystem Continues to Prosper Post-Pandemic

ReadWriteStart

As per a report by Google, Temasek Holdings, and Bain & Company, as many as 40 million people in six countries across the region — Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and Thailand — came online for the first time in 2020. However, the prospect of new startups is more focused on emerging technologies.

Asia 171
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2 Reasons Why This is the Best Holiday Season Ever

Growthink Blog

The first is that we currently have awesome economic conditions: a roaring stock market, low unemployment, and solid consumer and business confidence, all of which make right now as good a time as ever to start, grow, finance, and/or sell a business. financing round. NativeAds (digital advertising) closed on a $4M venture financing.

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5 Benefits Of Expanding Your Business Into Global Markets

YoungUpstarts

Sjamsul Nursalim of Indonesia invested in Singapore property development to increase his $830 million net worth. As with your personal finances, the more diversified your business assets the less risk you carry. When you conduct business globally, you tap into investors abroad that might also be interested in financing your business.

Global 100
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[Asia] HKers, Singaporeans Eye Higher Salaries: jobsDB

YoungUpstarts

The number of Singapore job seekers looking for roles in banking and finance has also seen a slight decrease of 1%, while in Hong Kong the same sector received a 2% decrease ( see below ), which may be a sign of the uncertain global economic outlook, although it’s unlikely to harm the status of both Asian financial hubs.

Salary 155
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How has the price of currency fluctuated as a result of COVID-19?

The Startup Magazine

According to the International Monetary Fund (IMF), the ASEAN-5 grouping of nations (including Indonesia, Malaysia, Thailand, Vietnam and the Philippines) will record average negative growth of -0.6% before the end of 2020, down from its initial forecast of +4.8. in the remaining months of 2020.

Vietnam 98
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Financial Literacy Across Asia Declining: Mastercard

YoungUpstarts

Financial services provider MasterCard has announced the results of its MasterCard Financial Literacy Index, which revealed that progress towards improving basic finance knowledge and skills across Asia Pacific has stalled as 12 of 16 countries record lower scores in financial literacy.

Asia 100
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The Next 10 Years Of Infocomm Technology

YoungUpstarts

Over the next few decades, this young cohort would comprise a rising proportion of citizens in Asia (31%-40% in Singapore, Korea, Hong Kong and Japan, and more than 51% in Malaysia, Philippines, India and Indonesia). 2005 to Today: Retail, Manufacturing, Finance, Government Specific, etc. Macro Trend 4: Emergence of the Third Platform.