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Business 17 Jun 2019 | 12:00 AM Premium

Motorbike taxis rev up in West Africa

MOTORCYCLE taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.

Business 15 Jun 2019 | 12:00 AM Premium

FinTech: Financial services disruptor

Unicorns are mystical animals, but they exist in the startup scene to describe privately held companies with a valuation of more than US$1bil.

Business 13 Jun 2019 | 3:43 AM Premium

Wall Street is lending billions to China's tech unicorns

HONG KONG: Wall Street banks are taking their unicorn playbooks to China.

Business 13 Jun 2019 | 12:00 AM Premium

SoftBank plans new fund

KUALA LUMPUR: SoftBank Group Corp is working with Goldman Sachs Group Inc to raise money for its second US$100bil (RM415.7bil) technology investment fund and will begin formally soliciting investors in July, according to sources.

Business 07 Jun 2019 | 12:00 AM Premium

SGX to boost lucrative derivatives business

SINGAPORE: Singapore Exchange Ltd (SGX) aims to add products to its lucrative derivatives business and offer South-East Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth, its chief executive said.

Business 06 Jun 2019 | 4:00 AM Premium

Uber to offer helicopter rides in New York City starting in July

NEW YORK: Uber Technologies Inc. is testing a helicopter service in New York City, according to documents outlining the program obtained by Bloomberg.

Business 06 Jun 2019 | 3:54 AM Premium

Singapore Exchange to boost derivatives, target Southeast Asia unicorns

SINGAPORE: Singapore Exchange Ltd (SGX) aims to add products to its lucrative derivatives business and offer Southeast Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth, its chief executive said.

Business 28 May 2019 | 12:00 AM Premium

S’pore startup Trax raising funds at US$1.1bil value

SINGAPORE: Trax, a Singapore-based startup serving the retail industry, is finalising a deal to raise US$100mil at a pre-money valuation of about US$1.1bil, a price tag that could make it the second most valuable startup in the city-state.

Business 27 May 2019 | 6:18 AM Premium

Singapore startup Trax raising funds at US$1.1b value

SINGAPORE: Trax, a Singapore-based startup serving the retail industry, is finalizing a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it the second most valuable startup in the city-state.

Business 25 May 2019 | 12:00 AM Premium

IR4.0: On the brink of technological revolution

My Point by Manokaran Mottain Malaysia is one of the countries forging ahead with Industry 4.0 (IR4.0). The objective is to modernise our industrial capability, and transform the economy from a low-cost manufacturing country into a high-value competing manufacturer.