Singapore remains key for investments in S-E Asia

Enterprise S'pore: New funding for start-ups still flowing in despite Covid-19 challenges

Enterprise Singapore chairman Peter Ong is optimistic that there is spare capital which start-ups can capture.
Enterprise Singapore chairman Peter Ong is optimistic that there is spare capital which start-ups can capture.
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Singapore remains a key investment destination in South-east Asia, with new sources of funding continuing to flow in for start-ups despite the challenges of Covid-19.

Enterprise Singapore (ESG) chairman Peter Ong said that while the $5 billion of funding local start-ups received in the first nine months of this year was lower than the $7.5 billion recorded in the same period last year, the figures still paint a resilient picture.

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A version of this article appeared in the print edition of The Straits Times on December 07, 2020, with the headline Singapore remains key for investments in S-E Asia. Subscribe